Thousands of online brokers are operating in the financial markets and while this is a benefit because it means more competition leading to better services, you shouldn’t forget that can also add to the challenge of choosing one. How do you pick one broker from so many? The key is to understand what makes a brokerage different and then figure out if it is worth signing up for. Once you do that, you will be able to find a platform that fits your needs in the best possible way. You should go through this Soloprime review to know what makes this particular broker different, if you are considering it for your trading needs.
There is no doubt that Soloprime has built a good reputation in a short span of time and seems like a comprehensive and well-rounded brokerage at first glimpse. But, you need to know exactly how it is different before making a decision. Let’s get started:
Extensive trading instruments available
The first aspect of Soloprime that allows you to distinguish it from others in the market is the extensive number of trading instruments they offer. You are given the opportunity to trade in some of the world’s biggest and most profitable financial markets from a single platform, which makes it easy for you to manage your portfolio. You will be able to choose from the leading forex currency pairs, cryptocurrencies, indices, stocks as well as commodities. This allows you to balance the risks in your portfolio and make high returns.
A modern trading platform
Another feature that you will immediately notice at Soloprime is that they have developed a robust trading platform for their clients, ensuring that the needs of a modern trader can be fulfilled. They have kept the user-interface friendly and easy to navigate, which means you will be able to use the intuitive platform without worrying about a learning curve. The state-of-the-art technology delivers superior trade execution and you can trade in multiple markets from a single dashboard. Most importantly, the platform is also equipped with top-notch trading tools and features for enhanced and smooth trading.
Flexible and accommodating account types
It becomes apparent that all types of traders can use the Soloprime platform for their trading needs when you check out the flexible and accommodating account types they have added to their offerings. There are a total of five options that can be found and each of these is equipped with features meant to make trading simple for the users. The accounts are Solo Standard, Solo Gold, Solo Diamond, Solo VIP and SoloPrime.
The minimum deposit for these accounts starts at $10,000 and goes as high as $1,000,000 for the last account. Every trader, whether beginner, or expert, will find an account that suits them on Soloprime and allows them to trade comfortably. The leverage, margin loan and other trading conditions vary from account to account. As far as features are concerned, you will find educational resources, daily news, portfolio progress report, wealth manager, account manager, invitation to VIP events, managed portfolio and VIP advisor.
Excellent educational and customer support
One of the best things that traders come across at Soloprime is that they have added both educational and customer support for their clients. They understand that people need to learn about the financial markets, due to which they have added a glossary, webinars, videos, e-books and tutorials that can be immensely useful for everyone, no matter what their skill level.
You will also find an FAQ section on the Soloprime website that provides answers to basic queries and questions that traders may have. Apart from that, you can reach out to their customer support team via email, phone or even schedule a callback at a convenient time. They are available 24/5 and do their best to assist you in any way possible.
It is obvious that Soloprime is a different broker and is more than capable of providing a good trading experience.