Askobid Forex Broker Review
Askobid is a fairly new European broker which offers trading in Forex, Stock indices and Commodities through the well known Metatrader4 system as well as having their own web based trading platform. Askobid is regulated by the FSA, CySEC and MiFID this means that they operate under very strict guidelines. This should be more than enough to assure you that Askobid is a genuine and well established broker.
When opening an account with Askobid the procedure is fairly straight forward and should take no longer than ten minutes. New users to Askobid can open a demo account to get used to Askobids trading platform. Your demo account will be active for 21 days and it will start off with a trading balance of $50,000. The demo account will give you an accurate and real feel of Forex Trading.
Once you have got used to the feel of Askobids platform and are ready to make your first deposit, You will receive a first deposit reward of up to 30%.For a Silver account, there is a 10% award on up to a $1,000 deposit. For a Gold account, there is a 15% award on up to a $15,000 deposit, and a Platinum account has a 30% award up to $30,000. It is recommended that if you are a first time trader or have little experience that you start off with a silver account, with the minimum deposit being $100. The minimum deposit for a gold account is $1000 and the minimum deposit for opening a platinum account is $10,000. To open a live account with Askobid you must provide ID and proof of address.
Due to the strict regulations that Askobid is governed under deposits and withdrawals take a little longer than other Forex brokers. This ensures maximum security of your money and personal details. Deposits can be made through Wire Transfer, major Credit Cards and Moneybookers.
Askobid offers up to 200 leverage. When trading Askobid MetaTrader4, experienced traders can trade using up to 400 leverage. Downloading the Askobid MetaTrader4 platform is very simple and straight forward. You can also use their online plat form which is perfect for Trading whilst not at home or on the move.
There is plenty more that can be said about Askobid.com's services, such as their Forex trading tools, including webinars, workshops, quizzes and trading strategies. But to put it simply Askobid is definitely a contender for one of the best online trading platforms around at the moment and that’s why we rate them in our top six Forex Brokers.