Read our EZDSK review carefully to see why we DO recommend this broker for trading. Just to clear doubts, this is a ezdsk.com review.
One of the most prominent trends of the last decade or so is online trading on websites like ESDSK. There are hundreds of thousands of people out there who have chosen to make a move into the financial markets because they are tired of their day jobs. It could be because of lack of growth, desire to change careers or simply the urge to make more money in a short amount of time in order to achieve financial independence. Sure, you could look for another job, but why do so when you can be your own boss in online trading. There was a time when trading in the financial markets was not that straightforward.
You had to have large sums of money, had to go through a lot of hoops and dedicate a lot of time and effort in order to trade. But, things have changed in the previous few decades and this is all because of technology and the internet. There have been drastic changes in how industries operate and trading is no different. You can now trade from the comfort of your home and get access to the financial markets. You can trade as little or as much you want and even get started without any knowledge, education or experience.
In addition, there is no need for you to have huge amounts of money either, which gives you a lot of room to trade according to your convenience. Most importantly, the financial markets are filled to the brim with trading instruments, which means you will have plenty of opportunities to explore. One of the biggest additions that have been made to these markets is that of cryptocurrencies. The tide began with Bitcoin in 2009 and no one could have imagined how big a force it would eventually become. Yet, it is the leading cryptocurrency in a market that has a valuation in billions.
As a matter of fact, many experts have predicted that Bitcoin will end up replacing gold as a store of value in the future. Suffice it to say, the crypto industry has garnered a lot of attention and people have rushed to online trading in order to get their slice of the pie as well. Interest and curiosity associated with cryptocurrencies is also one of the reasons why online trading has become a worldwide trend. You can also trade cryptocurrencies in order to make profits, as these volatile instruments are known to deliver.
There is one thing that cryptocurrencies have in common with other trading instruments; you will need an online broker in order to start trading. There are two categories of traders that you will be able to find. First off, there are those brokers that give you access to cryptocurrencies, along with access to other trading instruments as well. This means that they are offering their clients access to multiple instruments rather than one. Secondly, there are those that only specialize in crypto trading services and don’t offer any other instruments. So, which one should you go for?
While the former may have been around for longer because they were offering trading in other financial markets, it is better to go for the latter. This is because their focus on crypto ensures that you can get all tools and resources that are needed for trading these digital assets, since they are not the same as other trading instruments. In addition, brokerages offering a variety tend to only offer a handful of options from each market, which means you will only get limited options. In contrast, companies focused on cryptocurrencies are capable of offering a greater variety to their clients.
The good news is that cryptocurrency brokerages have also increased twofold, which means you will not have to deal with a lack of options when you decide to look for a specialist company. Nonetheless, this doesn’t mean that you can just pick the first one you will find. Like everything else, you need to do your due diligence in order to choose a reliable brokerage that can provide you everything you need. There are scams and fraudulent platforms in the online world and you don’t want to fall for one. Hence, you have to be cautious and take a close look at a company before you decide to use their services.
One of the various options that you will come across is EZDSK, a brokerage that focuses on cryptocurrency trading and has developed a platform and resources to help people in trading these virtual currencies. But, does it do a good job? The only way to find out is to know everything necessary about the company. Let’s take a look:
|Trading Accounts||6 Account Types; Basic, Bronze, Silver, Gold, Platinum and Black|
|Assets Coverage||Variety of cryptocurrencies|
|Trading Tools||Live Charts, Economic Calendar, Risk Management Tools, Price Alerts and Trading Signals|
|Education and Training||Yes; free market research, Trading Academy, Webinars, Tutorials, E-books, Sessions with Market Analyst|
|Customer Support||24/6 through live chat, online contact form, email and phone number|
|Security Policy||KYC (Know Your Customer) and AML (Anti-Money Laundering)|
When you start looking at a crypto broker, obviously the first thing you need to look at is their crypto options. You have chosen to opt for a company that is solely offering cryptocurrencies, which means you want them to offer you variety in the market, rather than giving you a few choices. The problem is there are some companies that mislead people by claiming to offer a horde of crypto to trade, but have very limited options available. You don’t want to fall into this trap, so it is best to take a look beforehand in order to know what you will be able to invest in.
