It is certainly possible for an online broker to have millions of traders on its platform.
It is a given that more traders will join their platform if they are providing better services than the rest.
The primary reason why traders take an interest in a broker is because of how well it is able to fulfill their needs. There are some online brokers that prefer to cater to new traders because they believe it is a fresh pool they can tap into while others prefer to deal only with experienced ones because they can make good commissions from their trading volume.
However, the best brokers are the ones that are able to meet the requirements of all kinds of traders and do it exceptionally well.
This is where StsRoyal comes in.
It has become one of the leading brokers in the market in terms of how much it is appreciated by its users. The major reason that has helped it achieve popularity in the last nine years is a comprehensive yet powerful suite of features and services that can suit new, advanced as well as expert traders.
Overview of the Company
At its very core, StsRoyal works like most of the other legitimate brokers in the market, which means that it provides CFD trading.
Rather than trading the actual assets with the broker, you will buy contracts for the assets and trade them. These are traded just like the asset, but the good thing is that they are a lot more beneficial and exciting.
This is because CFDs can offer a lot more variety than standard trading options. Since it is an online broker, StsRoyal provides its traders with a platform from where they can keep track of the market and execute trades when they wish.
Apart from providing a platform, it is also a broker’s responsibility to ensure that they have integrated all essential trading tools that can come in handy during the trading process.
Obviously, every trader wishes to make profits and avoid losses at all costs. In order to make smarter decisions that can help you to minimize the risk, you need to have a number of tools like price charts, trading signals and plenty of other tools.
Understanding the role these tools play in trading, StsRoyal brings all these tools together in its online trading platform so you can make the most of them and rake in the profits.
Fairness, Transparency, and Security
These are some of the important issues that you need to be concerned about when you are signing up with an online broker. In order to ensure the broker is doing its job legally, you want them to be transparent in all of their financial policies and dealings.
Moreover, you also expect fairness because you don’t want to broker to exploit you or take advantage of you in any way. Lastly, it is understood that when you sign up with a broker, you will have to trust them with your personal information as well as your money.
Therefore, you want them to provide important security features to make it happen. If a broker satisfies you in all three regards, it is a good choice.
You will have absolutely no complaints about StsRoyal in any of these areas because its aim is to provide its clientele with peace of mind when they are trading.
Consequently, it has paid attention to each of these aspects. Beginning with transparency, StsRoyal has made it clear that its platform cannot be utilized for any form of money laundering. There are certain policies, such as AML (Anti-Money Laundering), which has been specifically introduced for ensuring no illegal activities are conducted on the broker’s platform.
Moreover, the broker has also implemented the KYC (Know Your Customer) policy under which it obtains substantial information from traders for ensuring that only legitimate entities and individuals are using its platform and signing up with their real names.
It is also a way to prevent identity theft.
The problem is how can you trust a broker’s word? It is quite obvious that every broker will claim to be the best, so how do you tell if StsRoyal is really what it claims to be? This is where registration and regulation come in.
The most reliable online broker is one that boasts proper licensing, registration and regulation. This is exactly what you will find when you check out StsRoyal because the broker is fully licensed for providing its financial services and it also ensures transparency by being regulated by renowned third party organizations.
This automatically takes away the risk and assures you that the broker is legitimate and not a scam. Moving on, you also need to check how the broker is keeping your personal information safe and protecting the funds you have deposited with them.
You don’t want either to fall into the wrong hands because this could lead to consequences for you.
StsRoyal uses the highest standard of encryption for keeping all information hidden from prying eyes and maintains segregated accounts so your funds cannot be mixed up or used for any other purpose.
Trading Conditions of the Platform
It would be foolish for any trader to sign up with an online broker without learning about what trading conditions are available. You shouldn’t deposit any money with the broker before you have ascertained their trading conditions are favorable. What do favorable conditions mean? They mean that you should be getting a lot of benefits by signing up with the broker. For instance, you should have leverage available that you can use for making bigger trades. It is not necessary for leverage to be only used by experienced and professional traders. New traders can benefit from it significantly because they already have limited capital and so they want to make big trades.
StsRoyal provides them with the opportunity of doing so as you will find significant leverage offered to both beginners and expert traders alike. Nonetheless, you should understand that the leverage you will get depends on the account you sign up for. Every broker offers several account options and StsRoyal is the same in this regard. The leverage applied to each account varies and may also vary for every asset. This is due to the fact that some assets are more volatile than others and so they don’t need to have a lot of leverage.
