What is Cryptocurrency?
If you are a finance enthusiast, you would have definitely come across the term, “Cryptocurrency”. The term may sound complex, but it’s very simple. A new age digital or virtual currency that is secured by cryptography. The plus side is that it is nearly impossible to counterfeit or double spend. Bitcoin, launched in 2008, was the world’s first cryptocurrency and to date the most influential, widely accepted and widely known.
Over time, other cryptocurrencies have gained popularity, such as Ethereum, Litecoin, EOS and ZCash. They are not regulated by any banks or central government but blockchain technology ensures security.
Online Trade of Cryptocurrency
As you might be aware, stocks, indices, forex and commodities are widely traded via online trading platforms. As technology advances, Cryptocurrency also found its way to the online trading sphere.
Crypto is traded via two ways:
- CFD’s- you speculate on the price of the crypto on the market or
- Purchasing a particular crypto currency such as Bitcoin as a long term investment hoping it increases in value.
Aktien Pros
Head quartered in Berlin, Germany, Aktien Pros is no ordinary trading platform. They are an investment firm operating as a global broker. They offer all the world’s cryptocurrencies combined under one trading account. Not just that, they also have the following available to trade within the same account:
- Forex
- Stocks
- Indices
- Raw Materials
- Spot Metals
- Energy
They are regulated tightly by Council of Europe’s MONEYVAL, which means they have to comply with strict guidelines for Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT). They have quickly risen to become one of the world’s largest and most advanced trading broker.
Platforms
Aktien Pros allow trading from your desktop or mobile. With a user friendly web platform, access to finance markets is smooth. Real time synchronization ensures your decision making is always accurate to the nearest second. Their mobile application is available for download on iOS and Android and rated 4.5 stars on the App store and 4.8 stars on the Google Play Store.
Types of Trading Accounts
With Aktien Pros, they understand that every user journey is different.
They offer the following platforms for every individual’s needs:
- Trading accounts for Beginners
- Accounts for Top Traders
- VIP Exclusive Trading Accounts
- Managed Trading Accounts
Therefore, within their trading platforms, they have seven different types of accounts to cater to your crypto and CFDs trading needs.
Types of Trading Accounts
Benefits of Trading with Aktien Pros
Benefits of trading with Aktien
Additional Features
Even the most basic Aktien Pros account gets access to a wide range of trading tools. As you level up your account, you get access to a dedicated account manager, exclusive trading alerts, access to exclusive trading groups. Aktien Pros accepts Visa, Mastercard and wire transfers. Withdrawals are processed immediately thereby allowing clients access to their funds 24/7. Plus, lowest spreads in the industry means you can upgrade your trading account at minimal cost.
Downsides of Trading with Aktien Pros
Everything has its downsides. Since investments based on speculation are risky, there is always a risk of loss. Even though to set up an account with Aktien Pros, you less than $10,000, however, that trading platform is very basic. Similarly, to obtain access to exclusive trading tips, you need to level up to atleast a Premium account that comes with a minimum deposit of $100,000. This makes it very difficult for small size investors to start their trading journey that maximizes their wealth. Furthermore, free withdrawals are only available for V.I.P accounts making it costly for smaller players to withdraw small chunks of their earnings.
Final Verdict on Aktien Pros
Overall, they seem to be a well regulated, well established broker. They comply with Anti-Money laundering(AML), and combating financing of terrorism (CFT) regulations under European Union’s MONEYVAL. They have employed state of the art software in order to ensure lightning speeds of execution. They offer different trading platforms (web or mobile) for their clients based on individual preferences. On the whole, in terms of safety of customer data, security of funds and ease of withdrawals, they are a reliable broker in the online financial markets sphere.
