If you are looking for a brokerage firm offering good services, then Ualgo is a really good option. In this Ualgo review, we will look into the platform and see what it offers to its customers and how it is better than other platforms present in the market.
Online trading has attracted many traders with its promising future and endless opportunities. If we go back in history, trades used to happen through physical and difficult means, but things have gotten much easier for traders with the advancements in technology. But if you are new to this field and don’t know much about it, surely this article will help you a lot. To trade online, you have to be affiliated with a platform that offers services that can help traders to trade easily. And no doubt, it is the platform’s responsibility to take care of the needs of traders. But unfortunately, not every platform is fulfilling its duties and responsibilities. For this reason, most of the traders are not satisfied with the services of their brokers and are willing to change them.
Let us start with why it is important to choose the best broker. The broker offers a platform where traders can easily trade their preferred asset, but exchanges do the same. Then why should a trader opt for a broker over an exchange? It is because brokers are offering much more than just providing a platform. If you are new to the field, then brokers are surely the best option you have at the moment. This is because a broker helps traders enhance their trading experience with the help of an experienced team that will tell traders how to invest their money wisely. The broker’s team will tell you everything about the trading world and how experienced traders earn profits. For that purpose, trading signals provided by brokers are really important, and those are not possible if the team is not experienced or professional. The whole point of creating a brokerage firm is to help traders decide where to invest and what is the right time to do so. By keeping these points in mind, you can imagine how important it would be to choose your broker wisely. If an experienced trader is working with an unprofessional platform, then there is no use of his experience and knowledge about the market. He is more likely to face loss, and that can cost him huge amounts. But on the other hand, even if you are not experienced, but you manage to find a good broker like Ualgo, chances are pretty high that you will get profits.
Now comes the most important question, where to find a good broker? If you are an experienced trader, then you would probably know about the big names. But those big names also charge a big amount of fees on their services which is not beneficial for the traders. But some other good options offer the same or even better services like in this case, which are not so popular but are definitely worth giving a try. I am talking about Ualgo. Yes, it is a brokerage firm that you wouldn’t have heard of, but it is a very professional and good platform that offers significant features. If you are confused about choosing a platform or are willing to change your existing one, you don’t have to worry. I have done the research and found one of the best brokers that are available in the market. This platform is relatively new to the already existing big names, but that doesn’t mean it is not good. It takes time for even a good platform to gain popularity and recognition among traders, and Ualgo is still in its early stages. Being a new platform, it has one of the most experienced and professional teams that knows everything about traders and what they want from a broker. This is why most of the reviews you will see on the internet regarding Ualgo are positive, and traders who have worked with this platform seem quite satisfied with it.
This statement alone will not be enough for you to risk your money with a new platform, so I have done the research and found out some of the major features that Ualgo is offering. These features are listed below for your convenience, and after going through these features, you can choose whether or not it is worth giving a try because, after all, your money and time will be used, so you should make your decision wisely.
Why Should You Choose Ualgo?
As I have told you a little about Ualgo and why it is gaining popularity even if it is a new platform, here are some prominent features that make Ualgo stand apart from any other platform available in the market.
- A Complete Trading Platform
Ualgo is very different from any other platform available in the market, so Ualgo is labeled a unique and distinctive option. The most important thing that disappoints traders is credibility. Many new and old platforms offer a ton of features and services, but not every platform is fulfilling its claims. But Ualgo is different from them. It is offering a bunch of features that are also fulfilled professionally without any disappointments.
The platform of Ualgo is working in a very professional environment and excelling in every department. Whether it is customer support service or the trading platform itself, it includes even the smallest thing. Let us take an example of the trading platform, even the slightest lag within the transactions can cause frustration and anger among traders. This is where an experienced team of Ualgo comes in handy because it focuses on even the slightest thing in the platform and is constantly improving its services to provide the best platform to the traders.
The trading platform is very important for traders. It is the interface that a trader is going to use every time he wants to trade. This is why a trading platform has to be perfect in every way. Ualgo has considered this point and has created a platform that caters to every trader. There are different types of traders. Some want to trade on their computers, some prefer mobile phones, and some want to keep changing the devices and trade from multiple devices. For that reason, Ualgo has created three types of trading platforms. The first one is for station-based trading, or in other words, it is software for computers and laptops. This software is equipped with the latest technology and every tool that will enhance the experience of traders. So for those old-fashioned traders who like to trade through conventional means like computers and laptops, the Ualgo has got you guys covered. For all the mobile freaks out there who want to trade using their mobile phones, maybe because they don’t have a laptop or prefer trading on a much handy device like mobile or tablet, there is a mobile application for mobile phones. Regardless of which mobile phone you have, the application of this platform is very well optimized and has every tool and graph available on the computer software. So now, with the help of Ualgo, you can trade anywhere you want using your mobile phone without even sacrificing anything. Then comes the turn of traders who keep on changing their devices, or in other words, trade through multiple devices. For such traders, there is a web-based trading platform available as well. Yes, a web-based trading platform that doesn’t require any installation and wait time. All you have to do is reach out to the platform, sign.
