Perhaps the most pivotal inventions made in the financial industry in the last decade is cryptocurrency. Launched by an anonymous individual or group that identified as Satoshi Nakamoto, Bitcoin made its debut in 2009. At the beginning of the last decade, this industry was almost non-existent and didn’t have a lot of attention. Things have changed since then and the numbers are undeniably impressive nowadays. Bitcoin achieved an all-time high of $19,000 in 2017 and since then, the cryptocurrency hype has only increased. It has been widely adopted by people and is now being used as a replacement for cash as well.
However, one of the biggest adoptions of cryptocurrencies is their use in the trading world. Speculation and profit making through cryptocurrencies has become quite common and there are more than 5,000 coins that can be found in the market these days. Consequently, it is not surprising that many people wish to invest in them in order to enjoy profitable returns, as others have done and are doing. But, in order to start trading cryptocurrencies, you have to find a broker. This applies to every trading instrument and crypto is no different in this regard. Likewise, you have to be cautious in choosing a broker for trading cryptocurrencies, similar to the one you choose for other assets.
Even a small mistake on your part can cause you to choose a broker that cannot be trusted and you could end up losing your hard-earned money to a scam. If you are looking for a good and reputable broker for crypto trading, Global CTB can be a great option. It is easy to distinguish this broker from the rest because it has been founded by former traders with experience in equity and crypto markets. They have used their experience and market insights to establish this brokerage due to which it is equipped with every tool and feature that may be needed for trading cryptocurrencies easily and in a hassle-free way.
This has helped Global CTB in developing a strong reputation in the market and they have attracted traders from different parts of the world. What can you expect when you opt for this broker to trade cryptocurrencies? Let’s find out:
- It gives you a horde of profitable cryptocurrencies to trade
Obviously, you are contemplating Global CTB’s services and features because you wish to trade cryptocurrencies. But, which ones? As stated earlier, the crypto marketing is thriving and there are tons of options that traders can explore. Which one do you want to trade? It is perfectly normal to start with just one crypto when you are new to the market, but eventually you would want to expand. The market has a lot to offer and diversification can give you higher profits and reduced losses. Most brokers offer a handful of cryptocurrencies and don’t move beyond the top players in the market. Global CTB doesn’t follow this path.
The broker is fully aware that some of the newer options just might turn out to be the next Bitcoin. As a result, it has added a horde of profitable crypto options to its asset index. Sure, you can find the top options in the market like Bitcoin, Litecoin, Ethereum and Ripple, but the offerings don’t just stop there. The experts at Global CTB assess new crypto options and once they have verified their authenticity and profitability, they add it to their index. Hence, you can trade Dash, Monero, Bitcoin Cash and many other smaller and newer cryptocurrencies with Global CTB.
- It has developed a proprietary trading platform
The most important factor that has an impact on your trading experience with any broker is the trading platform they are offering. It is from where you purchase and sell your cryptocurrencies so it needs to be easy-to-use and should deliver a smooth trading experience. The speed and technology offered by a trading platform is of the utmost importance because if there is a lag somewhere, it can cost you a lot in missed opportunities. The people behind Global CTB understand the role of a trading platform and so they have come up with their own proprietary trading platform.
Instead of a desktop platform that’s more common, Global CTB has chosen a browser-based platform because it can give traders more flexibility. It helps them trade on the go and do it just as seamlessly as they would on their laptops or desktop devices. Moreover, such platforms require minimal maintenance on the part of the trader and are less likely to suffer from any delays or lags because they don’t need to be downloaded. The only thing you need is a web browser and an internet connection and you are good to go. Nonetheless, just because it is a web-based platform doesn’t mean that it is not powered by the most advanced and sophisticated technologies.
It boasts some of the most powerful and accurate trading tools out there. The dashboard is an impressive one and makes for easy navigation, whether you are a newbie or an experienced trader. Trades are executed in a single click and changes are reflected right away. You can see the results in real-time and check your past trades and history.
- It offers you reassurance through regulation
Regulation is very important for a brokerage because it provides them the legitimacy they need to reassure their traders. If you do some research, it will become apparent that most scams center around unregulated brokers. Either they are involved in the scams or their systems are compromised because they don’t follow proper rules and guidelines. Thus, trading with regulated brokers is a much better choice, especially when it comes to cryptocurrencies because they are a very volatile asset in itself. There are some brokers out there who claim to be regulated to attract clients, but are not.
