The global financial market is complex and has many complexities, so the skills of traders and investors vary greatly. These traders require different needs and must therefore be treated equally.
Platforms that focus too much on tools for professionals make it difficult for beginners and those who are not experienced traders to access them. Others will not cater to experienced traders and leave them feeling unsatisfied or overwhelmed.
PrimeXBTIt offers both professional and novice users innovative solutions. We will take a look at the platform’s award winning capabilities and show you the complete suite of tools included with your free account.
The Most Advanced Tools for Power Trading Professionals
All the necessary tools to succeed as a trader are provided. Short and long positions can be leveragedProfitability can be made a reality beyond what’s usually possible. The enormous number of assets can be used to build complex trading portfolios, which will help reduce capital risk and protect capital.
More than 100 different of today’s most popular trading instruments are available. There are many asset classes, including cryptocurrencies, stocks, commodities and forex. Built-inTechnical analysis These professionals can use tools to plan and prepare for their positions, and then react to the key points of support or resistance.
A margin trading account can be transformed into a strategy management account by the most skilled of traders. All performance metrics are tracked through transparent Covesting leaderboards. To attract followers, strategy managers need to rank highly via ROI. Strategy managers can get more income streams if they have many followers. They will be able to take a share of their trading profits from followers who copy their trades.
Innovative Investing Alternatives For Novices
There is also the flip side of the CovestingThe copy trading module is a community that copies trades made by skilled strategists. The top strategy managers are able to earn as high as 90,000% ROI while making their followers rich simultaneously.
Following can create a diversifying portfolio of assets that is similar to pro traders. This can reduce risk, increase profits potential and spread capital across several strategies. Followingers can also receive stop-loss protection as well as take profit tools, which limit the potential impact of drawdowns.
Users can also access most of the popular DeFi protocols from the PrimeXBT account dashboard via covesting yield accounts. You can get a variable rate of interest called an Yield account. APYBy staking, you can get a return on all your crypto assets that are not being used. Peak market conditions allow for a 14% increase in APY.
PrimeXBT: An All-In-One Platform For Everyone
Many of the features offered by PrimeXBT aren’t geared toward one type of trader or another. PrimeXBT offers a trading academy that is open to both professionals and beginners. It’s led by Dirk Hartig, an experienced trader.
PrimeXBT Contests, another benefit of the platform, is available to all. The platform offers a variety of opportunities for professionals to backtest their trading strategies and to compete in a virtual prize draw worth up to 100,000 USDT. No risk for novice traders. They can also learn by playing in an open environment. It is free to participate and there are new competitions every week.
Other essential tools that are helpful for all types of traders include the free PrimeXBT mobile app for Android and iOS smartphones, the company’s 24/7 customer service, and more. This wide range and all-inclusive approach allows traders to access global markets with ease. PrimeXBTIt is something that everyone should try, whether they are pros or novices.