Trading is risky and so is the online trading, hence, it necessitates upon a trader to obtain services of an online brokerage to avoid as many risks as possible. One such reputable online brokerage firm which provides its services to worldwide traders for trading in Contracts for Differences (most commonly known as CFDs) is STR Capital.
STR Capital was successfully launched online a few years back to provide state of the art user friendly trading platform comprising of various attractive features such as: –
Multiple Account Choice
What makes STR Capital different from other such brokers is its providing of multiple account choice. These trading accounts are essential for any trader to conduct his trading assignments through the platform of a brokerage firm. Currently there are six (06) different trading accounts namely Basic, Silver, Gold, Platinum, Diamond and Millioner made available by STR Capital, which are all designed in such a way so as to provide the trader a distinct experience which can allow a trader to harvest maximum potential benefits.
Any person or trader, irrespective of how much experience he possesses or does not possess, can sign up with the account of his choice which requires an initial deposit ranging from Euros 500-9,999 upto Euros 1,000,000 plus. These accounts also contains various benefits for example there are loyalty bonuses and insurance levels both ranging from 10% to 100%, insurance levels from; availability of smart charts, exclusive updates, trading alerts and signals, daily market reviews, saving account, group of analyst and facilities of having account manager and money management.
The process of signing up with the desired account is also made easy by STR Capital in which only requires bank statement proof, scanned copies or pictures of Debit/Credit Cards and utility bills as well as ID information as a proof to show that the information being provided by the trader to STR Capital matches the one available on these documents. This is necessary because STR Capital does not allow receiving or sending any third party payments and the relationship is kept between the two only i.e. the trader and the broker.
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For the purposes of maintaining a trade account with STR Capital, a trader can deposit the required initial deposit through various modes of payments which include also bank wire transfers, debit cards, credit cards etc.
Similarly, the withdrawal of amount is also made easy as depositing. Since it is the money of the trader and STR Capital is only a safe-keeper of this money, therefore a trader of STR Capital is free to take out his money at any time and does not require any sophisticated procedure to follow. All that is need to be done on the part of a trader, is to send a withdrawal request by selecting a right method of withdrawal. Once the request is received, and the verification is done, a trader can receive the funds without facing any hurdles at all.
Learning and Education
For a newbie trader learning and education in the field of trading is a must and although most of the learning comes through the years of experience in trading however STR Capital feels that being a responsible brokerage firm, it is the responsibility of STR Capital to educate its traders in order to learn about the basics about the trading in CFDs, its trends and indicators and above all what are the most lucrative CFDs which can ensure maximum returns on investment.
For example, on the website of STR Capital, a trader can learn about various abbreviations and short-definitions which are most commonly used in the trading industry and the persons who are not related to the industry, do not understand a bit about them. Then there is complete know-how being provided about various assets of CFDs such as Commodities (which includes items such as metals, energy, livestock, agricultural etc.), Currency/Forex, Stocks or Equities, Indices etc. Click here for a forex training course.
Compliance
Subject to Rules and Regulations: Often it has been seen that many online brokerage firms are not complying with the rules and regulations as a result either their businesses suffer when they are forced to comply or in some cases they are forced to shut down. Nevertheless, the situation with STR Capital is different because it is an exclusively regulated brokerage firm which is complying with all the requirements of the law and regulatory authorities.
Following KYC and AML policies: The business of STR Capital is also subject to following various other policies which include AML and KYC policies. STR Capital does not support money laundering and has strict rules and this is why it does not accept any third party payments. In the pursuit of this, and in order to follow these two policies in letter and spirit, STR Capital arranges training programs for its affiliates and employees in order for them to be apprised and learn about KYC and AML so that they can apply them in their daily business activities.
Access to Help Centre
In case any sort of problem is being faced by a customer of STR Capital, the trader has the option of reaching out to the help centre which is dedicated specifically to deal with and get resolved the issues faced by the customers. The help centre can be contacted through various means for example it can be reached out through telephone, email, contact form as well as a trader has the option to leave a message so that the representative of STR Capital establishes contact with the trader himself. Any sort of complaint from technical issues to seeking any expert advice, can be brought to the attention of Help Centre.
Concluding Thoughts
In the end it is completely up to the person whether he wishes to obtain services of Capital STR or not, however, the above-mentioned traits are really something which cannot be ignored. Summing it up, STR Capital is a strong supporter of transparency and committed to serve in the best interests of those who want to be a part of it.