Global CTB is a fully regulated and licensed broker and they have provided a certificate to back their claims on their website. The regulation means that it is monitored by an objective and reputable organization and has to follow the rules and guidelines set forth by them. Their accounts are audited regularly and they are fully transparent in all their actions. Since the broker is regulated, you need not worry about being scammed because the regulator can also step in to resolve disputes. Also, the broker is also required by regulations to provide compensation to its clients in case it goes bankrupt.
- It doesn’t charge high trading fees and other costs
In order to calculate your profits, you have to take trading costs into account. It is a given that traders would want to keep their costs as low as profits to earn high profits. However, the costs you incur also depend on the broker you are using. If the broker charges too much, it will eat away at your profits and demotivate you. This usually happens in cases where brokers charge high commission from their clients. Global CTB is not one of them because they do not charge any commission at all. You don’t have to worry about high transaction costs either.
The broker has chosen to make their money through spreads, which is the difference between the ask and bid price of a cryptocurrency. The most impressive thing about Global CTB is that they offer some of the tightest spreads in the entire industry. With such low spreads, you are able to take home most of your profits. Furthermore, the broker is fair in its pricing and doesn’t add any hidden charges or inactivity and maintenance fee from its clients. They have clearly mentioned all their charges beforehand to make it easy for traders to make their decision.
- It makes sign up easy and offers several account options
The sign up procedure of a broker is important because you want to register quickly and start trading. Some brokers can take days before they let you get started and this can be frustrating. Global CTB doesn’t follow in their footsteps as the broker has kept the process very straightforward and quick. Registration requires some essential information like name, email address, phone number, date of birth and password. Once you have registered, you can immediately move onto choosing an account type for yourself. Here, Global CTB has set itself apart through the variety of account options provided.
Instead of going with the usual 3 to 4 options, Global CTB has added six account options, which are quite diverse and can accommodate traders from different backgrounds. This means that no matter what type of trader you are or what your risk tolerance may be, you will find an option that works for you. You first have to choose a currency for your account. There are three options; USD, GBP and Euro. The account options you will find are:
- Basic: The first account can be opened for just $250 and novices can enjoy daily market review, price alerts, 24/6 customer support, a 30% welcome bonus and access to education center and PRO webinars.
- Beginner: With this account, traders get a higher bonus of 40% because it is for those with some experience and knowledge. The minimum deposit increases to $10,000 and a junior account manager can also be accessed to get advice on strategies and investments.
- Medium: Global CTB has added this account option for experienced traders so a deposit of $25,000 is needed. The Welcome bonus goes a bit higher at 60% and a senior account manager is added to deal with the higher trading volume.
- Advanced: As indicated from the name, this is for advanced and skilled traders and Global CBT provides a 70% bonus with this account. You have to deposit $50,000 and can benefit from the expertise and skills of a VIP account manager.
- PRO: For this account, you have to be ready to deposit $100,000, but it is certainly worth it because the welcome bonus is at 80% and it gives access to every single feature that the broker has to offer.
- VIP: The last account is limited and can only be accessed when some requirements have been met. In order to know about these requirements, you can speak to your account manager and they will guide you about the conditions to be fulfilled and the bonuses you can enjoy.
- Its security measures are robust and impressive
One of the biggest offerings of Global CTB is their security measures that have proven to be robust and impressive in the face of threats that exist nowadays. In order to keep prying eyes away, they have made use of strong firewalls and they have also used the full power of SSL (Secure Socket Layer) encryption for keeping all data and information safe. They don’t sell or use any information obtained from the customers without their permission. There is also a Know your Customer (KYC) and Anti-Money Laundering (AML) policy implemented by Global CTB. Their purpose is to verify the identity of every individual who signs up on their platform and to prevent it from being used for illegal activities. The broker has also maintained segregated accounts for its customers and kept the broker’s accounts separate to prevent any misappropriations.
- It provides help and assistance round the clock
Customer support is also available at Global CTB and the broker has gone to great lengths to ensure it is accessible when required. First, they have a comprehensive FAQ section where answers to most questions are provided. If you have additional queries, the broker gives you multiple channels to reach out to their clients. You can go with email, live chat and phone for speaking to their representatives who are friendly and knowledgeable and can help you out, as needed.
With Global CTB, you can have a complete trading experience in the crypto market because they offer you access to a huge range of cryptocurrencies, a sophisticated platform, strong security measures, excellent trading tools and responsive customer support to make it happen.