Every time a new trend pops up, there’s always an influx of people who jump in on the trend. One of such trends is online trading. Trading is quite profitable, and with the advent of online trading, everyone now has the chance to make huge profits on every one of their investments.
However, to be able to cash in on this available opportunity, information is imperative. Before you can enter the financial market, you need to be armed with vital information so as not to get lost in the midst of it all. The first thing you need to note is that you cannot invest in the financial market without a broker. The right broker will help you gain access to several markets that would turn out lucrative for you. With the varying options in the market today, a lot of people expect this step to be the simplest when investing. However, the opposite is usually the case. With the financial market packed with brokerages, it is becoming increasingly difficult to figure out which broker is out to rip you off and which is legitimate. Luckily for you, that’s why we’re here.
There are many varying features that you need to look out for when choosing the right broker for you. This is to ensure that you don’t fall into the hands of scammers. One of the main factors to bear in mind when shopping for the ideal broker is the trading conditions offered by such a broker. You need to look into how easily trades take place on the platform. This will give you a clear and precise idea of the leverages provided by the platform. It will also reveal the offered products and commissions enjoyed on the platform.
Another feature not to be ignored when choosing a platform to trade with is the broker’s financial instrument. You don’t want to be limited, held back, or locked out of one of the most lucrative money markets in the financial market. For this reason, you need to search for brokers that offer necessary assets and are diverse in their collection. A broker who cannot offer you choices in this section is either incompetent or simply out to scam you.
Without adequately considering these factors, you might end up picking a platform that would cause you a massive loss of funds. With these factors in mind, you gain access to a broker that offers you quality and is quite able to meet your individual trading requirements. A broker is supposed to be able to deliver on all your trading needs. These include customer support, ample supervision of accounts, and timely execution of trades, security protocols, and a host of other features. Every broker’s main aim should be to deliver a platform that caters efficiently to the need of every kind of trader. A broker is only successful when a beginner in the trading world and an expert can fit right in on its platform.
One platform that has been able to strike an ideal balance of all these features and always offers a trader-friendly platform is Eiro-Group. We’ll be exploring the Eiro-Group platform in detail in this review. We will duly review every part of this broker to give you an insight into what the platform has to offer and why many traders have chosen this broker as their go-to broker in the financial market. After each feature has been extensively reviewed, you can then decide based on revealed facts whether it is the right platform to begin your trading journey.
|Trading option||Crypt FX, Shares, Indices, ETFs, Commodities, Bonds, and Cryptocurrencies|
|Security||Secure Socket Layer (SSL) encryption, KYC (Know Your Customer) policy, and AML (Anti-Money Laundering).|
|Leverage||1:100 to 1:500|
The Eiro-Group was born out of a demand for an efficient trading platform that sufficiently met traders’ needs. It was created to help traders take fair advantage of the trading conditions without the need to allocate large capital to the financial market. Eiro-Group’s goal is to find a trading platform where traders with little to no experience will thrive. It is a personalized platform, and it offers customers several special offers that they can benefit from. Bearing in mind that the financial market is diverse and caters to people from different countries, Eiro-Group is open to traders that reside in countries where the local regulation favors the trading platform.
Signing up with a broker is usually a tiresome process but this has been simplified for traders in Eiro-Group. The trading platforms are intuitive, with a friendly user interface to ease the trading process for you. The platform also offers a vast array of trading products to invest in. Its many incredible features are one reason why Eiro-Group continues to grow as one of the best trading platforms in the money market.
This platform is a top choice for many investors out there because of the varying trading services offered. Although its main office is located in Cyprus, it caters to traders worldwide and is known for its CFD specialization. Perhaps the question that pops up in your mind at this point is if the platform is a good fit for you. Don’t fret! Keep reading our all-inclusive review to get the answer we know you are searching for.
People have many reasons to be afraid of the online world. There are so many frauds, scam campaigns, and hackers found on the internet that it is hard to trust anyone. As the money market goes more digital, it also invites cyberattacks and hackers. This is a problem faced by many platforms with weak security protocols. Investors are now careful when choosing a platform to carry out their trading activities with and for all the right reasons. You don’t want to sign up with someone who cannot guarantee that your personal and financial information can be kept private and safe.