After you have taken a look at the leverages, you need to check the spreads as well. This is the difference in the value of the asset when you buy and then sell it. The price you receive for selling it is lower than what you paid to buy it. Spread is the difference between the two and it is how brokers make money. StsRoyal provides you with some competitive and tight spreads on every asset, which can keep your trading costs down and allow you to maximize your returns. Luckily, the broker has chosen not to charge commissions, which is a plus because commissions can really eat into your earnings and not leave you with much at the end of the day.
The type of assets you can trade with a broker is also something you shouldn’t forget. Some online brokers specialize in forex while some only offer options to trade in the stock market. As mentioned earlier, CFD trading opens up a lot of opportunities for you.
StsRoyal gives you the option of choosing an asset to invest in from various financial markets. You can also choose to trade multiple assets, such as commodities, currencies, stocks, indices and cryptocurrencies. Under these categories, you can find a horde of options, which include both stable and volatile ones.
One of the most notable thing about StsRoyal’s asset index is that they have added cryptocurrencies to the mix.
Even though the first cryptocurrency, Bitcoin, was introduced in 2009, this is considered an emerging market. Many brokers have still not added them to their asset index due to their volatility and lack of regulation.
However, StsRoyal doesn’t want to keep its traders waiting and wants to provide them with good opportunities right away and so it has incorporated some good crypto options to its asset index.
Trading Platform and How It Looks Like
Online brokers need to make it a priority to provide their traders with the best possible experience and this can be done if they have a good trading platform.
What exactly is a trading platform?
It is a tool that enables traders to execute their trades in real-time and in actual markets. But, a trading platform is not that simple. There are a lot of other things involved.
For instance, a trading platform has to have a number of tools that can be used by traders for keeping their risks at a minimum because they can be used for making well-informed decisions.
StsRoyal is aware of exactly what its traders need and this is reflected in the trading platform they have to offer. It is a well-rounded and innovative trading platform that not only assists traders in executing their transactions, but also comes integrated with the top tools.
In this way, they are able to get useful information and make better decisions that work in their favor. StsRoyal has provided their proprietary trading platform as a web-based option, which works on any device that comes with a browser.
This is quite convenient because it gives you a great deal of flexibility and prevents at performance issues and lags.
For greater freedom, you can find the mobile platform as well, which works on both iOS and Android platforms. It also comes with the vital tools and does it job well without making any compromises in any features or offerings.
As mentioned before, brokers require you to provide some personal information when you sign up with them because you need to open an account. Every broker offers you different account types and StsRoyal has done the same.
These accounts are different in the way that they boast unique features and are meant for traders from varying backgrounds. For instance, newbies don’t need to have a lot of leverage and neither do they need to use advanced strategies and features. Likewise, the deposit requirements also vary because not everyone has the same budget.
When you decide to open an account with StsRoyal, you will have a total of 4 account options to choose from.
Deposits in the account can be made in one of two currencies, such as EUR or GBP.
The first account is known as the Silver account, which is the most basic one that StsRoyal offers. It comes with a senior account consultant, market recommendations and reviews, customer support, 10% margin loan and access to online courses.
The second account option is called Gold, which is for traders with a little bit of experience. The margin loan increases to 35% and free webinars become accessible in this account.
The Platinum account comes next and is a better fit for advanced traders because now an expert account consultant is provided, limited video library is available, leverages are higher, margin loan increases to 50% and risk-free trades can be made.
The last option is the Diamond account and this is for professional traders because it comes with a personal VIP consultant, a personal trading coach, VIP events, exclusive trading signals, lowest exchange rates and 100% margin loan.
Education and Training
The trading market is different from the rest because it is constantly changing and evolving. Thus, having access to excellent education and training is a good thing for not just beginners, but also expert traders in order to help them keep up.
StsRoyal provides a complete center where resources are available in different formats for the convenience of traders. They can choose between webinars, e-books and video courses and stay up to date about any changes and the latest trends and strategies.
StsRoyal doesn’t seem to be lacking in any aspect and is constantly working on its offerings to ensure that its clients don’t have any cause for complaint, making it a legitimate broker to trade with.