In the last couple of years, the popularity of crypto trading has skyrocketed, as thousands of people from all over the world have jumped into this space. The profitability of these cryptocurrencies has become a major source of attraction for many and the increasing demand has prompted a number of trading platforms to be established for keeping up. While this certainly works in your favor because it means you have a lot of options to choose from, it can also cause a great deal of confusion. Sorting through the numerous options is no easy task, and can be frustrating, not to mention time consuming.
Obviously, there are some really good brokerages that do exist and you can find one, as long as you are willing to put in the effort of doing so. You don’t just sign up with the first one you find; this would be a mistake and can set you back a long way. Your priority should be to find one that is dedicated solely to cryptocurrency trading and has incorporated all necessary tools and features required for this purpose. Amongst the various choices in the market, you will find Neuer Capital, which was established in 2019, and has its offices in the United Kingdom.
The fact that it is a new platform may make you hesitate, but you only have to give it a closer look to determine what kind of reputation it has in the crypto space. Nevertheless, you should always ask whether you are making the right choice or not. How do you find the answer? You can do that by discovering exactly what Neuer Capital has to offer to you:
Cryptocurrencies for Trading
The whole point of finding a crypto broker is because you want access to a wide range of cryptocurrencies to trade. The market may have started out with Bitcoin, but it is definitely not the only one that exists anymore. In fact, more than 5,000 coins exist today and there are a ton of them that have proven to be quite profitable. Most of the trading platforms will give you a handful of options, if they are not solely focused on crypto.
Neuer Capital is different because it has only added crypto to its offerings, which allows them to offer you a lot more choices than you will find elsewhere. They offer you the leading options in the market, such as Bitcoin, Ethereum and Litecoin, but that’s not where the choices stop. You can also trade Ripple, Bitcoin Cash, Dash, EOS, Monero, NEO and plenty more that can be found. It allows you to diversify your portfolio and invest in as many crypto as you like.
One of the most crucial features of any broker is the trading conditions they offer to you. Why? This is due to the fact that these conditions will determine what kind of costs you will incur, how much profits you will make and if you will be able to enjoy some leverage or not. All of this can have a direct impact on your bottom line, therefore it is best to know them beforehand. Neuer Capital has provided an optimal trading environment with conditions that allow you to grow and expand your trading activities.
They offer you the lowest spreads in the market, which start at 0 pips. Likewise, they have also been quite generous where leverage is concerned. The highest leverage offered by the trading platform is 1:20, but some crypto pairs have a leverage of 1:2 or even 1:5. They provide details about the leverage available for every crypto pair, so you can check and then make up your mind.
The trading plans offered to you by a platform also vary, as it is understood that not all traders are the same. You will discover three to four choices provided by most brokers, but Neuer Capital will surprise you in this regard because they have six options available. This is because they wish to cater to the needs of their clients in the best possible way. Their choices start with the Basic account that comes with €1,000 minimum deposit and offers customer support, basic alerts and daily market review and education center access.
Bronze account asks for a deposit of €10,000 and gives additional features like account manager. The next trading plan is Silver and it increases deposit requirements to €25,000. You can open an Islamic account, get one-on-one training, exclusive position access and even a personalized trading strategy. The Gold account can be opened with a deposit of €50,000 and it comes with premier events PRO webinars and other advanced price alerts. Platinum account requires a deposit of €100,000 and offers VIP alerts and features. The last account is called the Black account and this one is for traders who can fulfill specific requirements, which you can discuss with your account manager.
In order to choose a trading platform, you should bear in mind that customer support can be extremely important. If you don’t have proper support available, it can affect your whole trading experience. You will find an FAQ section at Neuer Capital that gives you answers to basic questions that you may have. If your query is not addressed under this section, you can check out the other support options that are given to you on this platform. You can visit the ‘Contact Us’ section of their website to find them
There is an online contact form that you can fill out and it only takes a couple of minutes. An email address is also given, if you are more comfortable with that option. Most importantly, there is a phone number provided that can be used to reach out to their agents for discussing your problem. You can use the channel you want to get assistance 24/6.
So is Neuer Capital scam or legit? It is Legit! You can also enjoy top-notch security, an advanced trading platform and a Refer a Friend program at Neuer Capital that can make your trading experience a breeze.