If you are looking for a broker to trade in the financial markets, you will quickly come to the conclusion that there are a multitude of companies ready to offer their services. Of course, every single one of them claims they are the best option out there, but this doesn’t make it so. No two companies are the same and the quality of services they offer will be quite different. It is certainly not possible for you to try out every platform, but you can do some research to make a shortlist. This is where Group-500 review can help because it will provide insights into this broker’s offerings.
You will come across Group-500 repeatedly because it is a new brokerage that was established in 2021 and is operating from Switzerland. Even though it hasn’t been around for long, the company has managed to develop a strong reputation very quickly and this has piqued the curiosity of many. What makes this broker so special? Why has it been able to gain popularity so quickly? There are certain features and offerings that have helped Group-500 in gaining recognition. You can read this review to find out what they are:
Plethora of trading products
First and foremost, the plethora of trading products that Group-500 is offering to its clients has helped it in becoming a favorite of many in the financial markets. They give their clients the chance to trade 6 asset classes and offer 100 different products in these categories. As they belong to different financial markets, it can be easy to diversify on their platform, which reduces the risks and maximizes the profits. Furthermore, you will notice that the trading products belong to some of the biggest markets.
There are forex currency pairs like EUR/USD and USD/JPY, stocks of Amazon, Coca Cola etc., energy commodities like crude oil and metals like gold and silver. Group-500 has also added cryptocurrencies like Bitcoin and Litecoin.
Flexible trading platform
Another element of Group-500 that has worked in its favor is its flexible trading platform that’s capable of offering an optimal trading experience to everyone, whether they are a beginner or a skilled trader. They have opted to offer their clients a web trading solution that doesn’t come with any downloading requirements. To access this platform, they only need to have a browser, which means it can be used on desktop PCs, as well as mobile devices. This offers plenty of flexibility to traders.
Moreover, they have used advanced trading technology for providing one-click trading and fast trade execution. There are also a horde of trading tools that Group-500 has added to boost the functionality of its trading platform and to assist traders. There are plenty of technical indicators, interactive charts, graphs and trading signals. An economic calendar provides updates about the current events in the market.
Secure trading environment
One of the biggest worries that traders have to deal with when trading online is about the safety of the money they deposit with the broker and the information they share. To give them peace of mind, a number of security and privacy policies are used by Group-500 that can help in creating a secure trading environment. They are compliant with KYC (Know-Your-Customer) and Anti-Money Laundering (AML) policies that verify the identity of every trader, thereby keeping criminals away.
Accommodating account options
When you want to trade in the financial markets, you don’t wish to be restricted in any way and wish to be able to make as much investment as you want. The problem is that brokerages come with account options that can also be limited. You will find that Group-500 has put together five account choices that are a lot more accommodating than the usual three options most platforms offer. Silver, Gold, Platinum, Signature, and VIP are the options. Whether you are a novice with zero experience or a professional who has been trading for years, there is an account option for you.
The deposit starts with $10,000 for the Silver account and the VIP account, which is only available by invitation, needs a deposit of $1,000,000. As for features, you will not find Group-500 lacking in this area because they have added some essential features like trading news, 1-on-1 basic training, education center access, trading dashboard and customer support to all accounts. Others have some perks like private banking, insured contracts, no withdrawal fee or any other commission and sessions with a personal analyst.
Robust customer support
Another aspect of Group-500 that has helped give it a boost is its attention to customer support. They are fully aware that traders may encounter problems during online trading, or may have questions and queries that need to be addressed. No one likes to wait for a response and it can quickly become frustrating when you don’t hear back. Therefore, a number of channels have been added for providing timely and robust customer support to traders.
There is an FAQ section that’s available on the Group-500 website where you can find answers to common queries that traders tend to have about a platform. If your problem or question is more specific, you can get in touch with their agents 24/5 through email, or via phone, both of which are given on their website. There is also the option of filling out the online contact form on their website, which allows you to schedule a callback from their agents at your own convenience.
When you consider these aforementioned aspects of Group-500 and also take into account their trading conditions and easy registration process and extensive educational resources, they clearly come off as a special broker that can fulfill the requirements of every trader.