EuroXN Review
EuroXN is a new cryptocurrency broker in the financial market to help traders in online trading. The financial market is rapidly developing, with a continuous influx of new companies. One of the newest challengers is EuroXN, a rapidly expanding platform that provides both current markets and crypto-based products. EuroXN, which was launched in 2016, has climbed swiftly becoming the quickest platform in 2020. Let’s have a look at the features that add to the success of the trading platform in this EuroXN review.
EuroXN is equipped with all of the capabilities that a professional crypto trading broker should have. The agreements on the firm support up to 100x leverage, allowing for a variety of trading strategies. The brokerage firm also provides simulations trade throughout its “testnet” versions, making it a good choice for both newcomers and expert traders. EuroXN also offers some extra incentives, with customers able to earn $72 in rewards by performing certain activities.
The drawback of trading cryptocurrencies on EuroXN is, there is a limited variety of listed crypto assets. Now, let’s take a closer look at the features of the EuroXN trading platform. In the sections that follow, we’ll go through the accepted currencies, leveraging contracts, charges, premium membership, and other essential aspects of the brokerage firm.
Account Options
There are 4 supported accounts with this broker. Junior account is for beginners and requires a minimum of 200 USD. The senior account requires 5000 USD to create. 50000 USD is a minimum limit set to open an Executive account. The presidential account has the highest minimum requirement that is 250,000 USD. These accounts bring more perks than basic accounts.
Supported Cryptocurrencies
EuroXN now offers spot markets for four major cryptocurrencies, as well as derivatives products that allow traders to trade 6 different crypto assets. This selection is fairly restricted in contrast to some of the broker’s rivals.
EuroXN is distinct in that it permits banking transactions in 6 different crypto assets. In this regard, EuroXN offers users considerably more options than the typical crypto trading platforms.
Perpetual Contracts That Have Been Leveraged
EuroXN provides perpetual contracts in a wide range of cryptocurrencies, including Bitcoin-US dollars, Ethereum-US dollars, Ripple-US dollars, LINK-US dollars, XTZ-US dollars, Litecoin-US dollars, and many more. Traders may go shorter or longer on any of these assets, with leverage ranging from 1 to 150x, depending on the currency.
EuroXN compensates market makers with a negative maker fee of -0.026 percent. This has aided the new brokerage firm in rapidly gaining liquidity and traction by encouraging traders to add volatility to the order instead of taking it out.
Free Spot trading
Rather than collecting trading fees for its spot markets, EuroXN provides membership levels that allow premium users to trade without paying any costs. This makes EuroXN particularly appealing to high-volume traders.
Security of EuroXN Platform
EuroXN’s security characteristic shows the firm’s leadership’s expertise. All funds on the platform are kept in segregated folders and only leave cold storage for money withdrawals, as well as double-entry bookkeeping to keep track of their transactions. EuroXN is one of the market’s younger cryptocurrency brokers, but it’s definitely worth a look. This has positioned itself amongst the best brokers in online trading.
The wonderful point about EuroXN is that the firm doesn’t just speak about safety; it really provides a secure trading system. They have decided to safeguard all of your activities and data with sophisticated SSL technology and digital encryption. All internet traffic is monitored, and all data is encrypted, to ensure that no outsiders may get access and exploit or steal anything. Their privacy policy states that your credentials will not be disclosed, rented or licensed to other parties.
Conclusion
Various account options, minimum requirement funds, secure trading platform, these are the reason I am recommending you give this broker a shot. Although it’s a new broker it proves its worth in a short period of time. It also aims to expand cryptocurrency assets in the future to diverse customers’ portfolios.
