The financial markets offer plenty of money-making opportunities to people, but you need the services of a broker to be able to tap into them. Sure, you can find thousands of brokers that offer you their services, but not all of them are created equal. You need to take a close look at their offerings in order to find the one that’s appropriate for you and this will bring you to the following PrimeOakmont review. Founded in 2013, PrimeOakmont has gained recognition for being a Bitcoin-based platform that is currently operating in more than 150 global countries.
They are catering to traders all across the world and have become very popular in the financial markets, but can PrimeOakmont meet your requirements? Let’s take a close look at their offerings to know:
The Security Features
Before looking at any offer, you should first look at PrimeOakmont’s security features because if the platform is not secure, you don’t want to risk your hard-earned money or your personal information. Luckily, you will find that they have been very thorough where security is concerned and have used a number of features that can mitigate cybersecurity risks that are quite common these days.
They protect all sensitive and personal data via 256-bit SSL (Secure Socket Layer) encryption, so no outsiders can access it. They also maintain segregated accounts for keeping all client deposits and this reduces the possibility of misappropriation. You will also find that PrimeOakmont is compliant with AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies, which are good at mitigating the risk of identity theft, financial fraud, money laundering and terrorism financing.
As per these policies, traders have to verify their accounts at PrimeOakmont by providing proof of identity and address. They also use 2FA (two-factor authentication) for protecting your trading account and cold storage is used for storing your digital assets. More importantly, their technical and security team continue testing the system regularly to ensure there are no weaknesses.
The Asset Index
It is essential to check the asset index of PrimeOakmont because you want to know what you will be able to trade. Your profits depend on the instruments you trade, so checking the asset index is also of the utmost importance. As it is a Bitcoin-based platform, it is understood that digital currencies are supported at PrimeOakmont and this is certainly an advantage. The best part is that they offer you some of the best digital assets for leveraged trading, such as Bitcoin, Ethereum, Litecoin and Ripple.
Another good thing about PrimeOakmont is that it is not just limited to the cryptocurrency market. You will discover that they also give you access to some of the other financial markets in the world, such as the forex, indices, stock and commodities market. This allows you to diversify your trading portfolio easily and minimize your trading risks.
The Sign Up Process
You also need to know what sign up process is required at PrimeOakmont in order to ensure you fit their criteria and don’t have to meet any outrageous requirements. Some brokerages do tend to make the process very complex and lengthy, which can be highly frustrating for traders. This is not a problem you will find here because their sign up process is quick and straightforward.
It only takes traders a few minutes to complete the registration process at PrimeOakmont because you just need to click on the ‘Register’ option and then fill out the form that opens up. The form asks for your first name, last name, email address, password, and country and phone number. The final steps require you to confirm you are 18, agree with their Terms and Conditions and are not a citizen of the US.
Add in top-notch customer support, a number of account options, extensive educational resources, tight spreads and excellent conditions and a powerful trading platform and PrimeOakmont can be the ultimate broker for everyone.
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