Are you looking for a different way to make money? In today’s world when people have the opportunity of working from home, looking for extra streams of income is nothing new or rare. Almost every other person in a nine to five job is looking for a way to make extra money. One of the many ways available for making extra money is trading. In fact, if you are consistent with your trades, you can make trading your career. A lot of the people who want to start trading have no clue about the starting point. If you are facing the same trouble, you should know that your first step is to pick the right broker.
There is no shortage of broker options for traders today. Hundreds of online brokers are providing their services to millions of people from all around the world every day. One of the brokers that have made a great name with their top notch services is Duxa Capital. Read this Duxa Capital review to know how you can set off on a smooth trading journey with this broker.
The Trading Experience with Duxa Capital
When it comes to trading, there are a lot of factors for you to consider. Let’s look at some of the most important ones one by one.
Ease of Opening an Account
Ease of opening an account does not mean filling out a small form. Yes, it does matter when you have to fill a very long form and it just annoys you. However, that’s not where the real troubles lie. The biggest barrier that comes in the way of traders when they want to open an account is the deposit they have to make. That’s where Duxa Capital has really understood its traders. It has given traders six different accounts types from which they can choose the one that seems the fittest. The basic account type has a very small minimum deposit requirement. Even a student will not have a problem opening this account.
Not to mention, by providing some information about yourself and making the initial deposit, you can start trading within minutes. There are no difficult requirements or things that will annoy you and push you away from signing up with the broker.
The Trading Conditions
You have to know how trading will look like when you sign up with the broker. Is the broker going to make things easy for you or complicate them? Are there going to be big spreads that will take away from the profit you make on your trades? Will you be able to take advantage of any leverage? When you choose Duxa Capital over other brokers, you will not have to worry about these things. The broker has taken care of them for you. First, you will be paying very little to the broker because of the tight spreads and very small commissions.
Most importantly, you will be able to take advantage of the leverage as well. What that means is that you will not be limited to enter only the trades that fit within the amount you have in your account. With leverage, you can enter trades that require an amount that’s much bigger than the deposit in your account. What makes things even better is the bonuses like the loyalty points. There are six different accounts types to choose from and each account type can earn some loyalty points. The percentage starts small with basic accounts but continues to increase as you move on to the big accounts.
The Trading Platform
There is no compromise on the type of platform you will be using for trading. The first thing you should know is that all the asset that you will trade will be available to you on just one platform. This one platform will be with you at all times because it is available in many compatible formats. From Android smartphones to tablets containing iOS, you will not have to worry about the operating system on your device when you sign up with Duxa Capital. Furthermore, you can use the platform on a desktop or download it on your mobile device to use it on the go. You will not notice any compromise on your experience of trading regardless of the type of device you are on.
The Assets for Trading
You should not feel bound and restricted when it comes to trading. In fact, that’s the whole point of accessing the financial market through online brokers. These brokers have to bring you the best assets from the most famous financial markets of the world. Not to mention, you are going to be trading CFDs when you sign up with Duxa Capital. When you trade CFDs, you can trade just about any asset you can think of. Duxa Capital lets you trade assets from five different asset classes. All of these assets are valuable and come from the most reliable markets.
It is up to you how you want to trade. In the past, some brokers tried to restrict the trading positions of the traders. What they would do is that to minimize their own risks, they would let the traders take up only certain positions. You don’t face any such discrimination when you join the Duxa Capital platform. All the assets that you see on the asset index are free for you to trade. It is up to you whether you want to go long on those traders or short.
The biggest news is that you have a bunch of cryptocurrencies that you can trade on the platform. Cryptocurrency is a new market and for that reason, you don’t see many brokers offering it on their trading platforms. Even if they offer the cryptocurrency CFDs, they like to stick to the biggest cryptocurrencies like Ethereum and Bitcoin. However, there are hundreds of cryptocurrencies in the market today and so you should not be limited to a couple of them. Once you are with Duxa Capital, you can trade Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Ripple, and many other new and emerging cryptocurrencies.
