Fivoro Review – Is Fivoro Scam or a Proper Broker?

Fivoro Review

Are you in search of a broker whom you can trust with your money and time? Then you have come to the right place because today we will talk about a broker named Fivoro. This broker claims to offer some pretty good services now. Let us see in this Fivoro review what features this broker is claiming and if it is providing them to the traders. The world has progressed very rapidly. It seemed like yesterday when we were not familiar with computers, and the internet was not as popular as it is now. A few years back, when the internet was not introduced to the market, traders used to go far away to sell their products.

This made it very difficult for the traders because moving far away, and the products were not easy. But then the world was introduced with the internet, and it changed the dynamics of the world. Everything got connected, and the world started to become a global village. It has affected everything in human life, including trading. The traders who used to leave their hometowns before can now trade by just sitting in their rooms. Cross-border trades used to be so difficult even between neighboring countries. But through the internet, you can trade and invest in assets without having to be at that place where the seller or buyer is.

This invention has made human lives so much easier that there is no looking back. As it is the right of every trader, he can trade in this market. The best thing about this market is that there are no limits to trade in this market and who can’t. If you want to invest your capital in this market and earn profits, you don’t have to get approval from someone; instead, you can register yourself with a trading platform and start trading. If you are wondering, why do you have to be affiliated with a trading platform? Then let me tell you that this is the only way to invest in the online trading market.

This market can only be accessed by the platforms working in the interbank market, where all of these assets are bought and sold. As a trader, you can’t step into it independently. But you must choose your trading platform wisely. There are many types of trading platforms, but the best option for a trader is through brokers. Some traders might disagree and prefer trading through other trading platforms, but let me explain why this is the best option. The different platforms offering their services in this market are just providing you a place where you can buy or sell your assets.

This is good for the traders who have a lot of experience and want to use their skills and analysis on the market. New traders lack the knowledge and skills that experienced ones possess. But we are not here to dishearten new traders. Instead, we are here to support you with the best that we can. This is why I am saying that it is best for new and experienced traders if they work with a broker. You want to know why? It is because a broker does not only provide you with a place where you can trade your favorite assets just like other trading platforms, but a broker also provides you the support that will help you with your trades.

Imagine you have joined the market and are new to this market. You will be confused and don’t know where to invest your money correctly. This is why most beginners lose their money because they think that they have learned the skills or are born with them but eventually, when reality kicks in, they lose everything. But a broker will never let this happen to you; Wait and let me correct myself. A good broker will never let that happen to you. Now that you know why you should choose your broker wisely, you are aware of the consequences of getting registered with a bogus trading platform.

Let me tell you how you can find a good broker and what you should keep in mind while choosing it. When you search for good brokers, you will find out a lot about them. Some of them are pretty amazing, while others are just manipulating inexperienced traders. But it is your right to research a broker before joining it. The most important thing that you should keep in mind is that brokers offer different types of services and features. These services and features may appeal to one broker, and others would hate it. To avoid such a situation, you need to get registered with a broker providing what you want.

Imagine if you are an inexperienced trader and want to learn the basics of the trading market. You get registered with a broker who has designed its platform for advanced traders with complex design and advanced trading tools. Are you going to get used to it? This is why you should always focus on your demands rather than compromising on the big names even if they are not offering the services you like. But how can you find out if a broker is good? For that, you will have to research it. It may seem very easy that all you have to do is lookup for that broker, but trust me on this one, it is not as simple as that. There are different types of opinions regarding one broker, and it is tough to verify what is right and what is wrong. To make it easier for you, I have researched this broker named Fivoro and have gathered the information. Here is a compiled list of the features that Fivoro offers.

A User-friendly Trading Platform

When you start trading with a broker, the first thing that you experience is the trading platform. The software offered by the broker through which you can manage everything related to your trades and account. Can you imagine how important this feature is? If you can’t, let me tell you that you will be using this platform almost every day if you are a day-to-day trader. The only thing that will be on your screen all the time is this interface. So this has to be perfect and appealing for you, right? Fivoro has done that by designing it in a way that welcomes traders of every type.

The design and layout of this trading platform are unique, and it just pleasures your eyes when you look at it. The use of solid colors and combinations is just so cool that you will keep on looking at it again and again. Unlike other brokers, which provide you a platform where you think that you are using an outdated trading platform, this platform is different in that manner. Then there comes the usability of this platform. It is surprising how well the team of Fivoro has designed its platform. No matter if you are an experienced trader who requires trading tools and complex techniques which can help you with your trades, or you are just a beginner and want to learn the basics.

The trading platform of Fivoro is suitable for almost every type of trader. This is because the interface of this platform has been kept so simple and user-friendly that anyone can use this platform without facing any difficulties. Similarly, if you require much more advanced features and tools, those are also available to be used at their own place. This way, nothing feels unorganized, and you feel like you are working with a professional and good platform. As a trader, you should keep this thing in mind that the trading market is just like a moving train. It will never stop at one place for long. If you want to take full advantage of this market, then you should be available 24/7.

