Neuer Capital Trading Platform – Is It a Scam?

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Image source: SmartFX

Knowing whether the trading platform you are about to pick is a scam or not can be quite difficult if you are new to trading. However, if you network with people like me, you will never end up in the wrong place. I have been trading for more than five years and I can tell you which companies are there for you and which ones are there for the money. Today, I would like you to know a bit about Neuer Capital, an online broker that opens doors for you to trade cryptocurrencies. However, don’t compare it to just any other company out there providing similar services. It is different in many ways.

Now, due to the nature of how the internet works, some people think Neuer Capital is a scam. I can give you a few big reasons to prove that that’s not the case. Let’s know those reasons.

Small Initial Deposit

The first thing you will notice about online scammers is that they are pretty greedy. They will tell you to do things that you will not be comfortable doing. However, that’s not going to be the case when you sign up with Neuer Capital. This broker has made sure that you start your trading account with ease. The minimum deposit required for you to have an account with this company is only $250. In addition to that, the same company tells you that there are limits on maximum deposits depend on the method you are using to deposit money. A scam will never tell you the maximum limits. They just want more and more.

KYC and AML

A company that is not honest with its traders will make it easy for them to sign up on their trading platforms. Why is that the case? Well, the problem is that the more barriers they erect in your way, the more people they will be sending away. They want to keep things easy so more and more people can sign up on their trading platforms and shell out money. That’s not the case with Neuer Capital. This company has proper AML and KYC policies in place to make sure that you only sign up when you have provided your personal identification as well as banking information.

Safe Methods of Depositing

You will only be using the safe methods of depositing money in your account when you sign up with this firm. You can use your credit card or go with the bank wire transfer method. The more important thing is that you can deposit money through your debit card as well. That option is usually not available with any online services that you see today. What’s even more interesting is that many brokers will ask you to pay some commission or fee when you deposit or withdraw money. You will not have to deal with that when you are with Neuer Capital. You can deposit your money or withdraw it without worrying about any hidden costs or fees.

Great Trading Accounts

The trading accounts from this brokerage are some of the best. No matter what type of trader you are because you are going to find an account that serves your specific needs. You can start the basic account with only $1000. Furthermore, you will get access to premium education as soon as you sign up with the broker. You even get some price alerts when you go with the first account on the list. You start getting a dedicated account manager for your help as soon as you go from the basic account to any other account. Out of six, you have four accounts that offer you the Islamic account option as well.

Final Thoughts

You will never get such detailed options from a scam online. They usually just want you to sign up. Thye have long sales pitches and videos to convince you to sign up with them. On the other hand, when you go with a legitimate broker, you get to see a glimpse of a system that has been designed for traders. In this system, you can use leverage, trade many cryptocurrencies, and enjoy quick and fast deposits and withdrawals on a professional trading platform.