How Safe You Are with Duxa Capital?
Are you someone who puts security and safety over anything else? If you do, you are absolutely right to do that. In today’s world where everything is interconnected through internet, you want to be as safe as possible. You have to take all the measures you can to keep your information and money safe when you do business on the internet. When it comes to securing your information, you will often hear the word encryption. Encryption is the techniques that convert your information into a format that no one other than the authorized parties can read. You cannot rely on encryption that is anything less than 256-bit encryption. That’s what you get when you open your account with Duxa Capital.
In addition to that, you want the safety of your money. How do you know that the money you are depositing in your account will be available to you? There have been instances in the past when people deposited their money and the companies used them without authorization. Sometimes, the shady policies are hidden in the fine print. You will not have to be worried about any such thing when you sign up with Duxa Capital. The first thing you have to know is that the broker is going to put your money separate from its personal money. It clearly states on the website that it will keep your money in segregated accounts.
How Easy Are Withdrawals and Deposits?
The next important thing to know is the way you are going to put money in your online account and withdraw it. There are many things to consider even when you know that the broker you are signing up with is legit. You have to know that it will be easy for you to deposit the money. Ease can mean a lot of things here. The first is that you should be able to take advantage of many different deposit methods. Can you use wire transfer if you are not comfortable with the credit card transactions? Are you able to use the credit card type that is available in your country?
In addition to that, you want to know if the online payment systems are there for you to use when it comes to depositing and withdrawing the money. You will not be disappointed after opening your account with Duxa Capital because of how easy the broker makes it for you to deposit and withdraw the money. You can use wire transfers and credit card methods for funding your account. Additionally, you have online payment systems available.
Once you are sure about the methods of depositing and withdrawing, you have to know the fees and commissions associated with them. Some brokers will actually take money from you when you deposit the money in your account or withdraw it. Duxa Capital is clear about the fact that you are free to make one deposit or withdrawal from your account in a month without paying anything to the company. Yes, you will have to keep in mind any fees that are charged by any parties involved in the middle based on the deposit method you choose.
How Good Is the Customer Support?
You have all the amazing ways of getting in touch with the company available. The type of brokers you want to avoid are those who do not let you contact them. Believe it or not, there are some brokers that make it difficult for you to contact them because it helps them keep the number of calls in the queue low. However, that’s not the case for traders who have their accounts with Duxa Capital. When you open an account with this broker, you will be able to access it using many different channels. The best way to contact the company is through live chat.
Live chat feature is there on the website. As soon as you land on the website, you have an agent that you can start talking to. You can talk about any issue and get a response on the spot. If you are not in a hurry, you can use the email address on the website to send in your inquiries. You also have multiple phone numbers for different countries. Call any of these numbers based on the country you are a resident of. Customer support representatives are there to answer your questions 24/5. During the working days, you can call them whenever you want and they will answer your questions professionally.
Top Reasons to Pick Duxa Capital over Other Brokers
The reasons for picking Duxa Capital over other brokers can change from trader to trader. If you are someone looking to trade cryptocurrencies then cryptocurrency CFDs have to be the biggest reason for you to join this platform. If you are someone who wants to start trading but is limited on budget, you would want to sign up with Duxa Capital. You have many different accounts to choose from and the basic ones have very small minimum deposits required from the traders.
Even the traders who have been in the market for many years can open an account with Duxa Capital. There are hundreds of assets for you to choose from. Having such a huge asset index means that you can diversify your portfolio the way you want. Diversification is the perfect tool that experienced investors use to minimize their risks when entering trades.
You should have no doubt in your mind that Duxa Capital gives a very smooth trading experience to the traders. It might not be the oldest and most tenured brokers on the internet, but it is definitely competing with them head on. It takes advantage of the latest technology when it comes to the trading platform. It has designed its account types very intelligently. Most importantly, it has created some friendly conditions for traders to start their trading careers. Last but not least, it is giving up to 100% loyalty bonus to its traders based on the account they choose. It is a broker you can sign up with and recommend to friends without any issues.