The global online broker will leverage the reliability of its operation and advanced technologies
February 11, 2015: WhoTrades Ltd., a leading global brokerage, winner of the prestigious Foreign Exchange Awards in the Best Deals Execution category and an ambitious player on the brokerage services market, is once again making its presence strongly felt by way of ongoing business expansion. This time around, the broker voiced its resolve to become the No. 1 online broker in Latin America.
Needless to say, there is every reason for the company to set such a lofty goal. Licensed US broker WhoTrades Ltd. specialises in providing direct access to the stock market, is a member of stock exchanges and ECNs (NASDAQ, NYSE Arca, BATS, Knight and Direct Edge). The company currently provides service to over 500,000 people around the globe, with representative offices in 90 US, European and Asian cities. And now it has set its sights on Latin America.
As is the case in other regions, in order to win trader confidence in Latin America the company intends to leverage the reliability of its operation and advanced technologies, and the combination of these factors will help WhoTrades Ltd. withstand tough competition and rapidly gain leadership. Unlike other brokers, WhoTrades Ltd. offers its clients more than just market services as its strategy aims to deliver a diversified lineup of products and access to all major global markets.
Advanced technologies enable the company to provide clients with unrivalled services. An example of such services, with the help of which WhoTrades Ltd. intends to gain popularity in Latin America, is the Multi Market Account (???) service. The company’s flagship product (MMA) makes it possible to trade from one single account on various global exchanges, ranging from Latin America, the United States and Europe to Japan and Thailand.
A trader enjoys access to thousands of instruments listed on 15 global bourses, and the list of trading platforms is constantly being broadened, with 15 more already in the pipeline. This set of instruments is sufficient to deploy any strategy, i.e. from speculative and longer-term to arbitrage trading and hedging. Apart from opening up ample opportunities, MMA is absolutely trader-friendly, with no need to open trading accounts at several brokerages or to operate various trading platforms in order to make trades on various platforms.
Chain Trading is another one of WhoTrade’s high-tech service, which has gained popularity in all countries where the company does business. Signing up for this service guarantees, even for a neophyte trader, the same returns as those of a professional. The service is based on the idea of following the trading strategies of a professional trader, with returns automatically copied on a client’s account. The service comprises a variety of the most different strategies employed on the currency market. Providing service to traders within this package is a separate area of the company’s business.
All services, including popular trading platform MetaTrader 4 that is used for currency trading, are supported in the language of the region where the company operates. A system of service support in Spanish was worked out for Latin America, and not only helpdesk issues are involved. Trading ideas and equity research reports are issued by the WhoTrades Ltd. team for LatAm audience in Spanish. Online training programs are also available in Spanish. At present, five free training courses tailored to meet the various needs of traders, ranging from neophyte to professional topics, are available on the company’s website whotrades.com.
In addition, whotrades.com is also a large trader social network. Making use of its global broker status, WhoTrades Ltd. brings together hundreds of thousands of users across the world, who log in to exchange their experience, learn how to trade, make trades, read news and monitor market trends.
A number of user-friendly stock market services are integrated into the social network, with content, including research reports, forecasts and equity charts, currency pairs and other instruments. The website provides users with a wide range of free trading platforms, including mobile apps.
“Among the factors that have helped WhoTrades Ltd. make its way into the global brokerage elite, I would like to highlight not only reliability and advanced technologies, but also to broad margin trading opportunities and also to its trader-friendly tariff policy. I am confident that the combination of these factors will enable the company to become a leader on this new market in the near future. For Latin Americans, the company’s rollout implies convenient trading options with low commissions and ample opportunities, i.e. benefits already enjoyed in the regions where the company has a footprint, and which our region badly needs,” says Erick Segura, the author of many books on trading, and head of WhoTrades Limited’s central representative office in Latin America.