One of the most important questions that you come across before you sign up with an online broker is whether it is going to be suitable for you or not. It is true that some online brokers are focused one experienced traders while others rely more on new and beginning traders. How do you know the platform you are about to choose for your trades is right for you? I can help you with that through my Waterman Bates review.
How can I solve this problem for you? Well, I will tell you about a platform that I think caters to your needs as a new and experienced trader both. It does not discriminate between the two and its features are designed for every trader. Let me explain how.
Make a Choice from Many Accounts
Right from the start, you can notice that this platform is for everyone. Look at the trading accounts it offers. If it catered to only one group of traders, it would not offer you this many options on its list of trading accounts. These accounts are designed to give you exactly what you are looking for. If you are a basic trader with basic needs, you can sign up with a basic account. If you have been trading for years and want an advanced trading account with advanced features, you can go with an account for professional traders. There is something for everyone in this list of accounts.
The best part is that you spend only as much as you need to. So, the basic trading account offers you basic features, but at a much lower cost than you would spend on an advanced account. The lower signup deposit completely justifies the basic features that you get with the account.
Many Withdrawal and Deposit Options
The withdrawal and deposit options are many for traders who sign up on this platform. Whether you are someone who works more with credit cards or a trader who prefers to trade using a debit card, you will be catered to on this platform. You can deposit funds using your credit or debit card and the funds you transfer will appear instantly in your trading account. The bank wire transfer option is also there. It is considered among the slow yet very safe options for people to transfer funds from their bank. Last but not least, you can go with wallet options that include not only regular internet wallets but crypto wallets as well.
Yes, you can transfer funds from your crypto wallet to your online trading account within a second. Most traders love the fact that Waterman Bates does not charge them any commission for these transfers. You do have to keep in mind that there might be service charges involved and implemented by your bank. However, Waterman Bates does not charge you for these transactions at all, contributing to making your life easier as a trader.
Funds and Info Security
I also have to tell you that safety and security are the things that every trader cares about. Whether you are trading for the first time or 100th time, you need security on the platform. Waterman Bates adheres to KYC and AML policies to ensure your interests are protected. Furthermore, your money gets transferred to segregated accounts when you deposit them in your online trading account. These funds are stored in regulated banks and can be accessed anytime you want through your trading platform. Last but not least, the information gets encrypted and stored on servers where no authorized person can gain access to your private data.
I always tell traders that they should look for a platform that not only helps them get started but also provides them with the perfect path to walk on when they are growing as a trader. I think Waterman Bates meets that requirement really well but I also believe that you will know more about the broker once you sign up with it or visit its website at least.