Crypto Lloyds Review
When you are trying to form an opinion about a company or a business, what do you consider? You obviously take their offerings into account in order to make a decision and this is the same approach you need to use when you are looking for an online broker. Trading in the financial markets is undoubtedly profitable and there are plenty of opportunities for you to explore. But, you cannot tap into their potential without the services of a quality and reliable brokerage. They are an essential ingredient in your trading dish and can make or break the outcome. But, how can this Crypto Lloyds review help?
Thanks to the popularity of online trading, the number of brokers that are currently operating in the financial markets has increased exponentially. The result is that there are thousands of them that you will find when you initiate a search, enough to leave anyone flummoxed. How will you select one from so many? People become desperate when they realize how difficult this choice is and go ahead with the first option they find. Only, this can lead to disaster if the platform they choose is not right for them.
After all, you cannot expect the same quality from every platform. If they were all created equal, there wouldn’t be a need for so many. There are obviously differences and the only way you can highlight them is by taking a close look at their offerings. If you were to do this individually, it would take years and even then you wouldn’t be done because newer platforms pop up on a regular basis. Thus, the simplest way to go about it is by checking reviews and you have to do this for Crypto Lloyds as well. It is one of the forex and CFD brokerages that have been founded in the last couple of years.
NVCapital introduced Crypto Lloyds for offering professional trading services to global traders and a close look at their offerings is a must to determine how they have fared. Ready to find out? Read on and you will:
|Trading Accounts||Four account options; Junior, Senior, Executive and Presidential|
|Assets Coverage||Forex currency pairs, Stocks, Green Stocks, Cryptocurrencies, Indices and Commodities|
|Trading Tools||Trading Indicators, Trading Calendar, Calculator, Signals, Live Charts, Technical Analysis Tools and Reports, Price Alerts, Market Research, Trading Tips, and Risk Management Tools|
|Education and Training||Yes; e-books, online video courses, webinars, seminars, tutorials, latest market news, guides and in-depth research|
|Customer Support||24/5 support via email address, phone number online contact form and live chat. Different numbers and email available for different languages.|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering)|
|Parent Company||CLS LTD|
Crypto Lloyds’s Security Environment
The security environment of a broker is something you should focus on first because cyberattacks have been surging recently. If the company is lax in this area, you will be left vulnerable and no one wants to be exposed like that. Thus, security should be a priority and you will find that Crypto Lloyds has not made compromises in this area. In fact, a look at their policies shows that they have been quite thorough because their goal is to provide a stress-free environment to their clients and they have succeeded for the most part.
The company keeps its own accounts separate, which means your deposits cannot be used for their obligations. If Crypto Lloyds were to go bankrupt, your funds would be returned to you. Along with these measures, you will also come to know that the brokerage is compliant with the rules of the Know-Your-Customer (KYC) and Anti-Money Laundering (AML) policies. These are known internationally for preventing problems like identity theft, financial fraud and money laundering.
As per these policies, those who sign up with Crypto Lloyds have to provide proof of identity and proof of residence. The former needs a driver’s license, international passport, or a national ID card that shows your name and picture. For the latter, you can provide a utility bill, like gas, water or electricity, or a bank statement that shows your name and address. This will verify your account and allow you to conduct transactions easily.
Crypto Lloyds’s Trading Instruments
If you believe you have a good and secure environment to trade in, it is best for you to check out what you can trade. After all, the instruments you choose at the end of the day will determine your profits, so you have to take a look at the available options. There are more than 250 trading instruments that Crypto Lloyds has put together on its platform and a close look shows that they belong to some of the most profitable and renowned financial markets in the world. It ensures that you can find instruments that are in accordance with your risk appetite.
Most importantly, the availability of so many instruments on one platform save you from the hassle of having to make accounts on multiple platforms. In addition, you will also have enough room to diversify your investment portfolio, which is great for minimizing your risks and losses and giving your returns a solid boost. Some of the markets that you can access at Crypto Lloyds are highlighted below:
Who hasn’t heard of the cryptocurrency market? It is one of the top financial markets today and people are clamoring to trade these digital currencies for the profits they offer. You can access some of the leading cryptocurrencies at Crypto Lloyds that include Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ripple, amongst others.
