SpotInvest has gradually made headway into the extremely competitive sector and now provides access to various markets, including FX, indices, shares, commodities, and cryptocurrencies.
The website is browser-based and includes a robust mobile application that allows all users to access functions on the move. Its constantly smaller spreads are difficult to overlook in terms of distinguishing it from the competitors.
Who Can Use This SpotInvest Platform?
SpotInvest is for serious traders who want to cut costs or eliminate extra costs when placing trades. The platform maximizes leverage while emphasizing client support. It features pertinent educational resources backed up with research amenities ideal for beginning traders.
Pros & Cons
Here are the most noticeable advantages and disadvantages the platform has to offer:
Pros
- Account security for customers
- Prioritized customer service
- Reduced exchange spreads
- Crypto trading
Cons
- Customers in the United States are unable to access the website.
- There is no automated trading.
SpotInvest Commision and Fees
The pricing structure is highly competitive. It provides various ranges for its account settings, with no charges for withdrawals or deposits. There seem to be no fees associated with canceling an account.
Customers can create a live account with no minimum investment. Users with large account balances are eligible for cashback refunds and welcome prizes.
SpotInvest Features
This optimized trading platform is reliable and straightforward in any computer browser. Its interface is easy to use and browse, which adds to its attractiveness. To better serve all users, SpotInvest provides one-click investing with complete implementation on mobile and desktop platforms.
Entering trades, modifying charts, and creating watchlists are straightforward and intuitive. Users may also access learning materials and FAQs inside the trading program. Users receive notifications as well, whether through the browser-based platform or the smartphone application.
SpotInvest Tradeing Opportunities
The platform provides traders access to various financial instruments and tradable assets. Currency pairs, worldwide indices, world stock CFDs, main commodities, and crypto CFDs are among its products.
Customer Support
Every investment advisor must prioritize meeting consumers’ needs efficiently and adequately. SpotInvest provides a variety of customer service alternatives, such as email for current and potential customers, a live chat facility, and phone help 24 hours a day, seven days a week.
Each client has an account manager who provides individualized service. Online customer service is accessible in multiple languages to reach a wider audience.
SpotInvest Learning Materials
Basic, advanced, expert and professional courses are available to users. Each course includes articles and videos that provide information on fx and CFDs. Registering for an account is required to access the premium features.
Managing risk, macroeconomics, and technical and fundamental analysis are covered. Background data will assist new investors in becoming more knowledgeable about the market.
The premium course provides access to advanced themes and strategy upgrades for experienced traders. The lesson framework is well-organized, including videos and tests. SpotInvest’s contain material for users at various phases of their trading careers.
SpotInvest Research Tools
SpotInvest provides a timeline that members can filter by trade signal, economic reports, instrument, or technical analysis, in addition to the usual financial calendar, which is accessible and filterable. Filterable components of a marketing research tab include top performers, investor sentiment, a heat map, and stock scanners.
SpotInvest Safety and Security
Mobile devices support biometric security. A secure password that includes upper and lowercase letters, symbols, and numerals is necessary to keep customers’ accounts safe. To gain access to accounts, clients use two-factor verification.
The Final Verdict
SpotInvest provides traders with various tools to help them flourish in the sector. It offers a simple and efficient user interface and provides the cheapest forex spreads. This is supported by valuable features such as a trading heat map and an equipment scanner.
Regulation lends credibility to the site, and an automated trading function appeals to tech-savvy traders. This platform is designed for low-cost traders who want to engage in the market for foreign exchange.
Trading is not a simple process. Each user should know that trying the demo trading account is best before going into live trades.
Register here to understand how to use SpotInvest’s incredible features.