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I have been a forex trader for the last ten years, so it is safe to say I have plenty of experience in choosing the right online forex trading platform. The reason behind this very long period is that I was looking for the right broker to open an account with, but every time I found something good, they would close or stop accepting trades from my country.
I am not sure whether other readers had similar experiences, but there are plenty of companies out there who accept registrations, but once you try to invest, they close your account and return any funds you had on the account. After wasting a lot of time and losing a few accounts due to circumstances outside my control, I decided it was time to find the right platform.
After all, if you are looking for the best company to trade with, you should be looking at long-term transactions, not companies that disappear after they get your funds. The problem is that it will take some time until you find out whether they are genuine or not, but to give you some help, I decided to write the ultimate review of the Financial Centre. I will cover everything about their company, policies, trading conditions, and client support.
I have numbered this article to make things easier for all readers, so it is easy to refer to every point separately using the corresponding number.
What is Financial Centre?
The first thing I had to do when I started searching for the best online forex trading platform was to find out what companies are on the market and how they compare. After a couple of days of research, I found out that many more than expected, which made it even harder to decide. I have chosen Financial Centre because they are a forex trading giant. Their company has years of experience in the financial market, and they are famous for treating their customers well.
What is Financial Centre’s Rating?
Since there are plenty of forex trading companies, I decided to summarize my research on Financial Centre by giving them a rating out of 5. To ensure that every aspect of the company is covered, I have divided the rating into various categories. Every category gets its mark which adds up to the result.
Fees & Commissions
I checked out their fees because I knew that nobody would be happy to pay additional costs. To my surprise, they are one of the companies that offer competitive fees regardless of the size of your trading plan. This is great for beginners because you can open an account with a small amount of money and start trading. Yet, I think this will be equally useful to experienced traders looking for a new platform to trade with.
Financial Centre Trading Conditions
I had to check their trading conditions because I knew that online trading platforms could offer different conditions to traders. For example, some companies might provide better spreads, but they will not accept clients from your country. The good thing about Financial Centre is that they are open to everyone, and you do not need a certain deposit amount to get started with them.
Financial Centre Trading Platform
After I checked out their trading conditions, the next thing on my list was finding a platform they use. Companies often choose a specific one to simplify things for their clients, but this is not always the case. Even though there are many different platforms out there, some companies decided to use more than one platform. For example, if they offer Meta Trader and Ninja Trader, they will add them both so you can choose which one to use. This is great for beginners because it allows you to choose the program that suits their level of expertise. The only downside was that I did not find any mobile application information on their website.
Financial Centre in the News
After checking out their trading conditions and platform, I thought it was time to see what Financial Centre’s performance in the news was like. I decided to include this in my research because when you are looking for a company, you want to know how they are performing in the market. The reviews I found online were mixed; some of the reviews said that their conditions were good, while others said it is hard to cancel your account if you no longer want their services.
How Can You Contact Them?
After checking out Financial Centre’s performance in the news and other aspects, the final thing I had to do was find out how you can contact them. Fortunately, this is something that most online companies provide on the website for traders to get in touch with customer support if they are experiencing any problems or have questions. Financial Centre’s customer support comes with a long list of different methods traders can use to get in touch with them. They also provide traders with an address if they want to contact them by regular post or talk to their representative in person.
Financial Centre Education Centre
When I was looking for the information I needed, I realized that there is no way you can succeed if you do not have any knowledge. Even though it might be difficult to find relevant education in the forex world, Financial Centre has taken care of this by offering traders an education center to learn about trading and how different markets operate. I think this is a great advantage for new traders because they can gain knowledge without reading books or hiring expensive teachers.
After checking out the information about Financial Centre, I thought it was time to reveal my conclusions and see if the company is worth trying out or not. If you are looking for an online forex broker with low spreads, I would have to say that you should check out their website. It is not the biggest company globally, but they are doing something right because most traders are satisfied with their services.
Financial Centre Security
They have good security and offer a wide range of different depositing and withdrawing money. They have offices worldwide, and they are open to everyone, regardless of whether you are a big or small trader. The only downside about this company is that they do not have a mobile application, which means traders will need to use their computers to place trades. This might be a problem for some traders, but they offer such great conditions that it is worth it.
I was very pleased with the services and performance of the Financial Centre. They have all the features a trader can wish for, including low spreads and excellent customer support, making them a company worth trying out.
Financial Centre Charts, Tools, & Assets
Here I’ll show you exactly what the financial center has to offer.
In terms of assets, they have a whole list of different categories that you can choose from where you can find commodities or indices that fit your trading needs. They also have a long list of different currency pairs.
The good thing about this company is that they offer a lot of different tools and offer them for free, which means that you do not have to pay anything to use them. You can find a whole range of indicators and support and resistance levels to help you create your strategy. They also offer webinars and telephone consultations which is awesome.
Some of the tools they offer are:
I was most impressed by how they have thousands of different types of technical indicators that you can use to analyze the charts. This is a good example of just how much work they put into making sure that their traders are getting everything they need to succeed.
Here are some examples of the different types of indicators you can use for free:
You can also find some of the most common indicators used in trading on their website. They offer them and provide explanations and examples, which is a huge advantage because it means that everybody, no matter how new to trading they are, will be able to understand what they mean.
They also offer some of the most popular types of indicators for MT4, which you can use in your strategy.
Support & Resistance
Another good thing about this company is that they have their support and resistance levels based on technical analysis, where traders can place orders once certain price levels are reached. There is a wide range of different types of S/R levels that you can choose from, and they are all free to use.
If you look at the bottom of the page, you will see a long list of EURUSD S/R lines where traders can post trades once certain price points are reached. You can also find S/R levels for most other types of currency pairs.
After I checked all the above, I can say that Financial Centre is a great company for beginners and experienced traders because they offer competitive fees and conditions. The only downside was that they did not offer any mobile application information.