- 24/7 Customer Support
A user’s trading experience cannot be good if the company does not provide proper customer support. Traders must receive customer support because there are a lot of o difficulties and problems that they can face. Therefore it is important to remind you that if you are searching for a broker, then be sure to check the type of customer support they provide. This is a very important service, and if a company does not put effort into it, it is best to avoid it. When you browse in the market, you will find many platforms with amazing services to offer, but the customer support service lacks greatly. It shows that the company does not prioritize customers, and you are bound to have trouble with a company like that.
The simplest form of customer support service is having a section for FAQs. These are questions that are most commonly asked and often help users with basic or minor issues. But still, you will find that many good brokers do not have a good FAQ section. What does this show? It shows that the platform doesn’t regard a customer’s problem that highly, which is a red flag if you ask me. I say this because many users who join the field are very new to everything. It is normal if they get confused or stuck at certain points. This is why there should be a proper system to help them resolve issues to go back to trading immediately.
Often, good platforms that care about their customers have a place where customers can drop their questions. And once you send it, the customer support team responds to the issue. But Ualgo is unlike the platforms which do not care for customers. Because Ualgo understands that it cannot be a successful platform if the customers are not happy with the service. This is why to accommodate the customers better, Ualgo allows its users to access live sessions. During these sessions, they can communicate with the customer support team and discuss your problem. There are two options that users can choose from, one is to chat or the second to call. Also, keep in mind that this problem can be related to anything. Whether it is information or technical, you can ask for help.
The team is extremely efficient and experts at their job because you do not have to wait long for the solution. They provide you with it on the spot. And another wonderful thing is that Ualgo does not restrict its users to a certain day or time to reach out for help. Instead, you have access to the customer support team 24/7, and during this time, you can reach out to them as many times as you want.
- Safety comes first
The most important thing in online trading is to ensure your safety. This includes researching and analyzing any platform you are interested in and making sure it is registered with legal authorities. Why is it important to work with legally recognized companies? The asset that everyone is crazy about these days, cryptocurrency, is a decentralized system, which means that no person or company is completely in control of it. To ensure your safety and the safety of your funds, working with a registered company is best. Because if you work with an unregistered company, you will have no one to blame or hold accountable after getting scammed except for yourself.
With a platform like Ualgo, customers do not need to worry at all because this is a registered company. This means that the platform is recognized by legal authorities, and it is safe to work with them. This way, if Ualgo were to ever misuse their power, then there would be severe repercussions. Another great thing is that as a user when you register, you only have to provide simple information. And the best thing is that you do not have to provide any sort of financial information. One reason for this is that after creating an account, the user would have to create a crypto wallet account, and that is when you would have to provide information. If you are curious about other registration information, then you can find that on the Ualgo website.
Other than this, Ualgo also implements two security policies. KYC and AML. These security policies are responsible for preventing any type of illegal activity from happening on the platform. KYC or Know Your Customer policy requires traders to provide proof of residence and proof of identity to the platform so that no scammer can get into the platform. If we talk about AML or Anti-Money laundering policy, then it restricts any type of illegal activity like money laundering from happening on the platform. All of these policies work with SSL technology to provide the best and most secure trading experience that you would ever get.
- Account Options Available
Every trader has different needs when it comes to account options. Unlike other trading platforms, which are offering only one type of account, Ualgo is offering multiple account types according to the need of every trader. The list of these accounts is listed below:
Bronze account: This is the first account type that is offered by Ualgo. As you can guess from the name, this account type is designed for beginners and traders who have recently joined the trading market and are still learning. You will be amazed by looking at the minimum deposit required to open this account. $250 is the minimum amount to open this account, and it is extremely competitive when compared to other platforms. But you shouldn’t get fooled by the name of this account, and it is offering everything to the traders. The features include 24/7 customer support, an online financial course, and one on one training for the new traders who are willing to learn about trading.
Gold account: This is the second type of account that is offered by Ualgo. This account is designed for intermediate traders who are not beginners but not even pros in online trading. Intermediate traders can open this account with a minimum deposit of $10,000 and unlocks lots of exciting features like an E-book for learning and much more.
Platinum account: If you are a pro, then you can opt for this account type. It is the third account that is offered by Ualgo and unlocks almost everything that is offered by the platform. This account has a minimum deposit limit of $25,000, which is quite reasonable for professional traders. The platinum account offers all of the features except for a couple that is only exclusive to the next account type. The features of this account are designed in a way that it accompanies professional traders.
Diamond account: This is the highest level of account options that are offered by Ualgo. The diamond account can be opened with a minimum deposit of $50,000 and goes up to as much as you want. As I have talked about exclusive features in the previous point, the diamond account is also offering free VPS service to its diamond account holders, which is only exclusive to the VIP members of the platform. Along with VPS, there are many other perks of having this account as well, like Webinars, Analyst manager, and much more. If you are looking for the best package offered by Ualgo, then the diamond is the highest option that will allow you to enjoy the most out of this platform.
As you have gone through the points and features offered by Ualgo, now it is in your hands to decide whether or not you should prefer Ualgo over any other platform which is charging more money in the form of fees from you.