It is not surprising that BrightFinance has over the years gotten some well-deserved accolades. The services they have been able to provide to a large customer base have earned them a place of honor. Awards such as The World’s Best Financial service provider’s investment awards in 2009.
The biggest challenge for a budding trader in the digital market is finding and choosing the platform that can guide them from the amateur starting point and all its hassles to becoming the experienced trader. Anyone with the littlest idea about trading knows the unpredictability of the market so it is only reasonable that if you are new around the block, you should choose a trading platform that makes plans to protect you from rainy days. One of such trading platforms that have gained popularity fast for the aforementioned reasons is BrightFinance.
BrightFinance is a digital trading broker that provides an array of trading options to its teeming clients and customers. This platform is dedicated to making sure that their customers achieve their objective as concerns finance. Over the years, BrightFinance has provided digital trading services to both budding and experienced traders, to traders affiliate to institutions and also retail traders. They have become a trustworthy brand that has been dynamic enough to catch up with the ever ending advancement of technology because of their flexibility.
Ranking at the very peak with other brokerages and digital platforms, BrightFinance has influenced digital trading greatly by setting the pace that other platforms are still trying to catch up to in the world of financial technology. Amid a lot of other choices of platforms, BrightFinance still has a large following of customers who prefer it over other platforms and the reasons are as clear as day. Experienced traders are jumping ship from their previous platforms to BrightFinance while the newbies are learning that it is the place to be for them.
This review is not an attempt at praise-singing but an exposition on what it is like to make use of BrightFinance as a newbie or as an experienced trader. Some facts are evident to the services provided by this platform for its large customer population. This review seeks to point out everything about the digital trading and financial services provided by BrightFinance. BrightFinance is very concerned about giving the best services to their customers. Here are some of the services offered by BrightFinance and what makes their platform what it is.
At a glance, this is what BrightFinance is;
|Minimum initial deposit||$250|
|Leverage/Margin Requirement||Based on the trading instrument and limited with 1:30 max|
|Trading instrument||Majors, minors, exotics, metals, other commodities, indices, shares and cryptos.|
|Trading technology||Activ8 (windows, iPad, iPhone, android platforms)|
|Account types||Standard account, bold account, VIP account|
|Common Instruments||Forex basket, indices, commodities, crypto|
|Tools||Trading analysis, economic calendars, live forex market, ‘become a better trader’, global economies, trading strategies, forex indicators.|
Why was BrightFinance launched?
As mentioned earlier in this review, BrightFinance is all about client satisfaction. A lot of advancements have been witnessed in financial technology and surprisingly, an alarming number of traders, institutional investors, and retail investors were not offered the opportunity to use this technology as a tool towards achieving their financial goals. BrightFinance was founded in mid-2008 by David Hudson and Jeremy Hudson, brothers who strongly believed that the large population of traders deserved better digital trading services. Bordering on abnegation, the aim of launching BrightFinance was selfless and was about providing premium services to the teeming number of customers that they have gathered over time and taking these clients closer to their financial goals with the use of financial technology in the financial market.
BrightFinance was mostly focused on Forex at its beginning but began spreading its tentacles over the years as improved technology, varying customer needs, and the market began to expand with the invention of cryptocurrencies.
Time has set the platform apart from the others. It is now one of the frontline platforms and the reason is simple- BrightFinance does not stop seeking out recent financial technology. They are also very flexible and this makes them adapt to whatever the nature of the market is at a particular point in time. BrightFinance provides the type of User-Interface that anyone can not only access but understand as well. Customers can access and assess their accounts easily and from any location whenever and wherever they want to. The BrightFinance mobile application and web mode are all simple enough to be used by anyone but also advanced enough to provide sophisticated digital trading services.
What are the peculiar features provided by BrightFinance?
