Whenever it comes to making money online, there is understandably quite a bit of apprehension. This is no surprise consideringthe wealth of scammers looking to make a quick dollar off unsuspecting victims. The financial sector in particular is one full of scammers. Sites are bountiful that look to steal your credit card number, bank information and tings of that nature. Luckily, while there are a ton of fake sites with malicious goals in mind, there is a wealth of perfectly legit sites as well. However, before handing over your bank account information and making a deposit, you’re probably wondering which sites are legit and which are not.
Big name sites in the trading sector include properties like Scottrade and Etrade – but they are not the only legit sites out there by a long shot. Netotrade is a perfect example of another pefectly legitmate website that allows customers to trade a variety of things. Such items available for trade include FOREX, commodoties and stocks. However, while Netotrade has been proven to be legitamite service, questions still arise over whether or not it is a scam.
The Netotrade Scam?
In short, no, Netotrade is very far from a scam. In fact, some people go as far as saying that Netotrade is a better alternative to the aforementioned heavy hitters like Etrade and Scottrade. Such folk usually point towards Netotrade’s live customer support, plentiful leveraging opportunities and things of that nature. Not only are all of these things provided from Netotrade, but they even offer full training materials for those who are new to trading in the foreign exchange markets. This isn’t something entirely new as many other online trading firms offer similar services, but it’s definitely something new traders will want to check out if Netotrade si their company of choice.
What Does Netotrade Offer?
While a few of Netotrade’s harder hitting features were mentioned above, there is still much more to be discovered about the service. As previously mentioned, the London-based firm is great for both new and experienced traders. New traders will be able to benefit from the copious amounts of learning materials provided by the firm to get them up to speed in the world of trading. On the flip side, experienced traders will be able to benefit from Netotrade’s extremely fast execution times. Not only that, but the company prides itself on being completely compatible with the highly used industry standard MetaTrader real-time trading platform. If you’re not aware of what MetaTrader is, it’s essentially desktop software that will have you trading like the big wigs on Wall Street. Of course, the learning curve is quite high so if you’re not sure what you’re getting into, MetaTrade is definitely something you’re going to want to hold off on – at least in the beginning.
All in all, from the plentiful amount of online reviews regarding Netotrade as one of the online investment firms to keep an eye out for, it’s safe to say that this service is not a scam. However, while Netotrade scam is not a thing, trading in the foreign currency exchanges can be a tricky endeavor. Before making any type of investment, it’s wise to both speak with a financial advisor and do your homework. It’s very easy to lose 100% of your investment if you don’t know what you’re doing.