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If you are planning to take the first step into FOREX investing, the large number of brokerage firm options might have left you feeling overwhelmed and confused. Since picking the right broker is the key to a pristine FOREX trading experience, this is a decision that you should not take lightly. This review article will cover one of the leading FOREX brokers in the country, Vexxsel, and the reasons that make it one of the best in the business.
What Makes Vexxsel a Top FOREX Broker?
Multiple Account Types:
Vexxsel welcomes FOREX traders of all types and levels, and has different account types to cater to all of these traders. The account types differ in terms of the minimum lots and minimum deposit requirements.
Those who are new to FOREX trading and wish to start small can opt for accounts with lower minimum requirements, while seasoned players who want to go big from the get go can go for Vexxsel’s VIP account with the largest minimum deposit and lots requirements.
Wide Range of Currency Pairs:
Alongside the popular GBP/USD, EUR/USD, USD/CHF, and USD/JPY pairs, Vexxsel offers a lot of other, less common currency pairs. This means that you are extremely likely to find your preferred pairs. We recommend visiting the Vexxsel website to view the complete list of the trading pairs offered and make sure that the list includes those pairs that you would like to invest in.
Sophisticated yet Intuitive Trading Platform:
The trading platform is what connects a broker to the FOREX market, which is why Vexxsel has made sure that its platform contains all the fundamental and technical analysis tools that its clients might require.
A particularly important consideration when it comes to trading platforms is the ease with which you can enter or exit a trade. The Vexxsel platform has clear ‘sell’ and ‘buy’ buttons, alongside a ‘panic’ button that will instantly close every one of your open positions.
Other key platform features/benefits include:
- Different types of order entry
- Multiple customization options
- Automated trading features
- Back-testing features
- Strategy builder
- Trading alerts
If you want to get a hang of how the platform works, you can sign up for a free demo account to execute dummy trades without having to put your actual money at stake.
Excellent Customer Service:
The FOREX market never sleeps, which is why it is important that your FOREX broker’s customer service representatives are available to you at all times.
This is another key advantage that you get with Vexxsel, and you can try their customer service out for yourself by contacting them across multiple communication channels.
Vexxsel trains all of its customer service representatives to respond in a swift, friendly, and precise manner to all customer queries, complaints, and feedbacks. In case of any technical problems, you can use the Vexxsel live chat feature and receive instant assistance.
Easy Withdrawals and Deposits:
Withdrawal and deposit of money is an integral part of the FOREX trading process, which is why Vexxsel allows its clients to perform this action in multiple ways. For instance, alongside credit and debit cards, Vexxsel accepts PayPal, and even bank wire transfers.
Other than that, every method is associated with a negligible service charge, depending upon the amount that you are withdrawing or depositing.
New FOREX traders making their first deposit on Vexxsel shall receive a healthy trading bonus from the company. This bonus will be a percentage of the initial deposit amount, and will be immediately transferred to the recipient’s account so that they can use it for their trading activities. This bonus can also be withdrawn once you reach a specific trading volume. This bonus is the reason that Vexxsel encourages all its FOREX clients to make the largest possible initial deposit (the larger the initial deposit, the larger the bonus amount will be).
To sum up, FOREX is one of the most sought-after trading instruments throughout the world. Since there is no shortage of FOREX trading brokers, it is important that you do your research and join hands with a reliable brokerage firm like Vexxsel. To learn more about Vexxsel or open a FOREX trading account, please feel free to check its website out.