When you begin your search for a brokerage, you will find that the market is teeming with companies and each of them touts their services as the most professional and ideal. You cannot just take them at their word because no platform would ever highlight its own flaws. But, how do you pick one from the seemingly countless choices? This is where you need to focus on what makes a brokerage different because this can help you see why it deserves attention. You can use this IBC Exchange review to know what makes this brokerage different from the rest.
This is a forex and CFD brokerage operating from London, United Kingdom. Like the other platforms in the market, you will find that IBC Exchange also promises a seamless trading experience, but you need to know what makes it different enough to be selected as your trading platform. You can find some of its unique features below:
Easy portfolio diversification
Anyone who decides to enter the world of trading is aware of the concept of portfolio diversification. It is touted as the best strategy for minimizing your risks and boosting your profits, but diversifying your portfolio can be challenging. Trading in different markets simultaneously on different platforms can get really tough and people may miss out on many important movements. This is not a problem you have to worry about with IBC Exchange because they allow you to implement portfolio diversification easily. How?
This is because you can gain access to various financial markets on the IBC Exchange platform and they have added the top trading instruments from each. You will be able to choose instruments from the forex market, such as EUR/USD, GBP/USD and USD/CAD, the stock market like Apple, Amazon and Tesla, indices like S&P 500 and FTSE 100 and cryptocurrencies like Bitcoin, Ethereum and Litecoin. Commodities, such as precious metals like gold and silver, others like oil can also can be found.
Quick on boarding process
Another aspect of IBC Exchange that makes it different from the others in the market is its quick onboarding process. Many of the popular platforms have complex registration requirements and steps that are time consuming. Some brokers have approval procedures as well. Many people become frustrated with the endless paperwork and waiting times involved. But, you do not need to worry about any of these when you check out IBC Exchange because their onboarding process is simple.
They do not have any approvals and the only paperwork is to fill out a form that you can find on their website. The form itself takes just a couple of minutes because you have to provide your name, email address, phone number, country of residence and time zone. The IBC Exchange also requires you to agree with their Terms and Conditions, be at least 18 years old, not a US citizen and share authentic information. As long as you do that, you will have no problems in registering with them.
Adherence to KYC and AML policies
You will also find that in order to reassure their clients about the safety of their data and funds, IBC Exchange has chosen to adhere to international security policies, such as AML and KYC. These are known as Anti-Money Laundering (AML) and Know-Your-Customer (KYC) policies that require traders to provide documents as proof of identity and proof of address. The former needs a national ID card, international passport, or a driver’s license and the latter requires a bank statement, or a utility bill, such as water, gas or electricity. This verifies your account and reduces the possibility of money laundering, financial fraud and identity theft as well.
Along with these offerings, you will also find prompt and friendly customer support, access to educational resources, an innovative trading platform and a variety of account options. They have helped IBC Exchange in standing out in the crowd of brokers and offer seamless trading services.