This is the best time to start your online trading business if you are thinking to invest your money somewhere. Especially after the lockdown in 2020, due to Covid-19, everyone realized the importance of online businesses and since then, the market is booming. Online trading gives you complete freedom as you are your own boss. You can trade anytime and anywhere unlike other jobs. But you need to face ups and downs with this business too. To avoid experiencing such constant uncertainties, you need a broker that has tools or policies for risk management. Let me introduce you to a reliable broker through this Atlastocks review.
Atlastocks is a brokerage firm that provides you a platform for online trading. It accommodates its clients by giving them the option of multiple assets. Other than that, it has high-class advanced tools and features, which lower the risks and also makes it easy for you to understand this business.
Reasons for You to Sign Up With Atlastocks
Negative Balance Protection
Let me first tell you what negative balance protection actually is. It means that your account will never go below zero. It ensures that you do not lose more money than you already have in your account. In other words, even if you suffer from a huge loss, you do not owe money to the brokerage firm you are associated with. Traders associated with platforms that do not offer this feature sometimes end up losing everything they own. On top of that, their account value ends up in negatives because of their trading activities.
That means, they not only lose money that they had but they also owe it to the firm. This causes them to go under large amounts of debts. Clearly, no one wants to go through this horrible experience. Therefore, you should always check which platform follows this policy before signing up.
Good for you, Atlastocks gives enough importance to its clients to offer negative balance protection. This feature is significant for new traders as they are unfamiliar with the rapid changes that occur in the market. It saves them from going into debt when the conditions are unfavorable. Honestly, this precautionary measure speaks for itself.
I am sure you all are aware of the fact that the internet is not safe. There are multiple cases of identity thefts, scams, and whatnot! Even though everyone uses the internet these days, but that does not mean is all good. Just like the internet, online trading has the same problems. There are always risks associated with it. If we talk about beginners, they belong to the most vulnerable group as they are unaware of scammers. But, if you are using a platform like Atlastocks, you do not need to be concerned. This platform ensures that they provide enough security that you trade comfortably, without taking too much stress. You must be thinking, how does Atlastocks make sure that your information and hard-earned money are secure?
First of all, it is a regulated platform. It means that there are policies that Atlastocks has to follow to keep the scammers away. The first policy is KYC or Know Your Customer policy. According to this, you have to prove your identity to the firm when you are registering with them. You do this by providing them your personal information like national identity, address, or credit card bills. Another reason for verifying the information is to make sure that they know all their customers and no scammer has an association with the platform.
The second policy is AML or Anti Money Laundering policy. This is in place to avoid any illegal activity like money laundering. These policies make sure that Atlastocks is completely safe and sound for their clients. Lastly, with their latest encryption technologies, even experienced hackers do not stand a chance.
Atlastocks knows what the needs of its clients are. The platform keeps an eye on every threat and risk so that it can minimize it for you. My recommendation would be to sign up with them immediately because what they have to offer is rare. Once you register with them, you will never look for another platform for your trades.