The most important step for any trader is to find a broker they can trust and use in the long run. Changing brokers regularly doesn’t just take up time and effort, it can also cost traders money because they miss out on important opportunities and have to deposit and withdraw funds over and over again, incurring charges. The best way to avoid this hassle is to choose a good broker in the first try so you can start your trading journey right away and have a smooth and profitable experience along the way. The problem is that it is easier said than done.
Due to the vast array of choices at your disposal, it can be difficult to select one broker. Some people go with old names because of their experience in the industry, while others may want to try out new ones as they might be more advanced and modern. The simple fact is that not every broker will suit a trader. You have to consider your own needs and expectations in order to make the right choice. One of the names you will come across is Global Markets Association. Read on to know more.
Trading Platform
In order to support trades, Global Markets Association has to provide trading platforms to its customers and you will certainly find them. The primary ones that you will come across are MetaTrader 4 (MT4) and WebTrader. Developed by MetaQuotes, MetaTrader 4 was launched in 2005 and since then, this trading platform has become a popular choice of most of the forex brokers in the industry. As a matter of fact, it is regarded as one of the most user-friendly trading platforms that can be found. Not only can you use it easily, but it also provides a wide array of tools that you can use during trading for better results, such as chart types and trading indicators.
Trading Instruments/Types
There is a diverse range of assets and instruments available at Global Markets Association when you sign up with them. You have the option of dealing in spot forex and CFDs (Contract for Difference). You will be able to trade around 50 currency pairs, several commodities and market indices and many different international stocks. It is up to you to decide which assets to include in your trading portfolio.
Account Sign up
The sign up process at Global Markets Association is incredibly simple and you will have absolutely no problem in getting started. You just have to fill out the registration form that’s provided to you. It is essential to provide only authentic information to ensure you don’t have any problems in the future. Also, the broker implements the KYC (Know Your Customer) policy under which you have to provide proof of identity by submitting a scanned copy of a government-issued ID card and proof of address, which can be in the form of a bank statement or utility bill. You need to create a trading account, deposit an initial amount of $100 and you will be good to go. Learn more in this Global Markets Association review.
Deposit and Withdrawal Options
When it comes to deposits and withdrawals, Global Markets Association provides you with a wide variety of payment methods to choose from. The platform allows you to use both debit and credit cards, including Visa and MasterCard. Furthermore, the broker also supports e-payment options, such as Neteller, Skrill, China Union Pay, PayPal, Fasapay and WebMoney. Global Markets Association also allows you to use the traditional option for making your deposits and withdrawals i.e. bank wire transfers.
Withdrawal of Profits
There is an Anti-Money Laundering (AML) requirement that has to be met when you use Global Markets Association. Therefore, the broker will only transfer your proceeds to trading in an account that carries the same name as that of the trading account. Before you submit the withdrawal request, it is a good idea to provide a copy of the credit card or bank statement where the funds are to be sent as this will make the withdrawal process smoother. Only you can submit a withdrawal request and the brokerage itself or any third party cannot do so.
Customer Support
Global Markets Association provides 24/5 customer support to its clients and their customer support team is known to be efficient and responsive. You can get in touch with their team through several channels including email, phone and live chat, as per your preference. The aim of the support team is to resolve your queries within a period of 24 hours. You can also use the contact form provided on the website to get in touch with their team. You can get support in multiple languages, including English, Russian and German.
Conclusion
To sum it up, you can confidently trade via Global Markets Association as the broker enjoys a high profile in the market nowadays. It has developed a respectable reputation in the last two years alone and it is all through their effort and hard work. They are client-oriented and can provide you with all the tools you need for trading.
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