When I first started trading, I remember thinking that online trading wasn’t my thing. However, as I gained experience and knowledge, I realized that I needed to be affiliated with an online trading platform. The decision, however, was not easy. Choosing the best platform is not as easy as it might seem.
So, for me, the best option was to read the reviews of a platform online and assess whether this platform will meet my needs. But, I also wanted to take some words from someone I knew and trusted. Hence, I started asking about the trading platforms with my friends and family and came to know a whole lot about it.
As an advanced trader, I felt compelled to share my knowledge with you all so that those who are new to this field can avoid falling into traps and save time, money, and effort. So let’s start by saying that I’ll review whatever I think about the platform and that I’ll be completely objective. Also, because I’ve used this platform as a trader, all of my thoughts are based on my own experiences, and because all traders have different demands and aspirations, I’ll try to provide the information to make it easier for any trader.
I have heard many stories of inexperienced traders being exploited by neophytes all over the world, especially in the trading world. Therefore, it’s always a good idea to be mindful of potential dangers and take appropriate precautions. To be secure, I and any other experienced and sincere trader will open an account with a reputable trading platform. They not only assist you in improving your trading skills, but they also ensure that there are no scams involved, effectively adaptable to your trading sessions.
The next move is to find a trustworthy trading site. How would you choose a right platform for your needs, given the multitude of platforms available? So, I’m here to answer your question and make the decision-making process easier for new traders. I’ve been using Bitteks for a long time and have thoroughly examined every feature available. So, brace yourself for a forthright but helpful analysis.
I believe that a platform’s or a business’s impeccable administration is a significant factor in its performance. Administration infiltrates the rest of the departments and pulls them together, propelling the whole company to rapid growth. In addition, the financial tools and legal structure of a brokerage platform are crucial areas that need the most attention. When it comes to these two aspects of online trading, Bitteks is a world champion. Apart from these two aspects, I believe what sets Bitteks apart from the competition is customer support.
When I first visited the website, I saw a ‘Contact Us’ button, which gave me more information about customer service. Fill out a 2-minute form, attach any required attachments, and send. So, yes, it is just that easy. It would be unfair to say that this method of correspondence is unreliable, but I haven’t used it very much, so I’ll refrain from commenting further.
Remember that the live chat option is only available from 4:00 p.m. to 1:00 p.m. GMT, Monday through Friday, and I would have preferred that it was available for 24hrs/5days. Another reliable service available is Phone Call, ensuring that no customers are forced to wait in queue for urgent responses.
However, I have faced some delays in reaching out to the representative, but this is primarily due to high traffic during peak hours. Also, the phone optionis available to consumers in Australia and the United Kingdom, so these are the two places where the platform could improve.
Its feedback surveys are a very commendable measure. For example, I was asked to fill out a service form every time I wanted to communicate with the correspondent. As a result, any complaints are immediately addressed by the company.
As a Trading Platform:
Now I would like to turn the attention to the platform’s primary purpose, which is to assist you as a trader. Bitteks has trading tools that allowed me to see and evaluate where I was going as a trader in real-time. The layout of tools has been taken straightforwardly, making navigation inside the web relatively user-friendly and straightforward. The server was built and handled so that commands and instructions are immediately carried out. This, combined with an ultra-tight spread, gave me a competitive advantage in the industry. The excellent analytical tools also helped me paint a good image of precisely what’s going on in the market and how I should proceed.
Another commendable measure is that the platform assumes responsibility for marketing the tools so that new users or young traders understand how to use them according to their needs. The ability to choose any tool from a considerable selection adds value to your trading experience and saves you time, money, and headaches. However, the only option the platform lacked was for the different dialects. There is only one dialect that the website can be accessed with. I think that the platform should consider adding different dialects. This way, more clients from other parts of the world and languages will enjoy their services.
Outlook, Assets, & Charts:
The first thing that I usually notice when I open a website is the platform’s theme and color scheme, which I found dull and dry. It would have been nice if the platform was developed with some light colors not to be so heavy on the eyes. I found this dark theme to affect my analysis when I started using the charts. For someone like me who has never been a monochrome person, charting analysis is also tricky. I can’t rule out the possibility that a large number of people would enjoy it, but allowing the consumer to choose their theme would be a fantastic idea.
The idea of adding a stock bar report is fantastic because it keeps you actively and efficiently informed about premium stocks like Facebook, Tesla, and Amazon. In addition, after joining Bitteks, you gain access to 200+ tradable assets, including Forex, cryptocurrency, commodities, indices, and stocks.
Although I didn’t have much control over the website’s appearance, the charts can be modified to a large degree. For example, I had a total of nine options for changing chart intervals based on my preferences and ease of use, allowing me to keep a close eye on market conditions. Other analytical and trading tools available here are also handy. I thoroughly went through them and found them beneficial in terms of business expansion.
Security: Number 1 priority!
Now that I better understand how Bitteks’ functional operations work, let me address another critical concern: Stability. As I previously stated, the legal issues have been specifically specified and addressed under the ‘Legal’ portion. This is further divided into subcategories to help users find what they’re looking for quickly, and they are:
- Terms and Conditions
- Withdrawal, Refund, and cancellation policies
- Bonus Policy
- Anti-Money laundering policy
- Risk disclosure statement
When I carefully read their terms and conditions, I noticed how concerned Bitteks is about their customers’ safety. The majority of the policies are equally detailed, but they are still happy to answer them if I had any questions. This openness is undeniable proof that Bitteks will go to any length to ensure that my trading operations are safe. I feel compelled to point out that most competing outlets would not publish such papers.
With the fast-paced evolution of the trading environment, there is an increasing need to implement various payment methods to ensure consumer convenience. This makes it simple to withdraw and deposit money. MasterCard, Maestro, and bank wire transfers are the three types of transactions available.
There are plenty of people who enjoy these methods, but other methods are becoming quite common nowadays. Therefore, Bitteks must ensure that they are taking steps to meet the needs of people who use those payment methods such as iDEAL, PayPal, and others. It was not an issue for me when it comes to withdrawal pace, but if I wanted to improve it even further, I could consider upgrading my account.
Finally, I’d like to point out that the forum places a strong emphasis on consumer education and regularly updates the ‘Education’ section to keep users informed about the site. I learned more about Bitteks and found answers to my queries under the section “frequently asked questions,” all of these things strengthened my bond with the platform.
My Final thoughts on Bitteks:
I’ve done my best to point out the flaws where I pointed to the good points in the hopes that by the conclusion of this analysis, any trader will determine whether or not the platform is right for them. I’ve been a happy customer for years, and I indeed see myself enjoying this platform in my future as well. Everything is well-managed, from their tools to assets and customer service and security.
Disclaimer: This review is written from my own experience and my self-knowledge only and this is not a recommendation.