Group-500 Review – All You Need To Know About This Brokerage

Group-500 Review

We want to tell you about Group-500 and here is why. The world of online trading is one filled with incredible profits and bountiful results; however, it is important to select a broker through which obtaining these rewards would be made a seamless, understandable, and comprehensible venture. To that end, we firmly believe that this detailed Group-500 review will provide you with every single aspect, feature and service that you will need to know so that you may join the list of numerous successful online traders worldwide.

Why Group-500?

Group-500 had originally been launched via 500 solution Ltd., a company situated as well as licensed in Seychelles. Group-500’s goal is centred around the desire to offer trading-oriented solutions to traders all over the globe via the offering of a platform pertaining to general investing, forex trading, and cryptocurrencies in particular. Group-500 has taken measures to accommodates its respective user-base to be able trade using Contract for Differences (CFDs) on various cryptocurrencies. What this essentially means is that rather than being forced to purchase and sell the cryptocurrencies physically, you can instead choose to buy or sell the contracts on price movements.

This is important as through this method, traders may earn even more profit as opposed to the traditional ways of buying and selling that many have grown accustomed to. Simply put, you should choose Group-500 if cryptocurrencies are of any interest to you at all, as this firm knows the significance of having a platform through which traders can conduct their activities without having to worry about fairness or transparency in the trading environment.

But is it safe?

Prior to actually choosing any broker, you should ideally go over all of details regarding security. This is crucial as we assume that you do not wish to be the victim of any scam or hack, especially since the crypto industry specifically is often targeted due to its relatively new and anonymous nature. Security is an aspect that no one should ever compromise on, and this is why Group-500 is one of the best choices.

You see, we noticed that Group-500 is extremely secure and safe to use because of a few key reasons. Firstly, it possesses an agreement regarding AML and KYC policies which are mandatory in accordance with foreign regulatory practices and standards. By implementing these policies, the users’ accounts are always thoroughly checked and verified via the processing of clients’ identity cards and addresses. It is compulsory for the users to provide all of the necessary documents, which involve a valid passport, CNIC, or an unexpired driving license for the purposes of identity verification.

Furthermore, the clients may also be required to provide various utility bills such as gas, water and electricity. Bank account and credit card statements may also be asked for, as well as official confirmation of a user’s current residence. Utility bills that are over three months old will not be accepted. Lastly, all users who wish to utilize credit cards to withdraw or deposit funds will have to show a snap-in of their cards, and intermediaries or third-parties cannot be involved in any way.

Trading instruments

Of course, you want the broker of your choice to actually have what you are looking for to trade with. Group-500 has a diverse range of cryptocurrencies for you to buy and sell, so if crypto is your primary interest, look no further. Forex trading is also possible here if you would rather be involved in that instead.

There are several worthwhile cryptocurrencies on Group-500. These include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), and Litecoin (LTC). What we found particularly impressive was that Group-500 has plenty of relatively unknown cryptocurrencies too, which involve but are not limited to QTUM, NEM, and IOTA. When it comes to crypto, we recommend that you should always try and maintain a diversified portfolio in order to be rewarded with maximum profits and experience minimal losses.

Closing thoughts

In conclusion, Group-500 is one of the most beneficial choices for online trading. Its reputation precedes it, and it is actively trusted and relied upon by countless traders across the planet. Reasonable fees, as well as the lack of any hidden costs such as commissions or withdrawal fees make this a top selection for any trader.