A little while ago, I met a young trader. I could relate on an entirely different level. The disappointment on his face reminded me of the time when I was struggling. Back then, I could not figure out which way to go but before I start the review let me tell you I am a trader who has been working for the last 15 years and has seen a lot. When I say I have seen a lot I refer to all the mess I have been through and all the times I have seen this profession undergo massive transformations. Well, when I was new to the profession, I honestly had no idea what was happening and where I was heading. I kept going with the flow, without realizing flow was taking me to losses.
By the time I graduated, forex firms had already met a boom and we knew pretty well how important it was for a trader to join one of these firms. This was mainly due to the ease they brought into the life of traders. They completely eliminated the need for making proper trips to foreign exchange and now everything a stock exchange had, lied at fingertips. This entry was regarded as something revolutionary because it led to the emergence of a new era of digitalization and improved trading experience. All you needed to stay in the game was an electronic device connected to the internet. And then you could see your profits doubling in no time. But trust me it ain’t as easy as it sounds. There is another important factor that has a lot to do with you as a trader.
A reputable forex firm. If you get hold of one of these, you can tell yourself that success is coming your way. A forex firm, if good enough, can work wonders because of the degree of control it gives you over your decisions and their results. When you have a clear picture of the market scenario and you hear what the experts think then you can make your decisions relatively risk-free. This is why I have always recommended my juniors to sign up for one.
But this isn’t as convenient as it looks. In today’s world, we keep hearing news of young traders being looted. This is because of the large number of scams that have poured into the markets. Where lives of many experienced traders have become miserable it has become hard for young ones out there to pick up a competent platform that is more like a needle in the haystack. So, the boy I was talking about in the beginning, made me feel that I should review my platform Green Tower Investments. This way, you’ll be able to see if you need to join this forum and get an idea of what features you all need to look for in a broker.
I am sure by the time we reach the end of this article you will reach a point where decision-making will be easy but I don’t want you to read a review and make a decision immediately. It is always recommended that you take suggestions of the ones around you seriously but never forget to carry out research yourself. If you feel like something will work for you, then it does most of the time. And this is something I am telling you from my personal experience. A firm might be great for one trader and terrible for the other because all traders have varying backgrounds and hence varying needs. An efficient platform tries to cater to all sorts of diverse trading needs but even then the responsibility to ensure the provision of up-to-the-mark services lies with the customer. So let’s see how my experience with this broker has been.
Efficiency is the Key
Efficiency is a huge thing in itself and a large term because there’s so much in a good forum that has to be efficient. We will keep touching all these elements turn by turn.
So, the first thing my broker is efficient at is customer support. If you ask me, this is one of the services which has to be impeccable for the long-term partnership between the client and the firm. The company has to keep telling the clients that they are there for them for all times to come. To execute this Green Tower Investments has provided its users with many options in order to get in contact with trained and professional representatives. These include Call, Chat, Email, and form submission. All of these are more or less equally responsive. However, I don’t like how some of these options like chat and call are functional in given time slots after which you will have to wait for the next day. Also, users living outside Australia, the UK, and Canada cannot make use of the call option. This is a drawback for the ones who live in other parts of the world and do not like to communicate through chat. I know that this is a common problem with most of the brokers out there but I wish Green Tower Investments stands out in this matter like a lot of others.
As of the representatives, they are highly skilled, properly trained, super welcoming, and kind. Not even for once did I find them rude for asking strange questions. They have been told that new and experienced people will get in touch with them and hence they should be expecting all sorts of questions.
The website’s education section has to be right according to the needs of its users. Like I told you all sorts of people work here so the education segment has information for traders with both basic and advanced levels of information. This allows the young ones to read more complex stuff and the old ones to refresh the basics. This is something very popular among traders. The section has been subdivided into ebooks, FAQs, Assets Index, and glossary. I have gone through almost all the contents and one of the most commendable features is that they have been placed in a way that they are easy to find and that too quickly. You come across a new term and quickly find it in the corresponding Initial letter list in the glossary section. Also, the FAQs have been grouped up according to their topic. This ensures that you do not have to keep roaming around on the site. My favorite subsection is the Ebooks one. The comprehensive information that you get there is matchless. A small synopsis paragraph below the title gives you an idea regarding the contents of the book. The ebooks are free for all, you can give them a read without being a member.
But this section isn’t free of flaws like any other on any of the forums. The ebooks here are not updated often. The same goes for FAQs and Glossary. I am sure at the rate this profession is evolving we have new questions being born every now and then.
This is another thing that has to be incredibly efficient. Because of the increasing volatility and uncertainty in the market, you can afford anything but a delay in your orders’ implementation. This is because a delay if even a split of a second can cost you millions. This is exactly what happened to me on one of my last platforms. I had to pay to suffer from large financial losses because the computers used were not capable of a large customer orders’ load and kept crashing. This is why most of the deals took place at the wrong time and then the company had designed their order execution policy in such a cunning way that they could not be held accountable no matter how large your loss was. Well, I don’t want to get into further details but for now, this is another thing that you need to be sure of before joining any broker.
One of the major reasons behind the boom of these firms was the tools which they provided. Green Tower Investments has felt the growing need for these and hence they provide all the tools under one roof. My favorite ones are the stocks bar which keeps moving and updating you about the stocks’ prices. Also, the date and time bar at the top is what helps the traders take timely decisions.
The Last Words
The Green Tower Investments has not only made my trading venture easier but also fun. I must say that the forum rescued me at the right time. The forum works best to provide me with the optimum trading environment and this attitude makes me ignore the small flaws. There were so many features that I could not discuss above hence I look up to the ones who sign up for exploring those by themselves. I hope you soon find the right platform for your trading needs.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation