Most brokers I have seen rely on offering you loyalty points to win your trust when you become an active trader on their platforms. I really admire this program where traders are rewarded for their loyalty and active trading. However, I also feel that this way of rewarding traders has become quite old and something new needs to be introduced. The broker that has listened to the call of my heart is InteracInvestor. In my InteracInvestor review, I will focus on how this broker makes your life easy when you continue to trade on its platform.
What I mean by that is that you are not rewarded only in the form of loyalty points. There are many other ways this company brings convenience into your life. You are surely going to find out when you read this review of InteracInvestor.
I have noticed that a lot of brokers like to make things easy for themselves rather than bringing convenience in the lives of their traders. I can say that because they offer you a specific range of leverage and keep it consistent in all of their trading accounts. For example, they will offer you leverage of 1:100 and it will be the same no matter which account you pick. The leverage you get with InteracInvestor continues to increase as you progress from one account to another. If you sign up with the basic account, the leverage stays at 1:100.
However, as soon as you upgrade to the higher account, called the Interac+ account, you will have leverages of 1:200 available to you. This way, you leverage continues to rise up as you move on to higher accounts. Eventually, the leverage reaches its maximum with the Platinum account, in which you have leverages of 1:600 available on your trades.
Shrinking Spreads and Swap Rates
Yet another thing you are going to admire about being a trader on this platform is that your spreads continue to shrink with time. The more you trade on this platform and grow to an advanced trader, the lower your spreads go. So, when you begin with the Standard account, which is the first account on the list, you will get Standard spreads. I do want to tell you here that even standard spreads from this broker are quite tight compared to other companies on the market. Next, you move on to the Gold account and get Gold spreads—which is another way of saying that your spreads will be tighter.
The same happens with the swap rates that continue to shrink with each account type. The higher you go, the less you pay as swap rates. In simple words, InteracInvestor is giving you discount on the swap rates that starts with 10% when you go with the Interac+ account. However, when you go as high as the Expert account, you will be eligible for discounts of up to 50% on your swap rates.
Expanding Training Resources
The way you learn trading will also get better when you stay trading with InteracInvestor. This is something I really like about this broker. It likes to offer you the learning that suits you regardless of your trading experience. So, when you begin your trading journey, you will get access to the education center wherein you will find all types of eBooks and videos. However, in the Interac+ account, you will also have access to webinars, including the live ones and those archived in the library. As you go higher on the list of accounts, you will also have one-on-one training sessions and consultations with trading analysts.
I am sure you get the gist of what I have tried to prove through this review. I think your trading journey should only become more enjoyable with time rather than becoming boring. There are not many brokers that focus on this point but I think InteracInvestor has created just the perfect system in which trading becomes better and more convenient with time.