With Bitcoin on the verge of reaching all-time highs and other cryptocurrencies the following suit, the world of digital finance is growing faster than ever. Along with it is an increase in the opportunities people have to become investors in the current financial revolution that is sweeping the world.
In the past few years, several different digital trading and investment platforms have emerged; some have proven to be extremely profitable and popular while others have proven to be scams. The nature of digital finance is still very “wild west” in that it is not very well regulated or easy to determine trustworthiness.
Why Tradelax is Different
One of the newer competitors to throw its hat into the digital trading ring, Tradelax is a next-generation trading platform that offers improvements on pre-existing digital trading platforms by learning from their past mistakes. Tradelax is efficient, user-friendly, and offers a wide variety of financial instruments for trading and investing, including cryptocurrencies, stocks, ETFs, commodities, and even fiat currencies. This makes it a one-stop-shop for those looking to invest in future technologies and who don’t want to manage accounts on multiple websites.
Another area that Tradelax offers improvements over its competitors is customer service. Tradelax recognizes that the idea of digital assets and web-based trading platforms is still relatively new to many people and go out of their way to make sure new users understand how to use their system. Customer service reps are there to not only answer questions but also give basic trading tips to their users, ready to assist them 24/7 in any way they might need help.
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How Tradelax is Beating the Competition
In addition to having great customer service and an easy-to-use interface, Tradelax offers a few important features that can’t be found elsewhere. One such feature is its custom-built Stock Screener which can be used to quickly filter stocks based on a wide assortment of variables. Stocks can also be sorted by market cap size, rate of growth, earnings, and several other metrics, making it easier for the investor to find the stock best suited for their investment goals. Traders can also easily keep up-to-date on the companies they follow thanks to the platform’s streamlined data feeds.
For those who like currency trading (forex), Tradelax had a specially-built Forex Heat Map Tool which visualizes global forex trading activity in real time. Sudden increases of trades specific to certain countries could provide clues about possible forex trade entry points which can now easily be recognized by independent traders for the first time. For those who like to trade cryptocurrencies, Tradelax offers an assortment of coins that can be traded in both long and short positions.
Tradelax’s interface is not just well-designed but conducive to making good trades. The company actively presents as many tools and as much information as possible to the trader in order to steer them into making a healthy trade. At the same time, the platform does not feel overwhelming or overburdened with options.
Account Types for All Levels of Traders
Tradelax offers four different types of accounts, with each account level offering more perks than the last: Starter, Advanced, Expert, and VIP.
For those new to the world of online trading, the Starter account is a great way to introduce oneself to the process in order to get the best learning experience possible. It includes a floating spread between buy/sell prices, an enticing bonus structure, and access to a personal account manager ready to help traders get started on their journey as a trader.
For those who have been around for a while and are prepared to make bigger-sized trades, Tradelax’s VIP account level offers negotiable spreads, one-on-one trading with other VIPs, and access to an executive account manager.
Security and Safety Matters
The massive growth and development in the digital finance space has been followed by a new breed of scammers which are keen to find ways to hack customer accounts and exchanges, and security practices of websites are constantly evolving to account for them. Tradelax uses a multitude of security protocols to assure that customer funds are safe, with all data being sent to the website protected by 128-bit SSL encryption.
As a global broker, Tradelax operates according to several international standards and accepts clients from just about everywhere around the world (with a notable exception being those in the US).
Tradelax’s Key Takeaways
With a revolution in finance right around the corner, it is an exciting time to enter the world of online trading and digital assets. It is also more important than ever to make the correct choice in trading platforms. Tradelax combines a user-friendly trading experience with a large selection of tradable assets and advanced trading features into an all-in-one platform. By creating a revolutionary new utility for those who want to make the most out of their capital, Tradelax is set to become a leading choice among digital asset traders worldwide.