3 years back, Bitteks made it to my life and rescued the struggling trader in me. Although I have been associated with trading for the past 10 years, these past 3 years have not only helped me maximize my profits but also helped me evolve as a trader. The optimal trading environment which Bitteks provided me with proved to be extremely beneficial to me.
If you are a struggling trader or someone who is new to the profession let me tell you that imposters and looters are all set to trap you. Wherever you go or whatever sort of decision you wish to make there are a few things that you need to keep in mind. Let’s run through them quickly
- Always survey the market
- Go through possible legalities
- Carry out a thorough risk assessment
- Ask yourself over and over again, “is it worth it”?
When you survey the market and try to get what are popular opinions regarding associated matters, you get an idea of what factors to keep under consideration. When you feel like you have developed know-how of it, you can now decide what factors are that you cannot compromise on and what are the ones that are down on your priority list. Keep in mind that there is a low probability that you will get everything that you wish for, but you can always make the most of it.
It is also recommended to run through the associated legal aspects. This is to help you see the legal status of your decision. A lot many people take advantage of the reluctance of customers to read the legal stances. This habit can cost you millions of bucks. If you are not an expert yourself, you can always hire legal help.
Carrying a risk assessment is another process that has a lot to do with success. This happens to be a part of planning. When you evaluate the possible losses associated, you calculate quickly if the risk is worth taking or not and where you will stand if things do not go write.
After you feel like you have landed somewhere, you need to ask yourself if you should go for it. It is great to go with the gut.
All these tips have allowed me to grow and thrive as a trader. My cousin told me about Bitteks and after this recommendation of good forex went through all these filters, I was ready to formally sign up for the platform. When you have a large fortune that you are about to entrust someone with, there is always fear but Bitteks helped me overcome all such feelings in no time.
Being a trader, I felt early on that I had to sign up for a good forex firm because it had emerged as a need of the hour. Before signing up for Bitteks, I had been associated with other forex firms but I had to give up on them for one reason or the other. In this review, you will see what has made me stick to Bitteks for this long. I hope you take up points that you need to look for in a reliable online brokerage firm.
Here Is What You’ve Been Looking For
Bitteks is a one-stop solution for all your trading needs, from professional tools to welcoming administration, nothing will disappoint you. All these years, I’ve felt that their claim of commitment to provide an optimal trading environment is true to a large extent. They help customers make well-informed and thoughtful decisions. I am a frequent user of the charting features and it helps me efficiently perform my desired operations. Also, the bar on the landing page helps me stay updated about the ever-changing market situation. Not to mention the fact that it lets me trade in crypto, commodities, currencies, and indices.
The 200- tradable assets at Bitteks have allowed me to expand my portfolio like never before. No opportunities can escape your hold with such a wide range of options that you can provide your client with.
Bitteks has a large clientele that spans all over the globe. This means that the forum has to deal with traders which have various backgrounds in terms of experience. Keeping this fact in the mind, the website and all the processes have been designed in a way that they are self-explanatory.
In order to open an account, you go to the main page. On the top right corner, you’ll find an Open Account button. Click it and you’ll see a simple form. All you need to do is fill it up with basic information like your first and last name, phone number, country, email, set a password, go through the important documents and you are good to go.
Time ToPick An Account
When signing up for silver you might feel like “I wish I could go for the VIP one” but trust me VIP does not suit all. Most of the traders know that there is no standard in trading. Someone might find something perfect and according to needs and the other might find it too much or too little. Bitteks ensures that you don’t over or underpay. And whatever you pay for, you get the best out of it.
For this purpose, they’ve come up with a total of four accounts
It is the most basic of all and requires an initial deposit of €250. Although it has limited features, it suits the needs of young traders usually. I know this might be a large sum for some traders who are neophytes. I also am aware of the platforms that let young traders open free accounts but they don’t give you access to features you get here. But even then, I would love to hear if Bitteks agrees on giving you these for free. This account gives leverage up to 100 and lets you use 200+ tradable assets. You can also get the market review.
Gold account is the next one. It requires a minimum deposit of €10k. For Gold customers, you get leverage up to 200, Gold spreads, bonus funds, and an account manager to help you out through financial problems. Also, the monthly webinars are popular among traders for the way they keep you updated. You can always upgrade from silver to gold when you feel like your business requires more.
Platinum follows Gold. It requires a deposit of €50k. In addition to what you got in a good, you get upgraded leverage of 300, Platinum spreads, trading signals, and weekly webinars. I have been a user of the Platinum account and I am satisfied with what the account gives me for a small amount of money.
You cannot sign up for a VIP account unless you’re invited to it. It gives one VIP spreads, leverage up to 400, complete access to Trade Rooms Analysis and webinars, and much much more.
You can visit the website to go through the easily presented specs of each account and pick one according to your need.
Interface and Theme
The web portal of the company is incredibly simple and live I’ve said before very self-explanatory. You don’t have to keep fumbling on the site in fact everything is well placed and runs at a good speed. Also, one commendable feature is the Bitteks logo at the top of all pages which lets you go back to the home page quickly. But there’s one thing which my eyes are not pleased about. It is the blue-black drop. I know many traders find it very contemporary and professional but I get a hard time working with the dark blue backdrop. Although the white text is visible sometimes it becomes very frustrating and hard for someone like me. I wish the company would add a button that lets you pick between dark and light themes.
Helpful Customer Care
No matter how experienced you are as a trader there is always something that holds the potential to give you a headache. To avoid this, Bitteks has provided its users with a very welcoming customer care department. They are always looking up to solving your problems and addressing grievances. To get in touch with them, open the main page and click the prominent contact us option. It will take you to a pop-up form that will ask you for your name, email, and the message you want to give. You can attach files to convey your message across properly. Send it and wait for the representative to get back to you in no time. There’s another way you can contact the administration. Open the 3 bars menu at right, and go to contact us. It will take you to a page where you can submit a question directly, phone, and even email.
Here are some of the shortcomings which I would like to be addressed soon. This contact us option is hidden in the menu, it should be on the main page, also chat and phone should be available 24/7. A universal number should be added so customers outside Australia and the UK can get in contact through the phone.
I have put forth a small account of how my venture with Bitteks looked like. But it was beyond the scope of this review to out everything I get on Bitteks. One can only experience it if they sign up for it. I hope you have an idea by now that what qualities make a platform perfect for a long-term partnership.
Disclaimer:This review has been written from my own experience and self-knowledge and this is not a recommendation.