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There is no doubt that online trading is easier and more convenient than its traditional counterpart, but there are some risks associated with it as well. With cyberattacks increasing rapidly, people are concerned about having their private information being misused or their hard-earned money being stolen. Therefore, finding a broker that can create a secure trading environment is a priority for traders. You can take a look at Aroxcapital review to see how it fares in this regard. After all, in other respects, you will find Aroxcapital to be a solid and well-reputed company, even though it is relatively new.
They are offering their trading services in more than 150 countries around the world and have managed to reach a level of success that only a handful of brokers have done and in a very short period of time too. However, you still need to ensure that Aroxcapital can offer a secure trading environment before you can choose their platform. Likewise, you should also assess their procedures to ensure they are not too complex. Check out some of the details here:
Security infrastructure
The security infrastructure at Aroxcapital is one of its most prominent and appealing features. They have been very thorough when it comes to providing peace of mind to their customers. First off, they keep your trading account secure through 2FA (Two-factor authentication) and ensure no unauthorized individual can access it. They monitor and secure website traffic with SSL (Secure Socket Layer) certificates and encryption is also used for protecting all personal data accumulated. They also cryptographically hash all passwords to keep them secure.
The IT team at Aroxcapital also continues to test and assess the system to ensure there are no loopholes. They maintain segregated accounts for keeping customer deposits, as this mitigates the risk of misappropriation. They also store all digital assets in cold storage for maximum security and their website is hosted on Amazon Web Services (AWS), which is a security layer in itself. Lastly, they are compliant with KYC and AML rules, which are international security policies that can help in reducing identity theft, money laundering and financial fraud.
Social trading
Not everyone who enters the trading space is an expert or has a vast amount of knowledge about how the financial markets work. Even if you study, there is no guarantee that you will be able to develop a profitable trading strategy. If you don’t want to take a lot of risks, Aroxcapital has given you the ability of social trading. This is a feature that allows people to monitor the expert and skilled traders in the market and see what they are doing. Not only can you observe their trades, but also copy them in order to use their strategies to your advantage. This is certainly a perk that you will not find everywhere.
Account opening
If a company asks you for too much information upfront, it can be a big concern. Why do they need you to share so many details, some of which are not even relevant? Why do you have to sign a contract? If you don’t want to deal with such issues, Aroxcapital can be a good choice because they have a simple account opening process that doesn’t require you to enter any unnecessary details. Their form is straightforward and doesn’t take you more than a couple of minutes to complete.
You have to provide your first name, last name, email address and password, along with a phone number and your country of residence. There are three currencies provided by Aroxcapital for you to choose one, which are USD, EUR and GBP. You are also asked to agree to their Terms & Conditions and their Privacy Policy, both of which can be found on their website. As long as you are 18, you will be able to register for an account right away.
Moreover, Aroxcapital offers excellent support, a good trading solution and a variety of instruments for a complete package.
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