HubbleBIT Review
Accessing the financial markets may have become easier with online trading, but they are still fraught with risks that you have to consider. They remain just as volatile, which means you can make heavy profits as well as hefty losses. Fortunately, there are a few things you can do to minimize the losses and boosting the profits and the broker you use for your trading needs plays a key role in this process. Therefore, this is one decision that you shouldn’t take lightly if you want to navigate the financial markets the right way. Checking out this HubbleBIT review can help you in making the best decision.
After all, doing a bit of homework ensures that you know what you will be provided and there are no hidden surprises or disappointments that you have to deal with. Just because HubbleBIT is a comparatively new forex and CFD broker doesn’t mean that it doesn’t know what it is doing. You can judge its effectiveness by going through its offerings below:
Top-notch trading platforms
The first most prominent offering of any broker is their trading platform and the one you find at HubbleBIT shows exactly how they can help you in navigating the financial markets. They have added the world-recognized and recommended MT4 trading platform, which is lauded for its sophisticated technology and superior trade execution. It is not just for professional traders, but also for beginners and intermediate traders.
You will also have the option of using the WebTrader, which is accessed through the browser and doesn’t require any downloading. If you prefer to trade on the go, you will discover that HubbleBIT has added mobile trading apps for your iOS and Android platforms for this purpose. No matter which trading platform you go with, they offer powerful trading tools, including advanced charts, live price data, trading alerts, and various indicators.
Opportunity for portfolio diversification
Anyone who decides to trade in the financial markets understands that there is a significant amount of risk due to the volatility of these markets. The best way to minimize this is via diversification, which means trading in multiple markets. The good thing about HubbleBIT is that it allows you to implement this risk-management strategy from a single dashboard. You don’t have to open accounts with several companies for trading in different markets.
Their asset index comprises of 250 instruments that are spread across different financial markets, allowing you to diversify your portfolio with ease. You will have the chance to trade forex currency pairs at HubbleBIT like EUR/USD and GBP/USD, stocks like Apple and Amazon, indices like S&P 500 and FTSE 100, commodities like gold, silver, and crude oil, and cryptocurrencies like Bitcoin, Litecoin and Ethereum.
Security of data and funds
Another aspect of a broker that’s relevant to your decision is their security and HubbleBIT has turned out to be very thorough in this area. They are familiar with the security concerns that people have when doing something online and they have addressed them with proper measures and policies. For instance, you can check out their Privacy Policy to know what information they accumulate and how they do it. They have indicated that your data will not be shared with anyone without your consent.
Most importantly, advanced SSL (Secure Socket Layer) encryption is used for protecting all sensitive and confidential data that you share with HubbleBIT to keep it safe. They also go with segregated funding options, which means your money is kept in separate accounts to prevent any misappropriation. Along with these measures, they also verify the trading accounts of their clients by asking for proof of identity and proof of residence documents. This is in accordance with international security policies like AML and KYC, known as Anti-money Laundering and Know-Your-Customer, and can minimize identity theft, money laundering, and financial fraud.
Last Word
With great customer support, educational resources, easy registration, various accounts, and funding options, and competitive pricing, HubbleBIT can help anyone navigate the financial markets the right way.
