Internet has revolutionized the world of stock trading for all investors. Stock trading was the domain of professional traders who used to charge considerable amount, and also take a long time to trade. With the rise of Internet even retail individual investor with a computer can trade like a professional with the considerably less commission. This has given rise to many retail investors who have quit their day jobs in favor of online trading.
One such online trading platform is Trader Pro. Trader Pro enables retail investors to use the power of professional strength trading platform to pursue opportunities in stock trading. This is the reason ETX Capital offers the Trader Pro Platform to its users. Let’s look at the rewards Trader Pro Platform has on offer for its users.
Cost effective
Cost is the first and foremost benefit of online trading with Trader Pro Platform. Traditional brokers bring years of experience to trading but they also have to work with stocks to make their living. This makes traditional trading effective but very costly. These brokers often take a percentage of any earnings. On the other hand, online brokerage firms hosting Trader Pro Platform charge flat rates for each transaction, inexpensive in comparison by a large margin.
Control
You have full control with online trading platforms like Trader Pro which is another benefit of using it. When brokers held a stranglehold on the market, this was the biggest complaints traders had. Brokers would often refuse to perform a trade they saw as a poor investment. In traditional trading, brokers had full authority to deny the trade to their clients. While this saves the potential client from making a poor investment, it also stops them from taking a risk that could pay back in large amounts. Online stock trading removes the middleman between traders and the stocks they want.
Immediacy
Immediacy is the third benefit of using online trading platforms like Trader Pro. Real-time updates regarding a stock’s performance and immediate trading for the investor is possible with the Trader Pro Platform. Trader Pro Platform has reduced the lag between the investor’s purchase and the actual time of buying the stocks to nil.
Freedom of Trading
With the Trader Pro online trading platform, you can make as many or as few trades as you desire. In the days past, an individual could not make a single trade for a paltry sum as brokers usually required a minimum trade allotment. This forced traders to adhere to the broker’s guidelines preventing causal traders from trading whatever volume of investments they desired.
Useful tools
Trader Pro offers some useful tools to online traders which include the following:
Advanced Charting – Users can choose a variety of chart formats with differing time frames with the advanced charting feature. Also, while trading online, users can experiment with host of drawing tools that this trading platform offers./
Watch List – You need to have all the necessary information regarding specific stocks and keep a close eye on specific markets if you want to abreast with the latest market trends. Using watch list, you can do that on the Trader Pro Platform.
Trader Pro Platform has many rewards on offer and is definitely worth a try. The rewards of the Trader Pro Platform are something ETX Capital endorses by offering it to its users.
