All it takes is a Google search for you to realize that you have your work cut out for you when you want to start online trading. This is because the number of brokers that are clamoring to offer their services to people is rising with each passing day. You have to go through the options to choose one platform and this seems like an unsurmountable task. So, how do you deal with it? The best approach is to figure out what makes a brokerage different and if that makes it a worthy choice. You can use this Priority Markets review to simplify this task a great deal.
Priority Markets is a brokerage that will immediately catch your eye when you begin searching because even though it was founded relatively recently by Kamuflaz Limited, it has managed to gain a lot of popularity. The level of success it has achieved in such a short span of time will grab your attention, so you need to know what makes it different. Go through the review below to know:
The easy onboarding process
The first aspect of Priority Markets that will draw you straight away is their easy onboarding process. There is no need for you to complete an endless number of forms, provide lots of documents, wait for approval or do something else to open an account with them. All they ask of you is some basic information that you can share in a couple of minutes and your account will be registered immediately. The form you have to complete is available on their website easily and it doesn’t go beyond your name, email, country, phone number and password. As long as you are 18, not a US citizen and in agreement with their Terms and Conditions, you will be registered right away.
The ability to diversify
Even if you are a newbie trader, you will know that diversification is key for you to be able to minimize the risks associated with trading. This is another aspect where Priority Markets is immensely useful because the broker gives you access to a multitude of trading instruments that belong to different financial markets. This ensures that every trader can easily diversify their investments and minimize the trading risks. They have added the best choice from each market, such as the foreign currency and cryptocurrency market, the stocks and indices markets and commodities as well.
Compliance with KYC and AML policies
Another feature of Priority Markets that manages to distinguish it from the other platforms in the market is its compliance with KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policies. These are renowned internationally because they can be helpful in eliminating a lot of security risks. In accordance with these policies, traders have to provide documents for proof of identity and proof of residence, which can reduce the possibility of financial fraud, identity theft, money laundering as well as terrorist financing.
Educational assistance and customer support
One of the best things you will discover about Priority Markets is their dedication to their clientele. This will become evident when you check out the educational resources they have added on their platform. Their goal is to assist their clients in improving their trading knowledge and polishing their strategies and skills to make better decisions. You can find e-books, online courses and video tutorials, webinars and seminars and one-on-one training available.
The customer support at Priority Markets is also exceptional because their FAQ section offers you all the answers you could need. If not, you can reach out to their supportive staff members who are available round the clock and can answer your questions or solve your problems as quickly as possible, so you can continue with your trading without interruptions.
When you add in a modern trading platform, accommodating and flexible account types and good trading conditions, you will have no trouble in learning what makes Priority Markets different from the rest and a worthy broker.