When we look at the experienced traders who have been trading for years now, all they tell you is to be patient in this market and always be available. If you are not available in the trading market, then you may miss out on so many opportunities which could have changed your lives. For that matter, Fivoro is offering three different types of trading platforms. Yes, you heard it right. One broker is offering three different types of trading platforms. This allows traders to trade from anywhere they are. The first type is the Web-trader. This platform is a web-based trading platform where you don’t have to install any software or applications and wait for them to download.

Instead, you can sign in to your account and start trading. The second type of platform that Fivoro offers is Mobile trader. This platform is designed for traders who are using mobile phones and want to trade through their mobile phones. This platform is optimized to give all the features of a web-trading platform on the mobile phones of traders. Now, if you are sitting at your home or traveling somewhere, you don’t have to miss out on anything because Fivoro is offering you a very portable trading platform. Other than these two, there is another platform designed for computers as well which is named Meta Trader4. This platform adds to the performance of web-based trading platforms and gives you even more optimization for your laptop or PC.

Safety And Security Policies

Security is the major right of every trader. When brokers ask for your information while you are registering, they are bound to keep it safe, and in case of any mishap, the only person that is responsible is the broker. You can blame your brokers for the loss, but will that bring your money back? It is sporadic that the traders who got scammed can get their funds refunded. So what is the best way to counter the situation? It is by preparing about it from before. Unfortunately, many brokers are not paying attention to this point besides the increasing cases of scams and frauds in the online market.

Fivoro has decided to take a step and launch its platform, which includes all the security features that will help traders to trade efficiently. The first thing that Fivoro has done is the infusion of encryption technology. There have been a lot of cases where traders have lost their sensitive information. The hackers are so well-trained that they hack into a trader’s account and steal all of their data, and after that, they ask for the ransom or leak the data or sell it. Fivoro has decided to restrict these trouble mongers by infusing the latest encryption technology to counter this situation.

Don’t you know what this technology is? Then I assume that you are not a tech nerd like me, but I will tell you a bit about it anyways. Encryption technology keeps all of your data inside multiple layers of passwords. These passwords are randomly created by the system and make it almost impossible for hackers to access the data. This technology is so safe that even the broker can’t see your data, and this is why the cases of scams decreased after the infusion of this technology. The second step that has been taken by Fivoro is the privacy policies. You all must be aware of this thing but if you are not then there is nothing to worry about because I will tell you.

There are different financial regulatory authorities who are working in the online market. These authorities have designed some policies which will help brokers to restrict any illegal activity from happening on the platforms. The first policy is the KYC or Know Your Customer policy. This policy requires traders to prove their identity and residence through some legal documents like a national ID card, Utility bill, credit card bill, etc. If you wonder why the platforms ask for these documents, then KYC policy is behind it. The second policy that Fivoro adopts is AML or Anti Money Laundering Policy. This policy is responsible for restricting any illegal activity from happening on platforms like money laundering. There have been a lot of cases reported, and traders have laundered their money using these platforms. This caught the eyes of the authorities, and they have designed this policy which will affect platforms to keep an eye on the transactions that a trader is doing. All of these features and policies work together to give you that ultimate peace of mind while you are trading.

Trading Products Of Fivoro

Different traders have different preferences. You can’t assume that if one trader is willing to invest in one asset, then others will want the same. Everyone has different opinions and strategies in their minds. If a broker is offering one market, then the traders who are interested in trading only that asset will join the platform. This will reduce the quantity of the target audience of the broker. But if a broker is offering multiple trading markets, then it will be able to cater to various types of traders. Fivoro is doing the same thing and is offering its services in different markets. These markets have potential in them. This is why they made their way up to the listing of Fivoro. Following is the list of markets that are offered by Fivoro.

• Stock market

If you have been trading for a while now or kept an eye on the trading market, then you would probably know that the stock market is one of the oldest markets in the history of trading. There are millions of traders who are willing to invest their capital in this market, and this is why most of the traders prefer investing in stocks. If you don’t know about the market, then let me tell you that in this market, traders buy the shares of a company and get the respective percentage from the profit that is earned by that company. If you are interested in investing in this market, then you can do that very quickly through Fivoro. There is a wide variety of trading assets listed under this instrument.

• Commodities

This is trading that is not new to the market. If you know about the trading of different raw materials like wheat, rice, grains, then these come under soft commodities, and you can trade them online as well. There is another section of hard commodities as well, which includes hard and precious metals like silver, iron, steel, etc. if you are among the traders who want to invest in this market, then Fivoro is the best platform that allows you to trade commodities just at your home.

Then there is another market named indices as well, which is offered by this broker. The best thing about trading with this broker is that it is offering you CFD trading. This means that you can trade through leverage. This feature allows traders to buy an asset with minimum investment, and the rest of the cost to buy that asset is covered by the platform. The profits that you earn are then divided according to the percentage of the investment that you and the broker made. If you are interested in trading any of the offered markets, then you should check out the platform of Fivoro to learn more about them.

Final Thought

I have given you an overview of the features that are offered by Fivoro. But this is not it; there are many other features that are provided by Fivoro which I couldn’t include in this article because it will make it very long. But if you ask for my recommendation, then I would say that if you are looking for a good broker, then Fivoro is a perfect option for you which you should consider.