Owing to the number of options currently available, it can often time become increasingly difficult to make a suitable selection. You need to be able to make a selection based on your requirements. Trading platforms in general seem to have gone way out in outsourcing their service features for betterment. Each of these trading platforms set themselves up as the best in the trading business. Most of them are unable to match upto their service promises. This is why I wanted to share my own personal experience with a trading platform. I have been using its services for a little over a year now. SecuredVC was recommended to me by a friend. I decided to give it a shot. I have been satisfied with it ever since.
I will try to direct this review with an unbiased parallel of this platform’s features. You will be able to weigh out the pros and cons based on my overview. Most of the time, I have realized that we find it difficult to opt for the service of a trading platform because we know too little about it. My review of this trading platform will help you become aware of its services. I will try my best to highlight all of its key characteristics. You will be able to make a calculated decision accordingly.
When you get on its website, you will find it pretty basic. Every standard feature is properly laid out. You do not need to search for any specific feature. The layout is simple and straightforward. You can change the language of your preference from the top right corner. The trading data is represented in a pretty conventional way. You will not find it to be that interesting. They have not opted for an innovative method to showcase it. However, the various options for customization are commendable on their part.
There are several trade options like Forex, Commodities, Crypto, Stocks, and Indices. You may want to opt for other options. But for now, these are the only ones available on the platform. The left side of the page is panelized with the following options of Positions, Closed positions, Deposit, Funds, Account state. One thing is for certain, they have tried to categorize most of their services on this page. This allows easy access. However, the features of Indices were noticeably limited during the day. Just like that, Crypt deposits found themselves to have an above-average commission. Besides these discrepancies, the trading options they offer vary. The impressive layout of their trading features is commendable. You will be able to change the settings from the button on the bottom left. An option for the customization of your statistics is also available on that page. The easy customization options are definitely noteworthy. You can set it on various different levels to ease the comprehensive analysis of trade data. The different chart types include Line, OHLC, Spline, Scatter, and Candlestick.
They have opted for Candlestick as their default chart type. My personal preference was for Line charts. This is mainly for their simplistic illustration of data. This makes it easier to overview in a limited amount of time. Even though I would’ve preferred if the platform offered more language options. This would help make it more inclusive. They currently offer only English and Thai. They could incorporate other languages such as Spanish, French, or German. Rest assured SecuredVC takes good care of its customers when they visit the platform.
The education centre is the highlight of this platform. Beginners entering the trading business can find useful information here. You can access all different sources of information in one place. You can equip yourself with all the technical lingo you will need to learn to survive in the trade market. The three different ways in which information is available to you on this platform are:
Trade information is available in the form of digitalized trade books. These eBooks range in variety from beginner level to expert trade strategies. Currently there are twelve eBooks available on this trading platform. I personally found them to be a little outdated. The market is changing fast. The same strategies cannot be opted for each time. I feel like the platform could do more in upgrading their volumes. The books available for expert traders are Advanced Strategies eBook and Advanced Technical Analysis.
You can always ask questions about stuff you don’t understand. This what the FAQ page is for. There are a number of common questions that have been asked by traders. The platform makes sure that they are readily made available on the site to help other clients. SecuredVC categorizes the different types of questions that are recorded. They include 5 categories, that include Funding, Open account, Platform, Support, and Trade. This allows easy access to necessary information.
The technical terminologies of the trading world are difficult to understand. You need to be aware of their meaning. A glossary will help guide your way through it. SecuredVC provides you with a glossary. It is available in alphabetical order. This saves you time in getting to your required information.
- Asset Index
SecuredVC has made it easier to search for specific assets. It has them arranged in alphabetical order, thereby, paving the way for efficient trading.
SecuredVC makes sure that it is able to accommodate a large variety of traders. This is why they have categorized their accounts into 4 types. Here is a brief overview of each one.
First time traders or traders with limited experience in the field choose this particular account type. The Self-Managed account can get you over 200 tradable assets, a suitable market review, and up to 100 significant leverages. I found this to be a pretty suitable deal for a beginner level trader. The minimum deposit with this account is 250 Euros.
