Is Neuer Capital a scam? Top reasons to opt for this broker
One of the most popular trends these days is none other than cryptocurrency trading because it provides numerous opportunities to people for making some big returns that would otherwise take them years to make. Cryptocurrencies are highly volatile and this has made them quite profitable, but it also means that there is a lot of risk associated with them as well. Obviously, you only want to make the profits and avoid the risks altogether and the best way to go about it is to minimize them as much as possible. The most prominent risk that needs to be minimized is that of not choosing the right platform for your trading.
If you end up partnering with the wrong platform, there is a good chance that you will not be able to achieve your trading goals and this is something no one wants. Consequently, it is vital that you do your homework and make the right decision, so you can trade cryptocurrencies to strengthen and grow your portfolio. With crypto trading on the rise, the number of platforms that cater to crypto traders has also gone up. Hence, you will find a lot of options to explore, but before you opt for one, you should ensure that there are enough reasons to do so.
One of the choices that you will find is Neuer Capital, a broker that was founded in 2019 and is operating from the United Kingdom. It is dedicated to Bitcoin and crypto trading, but so are many others like it. So, what are some of the good reasons to go with this one and is Neuer Capital scam or legit? Let’s take a look at the top reasons:
Reason 1: Plenty of crypto offerings
It wouldn’t be wise of you to opt for a crypto broker without knowing what cryptocurrencies they are offering to you. You may have a specific crypto that you want to trade or maybe you want to diversify your investment in the crypto market. Either way, you need to ensure that the platform you are considering is capable of fulfilling your needs and this also applies to Neuer Capital. Here you will find more than 40 crypto pairs at your disposal, which is certainly an impressive number and not many others can offer this to you.
On this platform, you will be able to invest in the leading cryptocurrencies in the market, such as Bitcoin, Ethereum and Litecoin, but there are also other options that you will find. These include Bitcoin Cash, Ripple, Dash, Monero, NEO and IOTA. These can be great for you to balance your portfolio by investing in both highly-volatile crypto and those that offer low volatility. You will not run out of options any time soon, when it comes to this broker.
Reason 2: Intuitive trading platform
Complex and slow trading platforms have become quite common amongst brokers and you will find lots of traders complaining about these. As these can create difficulties in trading, you want to ensure that the broker you are opting for gives you access to a good platform to trade with. Neuer Capital has created their own web trading platform that comes with an intuitive trading interface and doesn’t need any downloads or installation. You can access it quickly through the broker’s website and this is a plus.
Even if you are a newbie, you can navigate this platform easily because it is quite responsive and user-friendly. Neuer Capital has integrated the latest market news, price alerts, video charting tools and other fundamental and technical analysis features that can make it quite easy to use. As it uses powerful and cutting-edge technology, speedy trade execution is possible via one-click trading.
Reason 3: Easy registration and signup
Unlike some of the lengthy registration procedures some brokers are known to have, Neuer Capital has kept their own quite easy and straightforward. There are no hoops for you to jump through in order to register with them and no need to spend hours of your time doing so either. There is a simple form on their website that you can access by clicking on the Register Now button and can be completed in a few minutes.
What do you need to enter? Your name, email address, country you are from, phone number and a password. Choose a currency from EUR, USD or GBP and agree to Neuer Capital’s Terms & Conditions. A verification link is sent to the email you provide. You can confirm and registration will be over.
Reason 4: Advanced security features
An important aspect that can’t or shouldn’t be taken lightly where a broker is concerned is their security features. Your information and money are extremely valuable to you and you need a broker that can keep them safe and intact. If third parties get access to either, they can misuse them thoroughly and this can lead to unwanted complications for you. At Neuer Capital, security has been kept tight, as you will discover. They have SSL (Secure Socket Layer) encryption for keeping all your information safe, along with 24/7 monitoring and surveillance of their system.
They have also opted for customer account segregation to protect your funds and keep coins in cold storage to prevent them from being stolen. Also, you will find that Neuer Capital has kept up with high security stands by choosing KYC (Know Your Customer) and AML (Anti-Money Laundering) policies that involve collection of various documents from traders to confirm their identity and address. This ensures that their platform is not used for any financial crimes. Also, they continue doing penetration testing i.e. keep on testing their platform to ensure that no outsiders can gain access to it.
Reason 5: Guidance and support
Lastly, you will find a horde of resources at Neuer Capital that are meant for the guidance and support of traders. There are educational resources available that can be immensely useful, along with top notch customer support that can answer your questions. There is also a Refer a Friend program that can be used for earning some extra income in the form of commission.