You will come to know that EZDSK is not just making false promises when they say that you can trade a wide array of cryptocurrencies on their platform. Their crypto options not only include the leading cryptocurrencies in the industry, such as Bitcoin, Litecoin and Ethereum, but they also provide their clients the chance to invest in smaller projects that can also offer solid profits. You can find a ton of other options on their platform, which include Bitcoin Cash, Ripple, NEO, Monero, DOT, IOTA and more. They are regularly upgrading their asset index to provide traders with additional choices. This gives you enough room to diversify your crypto investment and make the most of it by trading different types of cryptocurrencies on a single platform.
The most vital tool that any brokerage offers to its clients is their trading software. It is the primary reason why traders sign up with these companies because they provide the platform that connects them to the cryptocurrency market and execute their trades. How else will you be able to do that? But, it is essential to remember that it is up to the company to decide what platform they are going to offer. As most of your trading depends on this software, you certainly want the best possible option. However, this is not always the case. You will come across reviews from traders about platforms offered by companies that either lagged, broke down, had security loopholes, were too difficult to use or lacked trading tools.
You don’t want a platform that has any of these problems because this can make trading immensely difficult and result in losses because you might not be able to execute trades in time. Considering how volatile the crypto market is, this can prove to be disastrous for traders. Understanding this dilemma, EZDSK has made a great deal of effort in developing their trading solutions. You will come to know that they provide their clients with three different options to choose from in order to trade.
You will find a desktop platform, a web trader and mobile trading apps provided by EZDSK. They have developed multiple choices to enable traders to find something that adjusts with their lifestyle. A desktop platform has to be downloaded on your PCs, while a web trader doesn’t require any downloading and can be accessed through any browser on different devices. Mobile apps are available for both Android and iOS ecosystems, which provides traders with flexibility in trading from anywhere and at any time. No matter what part of the world you are in, you will be able to access your account directly from your phone.
As far as user-interface is concerned, EZDSK has ensured that their platforms have a highly intuitive interface, which makes it easy to use. Even if you are a beginner, you will have absolutely no problems in navigating the platform and find out everything easily. Their platform is customizable and offers superior trade execution, allowing you to take advantage of even the tiniest of market movements. One-click trading makes everything simple and quick as well. Apart from this, they have also integrated their platform with some of the most sophisticated trading tools in the market.
You will come across live and interactive charts, technical and fundamental analysis tools, trading indicators, price alerts, graphs and live-market prices. They also provide an economic calendar, so you can stay up to date with the latest events that are scheduled. The latest market news is also available, which helps you in keeping up with the latest trends, so you don’t miss out on anything and can take decisions in a lively manner. Risk management tools have also been added to help traders in minimizing their risks and maximizing their profits.
To be able to access a broker’s platform, tools and services, you will first have to go through the registration process. If you have read any of the stories shared by other online traders, you would certainly be nervous because there are some companies that are known to make this process time consuming and complicated. They add in various forms, ask their clients to sign different contracts and have approval periods and other similar steps that can be extremely frustrating. You just want to start trading cryptocurrencies right away to enjoy the profits.
This is where EZDSK can prove to be an excellent choice because they have ensured that their clients will not have to deal with any such hassle. Their registration process is quick and straightforward and doesn’t take you more than a few minutes to get it done. You can start by visiting their website and clicking on the Register button on the top right. When you do that, it will automatically take you to an online form that you have to fill out. There are some very basic details that you have to share at this point, starting with your first and last name. You also need to enter an email address and choose a password, which will be used as your account login details.
Next, you have to select your time zone, country you are in and enter your phone number. You also have to choose an account currency and EZDSK gives you three choices, EUR, USD and GBP. Once you have entered these details, you will be asked to agree to the Terms & Conditions of the company. These are highlighted on their website and you can find them without any issues. Go through them once in order to know what you are agreeing to. Lastly, you have to confirm that you are at least 18 years old and have provided all correct and authentic information. Now, you can open your account with EZDSK.