Gold Account is selected by people who have established a foothold in trading and are able to take more risks. The minimum deposit for this account is 10,000 Euros. The specifications that come with this account include upgraded options from that of the self-manageable account. You get over 200 Tradable assets, Market review, Dedicated senior account manager, Bonus funds, Lucrative spreads: Gold spreads, Up to 200 significant leverages, Trade room analysis: Tier 3, Financial Planning, Risk management planning, Special venture promotion, Monthly webinars, and lastly prioritized withdrawal process: level 3.
Most of the features of the Platinum account are the same as that of the Gold account. But you will have upgrades like Lucrative spreads: Silver spreads, Significant leverage up to 300, Trading signals Trade room analysis: Tier 2, Weekly webinars, Private analyst sessions, and prioritized withdrawal process: level 2.
The only thing that makes the VIP account stand out is its exclusivity. It can only be accessed upon invitation. Just like the other accounts, its features are optimized and upgraded from that of the Platinum account. The upgraded features include Lucrative spreads: VIP spreads, Significant leverages up to 400, Trading signals, Trade room analysis complete for access, Access to lucrative VIP events, Complete access to webinars, and Prioritized withdrawal process: level 1
Risk Disclosure Statement
The risks of trading assets in the global market sphere are eminent. You need to have a solid understanding of these risks. This is where the Risk Disclosure Statement comes in. SecuredVC is here for the protection and awareness of their clients. They make sure that their clients are provided with all the necessary information and disclosures on risks associated with market trade tools. There are financial tools offered by MegaQ Ltd. SecuredVC makes sure that all of its clients are aware of the risks associated with trade tools and servers. They highlight this information in the Risk Disclosure Statement. You can go through it to identify the key pointers yourself.
Anti-Money Laundering Policy & KYC
Money laundering is something you don’t need to worry about when it comes to working with SecuredVC. They have an airtight network set up to avoid such violations from occurring in the trading circuit. The clients using this platform are made aware of their responsibilities while trading. They are reminded of the laws and guidelines set in place for the regulation of anti-money laundering. Clients are advised against violation of confidentiality and overruling of anti-money laundering policy. They are not allowed to accept any cash, undefined money order, third party transactions exchange houses transfer, or Western Union transfers. SecuredVC has set a policy that directs back the funds to the original source of remittance. So, one thing is for sure, you need not worry about facing such violations while using the SecuredVC trading platform. It manages to cover all its clients well to ensure safety in trading.
Withdrawal, Refund & Cancellation Policy
The withdrawal process is routinely monitored by SecuredVC. They make sure that all required verification procedures are in place. Any potential frauds are avoided owing to this increased security processing. This trading platform is equipped to handle all safety precautions with ease. The deposit options do not show any means to use PayPal which can be inconvenient for some clients. There are three ways you can withdraw,
- Credit card
- Bank Wire
- Bitcoin Transfers
The easiest way to know the workings of any trading platform is by assessing their customer care service. This showcases how they deal with their clients. If they deal with you with a hands-on approach, this shows that they value their clients. When I had called this platform’s customer care, I was asked for my name, email, and request message. Not only that, they also managed to categorize an effective response. Some of the subjects that they lined up were Deposit assistance, Account manager call request, password reset, Auto trader, trading platform, Pending withdrawal, Withdrawal request, Verification, Account closure, and lastly complaints. When you pick one of these options, you will be directed to a service operator who can help you fix your problem.
You may experience some difficulty patching through the service operator at certain times. But that is understandable considering the busy market. But be assured that you will be catered to sooner or later. The customer care service is operational 24/7. It may be slower at night but that is due to maximum activity during those hours. SecuredVC has the UK and Australia phone through which they can be contacted in case of a query. Their support operating chat hours are Monday to Friday 07:00-14:00 GMT and for Phone support hours Monday to Friday 09:00 – 13:00 GMT
The reliability of this broker is my first-hand experience. I am glad I decided to use this trading platform. It has managed to ease a lot of trading matters for me. I understand that a lot of people would have different trade requirements. This is why trying out the platform yourself would help you determine if it is indeed suitable for you.