There is nothing more important to a trader than an online review that guides him/her in the right direction. And there is no review more important and valuable than the one written by someone who has experienced the services of online brokers. Today, you have landed on this page because you want to learn more about online cryptocurrency brokers. My focus, in this review, will be on Neuer Capital, a broker that I signed up with and never looked back. Yes, it will be a review from me so you can learn about this broker more from my firsthand experience with it.
I am a cryptocurrency trader just like you. There was a time in my life when I was clueless as to which broker I should have signed up with. I did not know where to start and had no clue what cryptocurrency trading was all about. However, I had heard about Bitcoin and Ethereum, and the people around told me that these currencies were going to be the future of currencies in the world. The more I knew about cryptocurrencies, the more I liked the idea of trading them. However, what made my trading experience great were the services I received from Neuer Capital. Here is my review of this broker to help you with your trading decision.
Is Neuer Capital a Scam?
I too was worried about a Neuer Capital scam before I signed up with them. After doing my own research I decided to give it a try and the following is my conclusion:
Why Crypto Traders Should Pick Neuer Capital
· Great Customer Support
Other reviewers might talk about this particular feature at the end of their reviews, but I always give it the highest importance. Is there anything in the world more important than customer support? How much do you like it when you are looking to get help from the company you have signed up with but you can’t get any help? Of course, you hate that experience. However, people are still oblivious to the importance of this particular factor. Here, let me tell you that you should not sign up with an online broker unless you are sure about the broker’s customer support.
In the case of Neuer Capital, there are many things that I admire about this broker. First of all, I signed up with the most basic account from the broker because I wanted to test the waters before putting my money on the line. Now, you wouldn’t expect something great in terms of customer support when you are the lowest paying customer of a company. However, things were the exact opposite when I signed p with Neuer Capital. The professionals from the broker were not only very helpful, but also quite responsive. I sent them an email and a reply was there in my inbox before 24 hours.
What I liked more about this customer support is how professionally they handled the matter. My first concern was about the information that I had to provide to them before signing up. I asked a lot of questions that not only started with “how” but “why” as well. They were very supportive in their answers and polite in their tone. The broker is providing with customer support 24/6. Yes, you are not getting customer support seven days a week, but you are getting it 24 hours for the rest of the six days. In other words, you can send a message at any time during these six days.
If you really want to experience the professionalism of the customer support from the broker, you can call the number on the website. They are very quick in answering the phone and talk professionally no matter how many questions you have.
· A Trading Platform You’d Admire
I personally loved the trading platform I got from the broker. I don’t think there is anything more important than the trading platform in defining the experience you will have with a broker. I have had the experience of signing up with a broker whose trading platform belonged to the previous decade. There is no doubt the trading platform had some great options, but they were suited to how the trading looked like 10 years ago. In addition to that, the platform was not easy to understand. I had to spend a full day to understand the platform. And during this time, I wasn’t able to trade at all.
On the other hand, the trading platform that I got from Neuer Capital was completely opposite. I was not expecting much from the broker’s trading platform based on my previous experience, but the trading platform from Neuer Capital changed my views. It is one of the easiest trading platforms that I have ever used with all the features that I need and some more. Yes, there are certain features that you will know the value of after trading for some time. Everything I need as a trader is there on the trading platform, from the advanced charting tools to trading signals and indicators that help me with my trades.
I have never been a brand loyal when it comes to smartphones. It was not a surprise for me that I had to change my phone while I was already signed up with this broker. I went from iPhone to a new Samsung phone. I only realized after buying the phone that the trading platform could have issues in running on an Android device. I was scared, but instantly relieved when I found out that the trading platform was just as smooth on my Android phone as it was on my iPhone. So, you are going to find that a great convenience as well.
· On-Website Cryptocurrency Education
Despite the fact that I have been following the cryptocurrency markets for many years, I have to tell you that you will always have some confusion in your mind about them. The more you read about cryptocurrencies, the more you are introduced to new concepts. I thought I knew a lot about cryptocurrencies, but I wanted to be sure about everything before I put my money on the line. That’s why I decided to learn about cryptocurrencies more before I started trading. With other brokers, I had to sign up with them to get access to their training material on cryptocurrency trading.