Peak trading platforms
People want to be able to trade from anywhere and anytime at all. This was not always possible in the past but BrightFinance understands that in this digital age, a lot of traders want to be able to enjoy trading flexibility on platforms. This means that it is no longer acceptable to them to only have to trade and access their accounts on a desktop or something immobile. The use of mobile applications like the activ8 makes it very easy for traders to get updates on the market, check signals and compare their trades with others. The opportunities on these platforms are limitless. A trader can get enough information from indicators that will allow them to make informed decisions from their analysis.
The web mode is not difficult to access and does not limit a trader to certain devices as you can access the web mode with any device or browser that you can connect to the internet with. It is best enjoyed with speedy internet browsers even though it allows all browsers access.
Protects customer information and funds
Every trader is worried about one thing and one thing alone which is their money. They always want to know if their money is protected. The next most important thing to them is the information that they provide during registration to the platforms. With BrightFinance you are guaranteed the safety of your data and also your funds. Your data is coded so that no one can reach it for any reason at all. BrightFinance prides itself as a platform that is immune to e-thieves. Your funds are stashed away in a manner that makes it almost impossible to reach. With these guarantees and almost no complaint whatsoever of loss of funds or personal customer data, traders now appreciate the safety of trading and transactions offered to them by BrightFinance. Once these vital worries have been dealt with, a trader can begin to trade and invest with peace of mind.
Training and Demo options
For most people trading is like swimming for them. They have to test the waters to get some confidence. BrightFinance is peculiar because they offer training courses and materials that will help a trader to get better in the business. Customers are trained in specific areas that will develop their trading and investment skills greatly. Areas such as Strategy, Cryptocurrencies, and assets are covered fully in training courses. You are also equipped with a demo account that gives you the feeling of the real thing while you get ready to put in some real money. This extra mile to educate and train customers is another reason why BrightFinance is in a league of their own.
When the training is complete, the customer should be able to monitor the market, formulate strategies that will help them make the most out of volatile market situations. They also learn to study charts and analyze them so they can make informed decisions and predictions as well. Most people think that this training course is something they have to break their banks to afford but BrightFinance offers these training services for free with no restrictions on their website. They are on the customer’s side. Regardless of a trader’s experience, they need these training materials to stay sharp while a newbie needs it to get a hold of the ropes. With these training materials, you get updates, news and every piece of digital trading information that will be useful to you through your emails, phone calls, and text messages.
Best assets and commodities
Your trader or broker is useless to you if they cannot point you and provide you with access to assets and commodities that you can trade on. BrightFinance offers its customers unlimited access to Contract for Difference which will help them to make informed guesses or predictions in the market. A broker that provides such services for their customers has helped them reduce risks while equipping to make much more profit.
BrightFinance tells you about the best cryptocurrencies to trade on. It informs clients of what is real and what is not, what is more, profitable in the long run. Bitcoin, Ripple, and Ethereum are always the go-to commodities and BrightFinance offers news on its platform about cryptocurrencies.
Round the clock customer service system
There is always the possibility of an unexpected occurrence during transactions or trade. It could be during an exchange or withdrawal, registrations, deposit of funds or any other customer-related issues. When these things happen, customers always feel the need to call for virtual assistance or help and there must be a reliable system for them to communicate. BrightFinance provides its customers with a dependable customer service line. Aside from having a very user-friendly UI that is easy to navigate, BrightFinance has the option of a live assistance option to chat with a representative that will help the customer. A customer can reach this representative with an email or even a phone call when they cannot hold a live chat. A customer that requires information can easily access it on the BrightFinance social media outlets. These arrangements make it easy for any customer to handle their business and make every complaint and make every inquiry that is necessary for them to handle their business on the platform.
Amazing trading tools
TRADING ANALYSIS: BrightFinance always provides information that helps their customers make very informed decisions and make transactions laden with analytical accuracy. They do this by providing detailed charts with patterns of prices of the commodity. This tool compares the data from the past transaction of a commodity and helps the customer make informed predictions by providing data from charts such as bar charts and pie charts, candlestick charts and trend lines.
