Beginner’s luck doesn’t exist in financial trading.
More so, every Jack can now claim to run an online brokerage, and beginners fall prey to these sharks all the time.
To this effect, every newbie trader needs to confirm a brokerage’s credibility and trustworthiness before jumping onboard.
Therefore, this article aims to do justice to ARKcoin and determine its beginner-friendliness.
Can starters trade on ARKcoin? Read on to discover.
ARKcoin regulatory bodies shield beginners from scam
In every organization or setting, there exists a regulatory body that regulates its activities. To create a balance in the company’s efficiency, and policies in the interest of their partners as well as investors.
In addition, Anti-money laundering (AML), ensures global standards. Therefore, clients are safe from illegal financial activities
Trading ARKcoin products are easy and direct
The ARKcoin is an investment platform, which aims to maximize the value of an investor’s savings. They offer a multitude of direct and easy products, such as:
- Forex
- Cryptocurrency
- Indices
- Energy
- CFDs
- Raw materials
- Spot metals
- Stocks
ARKcoin’s Trading Accounts for beginners
Most brokerage platforms leverage different account types to suit all categories of traders. Each account has its features, benefits, and peculiarities.
On ARKcoin, there are different types of accounts based on an individual’s investment. They allow freedom of access based on the investor’s liquidity. These account types include:
- Trading account for beginners
- Exclusive trading account
- Trading account for top traders
While the first option is essential for beginners, exclusive trading accounts and trading accounts for top traders are still suitable options for beginners to trade with.
How to register on ARKcoin
The registration process is simple. Users will visit the ARKcoin website, fill in their names, email addresses, and phone numbers and proceed to submit. Other processes include:
Email confirmation
After submitting the information, the user will be required to confirm their details and verify their information before they can access their account.
Explore and trade
After successfully going through the first two processes, the user can now explore the platform, invest and trade.
Pros and cons of ARKcoin
Pros
- The platform has a user-friendly interface.
- Provides new traders with experts to coach them.
- ARKcoin operate on margin trading.
- Systematic verification process
- It is safe and secure.
- It has a demo account for beginners.
- The platform offers 24/5 customer service.
Cons
- There is always a risk of loss.
- Free withdrawals are for only long-term clients with large investments.
How do traders withdraw from the ARKcoin?
Easy withdrawal from a trading account is the ultimate test to know if it is a scam or not.
If a trader can withdraw from their trading account without issues, that cements the online platform’s credibility.
On ARKcoin, once a trader requests for withdrawal, verification on their identity will be made and afterward, their funds are transferred to their bank account.
Are there additional platforms on the ARKcoin?
ARKcoin supports unique individual needs through different trading platforms. These platforms include::
- Web-based browser
- Mobile application
While the web browser is user-friendly, the mobile app is simple and also easy to use.
Are the fees and Commissions on the ARKcoin high?
No, they are not.
Aside from maintaining a $0 minimum deposit, ARKcoin imposed commissions on traders are fair compared to other similar trading platforms.
Is the ARKcoin secure?
When it comes to providing security to users, ARKcoin is among the top notches. They are concerned with providing security against online fraud. Therefore investors rest assured their cash is secured.
Conclusion
Although ARKcoin caters to seasoned traders, now, we have it out in the open why it’s also suitable for new traders. Considering the broker is tightly regulated, traders’ data and funds are secured.
Disclaimer
Trading in Crypto involves risks of loss due to the leveraged nature of trading. Always invest what you can afford to lose.
