Jakarta, CNBC Indonesia – Achieving a higher standard of living is quite a struggle for some people, especially for those who do not have additional sources of income. This also makes investment the ‘vehicle’ of choice to achieve financial goals in a transparent, dynamic and legal manner to protect and gain profit.
One of the instruments of choice is foreign exchange or usually known as forex. In this instrument, many ambitious investors or traders usually choose CFDs (contract for difference) which offer the potential for fast profits and low entry thresholds.
Apart from profits, you need to remember to choose the right financial platform. A secure platform with a variety of assets that can be traded and safe withdrawals should be taken into consideration.
The reason is, as technology develops today, the investment landscape has become very diverse. The number of brokers available to traders is also greater than before. In addition, the security of funds and personal data must also be considered when opening a Forex account. This is the importance of choosing a reliable and globally recognized broker.
Here are 4 Advantages of Choosing a Globally Recognized Forex Broker
1. Superior investment experience
Imagine a famous athlete who gains international recognition thanks to his success in various top leagues in the world. Such a player would be viewed as an asset by any team due to his diverse experience along with his accomplishments.
This also applies to financial brokers. The more international experience you have, the better your reputation will be. By adopting international best practices and adhering to international standards, brokers can provide user experience to increase client satisfaction.
Globally recognized brokers have the resources and capabilities to invest in the development and implementation of new technologies. They can scale these solutions to drive efficient international operations and adapt them to the specific needs of users in each region.
With their extensive and comprehensive experience, globally recognized financial brokers have several advantages over their competitors. For example, cross-platform support for their applications, continuous user experience improvements, and implementation of the highest standards in customer service.
2. Higher liquidity
Brokers act as a liaison between financial institutions and retail investors, which helps retail investors to enter the market even with limited funds. Brokers also provide leverage, an essential tool for traders who have limited capital and want to make profits as soon as possible.
Thus, the global presence and various licenses held in various regions allow the broker to connect with many liquidity providers. This means more trades, higher liquidity, and as a result better quotes for individual investors.
By accessing various regional financial markets, brokers have the opportunity to offer clients a wider range of instruments by involving more financial institutions. In turn, a wider selection of assets offers a diverse investment landscape for traders so they can tailor their portfolio to their long-term financial goals, initial capital and investment style.
3. More features
Leading brokers use global expertise to provide multiple sources of information so clients can make smarter decisions and improve their trading activities by introducing additional features to financial platforms. Geographic reach plays an important role in a broker’s ability to provide additional features and educational materials to traders, as each region serves as a testing ground and generates data.
The exchange of ideas and practices between various regions also acts as a catalyst for developing exclusive tools and education. For global brokers, the process of streamlining clients’ trading experiences is a positive result of broad reach and exposure to specific regional mindsets and features.
4. High Security
The fear of losing funds due to fraud or not being able to withdraw profits haunts the minds of many traders and prospective traders. For this reason, it is necessary to choose an experienced and trusted broker who has a comprehensive approach to the security of user data and client funds.
The withdrawal procedure must be completely transparent, simple and fast. If these requirements are met, traders will be able to rely on the broker completely and invest without the slightest hesitation.
As a globally recognized and proven broker since 2011, Octa uses separate accounts to separate clients’ working capital and investments. By holding funds in separate accounts, brokers ensure that clients’ trading capital is not used for any purpose other than to meet their trading or margin requirements.
Octa also provides smooth and fast withdrawals, which gives traders complete control over their capital. Following international security standards and practices is essential for brokerage businesses to provide a safe trading experience to customers.
While global brokers can ensure anti-fraud protection, safe and fast withdrawals, and compliance with the latest cybersecurity protocols, financial platforms need to update their knowledge base regularly. In addition, following the latest recommendations from international institutions, and actively researching various latest industry cases.
Based on these advantages, brokerage companies with a global reputation and multiregional experience are superior to other companies. An international presence allows financial brokers to tighten security, improve user experience and provide better trading conditions.
[Gambas:Video CNBC]
Next Article
Trading Forex & Gold with Capital of IDR 100 Thousand? You can!
(rah/rah)