Safe Holdings Review
As there are thousands of online brokers offering their services to traders these days, you are perfectly right to wonder why you should prefer one over the other. There have to be some good incentives for people to favor one broker over the rest of the options in the market. After all, not all of them will offer you the same quality of services, or even the same tools and features. Learning to distinguish them can help you find the one that can fulfill your trading needs in the best possible way. This Safe Holdings review can assist you in identifying the distinguishing features of this brokerage.
Established by 123 media Ltd, which is based in St. Vincent and the Grenadines, Safe Holdings is a forex and CFD broker that has climbed up the popularity ladder swiftly. Not many brokers have done so and this will pique your curiosity. You can check out some of its distinguishing features below to know the answer:
Combination of trading instruments
The first distinguishing feature that has helped Safe Holdings in catering to a global audience is the combination of trading instruments available on their platform. You have more than 200 options to choose from and what makes them great is that they belong to some of the leading financial markets in the world. Rather than focusing on just one market, they have added profitable instruments from various markets.
This can be extremely helpful because it allows traders to diversify their portfolio through one trading account. It can make it easy to manage and traders can also minimize their risks, while giving their profits a boost. You can access the best forex currency pairs at Safe Holdings and also dive into the crypto market. Stocks, bonds, indices and commodities are also all options that can be explored via this platform.
The easy onboarding process
Signing up and registering can be an exhaustive task for people because of the requirements some platforms tend to have. This is not something to worry about in the case of Safe Holdings because their onboarding process is easy and quick. You don’t spend days, or even hours registering yourself and there is no waiting involved. It only takes a couple of minutes for you to get it done.
The first thing you need to do is visit the Safe Holdings website and click on the ‘Register’ button you can see on the top right. This leads to a form that asks for basic information, such as your first name, last name, email address, password, country and phone number. You have to agree with their Terms and Conditions, be over the age of 18 and not a US citizen to be registered immediately.
Commitment to customer security
If there is one feature of the broker that has distinguished it from the thousands of brokers that exist in the financial markets, it is the commitment of Safe Holdings to its customers’ security. They have made absolutely no compromises where this aspect is concerned and their cybersecurity framework is quite extensive. They use 2FA (two-factor authentication) for keeping your account safe and cold storage for depositing all your digital assets.
They have gone with SSL (Secure Socket Layer) encryption for protecting all your sensitive data. The security team at Safe Holdings also continues to test the system to ensure there are no loopholes. All deposits are kept in segregated accounts, so there can be no discrepancy or misappropriation of any kind and a risk check is conducted after every order placement and execution.
Lastly, the AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies are also adhered to on the Safe Holdings platform, which mitigates additional risks, such as identity theft, financial fraud and also money laundering.
These features help distinguish Safe Holdings from the other brokers in the market and make it apparent why it is a smart choice for anyone who wants a smooth trading journey.