Want to trade in the financial markets? With online trading garnering a lot of traction in the last couple of years due to the COVID-19 pandemic, it is not surprising that there is a massive demand for brokerages. They are the ones that facilitate the trading process, which makes them an essential element of your trading journey. However, it also means that you have to be extremely cautious when searching for one in order to make the right decision. There are hundreds of options and this can make the matter a tad more complicated than you expect. You can use this TCN Markets review for some assistance.
One of the forex and CFD brokerages operating in the market, TCN Markets appears to be a well-rounded brokerage that is currently operating in 52 countries around the world. But, you need to know everything important about a broker before opening an account with them. What should you know? Take a look below:
The first and most important thing to know about a broker is the trading instruments they offer. In fact, your decision can hinge on this aspect because you may have some specific trading instruments in mind for trading and not every brokerage will offer you those. Some platforms focus on instruments in one market, while others may give you variety. You will learn quickly that TCN Markets falls in the latter category, as they provide their clients with instruments belonging to different markets.
You will have access to more than 1,000 global trading instruments that belong to some of the most renowned financial markets in the world. You will find that TCN Markets has chosen to offer leading instruments from the forex, stock, indices and the commodities market, so you will not run out of options when you decide to trade.
The next area of the broker that deserves your attention is their trading platform because you have to use it for all your trading activities. A look at TCN Markets shows that they have developed a modern yet simple trading platform for their clients that you can download quickly on your desktop. The use of advanced technology ensures quick trade execution as well as one-click trading and the customized interface allows every trader to use the platform easily, regardless of their skill and experience.
It also becomes obvious that TCN Markets has equipped their platform with some of the best trading features and tools, such as price alerts, an economic calendar, live charts, trading signals and risk management tools like stop-loss and take-profit orders. Along with this platform, you will find that mobile solutions for Android and iOS are also available, which can provide flexibility to traders.
As you will be required to open an account with a brokerage, it is best for you to check the options available to see if they can work out for you. There are four trading accounts that you can find on the TCN Markets platform and they are named Silver, Gold, Platinum and VIP. The minimum deposit for these accounts is $1,000, $10,000, $50,000 and $250,000, respectively. This allows every trader, whether they are a beginner or an expert, to find a trading account that can fulfill their needs.
Every trading account at TCN Markets has also been equipped with different features and tools to assist the user in their journey. You will find that they do not have hidden fees or commission and there is 100% transparency. Each account comes with low spreads and they become tighter as you upgrade. A dedicated account manager, daily market brief, 24/6 support, individual updates, educational resources and round the clock customer support are some of the additional features you will find.
Once you have checked the most important things about TCN Markets, you can see that they are a popular online broker because they offer a well-rounded brokerage for your trading needs