Active traders want a brokerage partner equipped with all the tools they need to trade professionally. Unlike passive traders who buy and hold, active traders monitor the markets and actively add and remove assets from their portfolios. TraderActive prioritizes active traders by ensuring access to the markets and a mobile app for traders who wish to execute transactions on the go. It is a full-service brokerage that guarantees users 24/7 access to transactions and their portfolios.
TraderActive is a good brokerage partner for active traders. Why? We look at the features and benefits of the platform in this review of TraderActive. Are you dissatisfied with your current brokerage or looking to enhance your experience? Whatever your needs as an active trader, TraderActive is the right place to conduct your transactions.
Advantages of TraderActive
TraderActive is a brokerage platform that has created a seamless platform for traders to enjoy. Here are some of the benefits traders can experience when using TraderActive.
Fractional Asset Purchases
● The biggest advantage TraderActive offers users is the ability to purchase fractional units of assets. This is useful for many reasons, and traders love platforms that offer this feature. On one hand, users can use it to test the trajectory of an asset before committing a large amount to it. Another use of this feature is acquiring an asset in small quantities over time. This is done because some retail traders may not be able to purchase a full unit of an asset, especially if the price is high.
Educational Material
● Users have access to educational materials that help refine their trading skills. These resources cover all skill levels and are very useful for beginner traders looking to improve their skills. They can learn and trade simultaneously without leaving the app. Additionally, traders can download the material from the platform for future access. TraderActive is committed to enhancing the trading capabilities of its users and equipping them with everything they need to build solid portfolios.
Demo Accounts
● TraderActive provides demo accounts that traders can use to hone their trading skills without the fear of losing money. This is directly linked to the educational materials provided. As traders study the materials, they can use the demo accounts to test their theories before deploying them in a real market. Users are free to switch from their demo accounts to their real accounts at will. Demo accounts are free with every opened account, and traders are not obligated to use them. It is advised for beginner traders to use demo accounts to familiarize themselves with trading before starting on real markets.
No Transaction Fees
● The platform does not charge transaction fees for trades conducted on its platform. This is a major issue for traders, especially if they perform numerous trades at once. Active traders would find this quite inconvenient, which is why TraderActive has eliminated these fees to ensure users get more for their money. To make money, TraderActive charges users low fees, enabling it to continue to provide quality services to its users.
Responsive Mobile App
● There’s no active trading without an app, and TraderActive has created a fully responsive app that traders can use anytime and anywhere. The app is available on iOS and Android devices, including tablets. Users of the mobile app have access to all trading tools and educational materials. Plus, they also have full access to the financial markets available on the platform. Traders who have busy daily lives can take advantage of the mobile app to trade while engaging in other activities.
Conclusion
The TraderActive platform provides active traders with a robust ecosystem that allows them to trade using advanced tools and efficient systems. It also offers traders the necessary learning they need and a demo account to practice what they have learned. It is a brokerage site for traders who are constantly on the markets and want more than a passive grip on the market. Visit the TraderActive website for more details.
