Would you trust anyone with your hard-earned money? Doing so would be a grave mistake that no sensible individual wants to make. Regardless of how eager you may be to engage in online trading, you should step cautiously because not every brokerage you find will be what it proclaims to be. Sure, some of them are truly professional and reliable platforms, but there are also subpar and mediocre ones that offer a poor trading experience. Reading through this Proligon review is a must to save yourself from the latter situation.
A forex and CFD trading service, Proligon has been making a lot of waves in the market because of its impeccable services. Nevertheless, learning the ins and outs of a broker is a must because you do not want to end up facing a disaster. What should you learn? Continue to find out:
Can you diversify?
The first thing you need to learn about a brokerage is whether they will allow you to diversify or not. Even beginner traders are aware that diversification is one of the best strategies for minimizing your trading risks. The good thing about signing up with Proligon is that it saves you from having to open accounts on several platforms just because you want to diversify.
They have given their clients access to various financial markets, which means a Proligon account can be used to trade instruments in different markets, thereby allowing you to diversify. You will be able to keep your trading risks in check and also make hefty profits. Forex, stock, indices, commodities and cryptocurrencies are some of the markets you can trade in via this platform.
Are there any registration requirements?
There are brokerages that have registration requirements traders have to fulfill, which can be quite frustrating and time consuming. You will encounter no such hassle with Proligon because their registration process barely takes five minutes. You can sign up on their platform by filling out a basic form that can be found on their website. The form asks you to provide some details and the only requirements are to agree with their Terms & Conditions and be 18 or older. As long as you are not a US citizen, you will be registered with them right away and can open an account.
Do they protect your data and funds?
One of the most important things to know about any brokerage is whether they are capable of protecting your data and funds. You will be pleased to see that Proligon has proven itself to be more than capable in this area than plenty of other companies. They have complied with the highest security standards that exist for protecting their clients’ personal data and their money.
They accomplish the former goal by maintaining segregated accounts, so all client deposits are kept apart from the company’s own funds and remain safe from misappropriation. The confidential and sensitive data that they store on behalf of their clients is not sold to any third parties and kept under SSL (Secure Socket Layer) encryption. Proof of ID and address is needed because Proligon adheres to the Anti-Money Laundering (AML) and KYC (Know-Your-Customer) policies and this protects you from plenty of illegal activities.
Can you get the help you need?
You want to be able to get the help or assistance you need during the trading process and Proligon has lived up to the highest expectations. An FAQ section on their website provides the answers to a ton of questions you might have. Their education center is filled with learning materials and resources that can be incredibly useful. Their support staff is also available 24/5 to assist via phone and email, or you can opt for a callback at your preferred time.
With competitive trading conditions, a robust trading platform and an array of accounts, you will find that Proligon is a broker you can use for the long term.