This was our first time at NiroTrade and we really liked what we found! Their trading platform is an industry leader and provides traders with an unbeatable range of indicators like Bollinger bands, MACD, moving average, patterns, Japanese candles, pivot points and markets trends. All trading is with real time pricing and there is high leverage available on most assets. The professional customer service team is on call 24/7 (better availability than most brokers) and they are keen to get involved and help new traders. We found the deposits and withdrawals to be fast and convenient and were impressed by the size and quality of the education center. There are some great ebooks and VOD courses, as well as daily news, videos and other analysis. Our security analyst checked out the site and gave it a 5 star rating for the Comodo SSL and commitment to trader privacy.
With the current exception of the US and Canada, NiroTrade is a global broker. It has its strongest presence in Europe, but attracts loyal traders from across the world. The broker is genuinely welcoming to new traders and has a strong international outlook that covers the world’s biggest financial markets.
NiroTrade has flexible multi-acccount types that are designed to match traders of different experience levels and budgets with the appropriate trading conditions. We opened a standard trading account and made a deposit without any problems. The whole process was fast and simple. We liked the fixed spreads and other traidng tools as well as the offers of help from our account manager. This included a one on one tutorial that we used to explore the broker’s exciting range of cryptos. We also strongly recommend using the free Demo Account to try out the platform and assets.
Minimum Deposit – $250
Deposits and withdrawals at NiroTrade are refreshingly straightforward! There is none of the unnecessary administration or hassles that we found at some brokers. You can control everything from your trader account and opt for credit/debit card, bank wire, and other payment methods like BPAY. We found that the customer service reps were very helpful and took the time to double check all our documentation and make sure that we were good to go.
We made our first deposit by credit card and our funds appeared in our account on the same day. Bank wire was also easy and we were satisfied by the ease and convenience of the whole process.
We had no issues withdrawing our profits from NiroTrade. The customer service rep talked us though the process and made sure that we understood exactly what our options were. NiroTrade took care of all the payment administration and sent an alert to say that it had been completed. They did their part within one business day and there were no glitches. It is worth noting that credit/debit card is faster and more convenient than bank wire.
NiroTrade’s proprietary platform is a real pleasure to use. We got a guided tour from our account manager who showed us the basics in a couple of minutes. When he was satisfied that we had some previous trading experience, he took us onto advanced indicators, the heatmap, social trading and trading reports. Social trading is an excellent feature and we had a lot of fun copying other traders and following opportunities that they’d identified. The platform is sophisticated, but is logically designed and very user friendly. Some of the extra features include daily analysis videos, calculators and a full economic calendar. The NiroTrade platform is one of the best that we’ve seen for a couple of years and we loved the secure and flexible trading environment.
Because we were testing the platform, we took the time to build a diversified portfolio and try out every asset class. NiroTrade has a massive selection of assets and we began with some highly volatile cryptos and forex pairs. We added to our risk with high performance stocks, precious metals and energies, before balancing out with slower commodities and indices, as well as some more stable stocks. The choice of assets at NiroTrade is ideal for most traders and they will shortly be adding ETFs and Bonds. Pricing is in real time (we checked) and there is flexible leverage on all assets.
NiroTrade is one step ahead of the competition with its education center. It is a great resource for new traders and also has a lot to offer more experienced investors. We chose 3 of their VOD film tutorials at random and genuinely enjoyed watching them. The ebooks are equally well designed and communicate important information in simple language. We recommend asking your account manager for an individual training session and you should take the time to complete the trading courses – they will definitely improve your experience on the trading platform.
NiroTrade is one of the few brokers that operates full 24/7 customer service coverage. This is really great for people who want to handle all their account administration at the weekend, or catch some early/late trading on international markets. We contacted the reps several times with questions about the trading platform, deposits and withdrawals and requests for training and account upgrades. They were always helpful and we never had to wait in a phone queue.
We didn’t find much in the way of promotions at NiroTrade. Every account type comes with its own welcome offer and there can be special promos for economic events and holidays. Our account manager explained that the broker is focussed on providing better trading conditions and new tools and indicators. It’s really worth getting to know your account manager and pushing for upgrades, one on one tutorials and webinars. These can boost your performance as a trader and open your eyes to new markets and opportunities.
As we checked out the trading platform it quickly became clear that NiroTrade invests a lot of time and resources in providing top of the range trading tools. The heatmap is a simple, but highly effective analytical tool, and the live charts are designed to allow you to go deeper into the data for sophisticated technical analysis. All the charts have multi time frames, covering timescales from minutes up to months of asset performance. We used the trading reports to analyse our own performance and look for strengths and weaknesses in our trading. This is a great tool that can save you a lot of money. Indicators like MACD, Bollinger bands and pivot points are ideal for more experienced traders. The other feature that we want to highlight is social trading. Copying other traders is a useful tool – and we also had a lot of fun doing it.
NiroTrade is easily one of our favourite brokers. It has a fresh and dynamic attitude and some amazing technology. Security is excellent and the customer service is proactive and very switched on. We loved the assets and the platform and there are enough tools and features for professional level trading.
NiroTrade doesn’t accept US and Canadian customers. We’re looking forward to seeing Bonds and ETFs on the platform and maybe some more payment methods.
Real time pricing and fixed spreads
Loads of cryptos & forex
24/7 customer service
High level of security
No US and Canadian traders
ETFs and Bonds not yet available
Minimum Deposit - $250
November 17, 2020 08:00
November 17, 2020 08:00
November 17, 2020 08:00
November 17, 2020 08:00