Online trading is undoubtedly very lucrative and people are turning towards the financial markets in droves in order to take advantage of the opportunities. This obviously means that there is a need for dependable and solid brokers and this is where Mainrow comes in. This forex and CFD broker may not have been around for decades, as some of the others out there, but is a renowned name in the financial markets. This Mainrow review can provide you with details about everything you need to know about a brokerage before signing up.
It is important to note that Mainrow has received a number of awards during its years of operation for everything from security to transparency. This obviously adds a layer of trust to the broker and you can find out more about its offerings below:
Trading Instruments
You need to know what trading instruments are offered by a broker to ensure they can give you access to the markets that have drawn your interest. You will come to know that Mainrow gives you the opportunity to tap into the potential of some of the top financial markets in the world. Whether it is the forex, stock, indices, cryptocurrency or commodities market, you will find all of them accessible on this platform.
As a matter of fact, it is great to find that Mainrow has added some of the best and most profitable instruments from each market, thereby ensuring that people can achieve their financial goals easily. With such variety of trading instruments available in one place, diversification is also easy for traders and this can help in reducing the risks significantly and boosting profits.
Trading Platform
One of the most important things that every trader should know about a broker is their trading platform. This is the feature that you use for trading purposes and Mainrow has come up with a WebTrader for facilitating their clients. This means that you access it via the browser, which eliminates the need for downloading and installation and gives traders flexibility because they can use it from anywhere.
As far as the user-interface is concerned, you will find that Mainrow has kept it user-friendly to ensure there is no learning curve. You can start using the platform within minutes. The advanced trading technology used ensures that traders can enjoy swift trade execution, allowing them to benefit from market movements easily.
Along with these features, you will also come to know that some of the top trading tools have been incorporated by Mainrow into the trading platform. You can get access to the latest market news, price alerts and movements, along with a number of technical indicators and fundamental and technical analysis tools that can help in decision making.
Trading Accounts
As you are required to open a trading account in order to use a broker’s services, it is best to know what account options are available. It is the norm for companies to provide several options, particularly when they are offering their services to traders from different backgrounds. You will find that Mainrow is offering six trading accounts to its clients and you can pick one, depending on your trading style, capital and risk appetite.
This ensures that newbies with zero experience, intermediate traders with some knowledge and skills and professionals with years of experience and expertise can find a suitable account at Mainrow for their trading needs. The six choices are Standard, Bronze, Silver, Gold, Platinum and VIP and their minimum deposit requirements are $10,000, $25,000, $50,000, $100,000, $250,000 and $1,000,000, respectively.
Each of these accounts at Mainrow has also been equipped with different features to assist their users and these include financial market news, negative balance protection, a welcome bonus, account manager, weekly market review, personalized trading plan and assistance, robot trading, personal chief portfolio manager, trading alerts, live stream trading webinar, VIP events and no withdrawal fee.
Bottom Line
You will also find 24/5 customer support, transparent and competitive trading conditions and excellent security available at Mainrow that can provide you the right kind of trading environment you need.