Luckily, you don’t have to fear this when you sign up with Eiro-Group. This platform recognizes the challenge many trading platforms face and the need for a trustworthy platform people can trade without fear. You’re assured that there is no fraudulent activity to be feared when you use the Eiro-Group platform for your trading activities. It is a platform that always considers the needs of its clients first before anything else. Its first priority is security, and it proves this by putting upgraded security protocols in place to ensure the safety of customers’ details and funds.
The first step taken by Eiro-Group was to install top-notch SSL encryption technology on its platform. This first-rate technology works to keep off third-parties from gaining access to the trading platform’s database. This means that you can rest assured that your personal and financial information is protected from being accessed by hackers who might be looking for a way into the platform. Another way Eiro-Group shows its commitment to users’ security is by complying with international policies to secure customers’ interests. These policies are the KYC and AML policies. They help to prevent the platform from being vulnerable to money laundering, cyber-terrorism, and identity theft. It also helps protect existing users on the platform from falling victim to such fraudsters looking to make their way into the platform.
These policies are adequately enforced on every new member who signs up on the platform. New members must submit proof of identity to ensure they don’t use a name that doesn’t belong to them. Proof of residence is also requested as well as pictures of banking cards or bank statements. This helps this broker put a face to the name and protect the platform and every user in it. Many trading platforms to be found in the financial market today do not recognize the importance of security protocols. However, Eiro-Group ensures that once you sign up on its platform and meet the security requirements, you’re protected from internet dangers while on the platform.
When you venture into the money market, you get to meet two types of traders. Some like to stick to a single asset and build upon the opportunities found on that asset. Some are interested in varieties and like to explore the profitable opportunities found in these varying assets. The purpose of a trading platform is to be able to cater to the diverse needs of traders, but very few brokers have been successful with that. One trading platform that does this effortlessly is Eiro-Group.
There are so many assets to be found on the Eiro-Group platform that it’d spoil you for choices. This platform provides many options that clients can explore and make the best out of. To give you a clearer and precise idea of what this platform brings to the table in terms of trading opportunities, let’s consider the various asset types provided.
You cannot talk about trading options without mentioning Forex; it is the foreign exchange market. Forex is decentralized and therefore has many opportunities to offer customers on Eiro-Group. All the world currencies are paired together, and you can invest in them. You can choose from popular currency pairs on the Euro-Group platform like GBP/USD, EUR/USD, NZD/USD, and several more. There is also a minor category available, and if you really want to take a risk, then you can invest in exotic pairs.
- Stock Indices
Another great choice you can make on Eiro-Group is to invest in stocks. Stocks, which allow you to hold a part of a firm, are used by many companies to obtain funds to grow. As the company grows exponentially, so does your money, which makes it a worthy investment. Note that it goes both ways, so you can either make a profit with the company or accept a loss when the company faces a loss. Significant companies are listed on this trading platform that you can invest in and become a shareholder. You can check out leading indices like NASDAQ, SPI, IBEX, DAX, and many more top indices on Eiro-Group.
If you’re looking for reliable options when it comes to commodities, this is it. The commodities section allows you to purchase, exchange and sell raw products. You can explore hundreds of items, and Eiro-Group provides you with soft commodities or energies you can explore. Soft items usually consist of agricultural products, but if your preference lies in natural resources like gold and other precious metals, oil, and much more, then you should go for hard commodities. You can choose the entity to invest in based on forecasts made on economic trends.
Although this was the last trading option to make an entry into the money market, it has grown to become the hottest. It continues to attract investors who are drawn by the returns promised on investments. The potentials of cryptocurrencies have not been fully tapped. You can also profit from this set of assets by investing in the top cryptocurrencies available on Eiro-Group. Bitcoin Cash, Ethereum, Bitcoin, Litecoin, Ripple, and many more digital currencies are available, and you can invest in as many as you want.
There are different kinds of traders in the financial market; this is dependent on their expertise, deposit amount, and the leverage they’re looking for. To cater to all levels of traders in the money market, Eiro-Group has six accounts ready for you to choose from. Below is a breakdown of each account so you can choose which is a better fit for you.
