One of the most important decisions in your online trading journey is the broker you decide to partner with. They are responsible for offering you the instruments, software as well as the tools for trading, so it is not something to be taken lightly. You need to do your homework to find the platform that can fit your needs, which means assessing their services carefully. This means not relying on anyone else’s opinion, or choosing a brokerage at random. An assessment can save you from making a blunder that can result in losses and this Priority Markets review can be handy in this situation.
Amongst the hundreds of brokerages offering their services, you will also discover Priority Markets that has its headquarters in Saint Vincent and the Grenadines and can offer you forex and CFD trading opportunities. Kamuflaz Limited established this platform and it will pique your curiosity with its offerings. But, can it really offer you quality services? Let’s assess its services:
The available trading instruments
Begin with the trading instruments that Priority Markets has to offer because this will tell you if it can help you reach your trading milestones. You will be pleased to discover that they offer you a plethora of instruments to choose from. The best part is that they do not belong to the same market, which means that you can trade in various markets and choose the leading instruments from each.
They have given major and minor forex currency pairs, soft and hard commodities, lucrative indices and stocks as well as profitable commodities. With these trading instruments available, opening a trading account with Priority Markets can be a sound decision because you can trade as per your risk appetite and enjoy high returns.
The requirements for signing up
Are there any requirements for signing up with Priority Markets? There are some platforms that do have prerequisites, which can be quite frustrating. Luckily, this is not one of these brokers because they do not have any such requirements. The process itself is very simple and quick and does not take you days, or even hours to complete. You can be done in a few minutes, which makes it convenient as well. As long as you do not live in the US, don’t have a problem with their Terms and Conditions and are 18 or above, you can sign up easily.
The account options you have
It is also important to assess the account options that Priority Markets has offered because you want to find one that is according to your budget, trading style and experience. They have come up with six account options that are meant to facilitate traders from all walks of life. For instance, if you are a newbie, you can go with the Basic account, while professional traders will find the Millionaire Club appropriate.
Other account options that Priority Markets has added include Silver, Gold, Platinum and Diamond. The minimum deposit requirements for these accounts are EUR 500 for Basic, EUR 10,000 for Silver, EUR 100,000 for Gold, EUR 250,000 for Platinum, EUR 500,000 for Diamond and EUR 1,000,000 for Millionaire Club. Unique account features are also available, such as account manager, automated trading, exclusive updates, savings account, insurance level, money management, group analyst and group trading.
The customer support you get
Another crucial service of Priority Markets that needs to be assessed is their customer support because you do not want to be abandoned in times of trouble. The broker has done a great job in this regard because they have created an FAQ section on their website that answers common questions. They also have a dedicated staff available 24/5 to answer your questions and resolve any problems you might have during the trading process via email and phone.
The Verdict
The assessment of the primary services of Priority Markets makes it apparent that the broker is a dependable and good one for everyone.