Since the age of 12, I knew I had to become a trader. I grew up in an environment where I saw traders talking of all the complex trading terminologies and procedures. So I must say, trading didn’t appear that hard back then. But when I formally joined the profession, I was shocked to see how difficult survival had become. You could be at the winning end one moment and the next moment you might have nothing. Such uncertainty in the profession has kept many people away but a whole lot of them look at the potential benefits and get going.
With the change in needs and wants of the customers, we have seen trading take different shapes. We now have tools that have made the process considerably easier for the ones who do it the right way. If you are someone who has been in touch with trading directly or indirectly, you must have an idea of how cake forex firms are killing the dreams of many traders every day.
They are well aware of the weak points of newbies and there’s nothing to stop them from exploiting the young traders out of these. I have seen many traders crying and whining about losing hard-earned money. I’ll say that the forex firms are the culprits but somehow some of the responsibility for the loss lies on the shoulders of the traders also. If they research fully and probe into all important matters, it is nearly impossible that they fall into the hands of imposters.
I don’t wish to turn this review into a sermon, in fact, all I want is that you all relate to me and then we can proceed together. We want to tell you all that I did not come to this profession and land straight on the chair of success. I had to suffer a lot and this tells me that struggle makes you demotivated but it leaves you stronger and better.
Although I was well aware of how they worked, even then I failed miserably to spot them. Well, I had the misfortune of being a customer of 3 forex firms and each one of them was more disappointing than the other. Four and a half years of my career went away juggling between these scammers until one day a very dear friend of mine told me about TopMarketCap.
I was astonished to see someone so satisfied by their broker because by then I had a firm belief that all forex firms are fraud. We weren’t ready to look into TopMarketCap but he forced me saying it was worth the try. I went back home and opened the website. I went straight to the legal section because I was not ready to make a compromise on security now. We told me, I’d proceed only if I was sure about the firm being determined to keep my money safe.
It took me around 3-4 weeks to investigate properly and only then I was ready to invest. Once someone told me that no matter how reliable a platform is, ways start with a small trial account to get an idea regarding how the platform works. I think this worked for me. We first got the most basic account and got it upgraded later on. I’ll discuss my entire TopMarketCap journey with you as we go on in their review.
We’ll try to touch on the important pros and cons so you all know what a customer thinks about the broker and if it is capable of fulfilling your needs. I’ll discuss the pros and cons separately for a clear distinction between the two.
The first thing that I want to discuss is how the company lets you explore multiple trading segments. They offer their customers more than 200 tradable assets to trade with so you keep adding to your portfolio and never miss a chance. Keeping in mind the fact that trading is so much of a complex field, you should always invest in more than one area. I have seen many traders return home with zero because the one area that they excelled in met a mishap and they lost everything.
Keeping this in mind I invested in stocks and Crypto. My stock deal was not that bad but the one I made in Bitcoin went great. I think Bitcoin is something you all need to invest in because of its promising nature. As for the risk and uncertainty, name a single branch of trade where you’ll not see uncertainty strolling here and there. A friend of mine bought stocks of a renowned electric car-making company and he has made so much more than he expected. I have not been as successful in the area but I want to invest more because I know how profitable it can be.
Next, let’s see what exactly made me make the first move in stocks and Crypto. These two are areas that terrified me always but thanks to my dedicated financial managers I was able to overcome the fear. Here at the forum, you’ll get financial managers that are highly professional and skilled. You can always turn to them and seek guidance when confused or in trouble.
Helpful in Crypto
we have always found them very helpful and their opinions and suggestions very useful. I love how they always say that their suggestions are only to help out traders and they don’t wish to influence us in any way. We remember I told my manager how I don’t think I’d ever try my luck in Crypto but he kept convincing me till I finally found my way into Crypto.
Let’s see how the platform has segregated the features into accounts to ensure you get exactly what you need. This makes sure that the young traders don’t pay for complex features which are brought out solely for the experienced ones with larger businesses. There are a total of 6 accounts but you can only go for 5 of them by depositing money. The Libra account is invite-only.
The basic account was what I went for initially and requires a deposit of €250. This has the least amount of features but with the account grows the complexity and efficiency of features. I am a Platinum account user but I didn’t know about upgrading straight from basic to platinum because I wanted to sell it slowly to avoid any scams. But I’m grateful things went the right way. I am satisfied with what the Platinum account offers me. My favorite part is the sessions that I get to have with my private analyst. I feel like they help me out a lot and I wish the young traders could also get access to these.
I would particularly like to mention the stocks bar on the webpage which keeps moving as it updates us. The bar contains rates of all the major stocks, arrows give you an idea quickly what the stick prices are headed to and the green and red color help you quickly decide if you need to go for the stock or not. I think this is a great feature because it helps me make the right decisions all the time. You can click or touch any stock and see more about it.
Although the website is great in totality, I think one major point is seeking attention for some time. It is that the website is available only in one language which is English. English is understandable to most of the customers but not all of them. So the company should consider adding in more options to ensure that all traders can equally benefit from the platform. The button to switch language should be in the front so no one has to struggle to find it.
Next, I would like to tell you that customer support is beyond great at the platform. The individuals are very helpful and responsive. I can see how they have been trained properly before they get to handle the problems. Problems faced by a large number of clients all around the globe. But one thing which has brought it here is that the representatives cannot be accessed 24/7. And you have to wait for weekdays or operational hours. Also, the calling option isn’t available for all the users.
Customers from some of the places can make use of the calling option; the rest have to either drop an email, fill a form, or Live chat. I have been live chatting all the time because it helps me get to solutions fast. My overall experience has been great. But I had to wait for representatives a couple of times because of the high traffic.
The platform has been something that got me my motivation back to continue chasing my dreams. I must say TopMarketCap has been a great broker with minor flaws that will be solved hopefully. I wish and hope you find your right broker soon and enjoy the forex ride.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.