MDX500 Review
As a trader who was always interested in trading a particular financial asset, I had never paid attention to brokers that provided anything other than that asset for trading. However, only when you go out and explore the online trading world do you realize how diversified it is. I can tell you that online brokers that provide you with only one asset for trading are not your only options. I am specifically talking about MDX500 here, which I have found to be a broker that serves a variety of different trader audiences from around the world.
This broker is all about trading regardless of where you come from or which assets you are interested in trading. It can provide you with a trading platform that you will find easy to use. In addition to that, I can recommend this broker to my friends and colleagues because I have traded on its platform and felt pretty light and free while doing so. That’s not the feeling I got when I signed up with some other so-called cryptocurrency brokers. What makes MDX500 special for me and other traders looking to trade cryptocurrencies and more? Let’s look at those features.
| Broker | MDX500 |
| Website | https://mdx500.com/ |
| Account Types | Standard, Bold, VIP |
| Trading Platform | MDX500 (Downloadable on Windows, Android, iOS) |
| Minimum Deposit | $250 |
| Asset Index | Forex Baskets, Crypto, Commodities, Indices |
| Trading Tools | Live Forex Market, Economic Calendar, Trading Strategies, Forex Indicators, etc. |
| Education | Weekly trading sessions |
| Customer Support | Phone and Email |
| Owned By | Expand Solutions Ltd. |
| Website Language | More than 100 languages |
The Top Reasons to Consider MDX500
Variety of Asset Classes
You just have to figure out which particular asset you are interested in trading because this broker will provide you with all the amazing assets that you can think of. Are you a modern trader looking for a way to step in the world of trading digital assets? Well, you will not have to go anywhere because this broker has got you covered. You can trade Bitcoin and Ethereum along with some other amazing cryptocurrencies that have great values and future. In addition to that, you can also trade various commodities with this broker.
When you trade commodities, you are not limited to a particular type of asset. In fact, this category includes many different assets that you can trade when you sign up with MDX500. When you trade commodities, you have access to not only gas and oil trading but metal trading as well. What it means is that you will be trading gold, silver, and platinum as well. In fact, you have other soft commodities like cocoa, wheat, coffee, etc. included in this same category. Of course, you already know that you can trade stocks as well, which are the shares of the companies that you pick from a list.
However, the best thing about this particular broker is that it allows you to trade assets in the form of indices as well. This means, you can trade all your favorite stocks in the form of a basket. Interestingly, this is one of the rarest brokers that I have seen offering forex baskets as well. I haven’t usually seen any other brokers offering you this particular asset in this form. So, when you sign up with MDX500, you have endless options of trading.
Trade All Around
Trading is getting more and more ubiquitous as people from around the world are entering in this market one by one. You have many traders that belong to countries where they don’t even have huge buying powers. However, people understand now that they can make a lot of money from the comfort of their homes if they trade successfully. This is the reason you are seeing more and more people appearing in this market. Not just that, you have the number of brokers increasing too. Now, a lot of these brokers are people who are not very aged. They understand modern technology and the broker has to adjust to that requirement.
The broker cannot provide its trading platform on a Windows computer and think that it has done its job. As a trader in 2020, you have to provide your trading platform on smartphones as well. You will not have to worry about this particular option because this broker has its trading platform available on both the operating systems already. Whether you use an iPhone or an Android phone, using this trading platform will not be an issue for you at all. The broker is providing you with its own trading platform. You will have to download the software on your smartphone devices.
The best thing about an app that you have to download first on your device and then use is that it comes with a lot of speed. And that’s the thing you want when you sign up with a broker. If your trading platform is not fast, you could lose trades without any fault of your own in it.
Many Trading Tools
As you enter the trading world, you have to realize that the trading tools are an important addition to your life. Unless you make them a part of your trading routine, you will not be able to become a professional trader. Keep in mind that all the traders around the world use some sort of a trading tools. Now, if you think that a trading tool has to be something really technical, then you are mistaken. That’s not the case at all. A trading tool can be something as simple as feed coming from your broker telling you all about the current news in the market. This way, you can base your trading decisions on the news you get.