If you prefer to trade fiat currency pairs, you will find that Crypto Lloyds gives you the opportunity to choose from both major and minor ones that can give you the most returns. EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF and EUR/GBP are some of the options at your disposal.
One of the oldest financial markets that are known for high returns is the stock market and you can trade stock CFDs of some of the most prominent companies in the world. Amazon, eBay, Tesla, Netflix, Coca Cola, PayPal and Aurora are a few choices you will find and even green stocks are available at Crypto Lloyds for those who are conscious of the environment.
If trading baskets of securities is more in line with your risk preferences, you will be able to access some of the most lucrative ones available like S&P 500, DAX 30, CAC 40, FTSE 100 and NASDAQ 100.
One of the best markets for those with a low risk appetite is none other than commodities, as it offers small yet consistent returns. You can choose hard commodities that include precious metals like gold, silver, platinum and palladium, or soft ones that include agricultural products like wheat, sugar, rice and coffee. Energy commodities including crude oil and natural gas can also be found.
Crypto Lloyds’s Registration Procedure
It is also necessary to take a look at the registration procedure of a broker because you don’t want any surprises later on. You want to be able to open an account easily and ensure that you can meet their requirements, if any. Fortunately, you will come to know that Crypto Lloyds aims at offering an optimal trading experience to every trader, no matter what their background. Therefore, they have deliberately kept their registration process quick, simple and easy for all.
There are no complicated procedures to go through, no endless paperwork to deal with and there is no waiting time involved. All you need to do is go to the Crypto Lloyds website and fill out the form that opens up when you click on ‘Register’. The form is a simple one because it just asks for your first and last name, an email address and password, and a country and phone number. As long as you are 18 and agree with their Terms and Conditions that are mentioned in detail on their website, you will be registered right away and have no problems.
Crypto Lloyds’s Trading Platform
One feature that will have the biggest impact on your decision to sign up or not is the trading platform that the broker will offer to you. This can affect your experience and your profits, so you cannot just settle for any platform. Keeping this in mind, a modern and award-winning trading platform has been developed by Crypto Lloyds for its clients. One of the best things about the platform is its highly intuitive and user-friendly interface that makes it easy to use for everyone.
It doesn’t take you more than five minutes to get the hang of the Crypto Lloyds trading platform and start trading. The fact that it is web-based only works in its favor because it means that you don’t have to go through the hassle of downloading or installing it anywhere. You can access it the same way as you do any other website i.e. through the browser. This gives you flexibility because you can use it on any device and this means trade on the go. It helps you stay connected to your trading account at all times and never miss out on any opportunities.
As far as its functionality is concerned, innovative and advanced technology has been used by Crypto Lloyds and this ensures lightning fast trade execution. You can tap into the smallest market movements and see results in real time. Profitable and informed decisions can also be made because they have also integrated some of the most powerful trading tools in the market. You will find market reports and trading signals provided and notifications and price alerts can also be set up. There is a trading calendar available as well, which keeps you updated.
Other than that, you can customize the Crypto Lloyds trading platform for using fundamental and technical analysis tools. There are a number of charts and graphs that help you analyze data. The latest market news is also provided and risk management tools like various order types can also be used. Plus, the educational resources that are available on the website can also give a great deal of insight to traders.
Crypto Lloyds’s Customer Support
Last, but certainly not the least, one of the most important avenues that you need to take a close look at is customer support. A broker that doesn’t value its clients is not worth signing up with, but it is not a complaint you will have with Crypto Lloyds because they are dedicated to their customers. This is apparent when you open the ‘Contact Us’ page on their website and find that they have added a number of channels that you can use for reaching out to their team.
Since they are offering their services to traders all over the world, multilingual customer support has been added by Crypto Lloyds to facilitate its clients. This makes it easy for you to seek help in a language you are comfortable with. They have provided individual email addresses and phone numbers for getting assistance in English, Italian, Spanish and German. They also have an online contact form on their website that you can fill with details of your query and schedule a callback from their team at a convenient time. Their customer support staff is available 24/5, so you can expect a prompt response from them.
What is the Verdict?
After you have given such a close look to some of the most important offerings of Crypto Lloyds, it is not tough to conclude that they know what they are doing and have put together a professional and reliable trading solution for every trader.