CTmatador Review
Today, we are here to tell you about a specific broker by the name of CTmatador, mainly because the popularity of online trading has exploded within the last decade, and so have the number of online brokerages in the industry. CTmatador is a broker that offers many tradeable assets in addition to an effective yet simple to use trading platform, as well as different account options. In this CTmatador review, we shall discuss all the factors associated with the broker and determine whether it is worthwhile for you to choose it.
Account types
The first thing we noticed when going through the account options was the inclusion of a demo account. Online trading is definitely beneficial. However, it is not without risks. As such, new traders often feel comfortable with using a demo account first, as this allows users to practice different trading strategies without putting any real money on the line. Once the traders are comfortable, they can shift to the real thing.
There are a number of different account types available with CTmatador, but the ones that we would personally recommend are the ‘Silver’ and the ‘Standard’ options. This is because the deposit amount required for these two is not all that much, being $5,000 for the former and $2,500 for the latter. If you desire a more advanced trading experience, however, feel free to check out the ‘VIP’ as well as the ‘Platinum’ options.
Asset index
We have often noticed that other brokers may have everything that would normally classify them as great choices, apart from a strong asset index. Usually, traders would find a few tradeable assets but anything more than that is a rarity. With CTmatador, though, every tradeable asset imaginable is available.
To that end, we found that when you choose CTmatador as your preferred broker, you will be allowed to trade with an abundance of asset types like stocks, forex, cryptocurrency trading, energies, indices, precious metals, share, commodities, fiat currencies, and bonds. Never before have we witnessed such a diverse range of assets in a broker, and that is reason enough to check out CTmatador’s wide range of services.
Trading platform
Seldom do we see a broker that has such a professional yet easy to use trading platform, yet this is exactly what CTmatador provides. Everything is crystal clear and transparent, and there are some truly great features such as price alerts and chart analysis that can be utilized by traders. While there are both downloadable and web-based versions of the platform, we found that the latter performed better as there was no need to install anything, and users could get started with trading straight away.
Moreover, if you wish to use your smartphone to access the platform, CTmatador has added full mobile capability too. No matter what device you use, access is possible with a stable Internet connection.
Customer support
Customer support is provided by CTmatador on a 24/5 basis, and we must say that the team is highly capable, and its friendliness is unmatched. If you ever face any trouble, feel free to reach out to the team by filling out an online form that will ask for your name, phone number, email, country of residence, and a brief message about your issue. You may alternatively email or call the customer support team directly.
Trading tools
Every great broker would offer high-quality tools and instruments to its clients, and CTmatador is no different. In addition to the common tools such as price alerts, graph and chart analysis, news alerts, and so on, CTmatador also provides a trading calendar, a trader’s glossary, and even a helpful trading calculator to help you figure out how much you can afford, what you stand to gain, and what the potential losses can be.
Conclusion
When we consider all of the abovementioned information, we can thus conclude that CTmatador is a broker that can help not only experienced traders but also those individuals who may just be starting out. The demo account function is great, and so is the customer support. All in all, this is a great broker, no doubt about it.