Just like no two companies are the same, it is a fact that no two traders are the same either. Everyone has different skill levels, trading styles, risk tolerance and goals. They will have different preferences and comfort zones and would obviously want to find an account that suits their needs in the best possible way. If you take a look at most brokers, you will find that they offer a couple of options to their clients when it comes to trading accounts. The problem is that most of the time these choices are very limited, which can be quite frustrating. Fortunately, this is not a problem with EZDSK because they have tailor-made a total of six account options on their platform.
You can take a look at the choices and then select an account that is in accordance with your preferences:
Basic: The first account option is known as Basic and it provides very basic features to traders. It can be opened with a minimum deposit of just €1,000 and it is best for those who are new to the world of crypto trading. This account will give them access to a learning center, 24/7 customer support and daily market reviews. They will also be able to attend PRO webinars in order to polish their knowledge.
Bronze: The second account option that you will find at EZDSK is called Bronze, which is best for beginners with some knowledge and understanding of the trading world. It needs a minimum deposit of €10,000 and provides traders with an account manager to guide them through the ins and outs of trading. Plus, they can also get price alerts in this account.
Silver: Traders who have moved up to the intermediate stage will find the Silver account to be a good fit for them. They have to deposit a minimum of €25,000 for this account and they receive additional PIA trading signals in this account, along with features of the previous accounts.
Gold: Requiring a deposit of €50,000, the Gold account option has been developed to cater to advanced and skilled traders with some experience under their belts. They get access to a senior account manager and premium trading signals that can be immensely helpful during the trading process.
Platinum: The next account option that you will come across on EZDSK is referred to as Platinum and this one has been especially developed for expert traders. Therefore, the minimum deposit requirement for this account is at €250,000. Traders here have the freedom of getting a personalized trading strategy that can help them in making the most of their investments.
Black: The last account option that you can find on this platform is called Black and this one is reserved for professional and VIP traders. It doesn’t come with a minimum deposit requirement because it is not possible for traders to simply sign up for this account. If you want to open the Black account on EZDSK, you have to satisfy a specific criteria and you can find out more about it by speaking to your account manager. They will be able to provide you with details about what you need to do to open this account. It gives you access to every single feature offered by the brokerage, along with exclusive position access and even one-on-one training with market experts and professionals that can be quite useful.
After you have gone through the trading accounts offered to you and decided which one you want to open, you would obviously have to move onto fulfilling the requirements associated with it. This means you have to make the minimum deposit required, or deposit more if you want, depending on how much you want to trade. The question is how will you make these deposits? To complete this step, you have to know what payment methods are offered by a broker because you will be using them to make your withdrawals later on as well. Wouldn’t you want to get your hands on the profits?
The payment methods supported by a company can vary, so it is best to take a look and see if they are providing options that are convenient for you and are safe as well. EZDSK has added a combination of traditional and modern solution for traders, allowing them to choose the option they are comfortable with. You can make your payments through bank wire transfers, if that sounds more suitable. If not, they also allow you to use debit or credit cards for your deposits and withdrawals. Different cards are supported on their platform, including Visa, MasterCard and Maestro UK. You don’t have to worry about getting a special card just to use on their platform.
Some e-wallets can also be used for funding your account with EZDSK. The steps you have to follow are quite straightforward and it doesn’t take very long for your request to be processed. Deposits are usually very quick, while withdrawals can take anywhere between 5 and 15 working days to be processed.
When you are trading via a broker for the first time, there is a possibility that you may have some queries about their procedures. Similarly, you could also encounter a technical issue or may have some other concern that you need addressed. In such situations, you would obviously want to get in touch with the company’s team or representatives, so they can give you proper guidance. However, not all companies take support seriously, which can be disappointing. But, EZDSK doesn’t fall into the same category, as they have added several support options on their website.
They have a skilled and professional customer support team that’s ready to provide assistance 24/7. You can go to the Contact Us page on EZDSK’s website, which will provide you with a contact form that you can fill out with your query and they will give you the answers you need. If you don’t want to contact them this way, you can also use the email address they have given or give them a call on the phone number provided. Their representatives will address your issues as quickly and effectively as possible, so you can get back to your trading without any disruptions.
Once you have assessed these aspects of the broker, it is easy to see that EZDSK is quite capable of providing impeccable crypto trading services and can give you the right environment for it.