CALENDAR: in the financial community, every event plays a role in the outcome of transactions. It is always important to be aware of all the happenings and occurrences around the world that might play a role in the price of commodities and assets. BrightFinance understands this importance and for this reason, they provide an economic calendar to help a customer to monitor events around the world that might affect their trades. The calendar is so detailed and organized in a way that just with a glance a customer can find what they are looking for. Characteristics such as current time, schedule, imparted currencies, and events as well as other such data are important and are provided in the economic calendar by this broker.
OSCILLATORS AND INDICATORS: oscillators are very important in predicting the price of commodities in forex. Indicators are used to calculate for oscillators hence the relationship. The results from adopting and making use of these technical analysis tools cannot be overemphasized. Customers depend on their brokers for oscillators and indicators to help them make informed decisions in the market.
There are varying types of accounts provided by BrightFinance to its large number of customers who of course have different financial backgrounds, financial needs, and capabilities. The broker provides sufficiently for different needs. Catering to over fifty thousand people from different parts of the world with different trading accounts is one of the bragging rights of BrightFinance. These accounts include;
THE STANDARD ACCOUNT: this is the fundamental account provided to every type of trader regardless of their expertise and/or experience in the market. The least that can be deposited into this account is a quarter of a thousand dollars which is two hundred and fifty dollars if a customer is making use of the activ8 platform. A customer is allowed to leverage up to about 1:30 maximum with a marginal call of eighty percent. The account comes by default with professional support and account management. All information needed in trading is provided to the customer as well.
BOLD ACCOUNT: the minimum deposit for this account type is well over that of a standard account. Where standard account boasts of $250, the bold account allows for a minimum of $3000. Just like the standard account, the bold account allows for a leverage of 1:30 maximum and a marginal call. Where the standard account holders enjoy professional support, the bold account holders enjoy even more assistance from more experienced professionals such as senior account analysts.
VIP ACCOUNT: with a minimum account deposit of about $12000 against the standard account’s $250 and the bold’s $3000. It shares the same max leverage of 1:30. The professional assistance enjoyed by these account holders trumps that of other account types and the reasons are obvious. The VIP account is for people with much more at stake so they are guided more.
BrightFinance trading platforms
BrightFinance adopts the technology that allows their customer to make transactions from anywhere while on the go and at any given time. Traders also can emulate the trades of others. They can access their accounts from any device that supports internet access.
Mobile Trading: as mentioned earlier, users can access their accounts and monitor transactions from anywhere they are located. The use of the Activ8 trading platform allows smartphone devices such as androids and other such devices.
Bonus offerings a customer will enjoy with BrightFinance
There are a lot of beneficial programs that the customer can enjoy from BrightFinance. The broker makes sure that every customer enjoys the best services and more. For a customer to enjoy such benefits, they must own an account with the minimum allowed funding. Some of the best bonus offers to include;
Access to accounts and transactions from anywhere in the world:
The broker supports mobile technology trading. So a customer enjoys the absence of rigidity in control of their account.
As a customer, you are not sentenced to using a particular type of account for all eternity. You can move from the standard to the bold and the VIP account whenever you want as far as the requirements are met.
There is access to professional support which helps the customer manage their accounts and transactions effectively.
The customer has at their disposal, countless tools and instruments that will help them make informed decisions on the trading of commodities and assets such as cryptocurrencies, metals, and forex.
BrightFinance employs up to date technology. There is always ease of depositing and withdrawing your funds with the use of bank cards.
- There are countless currencies and available cryptocurrency pairs
- You can contact customer assistance with emails, text messages and live chats.
- There are a lot of financial training programs that will turn an amateur into a professional over time.
- The mobile apps and website are easy to navigate as they have a friendly interface for users
BrightFinance awards and achievements
It is not surprising that BrightFinance has over the years gotten some well-deserved accolades. The services they have been able to provide to a large customer base have earned them a place of honor. Awards such as The World’s Best Financial service provider’s investment awards in 2009 when they were fairly new to the market. They have also been awarded The world’s best global corporate for employee treatment investment trend in the same 2009. Other countless awards line the cabinets of BrightFinance for their services.