Finexro for novice traders

Why Should Novice Traders Consider Finexro?

If you are new to online trading world, then you may get intimidated seeing so many options to select from.

All options look pleasant in the first stance, hence you should dig deeper and do more research to find out which one is the best for you.

Finexro for novice traders

Though it is tough to find out which broker will meet your requirements yet with right research you can make the decision.

There are some firms focusing more on new traders while there are others focusing more on experienced traders.

Brokers like Finexro offer products and services to meet the needs of both novice and experienced traders at the same level.

The review below will explain how:

Easy signup

Lengthy and tedious sign up procedures are frustrating and create doubts in the mind.

When you are signing up with a broker, you are just informing them that you want to open a trading account with them. Finexro offers a simple and easy signup procedure.

All you need to do is offer your basic information and your initial account is created. Of course, for trading, you need to add more details.

Deposits and withdrawals

Finexro offers quick deposit and withdrawal. All you need to do is click on Withdrawal request and you can withdraw whenever you want.

It also uses the safest ways to send you your money. It complies with the Anti-money laundering regulations and you can only withdraw your funds to debit/credit card and bank account.

The minimum amount needed to create an account is 0.001 BTC. You can also make a primary deposit of $250.

Trading fees

Finexro provides a transparent fee system without any hidden surcharges or deductions.

The broker charges a monthly dormant fee of $100 for accounts which have been inactive for more than 45 days. The commission rates for forex, crypto and precious metals are 0.05% and 0.001% respectively and for commodities and indices is 0.01%.

Payment options

There are several ways by which you can fund your Finexro trading account like wire transfer, debit and credit card transfer, online payment, transfer money from other broker accounts and local money deposit.

For novice traders, funding can be done by credit and debit cards.  The broker offers complete safety to your private details. You can also fund your account via PayPal.