As financial investments and trading always involve a degree of uncertainty, you should take extreme caution to evade as many risks as possible. Having said that, selecting a reliable broker is one of the most critical steps to securely approaching the markets.
In this review, we will check out ArgoTrade, an online brokerage service, to help you familiarize yourself with the platform’s working structure.
About the brand
ArgoTrade is a regulated broker where members can trade various CFDs on a high-technology trading platform. The brand includes a variety of features, including Trading Central, professional customer support, trading resources, and a range of account types to enact an intuitive environment for users.
Altogether, the broker assimilates a dynamic, secure, and feature-rich structure to accommodate all kinds of traders.
Assets
With ArgoTrade, members can trade CFDs on over 2000 stocks belonging to multiple global markets, including Asia, Europe, and the US. The brand also lists some of the most popular indices, such as NASDAQ and S&P 500, allowing its members to trade several leading companies collectively. Furthermore, the broker accommodates bonds, commodities, and ETFs to deliver a more diversified trading experience.
In addition, you can also trade on crypto with ArgoTrade to take advantage of the high volatility of this asset class. Lastly, the platform includes more than 50 currency pairs to help traders access the most liquid market of all – the foreign exchange market.
Trading platforms
ArgoTrade integrates a leading WebTrader platform constructed for quick executions and efficient trading. The terminal is compatible with both mobile and web devices and can be used to trade seven asset classes with free analysis tools & trading objects.
Additionally, the broker includes the widely adopted MT4 platform, where you can access over 370 instruments related to 5 asset classes. MetaTrader4 is a highly dynamic platform, incorporating various technical analysis tools and indicators to assist market participants productively. Moreover, MT4 also assimilates a news feed, 1-click trading options, multiple order types, and various graphical layouts.
Account options
ArgoTrade offers five account categories that integrate diverse features, spread ranges, and deposit limits, suitable for all types of traders. Following are the available account options with their minimum deposit requirements:
- Micro: $100
- Silver: $2,000
- Gold: $10,000
- Platinum: $50,000
- Exclusive: $100,000
While all levels share several standard services, the advanced accounts list additional services like premium daily analysis, Trading Central, and premium customer support. Note that higher account holders can enjoy lower spreads on all market assets.
Pros
- A broad range of financial securities.
- Various account types.
- Leading trading platforms.
Cons
- Customer support is not available seven days a week.
- Only CFD trading is supported.
Summary
ArgoTrade is a well-reputed brokerage, incorporating multiple innovative features to support the trading endeavors of users. The platform is designed to be a one-stop destination for traders, and it accommodates over 2100 diverse assets, double-layer security, multiple payment options, and educational resources. The brand includes popular trading platforms and tools, market specialists, and a committed support team to establish a convenient ecosystem for trading enthusiasts. All in all, seems like a brand worth trying out.