The vast range of online trading options that you have available today make it difficult to make a choice. How are you to select which platform is most suitable for when you have so many offering the same trading experience? This is why it is essential for platforms to change the game and bring in added innovation with unique tools and services.
I have been using these platforms for over five years now and have found them to be very convenient for trading in the global market. In the beginning, I decided to opt for the online servers of brokerage firms that had previously operated offline. They had a sense of reliability, for they brought with them loyal clientele and brokers.
However, as the game got harder, and the competition increased, brokerage firms found it difficult to keep up with the standards of the market. It seems like the technological barrier had passed and was now exponentially advancing towards the next level. This is when things really got interesting, as the type of traders in the global market was also changing.
I remember when my father was trading; he dealt with world-class investment firms that housed these brokers. At that time, you were required to go all the way to the stock exchange to invest in a stock. Today, you have the option to buy and sell billions of dollars’ worth of assets at your fingertips. Now, you might be someone who is still in awe of this progression, but it seems like the market has no time to slow down its pace.
Last year called for a flood of countless online brokerage firms which made room for scam servers to squeeze. When something like this happens, you grow a little wary when it comes to selecting an online trading platform. I was already associated with a platform when all these new options came pouring in. In the beginning, it took me time to assess the various new aspects that were introduced. However, the technological advancement of most of these platforms was unmatchable.
One such platform is one I am going to be reviewing today is Carter-Williams that is currently making waves in the market. I recently joined this platform and in these past few months, I have been a satisfied client. However, I did learn a thing or two about the platform, which is why I thought of critically assessing some of its aspects to make it easier for new traders to know more about it.
Bear in mind that this is the first thing that you need to take into consideration whenever you evaluate a trading platform for yourself. These web-based platforms have a characteristic software design, and the efficiency of this software can greatly impact your trade sessions. If an online algorithm messes up, your server might crash, leaving you mid-transaction. Not only does that make you susceptible to a hack, but you also end up losing a good deal.
Carter-Williams has optimized its server to take on the load of the global market. Its server is engineered to perfection and is monitored by expert brokers who regulate its service features. I like the layout design of the platform as it’s quite simple and straightforward. In my experience, there have been platforms that forget the basic framework of a trading platform when they introduce innovative tools. So, I found it commendable that Carter-Williams has stuck to the standard provisions for a trading platform.
I did notice that the server was designed to operate in limited languages, which can be an inconvenience for some traders. The disclaimer and the integrated support option are smart tools that provide necessary information to traders accessing the server for the first time. You will easily be able to navigate through the server, thereby making your trading experience convenient from the get-go.
With online trading platforms, this is an essential aspect to take into consideration. I know I was a little apprehensive myself when I first started trading online. The fear of hackers is real for the risk assessments make it clear that if the server is not secured, you are prone to such risks.
Carter-Williams makes sure each client of theirs is aware of the market laws, which is why they have integrated them in their trade operation guidelines. The legal framework that binds the platform’s security regulations is all evident on the platform’s server, and you can access the documentation by scrolling down.
This transparency by Carter-Williams is refreshing, and it does contribute to reassuring you with respect to their reliability. You can assess their policies for trading yourself and make a decision if they are indeed up to the mark.
The technologically advanced infrastructure allows Carter-Williams to designate various tools for their clients. Instructive tools are especially present for beginner traders so that they may get a better sense of the trading world. I know as a beginner how hard it was for me to come to terms with some of the terminologies that are used on the platform. This is why I appreciate that Carter-Williams takes the requirements of every type of trader into account.
Veteran traders will find the analytical tools to be of most use to them, as they will be able to plan out trade strategies while also being able to evaluate the current and future market situation. The price movements can be tracked using these tools, and if you are a day trader, these tools will help you align the price changes and develop intraday strategies to profit off them.
Carter-Williams allows its clients the option to trade using over 200 tradable assets, and they can select their favoured assets on their chart. Now, the chart itself has the option to be custom set, which is why you will be able to interpret it easily. For example, the default chart type was set to Candlestick and I am not someone who is equipped with the knowledge to interpret trade data from this chart type. So, I can easily switch to an option I find easier to interpret such as the Line chart. You have the option to select from 5 types which include Candlestick, Line, Scatter, Spline and OHLC.
If you think the type is the only custom feature that Carter-Williams has to offer, you are mistaken. You can also set the chart indicators from a variety of over 30 options and select the chart interval from the available 9 options. These features help you make trade analysis more convenient.
The way a trading platform showcases support to its clients depicts their sincerity towards them. Carter-Williams tends to do just that with the various means of communication that they have set up for their clients. The clients can get in touch with the platform’s administration through service operators that regulate the phone lines, live chats, and email responses.
Being able to communicate effectively with their clients is paramount for the success of a platform. How can you know if your clients are indeed satisfied with the services you offer them if you aren’t willing to get feedback? You can register your complaints and queries through the above-mentioned means. I for one have always preferred the email method.
I find that emails are formal and they allow you to communicate the entire query quite effectively. I like that the platform sends you a survey every now and then to evaluate the client support as well. Carter-Williams is striving towards perfection, which is why they ensure that their customers are satisfied with their services.
You can also communicate via live chat if you prefer an immediate response to your query, but you will notice that this method is a little slow during certain times of the day when there is a lot of traffic on the server. Carter-Williams has designated service operators to hold the turf in case of a busy server, and you can rest assured that your query will be answered in due time.
The phone support option is limited to certain countries, so if you were looking to use that option, you will have to recheck if your region is on the list. I hope the platform introduces the option for more regions soon enough.
Carter-Williams is well on its way to establish itself as a worldwide brand, and the broker is already standing out from the crowd with its cutting edge tools and quality statistical surveying. These service features make the drawbacks seem trivial, and this brokerage company is well on its way to establish a niche for itself in the world market. The learning resources and the educational opportunities offered by this platform are exemplary.
Within the few months that I have been associated with this platform, I have seen it grow and progress, and this is exactly what a trader today should be looking for. If you want to take your business to the next level, you have to evolve with the changing market and Carter-Williams is the ideal platform to do that with.