Do you want to trade in the financial markets? Many people are eager to jump onto the trading bandwagon, particularly after the hype surrounding cryptocurrencies. If you have been contemplating this option, then you know that you will need a reliable broker like CTmatador.
Even before online trading existed, brokers were an essential element of the financial markets and this hasn’t changed despite all the advancement and evolution that has occurred. The only difference that has happened is that brokers are also operating online now and you have to sign up with one in order to get access to the market and instruments you want to trade.
Finding a broker is not the tough part; you just do a Google search, as you would for anything else, and it will generate a list of companies that are offering their trading services. The challenge is having to sort through them and opting for one that you deem a good one. This is easier said than done because there are hundreds of companies that exist and if you try evaluating each one separately, it could take you a long time.
Plus, new ones will continue to pop up and it will be a never-ending cycle. A CTmatador review can save you from all this hassle. The aim of the review is to provide you with an assessment of the brokerage, making it easier for you to make your decision. Sure, you could consider not doing any of this and blindly opting for a company, but that could be a recipe for disaster. How is that?
The simple fact is that not every company can be trusted. The online space is not regulated and you don’t need to get a license from anyone to set up a website. Anyone can do so, even if they are not a registered and regulated company. Therefore, you have probably heard about online scams and frauds.
Do you want to be scammed? Probably not and the best way to steer clear of them is to know as much as possible about the broker you decide to use. CTmatador is just one more option that you will find in the market and a quick look at it will make you wonder whether you can trust this broker or not.
This is due to the fact that CTmatador was introduced in 2018 and is a Bitcoin-based platform that has now extended its services to 150 countries around the world. The first thing people notice is that it is based on the latest technology, which automatically gives it advantage to some of the older platforms out there.
Secondly, it is also worth noting that the company has managed to expand in a very short period of time, while it has taken other platforms longer to accomplish the same goal. Hence, it is bound to capture your attention and make you question about the trustworthiness of the broker. The best way to find the answer to your question is through a review of its features and offerings. You can check them out here:
Security and Privacy
The first thing you need to check when you are trying to decide whether to trust a brokerage or not is their attention to their clients’ security and privacy. Both are of the utmost importance when it comes to the internet because you are quite exposed online. You will be asked to share your personal information with the company when you sign up with them and then have to deposit your money with them as well in order to trade.
This leaves you vulnerable in the event that the cybercriminals target the company’s website and servers. Any company that wants to gain its clients’ trust will never take any of these aspects lightly. You will see this when you check out CTmatador closely because they have security and privacy policies in place.
If you have any doubts or questions, you can visit their website and go through the policies thoroughly in order to know exactly what is involved. When it comes to security, the company uses 2FA (two-factor authentication) for protecting the accounts of their clients. This ensures that no one without proper authorization can access their accounts.
The account passwords are also cryptographically hashed for keeping them safe. Encryption SSL (Secure Socket Layer) is also used for monitoring website traffic and for protecting all sensitive and confidential information shared on the website. Cloudflare is used by CTmatador for preventing DDoS attacks.
They follow customer account segregation policies, which means that all client funds are deposited in separate accounts and these are maintained with leading banks for safety purposes. As for digital assets, they have opted to use cold storage for maximum security and whitelist wallet addresses.
Moreover, the internationally recognized AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies have also been implemented by CTmatador, as these can be quite helpful in keeping cybercriminals away from the platform. Traders are required to provide proof of identity, residence and payment, something that criminals won’t be able to do.
The policy highlights what information is accumulated by CTmatador and how they use it. They have also clarified that no information will be sold, shared or rented to any third-party without the consent of the traders. This goes a long way in eliminating doubts about the trustworthiness of the company.
After you have looked into the kind of security and privacy you can expect at CTmatador, it is recommended that you check their trading platform. If the company doesn’t make any effort to provide their clients with a reliable and advanced solution for trading, why would they be worth trusting?
Any company worth their salt is aware that the trading platform is the most crucial tool in the trading journey because it is what connects you to the financial markets. If the platform has performance issues or lacks in any department, it could reflect on your bottom line and this is something you don’t want.
CTmatador has certainly made an effort when it comes to this feature and it becomes apparent when you find out that they have offered you several alternatives to choose from. Rather than offering one standard trading platform, they have added a variety and you will be able to choose from three options, each of which are quite different.
This undoubtedly makes the company unique because most companies will only provide you a single option. But, what kind of trading platform will you get? The first one you can check out is the web trading platform that CTmatador has developed for its traders. This is accessed through their website, which means you are not required to download or install anything, anywhere.
It can be opened on any device that supports a web browser and this is quite flexible. The trading infrastructure of the platform is quite advanced and constantly being updated, so you don’t have to worry about its performance. They have deliberately kept the user-interface simple in order to make it easy for traders of all backgrounds to use the platform.
However, this doesn’t mean that they have made any compromises when it comes to execution speed. You will be able to execute your trades quickly and see the results in real-time as well. A range of trading tools have also been added by CTmatador to the trading platform for helping users in making the most of their activities.
First off, the platform has a customizable layout, so you are free to add the tools you want to use. They have added an advanced charting package that can be extremely helpful and you can trade directly from the charts. In addition, you can also find trading alerts and signals, market analysis, price alerts, different order types and the latest market news that can all be helpful.
CTmatador has also added the MT4 (MetaTrader4) trading platform to their offerings, indicating that they are quite trustworthy. After all, it is the leading trading platform in the market and one that enjoys a lot of popularity. Boasting advanced trading technology, it is a feature-rich platform that’s a favorite of all experienced and skilled traders.
This certainly gives an advantage to traders because they will be able to use the best solution for their trading needs. It also comes with a combination of trading tools and other features that can enhance the trading process. Most importantly, CTmatador has kept up with market trends and incorporated mobile trading apps for its clientele.
These days, trading on the go is quite common and people want to be able to trade from anywhere, allowing them to take advantage of even the smallest of opportunities. This is made possible through these apps that can be downloaded on mobile devices. They are available for iOS and Android platforms alike and have also been equipped with various features to make trading easy for everyone.
One of the greatest indicators of a shady company is the lack of support they will offer to customers. If the company is not reliable or professional, it will not provide its clients with a way to get in touch with them if they have a problem. It is considered a red flag and most of these companies later turn out to be frauds and scams.
If you are wondering whether to trust a brokerage or not, you can always look at their support options and this also applies to CTmatador. When you do so, you will come to know that they have added 24/6 customer support for their clients because they are aware that they may need help at any time during the trading process.
The company has created an FAQ section on their website, where they have made an effort to provide answers to any questions people may have and solutions to potential problems. In case you don’t find your answer there, you can make use of the support option available. CTmatador has added a number of email address for this purpose.
You will come across different email addresses and can use them, depending on the kind of support you are seeking. For instance, there is a separate address for general queries, technical support and business proposals.
You can choose from one of the options and reach out to CTmatador’s team for assistance. They are prompt in their response and highly professional and will do their best to resolve your issues and answer questions as quickly and efficiently as possible.
CTmatador is very upfront and transparent about their trading conditions. They have mentioned the spreads and commissions they charge, so you don’t need to worry about being hit by any hidden fee or other costs. They also provide substantial leverage, allowing you to take advantage of as many trading opportunities as you want.
You will also find educational support and assistance available on the platform, which can be quite helpful, especially for newbies who don’t have a lot of knowledge and experience. The deposit and withdrawal methods is also quite secure, so you can trade with complete peace of mind and get access to everything via a single platform.