Most trading activities involve complex procedures such as monitoring charts and plotting lines. Making these processes easier and more accessible is a sure way to attract retail traders. X-Fortunes provides an easy-to-use interface that ensures users can trade in a relatively simple manner.
On the flip side, retail traders with more professional knowledge can use a more complicated UI for their trading sessions. It boils down to what each user needs, and X-Fortunes ensures users can customize their trading experiences to suit their tastes.
Our guide examines the platform’s pros and cons while highlighting what users stand to gain. These merits and demerits will help new users evaluate if the platform is right for them or if they have to look for another more suited to their needs.
Merits
Mobile Trading App
The mobile trading app of the X-Fortunes platform helps traders stay connected to their accounts. Additionally, its seamless interface and unique design make it easy to use and improve users’ experience. The app allows users to perform various functions, including deposits, withdrawals, viewing live charts, and purchasing assets.
All these functions make it easier for traders to make decisions on the go and improve their portfolios without needing a desktop or PC. The app is available for iOS and Android devices and can be downloaded directly from the X-Fortunes website.
News and Market Updates
Get all the latest market updates right inside the X-Fortunes app. The updates are sent out as they happen, giving users an edge when they trade assets. Furthermore, users can customize the notifications so that the assets they have in their portfolios are given priority over other assets.
In addition, users can receive these updates directly to their email addresses to remain in the loop when they aren’t logged into their brokerage accounts. Finally, these market updates ensure that traders only need a third-party website for some of their trading news.
Zero Opening Balance
Users can open a new account with X-Fortunes without depositing a minimum balance. Therefore, new users can open a zero-balance account and start trading with it immediately. Furthermore, users can channel all their funds toward purchasing assets and building their portfolios.
This feature makes it easy for more retail traders to begin trading, especially those without much funds. Fees and minimum balances are barriers for many retail traders, and removing these fees will create a more inclusive trading environment. Finally, X-Fortunes ensures that its players have the financial platform they need to maximize their market investments.
Multiple Funding Options
Traders need to fund their brokerage accounts to buy and sell assets. Friction during this process can cause a lot of traders to switch brokerages for a better experience. In light of this, X-Fortunes provides its users with various options when they want to fund their accounts.
These options reduce the friction users experience and ensure that users will always find an option that suits their preferences. In addition, it gives users a seamless experience and improves user retention of the brokerage. Some options available for users include debit cards, credit cards, and wire transfers.
Demerits
Not Available in All Regions
The platform is only available in some regions. There are different reasons for this, but this drawback affects thousands of traders in areas where the brokerage is restricted. To get a clear picture of the currently covered areas, you should visit their website for a comprehensive list. If your area is currently covered, you can proceed to sign up.
On the other hand, you will have to wait till the service gets to your region if it’s not currently available there. The platform is always expanding its reach, so it may come to your area soon if it is currently unavailable.
Final Word
X-Fortunes provides users with a host of features that make trading fun for users. We have examined the pros and cons of the brokerage in our review and hope it helps you make an informed decision. For more details, visit the X-Fortunes website.
Disclaimer: This is a sponsored marketing content.
X-Fortunes article and permission to publish here provided by Sandra Phillipos. Originally written for Supply Chain Game Changer and published on January 23, 2023.
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