Choosing the right brokerage firm is a task on its own. Now that we have all these trades on the internet, how do we know that a particular website is not a scam? For this reason, we need to pick a reliable firm that is not only legit but also values its customers. As a newbie to this investment world, availability of multiple options does nothing but confuse you more and more. In this Group 500 Review, I am here to solve this issue for you and to tell you why you should trust them with your investments.
Qualities That Make Group 500 Stand Out
As an investor, you want to avoid as many charges as possible and so you will love that this platform offers a lot of its services for free. For example, you can make deposits and withdrawals for up to 5 times per month without paying any extra charges. Therefore, youdon’t have to worry about unnecessary payments with them. They do charge inactivity fee but you can also avoid paying that by logging into your account time to time. The only fee that you pay is the spread, which is the difference between buy and sell price.
To provide you with everything under one platform, there are numerous trading products including Forex trading, Stocks trading, and Indices trading. When you have different products to trade with, you can reduce your risks and increase profits.
With this firm, you can start trading with as little as 100$. Not only that, in volatile situations, you can avail their guaranteed stop feature. So even if the price of your share drops rapidly, this feature allows you to set your stop loss to close your position. By doing this, they ensure that even if you go through a loss, you lose as little money as possible. They eliminate the risk of losing a large amount of money for you.
First of all, the accessibility is great as you can access this platform and trade via web or mobile apps on both iOS and android. Secondly, the website is straightforward to help you understand it even if you are a beginner. It is easy to use and all the features are self-explanatory and just one click away. This is why multiple new investors prefer this platform, as zero skills are required to handle it.
As I said above, the website is quite direct. All their features are easy to access. You will find important tabs right in front of you. These tabs are:
- The trade section is where you can find all the assets to trade.
- The order section allows you to look at your trading history.
- Real money tab enables you to switch from demo level to real trading level where you use actual money instead of virtual money for your investments.
With group 500, you can set alerts for yourself in the economic calendar section so that you don’t miss opportunities to buy or sell a particular product.
Dedicated Customer Service
Since their customers are of great importance to them, they are available 24/7 via live chat and email. They not only get back to you instantly, they also offer 16 different languages to make sure there are no communication issues between them and their valuable customers. Their staff is considerate and highly professional, helping you during this entire journey.
As you can see from this review, Group 500 is a brokerage platform that leaves little room for criticism. Their customers are their top priority and they try their level best to accommodate you and your needs. Not only do they offer a demo account, but they also offer a great range of usability and make the entire trading process easy for you. So, opting for Group 500 for your investments is a smart choice that you, as a beginner trader, should make.