SwissUnion reviews: what a trader should look for when choosing a brokerDwain Ross 16 / November / 21 Visitors: 89
There is a method that can be very effective in helping you make the right decision. Before deciding in favor of a forex brokerage company, consider the questions below.
What bonuses and promotions does the company offer?
- Company standards for leverage and margin requirements.
- Customer support: reliable, efficient and available
Each of these points is critical. To avoid misunderstanding in these statements, we invite you to review their details below.
In this material, we will learn how to look for a good broker and analyze your investment strategy. We take SwissUnion reviews as an example.
SwissUnion reviews: 1. Bonuses and promotions
Bonuses and promotions are sometimes a key factor in determining a trader's choice of a forex broker. These days, the more popular and attractive brokerage firms not only offer good trading conditions, but also have additional incentives.
Usually, special advertising packages are developed for all types and levels of traders and depend on the amount of their investments, the frequency of trading, and knowledge of aspects of forex trading.
SwissUnion.net reviews say that bonuses and promotions not only attract traders to cooperation, but also allow a trader to get additional benefits.
SwissUnion.net reviews: 2. Trade execution policy
Some forex brokers are known offering high levels of leverage, which seems attractive to traders with aggressive strategies. At the same time, we note that high leverage is acceptable for traders with significant experience in the market.
High leverage can lead to large profits, but at the same time it is much more risky. Traders with a conservative approach should look for offers with moderate leverage. Another important aspect is that some brokers offer fixed leverage, while others have tailored it to a specific currency.
It can be important for a trader to understand these specifics before starting trading with a real money account.
SwissUnion.net reviews: 3. Quality of customer support
Quality customer support is one of the key services of any broker. Many brokers provide 24/5 support to meet the needs of their traders for help at any time. In addition, the set of languages offered by the broker is a benchmark showing how active a broker is globally and whether the company is inclined towards a multilingual trading community.
The broker's website should be clear enough to describe the main situations that may arise during trading. With the correct explanation, the issue can be solved and eliminated by the trader right away. Of course, not all cases correspond to the FAQ section on the site, and therefore a professional support team ready to assist the trader at any time is critically important.
At this stage, it will be appropriate to focus on the communication tools offered by the broker: this is an added advantage if the broker communicates through different media: phone, chat, email, and this will be an additional advantage. An asset if the trader knows the name and position of the person in charge.
It is recommended that the trader check the effectiveness of the broker's support at an early stage, when trading on a demo account, in order to minimize monetary losses. It is optimal to know in advance the level of competence of the broker's staff.
SwissUnion reviews say that the company meets all the criteria for a decent and reliable company for cooperation.
What do customers say:
“Here I am 100% sure that you will receive your money. And the commissions will be removed from you exactly as much as it is written in the tariffs, they will not expose anything additionally. A lot of good things have been said, and all this is true. But technical support is unfairly bypassed in reviews. And she is really competent. Even when I was just starting out, I often talked with them. And they even know how to explain everything clearly and to help completely green beginners. "
“Although reliability is the main characteristic of SwissUnion, the convenience of work is also important for me personally. This is provided in full here, orders are executed instantly, quotes are updated without delay, the depot can be replenished quickly, there is no delay with the appearance of financial news either. "