Which GigaFX Features Are Perfect for Inexperienced Traders?

For anyone who wants to be in the trading career today, there are more than enough options available. You can choose your favorite broker from hundreds available online. However, the most important thing that matters is how well the features of your broker have been designed to meet your needs. If you are a new trader, your expectations from the broker will always be different than the expectations of an experienced trader. Now, GigaFX takes pride in offering some of the best features for new traders. Does this broker really have the features that can make a new trader feel special on its platform? Let’s find out.

The Best GigaFX Features for New Traders

Leveraged Trading

Leverage trading should not surprise you if you are aware of how CFD trading works. Leverages are part and parcel to CFD trading and that’s why you will see every broker offering this feature. However, what you have to look at is the size of the leverage that you are being offered by your broker. Most of the brokers do not really give big leverages to new traders. This keeps the new traders from controlling big trades and earning big profits as a result. Consequently, their progress to become a successful trader is very slow. Things are not the same for you when you join the GigaFX platform. 

Even as a new trader, you are given access to huge leverages and small margin requirements. Sign up with even the most basic account with GigaFX and you will get leverages of up to 1:200 easily. You can take advantage of this leverage on assets from five different asset classes.

Cryptocurrency Assets

As a new trader, you must be interested in trying your trading skills in the cryptocurrency market. This emerging market has been attracting the attention of traders from around the world. Unfortunately, not all the online brokers are brave enough to offer cryptocurrencies to their traders yet. They have not included this valuable asset on their asset indices because they don’t want to take a risk, even with their experienced traders. If you join one of these brokers, you will not be able to trade cryptocurrencies. On the other hand, GigaFX is giving you the opportunity to invest in cryptocurrency market regardless of your trading experience level.

The best thing is that you are not limited with your choice of cryptocurrencies. Most other brokers are happy to offer you only Bitcoin and Ethereum. On the other hand, when you sign up with GigaFX, you will be able to trade the CFDs of Ethereum, Bitcoin, Litecoin, Ripple, and many other strong cryptocurrencies.

The Trading Accounts

GigaFX provides its services to traders in more than 60 countries of the world. You would assume that the broker now wants to target only the experienced traders but you would be wrong. The broker is stills seriously focused on letting new traders become a part of this industry. You can notice that when you look at the four different account types you have available with GigaFX. The broker has designed these accounts for new and inexperienced traders as well as those who have been in this industry for many years. When you look at the different accounts types, you will notice that the accounts designed for new traders are not completely stripped of the best features.

You get to enjoy the same leverages as those with advanced accounts do. You have access to training material for free with your account. Hedging is allowed no matter how recently you have started trading. Hedging allows you to control your risks and losses, and is a feature that many brokers do not allow to the new traders. In addition to that, you will be in touch with an expert advisor who will help you with your trades.

Educational Material

If you are new to trading, trading education is the most important thing for you. You want to learn the basics of trading as well as the most advanced techniques that allow you to make profits on your trades despite the tough market conditions. All of this training is usually available from the broker. However, the quality of the training material can differ from broker to broker. When it comes to trading education from GigaFX, you will get access to the highest quality material available in video as well as ebook format. Most importantly, you will be able to attend webinars to learn trading from the best experts from the industry.

When you attend webinars, you can talk to the expert traders live, get trading tips from them, and ask them questions if you have any confusions about trading. In-depth course from GigaFX is probably one of the most detailed trading courses available from any online brokers.

Customer Support

New traders need a lot of customer support because they have a lot of confusions and questions about not just trading but the trading platform of the broker too. You have just about all the different methods of contacting the company available on the website. There is an email address where the inquiries can be sent to the company’s customer support department. Additionally, there are three phone numbers that you can use to talk to a representative live. Customer support is available to answer all your questions and concerns from Monday to Friday during working hours.

Bottom Line

New traders can join GigaFX trading platform without hesitation. It is clear from the features stated above and many other offerings from the broker that it cares about new traders specifically. It is a breeze for you to create your account with GigaFX and start trading. Of course, you can always take advantage of the demo account to learn about trading and the way the trading platform works. Funding your online account will be easy and making money off your trades will be easier because of the straightforward and transparent policies of the company. So, go ahead and give GigaFX a try if you are starting your trading career for the first time.