SagaTrade Review – A Simple-To-Use Trading Platform

SagaTrade Review

SagaTrade is one of those online brokerages that everyone should know about, especially given the fact of just how popular online trading has become as of late. If you are currently reading this review, then the chances are that you do have an interest in the world of online trading and might be looking for a way to get started. If that is the case, then feel free to read through our SagaTrade review to find out more.

Trading platform

Let us begin with the very first thing that traders would normally see when checking out a new online brokerage. We are, of course, talking about the trading platform. We had noticed that other brokers had often neglected to make their respective trading platforms easy to use and had instead made the process of actually navigating through the platform needlessly complex. You would thus ideally want to deal with a broker that provides a simple yet effective trading platform, and that is exactly what you would get with SagaTrade.

SagaTrade employs the MetaTrader trading platform, which is highly sought after and is widely considered to be one the best options out there. Both MT4 and MT5 options exist, so you know that this broker only offers the best quality to its clients. Furthermore, web and mobile-based trading services and features have additionally been added, and you can therefore access the platform from a variety of devices like laptops, smartphones and tablets.

Account options

A vast majority of other brokers would normally offer just a few trading accounts to work with, and while this method may work for some of these online brokerages, we nevertheless feel as if there should be more account options. After all, there is nothing wrong with having more diversity.

With that in mind, SagaTrade has seven different account types, putting it well above its competitors. Each account option will differ in terms of how much it would cost to use it, as well as the prerequisites that you would normally have to satisfy beforehand. It would therefore be a good idea to know what your budget and overall risk appetite are before choosing an account. Additionally, Muslim traders would be happy to know that an Islamic-friendly option has also been provided by SagaTrade.

Education

If you ever feel like you perhaps do not know enough about the online trading industry, then know that this is a common problem that many traders face. This is because the industry as we know it is constantly evolving, and so there is clearly a need for certain educational resources that can be utilized to stay updated with everything that goes on in the online trading sector.

To that end, some of the educational material provided by SagaTrade includes access to both seminars and webinars, as well as a wide variety of eBooks. There is even a helpful ‘Trader’s Academy’ and a ‘Help Centre. If you would like to have one-on-one training sessions with industry professionals, then this service has been offered by SagaTrade too.

Safety

When you choose to deposit your money with SagaTrade, know that the broker can never actually use that money for its own ends. This is due to SagaTrade’s policy wherein the funds of its clients shall be kept separated in different accounts at a trusted bank. The reason behind this strategy is that if something were to ever happen to the broker, your money would be safe.

The broker also keeps a close eye on the funds at all times and only chooses the most reliable and trustworthy banks for storage purposes. Rest assured, your money is completely safe.

Customer support

Facing unexpected problems while trading online is a common occurrence. In situations like these, it is thus very important to have a customer support team that can assist you as soon as possible. This type of support is exactly what you would receive if you sign up with SagaTrade, as the broker’s highly trained customer support team has been immensely successful in solving the various issues faced by the traders in the past.

You can get in touch with the team via call-back and email, or you can alternatively fill out an online form. There is also a ‘Live Support’ feature, which we found to be quite useful and innovative.

Closing thoughts In conclusion, we can safely say that SagaTrade is one of the best options out there if you are searching for a reliable online broker. We believe that SagaTrade can help you earn a lot of money in a variety of different ways, all the while keeping you safe as well. With that being said, head on over to the broker’s official website and check it out for yourself.

Joshua Ross

Digital Marketing Consultant. Assisting clients with the right information regarding the solution they need. This can help them in enhancing their business marketing, to reach the highest levels of sales and get their consumers' attention in quite an extraordinary manner.