OffersFX Review – Is OffersFX Scam or Legit?
As safe as you want the online world, things are not quite that way unfortunately. There are many online entities that pose as trading platforms, but when you look deep inside, they are nothing but scammers. Of course, this is not to say that all of the online brokers are scammers. In fact, a majority of the online companies are not scammers at all. They are there to provide you with a legitimate trading platform for all your trading needs.
Now, since you need peace of mind, I will help you know about OffersFX, which is a famous trading services provider, to help you decide whether it is scam or legit. So, here we go.
Evaluating the Legitimacy of OffersFX
Properly Regulated Broker
If I wanted, I could end the review right here. The first thing that you have to look at to make sure that you are signing up with a legitimate broker is regulation. If an online trading services provider is a scam, you can never expect it to be regulated. However, that’s not the case here. You are signing up with a firm that has proper regulation in place. The regulating authority here is Cyprus Securities and Exchange Commission, which is quite a famous regulatory in the online trading world. So, the first and the biggest concern of whether you are signing up with the right people is already gone. You can now sign up with OffersFX with peace of mind.
There Is a Free Demo Account
In most cases and based on my experience, most online scammers will not give you time to think. They want you to take your decisions in a pulse. They know that the more time they give you, the more chance there is that you will realize what’s fishy about their services. On the other hand, you have this company providing you with a free demonstration account, or a demo account in short. This account is there for you to get a hang of things. Through this demo account, you will be able to see what online trading feels like, how you can trade, and what the trading software is all about.
Once you are fully satisfied that you understanding how trading and the trading software work, you can go ahead with a paid account as well.
Risk Control Strategies
Even the best firms out there will not let you trade with minimal risks. In most cases, you have the companies trying to make you trade as much as possible. On the other hand, you have this broker trying to help you keep your money safe. Do keep in mind that trading with risk in mind is the sign of an experienced and wise trader. When you focus on profits too much, you take big leaps that might not go in your favor. That’s not what this firm wants you to do. It wants you to trade safely through risk control strategies. When you sign up with OffersFX, you can use a variety of risk control and risk minimizing strategies to trade safely.
Proper Trading Accounts
Again, I am going to talk from my experience. Most online scammers that I have seen do not provide you with trading account options. They just tell you that you have to sign up with a small amount of money and then you can start making millions. That’s a false promise that is there only to attract people to their trading platforms. Things are real in the case of OffersFX, which has provided you with proper options to pick your trading platform from. You have four different account options and the standard (the most basic one) can be opened with a small sum of only $250.
You can enjoy fixed spreads, proper courses, videos, ebooks, webinars, live chat feature, and much more when you sign up with this broker. In addition to that, you can trade not only forex and digital currencies, but stocks, indices, commodities, metals, energies, and much more when you are with OffersFX. Don’t forget that you will be doing all of that on a regulated trading platform. The final verdict is that OffersFX is not a scam.