Quick Start Guide for Beginners: DALEFOX LIMITED broker reviews
DALEFOX LIMITED forex broker
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Step-by-step instructions for those who invest in assets for the first time. Formed from DALEFOXLIMITED.com reviews and basic guidelines.
Do you want to start making money on currency rates, but do not know how? Let's tell you where to start. For advice, we turned to experts from DALEFOX LIMITED, which you can easily find on Google.
In this article, we will briefly talk about how to become a client of a brokerage company, how to choose the right intermediary and what to look for first.
Step-by-step instructions for choosing a broker using the example of DALEFOX LIMITED reviews
Starting cooperation with a brokerage company, the investor opens his account there. A deposit is sent to the account - the amount that will be spent on investments in assets and commissions from transactions. The broker takes a commission, as it provides the client with the opportunity to trade, as such - it gives access to the trading terminal, where buyers and sellers place orders (offers with a specified value and number of assets).
Cooperation, therefore, is built on financial interaction, so great attention should be paid to the security that the broker provides.
Brief safety requirements:
Registration in a country that supports European regulations and the protection of financial transactions (that is, it will be one of the European countries, and not a state in the ocean or in Asia);
Mandatory verification of clients (this requirement is put forward only by those brokers who comply with the rules of the "Know Your Customer" program - a set of rules that protect against fraud);
To understand whether a broker complies with safety standards, just look at its website. The place of registration and head office is usually indicated in the contact details or at the bottom of the main page.
And compliance with the KYC policy, protection of confidentiality are described in the company's documents, which must be freely available:
At the broker DALEFOX LIMITED, you will also find a mention of AML - this is an “Anti-money-laundering” program that protects the market from shady money laundering schemes.
Gordon Little, lawyer from Scotland, 56 years old:
“This is a reliable partner who has been with me for years. I first started investing with DALEFOX LIMITED. Some time later, I stopped trading, but then returned to the same broker in 2018 and have been working with this company since then, making profit on a regular basis. "
Choosing a portfolio on DALEFOXLIMITED.com reviews on the convenience of the platform
After you have made sure that the broker maintains a transparency policy with clients, the next step is to choose the most profitable cooperation. The fact is that the most "delicious" offers on the market (300-500% per annum and the like) are most often an example of false advertising or even fraud.
It is better to look at a specific tariff for novice traders, since the terms of such tariffs usually differ:
- Deposits are lower than other account plans;
- Trading opportunities are limited to a specific set of instruments and types of assets.
Nothing prevents a beginner from choosing a different tariff plan. However, the limits for beginners were set for a reason - the minimum deposit significantly lowers the threshold for entering the market and allows you to gradually explore its possibilities. For other portfolios, access is much "more expensive". By the way, a feature of the company is the ability to open leverage even with a minimum deposit (discussed individually).
Access to the trading terminal is provided in the "Trading Platform" section of the site. There you will also find a link to install the terminal application on your smartphone.
Evan Carter, a general practitioner from London, 48 years old:
“The platform is very user-friendly and straightforward. I got used to it quickly enough, but I was also lucky with my account manager, who patiently answered questions about instruments and orders. After six months of trading, I opened up leverage and my income grew significantly. "
The final stage is registration and verification. Then you can open an account, transfer a deposit to it and start trading.
For beginners, a training program is provided:
It is better to start cooperation with a broker with a security check. Then focus on how profitable the account is for beginners, like the same DALEFOX LIMITED reviews about the company will help determine whether other clients of this broker consider it convenient for cooperation at the initial stages of trading.