Like the name clearly implies, this is pretty basic. If you’re a newbie in the money market looking to start small, there’s no better account for you. You still get access to a vast array of trading assets, but you’re allowed to start with a small deposit of €500 till you’re more comfortable and ready to invest higher. Note that you can only go as far as €9,999 before you’re required to upgrade your account type. A 10% bonus and insurance are available to you with this account. Eiro-Group will provide trading signals on a daily basis, and to help you catch up fast; you also get market reviews every single day. To also help you make trading decisions while you’re confused, you get a junior account manager for only two weeks.
Silver is an upgrade from basic, and you are allowed to make a higher deposit of €10,000. However, the limit is placed at €99,999 for this account. You get about 20% insurance and bonus with this account. You will receive market reviews and trading signals when you unlock this trading account. A new feature you gain access to is price charts; they help you forecast price values of various assets in the future, and the silver account offers you this valuable tool on a platter.
Intermediate traders will enjoy this account more. The deposit limit is set at €100,000 – €499,999, so you have a high amount to invest if you’re willing to take the risk. Trading signals are sent twice every day to these account holders, and you can explore the education section to brush up on your knowledge of the financial market. The insurance and bonus range is higher at 30%. Besides this, you also gain access to webinars on this account. Other features unlocked are analysts, junior and senior managers to help you make trading decisions.
Experts and high-risk traders will find this account type a perfect fit. The insurance and loyal you unlock on this account is up to 60%, and you gain unreserved access to the educational aspect. The deposit limit is set at €250,000 – €499,999 as well. You also get junior and senior managers attached to your account, and the customer support is taken up a notch as you can now contact the support team on WhatsApp.
All the features unlocked with the other accounts are available on this account and then so much more. The deposit range lies at €500,000 – €1,000,000, and there is no limit to the account managers you can reach out to. This account offers special invites to VIP events, market reviews, webinars, and even exclusive updates. Money management is also offered, and the bonus level is set at 80%.
If you want to invest huge money and you’re ready for the risk that comes with it, then this account was designed for you. The minimum deposit for this account is €1,000,000. All the services offered for other accounts are unlocked for this account and then so much more. The additional facilities that promote diversification of investments are revealed when you sign up for this account.
Eiro-Group aims to make sure every customer can trade with confidence. It expresses this in the trading platform provided that traders can use to carry out trading needs. This is precisely why this broker provides a mobile and desktop web-based platform that allows clients to carry out trading activities. The trading platform provided by Eiro-Group is unlike any other out there, which is why many people have chosen this broker as their first choice. The platform is optimized to give you everything you need to make profits on the money market.
There are tools like live TV, risk management tools, news, charting, price alerts, and an education section made available on both the desktop and mobile versions of the platform. The trading platform is also made compatible with all kinds of devices, so you’re not left behind no matter the device you use. The Eiro Group trading platform does not require any form of download and is optimized to fit any screen size you’re using to access the platform.
Stellar Customer Support
The customer support available with Eiro-Group is merely incredible. It is simply the best because you get all the support you need at all times. Their support team is made up of professionals, and they’re available at all hours of the day to answer your queries or help you with arising issues. You can reach them via email and be assured of a response within 24 hours. Another method to reach out to Eiro Group is by calling the contact number displayed on the platform. You would be directed to speak with a representative immediately. Their support team is quite courteous while being helpful at all times.
While many trading platforms compete in the same space, Eiro Group is far ahead with advanced tools, stellar customer support, varying trading options, and the right set of trading products to explore. Security on this platform is tight, so there is no need to fear hackers ever gaining access to your personal information while you’re on the platform. It is recognized by regulatory bodies and uses advanced encryption technology to prevent third-party access. With six account types made available, everyone has a place on Eiro-group. The trading platform is also responsive and user-friendly; it is made compatible with every device so you can trade at home and while on the move. The best part is whenever any issue arises; you know there’s a professional support team just waiting to offer you all the help you need.
This platform will cater to your trading needs whether you’re a new broker or an experienced trader looking for a better trading platform with more opportunities. It understands the market and provides you with the advanced tools necessary to thrive in the money market. Is this a legit platform? Absolutely. If you’re looking for an ideal platform to kickstart a successful trading career, this is the one for you.