As the world recognized what wonders forex trading can work, masses quickly agreed on investing in the area. Consequently, in the year 2020, it was seen that a huge number of new dealers emerged giving birth to another lot of fresh specialists. However, it would be rather foolish to think that all of them made it to the top lists because with this huge developing interest not only did the experienced people but the tricksters and fraudulent faces saw it as an opportunity. Now the real daunting task is to find out who's worth the job!
While I was still narrowing down my options, a bunch of my close friends, who were all brokers, suggested that I look into the WaltonChase option. It was then when I decided to research this platform. To my surprise, I soon came across some features of the platform that clearly made it stand out. As we proceed, I'll explicitly show you what my journey seemed like, highlighting all the pros and cons.
A very remarkable feature, that I would like to start off with, is that discovering, navigating, and searching through the site is very much facilitated. In fact, it clearly reflects that the site has been designed with only one principle running at the back of the designer's mind which was "keep it simple". Moreover, the writers have not used complex English language with the sole aim that a maximum number of people can benefit from it. Although you will not find a demo account you'll definitely come across a number of accounts there to fill up the empty vessels of your cravings and desires. Just 10k and important trading highlights lie a click away.
If you still feel the need to make the journey even smooth then certainly you can make use of Gold and Platinum features designed for your ease and convenience. If you come from an esteemed and a rather recognized institution you can simply enter your institutional credentials and there you go. From the above discussion, it is eminent that this platform goes around the rule of being 'user-friendly'. Let's say that you're running out of bucks and clearly, the above-stated options aren't for someone like you, then having the basic WaltonChase would work for a large chunk of customers. If you're new in the world of trading, I will recommend you to first get yourself acquainted with the basic account.
Is the waiting queue long?
If you ask a broker, they'll always say that the key player in this game is client care. It has to be emphasized enough that even a huge established platform will be of little good if your customer care specialists are not actually the specialists. Throughout my journey, I've been convinced that WaltonChase has been mindful of this since the beginning.
All of the correspondence channels offered there are equally productive, and they make sure customers reach their inclination at the end. For a person like me, a direct conversation with a person who has authority or knowledge in that matter works best so the call option was very much commendable. All the two call centres, in the United Kingdom and Australia, seem to work on a uniform basic working principle of best customer assistance. A small disadvantage lies in the fact that if you cannot understand English, you might land in some trouble since that is the only language they operate in. But if that's not an issue for you get ready to get your problems solved in no time. All you are expected to do is keep a track of their working hours which are 9:00 to 13:00 GMT from Monday to Friday
Alternatives for Alternatives
If you're not a ‘call person’ or for some odd reason, you could not talk to the customer care representative on call you always have an email option which is equally effective. On the other hand, if you feel like the email is not an instant medium of communication they have another option for you named 'fast chat'. Here I would like to make it a point that all my queries were answered in a time of less than an hour. The live chat feature is just another incredible method. This is distinguished from live chat on other platforms due to the fact that here you have got a human talking to you and not a chatbot, making the conversation more fruitful and productive. It is imperative to state here that once my response was a little delayed but it might've been a consequence of increased traffic. This might be an area that requires improvement.
Trading Platform Execution
Many thanks to WaltonChase for picking up an issue that has bothered the new traders like me for a while now. Most of the trading platforms are all about user unfriendliness since tools, features, and layouts are very complex. All these together had made browsing a very hard and strenuous job. WaltonChase's strategy to build up a more client-oriented environment has undoubtedly helped it oblige the new influx of brokers.
When I used WaltonChase for the first time, I had no strange overpowering feelings because the overall layout of the entire platform was commendable. I could find one after other alternatives for the fulfilment of my needs. Out of the entire website appearance, the aspect most damaging to my first impression was the colour scheme. I honestly feel like a trading analysis chart should have bright catchy backgrounds to make the overall experience less boring.
Right to your left, you will see all tradable assets that you have access to, grouped into some classes such as Commodities, Crypto, Stocks, Forex, and Indices. This makes your search very easy and less time-consuming. In one glance, I could view all the facts and statistics that I require to make any further decisions.
As I have discussed above, the process of navigation through the site is very smooth. I clicked the asset I wanted to explore further and there I could easily screen genuine execution. It gave me access to a number of tools that have significantly helped me improve my trading methodology. Since these tools help you get a clear picture of the market scenario, a lot of traders find these tools very beneficial.
One outstanding tool provided on WaltonChase is the shortcut section at the left which helps you quickly navigate within the website. In less than a second, you can access
· Withdrawal assets
· Open and closed positions
· Customer care services
· Account settings.
This website serves as a one-stop solution to all my problems and needs.
What Distinguishes WaltonChase from others?
If you fall in the hands of a trickster or a broker who is rather obscure regarding hidden charges, trade expense estimation can be a real headache. Now, to save yourself, you need a foolproof tool to combat this problem but worry not since WaltonChase's terms and conditions clearly reflect how their policies in this regard are very straightforward. As we proceed in this audit, I will explain, making matters more clear.
In case you have not performed any exchanges on your account for a period of 30 days, then withdrawal expenses seem like a nice option. This has made you land in a situation where you are looking at 99 USD/EUR/GBP per each such period. If you have not messed up with the terms and conditions you are certainly out of the danger zone. If by the end of the trading day you have forex or open CFD positions, there is a huge probability of you encountering overnight expenses. So the key to avoiding them is, do not to mess with what the terms and conditions say.
Charges which have been mentioned above are very much justified and standard. Now let me shed some light on the expenses with respect to third parties. As a matter of fact, WaltonChase is not the first platform to apply them but even if it is, there is a long journey to make before reaching what we call business standards. Peeping into the bright side, all information is clearly stated and hence you know what you are dealing with. Keeping all of this in front of me, I would recommend you consult the client service since the commissions can vary.
As you might have judged by now that WaltonChase rests in my good books. Over time, my belief that they are a regulated platform has been strengthened. It is observed largely that opened brokers fail to manage the expensive administrative approaches so they choose to improve trading where they find margin. I feel like this is very much justified but my desire of seeing skilled agents establishing a healthy trading environment continues to grow. I also want to address the fear of misrepresentation by putting it forth that my assets remained safe constantly and were easily accessible by me all the time.
Diverse Payment Options
With newly developing payment strategies, traders demand a greater variety and liberty to pick an appropriate method. WaltonChase wins another point for offering its users payment methods like credit cards, Bank Wire Transfers, and bitcoins. Once you experience it you might point out drawbacks of the time-consuming withdrawal cycles but this isn't a WaltonChase problem. In fact, this is prevalent in banks and their approaches. To avoid this fuss make sure you discuss it with your bank supplier and have an idea of the time frame beforehand. In case you have an e-wallet now, by that time you should make use of bitcoin transfer since it is not only easy but also saves time.
The Final Takeaway
Despite being sceptical initially, after my experience with WaltonChase I was convinced that the platform is trustworthy, reliable, and highly appropriate for the community. Here I need to mention that the platform cannot be straightaway called flawless but even then it's worth the try. If you are not affected by limited education centre reach, it has to be your next partner.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.