However, there was something different that Neuer Capital was doing. This broker provided me with training material right on the website. Don’t get me wrong; the broker has some great training material when you sign up as well. However, the training material right on the website is great in making you understand cryptocurrencies. You will know what cryptocurrencies are all about and how you can trade them with the broker when you sign up with it.
· Easy Entry into Trading
So, you want to start trading cryptocurrencies just like I did at one point, but you don’t want to take huge steps all at once. You want to test the waters and see a few things before you finally jump into crypto trading completely. If that’s the case with you, then there is a way for you to get success with your efforts. You need to make sure that you sign up with a broker that does not require a lot of money from you to start your first trading account. If you have to spend a lot of money just to start, you might as well end up losing it all.
I am glad that Neuer Capital fully understands this particular requirement of the traders. They can test the waters before they put their money at risk. If you look at the basic account type from the broker, it is suited for traders who don’t have a lot of money. You can start this account with the broker with just $1000. That was great news for me because when I started, I had made up my mind that I was not going to spend more than $1000 no matter which broker I signed up with. Even if you go with the bronze account, which is suitable for you if you are an advanced trader, you will have to spend only $10,000.
· Six Accounts for Different Traders
From the previous point, you must have gotten some idea of how the broker has arranged the trading accounts. When you sign up with an online broker, you have to make sure that you can pick an account that meets your exact requirements. At times, you sign up with a broker that only has accounts that suit advanced traders. In other cases, you have brokers who focus only on beginner traders. That’s a problem that I have dealt with. When I started, I wanted to start with a basic account. However, I knew that I was going to become a professional trader in some time.
After some research into the accounts from the broker, I realized that the broker I had signed up with was not going to be a great match for me when I became a professional trader. However, that’s not going to be a problem for you when you sign up with Neuer Capital. You have six different accounts provided to you by this broker. Every account is meant to serve a different type of trader. I started with the basic account, but I have upgraded to Silver account today. I am sure you will grow the same way and make a huge career in trading with this broker.
· Trading Signals and Price Alerts
You can’t ignore the fact that when you are a trader, you need help with your trades in many different ways. You can get help by looking at the charts on third party websites. You can sign up with some news channel to receive the latest news from around the world. However, I never had to do any of these things because Neuer Capital provided me with all of these things in one place. I love that the broker has price alerts included with every account other than the first and basic account. In addition to that, the broker also has trading signals that are sent to traders to help them with their trades.
You can even get these trading signals on your SMS. That’s something I really like because I still use SMS a lot. However, you will have to sign up with an advanced account to get trading signals. Don’t forget the help of an account manager that will come to you when you sign up with five of the six accounts. It is only the most basic account that does not offer you the account manager service.
· Trade the Way You Like
When trading with Neuer Capital, I felt that there were a lot of things that I was able to do my way. I never felt that the broker was imposing something on me, which is something I felt with the broker I had signed up with before. For example, the margin requirements are low and the leverages are huge. I can opt to use these options if I want. Furthermore, the basic account can be opened with only $1000, but that does not mean I can’t deposit a smaller amount in my account. If you don’t know, the broker lets you deposit $250 as a minimum in your account. That’s how brokers can make the lives of their traders easy.
Furthermore, you will be able to make deposits in your account the way you want. Do you want to deposit fast? You can go with the credit card option. If you like to use your debit card only, you can use this option as well. Do you prefer safer methods over faster methods of depositing money? If that’s the case, you can go with the bank wire transfer. In short, the broker has provided you with all the options you need.
Final Thoughts
You can look at these features and decide why you are going to like this broker if you are looking to trade cryptocurrencies. The broker has definitely put lots of efforts in making its trading platform friendly for traders. It offers some great flexibilities in trading, and even lets you deposit just $250 in your account if you want. If you want to be able to trade many different types of crypto assets from an advanced trading platform, you should definitely pay attention to this broker. To learn more about Neuer Capital click here.