Should you expect only the best when you sign up with an online broker or prepare to do some compromise? The truth is, you should not expect anything other than the best because you are the one putting your money on the line here. Secondly, the brokers who understand the requirements of their traders know how to give them the best trading experience. The one that I think can deliver such a trading experience I have discussed in this Stonewall Capital review.
So, why do I believe that it offers you a great trading experience? The features from this platform meet the exact needs that most traders would have from their platforms. Let me show you through this review of Stonewall Capital.
Impressively Tight Spreads
So, the spreads are the differences in the prices of the assets when you sell them and buy them. When you buy an asset, its price will be a tad bit more than what you will get paid for it when you sell it in the market. This difference helps your broker make money. The problem arises when brokers start charging you huge spreads. In other words, most of the profit that you make on your trade gets engulfed by the huge spreads on your trades. As a result, you want to go with a trading platform that offers you tight spreads and I am not going to hesitate a bit in saying that Stonewall Capital offers you some impressively tight spreads.
With the Bronze account, which is the most basic account offering from the broker, your spreads can be as tight as 2.7 pips. What impresses me even more is that if you trade in the forex market, you will not have to pay any commission on your trades.
Get Big Leverages
Leverage is the second most discussed topic after spreads and also one of the first thing you should know about before you sign up with a broker. So, what are leverages? These are loans given to you by the broker to help you with your trades. You want to enter a trade but the funds in your trading account are not sufficient and hence you need the broker’s help. When you are successful with such trades, you make a huge profit because it is made on the entire amount invested wherein your contribution is very small. The contribution you have to make compared to the broker is written in the form of a ratio.
Stonewall Capital offers generous leverages and you can tell that from the trading accounts. For the Bronze account holders, leverages can go as high as 1:200, which is already quite generous from the broker. The leverages stay the same for the Silver and Gold accounts but they go much higher when you go with the Platinum account. With this account, your leverages can be as huge as 1:400. However, always be cautious with the use of leverages.
Learn from Books and Videos
Are you worried that you might end up losing your investment because you don’t know much about online trading? Well, worry not because Stonewall Capital has the solution to that. It has an entire education center that it makes available to you when you sign up with it. The more important part is that this education is free for you. Yes, you do get access to all of it when you sign up with advanced accounts, but even the education you access from your basic account is enough to get you started. You can learn from videos, eBooks, and even through webinars.
Always make sure that you make the most out of your online trading platform no matter the account type you pick. You are not signing up with a broker to just begin trading. You want to stick with them for many years and continue to benefit from trading. To do that, you need to pick the one that focuses on you.