Whether you are trading online or just doing your regular daytime job, you have to know your odds of growth. If you are working in a place where you can’t grow, it’s best you start looking for other options. The same rule applies to online trading and brokers as well. If you are getting short-term benefits but not long-term growth, I recommend you leave such a platform. However, a platform that I think you will not consider leaving for this reason is to be discussed in detailed in this UOP Capital review.
I want to talk about this company specifically in the context of offering growth to traders. It’s a good platform, but it has its competitors in the market. What sets it apart in my opinion is how it lets traders grow by offering them great features. Let’s dive into the review to know more.
Big Leverages for Traders
I and even expert traders cannot deny the fact that the bigger risks you take, the bigger rewards you can expect. Yes, taking big risks is difficult because you always have the fear of losing everything. However, small profits make your trading journey very long and tiring. Now, in order for you to be able to take big risks in the hopes of making big profits, you will have to use leverages. Good news is that you are offered leverages on this platform. The biggest leverage available to traders on UOP Capital trading platform is 1:500.
However, I do have to tell you that leverages can be as small as 1:20 for those who sign up with the basic account. That’s a very intelligent move from the broker because new traders aren’t fully aware fo the pros and cons of trading with leverages.
Low Commissions and Fees
Is it important for you to consider this option before you pick an online broker? Yes, it is very important and let me tell you why. The fees that you pay on your trades are actually taking a cut out of the profits you make on your trades. When you calculate your profits, you have to deduct these fees and commissions. In other words, the more fees and commissions you have to pay, the smaller your profits become. UOP Capital has made lives of traders easy by lowering its commissions and fees. Firstly, you don’t have to pay any fees to the broker for sending funds to your accounts or receiving them.
If you see any service charges on your banking statement, it best you contact your bank about it. Your bank usually has service charges associated with these transfers. Now, as far as the commissions are concerned, they start at 10% of the profits you make but go as low as 2% when you sign up with the most advanced trading account. In other words, the more you learn trading and enter big trades, the smaller your commissions become.
Realistic and Helpful Customer Support
Another thing that has kept so many traders on this platform for so long is the customer support available to them. When you sign up on this platform, you have multiple ways to get help from the company. You can send an email and get a response as soon as possible. However, the best way to get in touch is through online chat that’s available on the website. Last but not least, as soon as you land on the website, you will see a number at the bottom of your screen. You can call that number to get help. The customer support staff is there 24/5 to help you.
A platform that offers traders growth is a combination of many great features. It is not relying on just one big money making feature. Instead, brokers like UOP Capital give traders many reasons to stay with them. Also, traders know that staying with this broker benefits them in the end.