Of course, you can go for a variety of different tools that help you in different ways in trading. The best tool that I have seen this broker offering is the forex indicator. If you are into trading forex currency pairs, I highly recommend the use of this particular tool, if not any other. These indicators are different formulas and techniques that have been refined over the course of time to give you a complete picture of the market. Each indicator approaches the market from a different angle. Some give you different perspectives of the price point that you see on the graph.
On the other hand, some indicators will focus on the volume of trading. You have to obtain knowledge from all these tools and make sure that your trades are all organized and bound to be successful. In addition to that, you also have the live forex market tool available from this broker. That’s something I have not seen any other broker offering. You might have seen a broker offering one but not me. Look the markets you are investing in the way you want and then trade with confidence.
Protected Information
Before you sign up with this broker or any other broker that’s providing legitimate trading services on the internet, you have to make sure that you properly check the security features. I can’t recommend you a broker that does not have proper security measures in place. This is something I take seriously and I want every trader in the world to put this particular point at number one in their lists. Unless the broker you are signing up with has something to make your trading safe, you should not even think about signing up with it.
That’s the same thing I confirmed before I shelled out a single penny for this broker. The broker has proper SSL certificates installed on its website. In addition to that, every piece of data that you leave on the website is encrypted to help it become protected from any prying eyes on the internet. That’ something you can trust when you sign up with a broker. If the broker you are signing up with provides you with this feature, I say you go ahead and sign up with it. If not, I would say you should not sign up no matter how crazily amazing the features seem from that broker.
Trusted Broker
I might have brought this point into the list a bit later, but I have to tell you that it is just as important as any other point related to the security of your trading. When you sign up with an online broker, you have to make sure that the broker knows everything about the industry. In addition to that, if you are not sure about a few things that are making you skeptical about the broker, I say you check the experience of the broker in the market. What I mean to say is that you should check how long the broker has been in the market for.
If the broker has been in the digital trading industry for a long time, you can trust it. Why? Well, if the broker were a fraud, it wouldn’t stay in the industry for this long. It would have shut down already or been reported by someone to the police. If you are seeing a broker active and operating on the internet after many years, it is proof that it is safe to trade with this broker.
Now, when it comes to MDX500, I can tell you that this broker can offer you all the different trust points that you are looking for. For example, the broker is operating with a large number of repeating traders. What that means is that the trader that signs up with this broker stays with it for a long time. This broker is not always looking for new traders on its platform because most of its traders continue to trade with it for many years. In addition to that, you should know that this broker has A+ rating given to it by the best providers of trading services in the UK. That’s some achievement that I have not seen any other broker with.
When you sign up with this broker, you should know that you are being a part of a huge team. You are not signing up with some broker that nobody knows about. The broker has its traders from all around the world. In addition to that, 12000 is just the number that shows how many agents there are working for this broker.
Deposit and Withdraw with Ease
Will you like it if the broker you sign up with makes your life difficult with every withdrawal and deposit? It might sound a bit odd to you but after exploring many brokers on the internet, I can tell you that there are some that will make your life difficult during these processes. So, when you think about depositing money, you think of sending money to the broker, seeing this money in your account, and then trading with it. What I told you that some brokers will take huge commissions and fees from the amount you deposit? You will not like it but that’s true.
However, you will not have to worry about any hidden charges with this broker. All the details about all the withdrawal and deposit fees are there on the website already. You will not be surprised with any new information. Now, when it comes to using the methods of deposits, you can go with your credit card for fast deposits. If you want safe and slow deposits, you should go with the bank wire transfer option. Last but not least, with this broker, you can also go with the Skrill option.
Final Thoughts
So, here are some features that I think have become a great reason for me to sign up with this broker. I think they will be convincing for you as well, but that should not stop you from doing your personal research. I say you compare this broker to many others on the internet and only then make up your mind. It is your money and only you should take any decision on it. However, I have told you about a broker that I think you can add to your list of best brokers with ease.
