Business24-7 expands services to online traders in the MENA region

With the number of online trading platforms and brokerages springing up in the market on a daily basis, choosing the right broker or a crypto exchange is a critical step of your investment journey. You have to consider everything from checking their credibility to how accessible they are especially if you are a new investor. It also involves a lot of research and background checks.

This process becomes a lot easier when you have professionals who objectively vet brokers and trading platforms for you. Business24-7 is one such portal used by investors and traders.

Stefan Grasic, CEO of Business24-7, said: “We provide comprehensive, unbiased ratings and reviews of online brokers, crypto exchanges and trading platforms. There’s a meticulous and comprehensive testing process: user experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, and the products available on their platforms all form part of our six-month evaluation of a broker’s platform. This means we open live accounts with each broker, and then trade and invest anonymously. Regular updates are carried out too, which ensures that our ratings are as accurate as possible.”

The portal recently launched two professional-grade tools that can be used to find and compare brokers, an updated review section with more than 200 broker evaluations, and a revamped education section.

These two new tools: a broker selection tool and comparison tool are fully customised for UAE users. They also represent the first of many releases that are scheduled to be rolled out this year.

Grasic added: “To make the experience easy, the new broker selector will guide users through the process of finding the right broker while strictly following our ethics and methodology requirements. The purpose is to help new and seasoned traders accurately choose the best broker for their unique trading circumstances in the most efficient way possible.”

This is supplemented by the broker comparison tool that will allow traders to compare two three brokers side-by-side. The ability to view seemingly identical brokers broken down by category can be invaluable when deciding who they choose finally, particularly when the regulatory issues inherent in online trading make choosing a safe and secure broker absolutely essential.

Apart from the release of these new tools, the ‘Reviews’ section now has more than 250 unbiased broker and cryptocurrency exchange reviews. Each review contains a detailed analysis on fees, account types, deposits, withdrawals, spreads, currency pairs, security, customer service and answers to commonly asked questions about each broker and exchange.

The site’s education section has also been updated with the addition of 109 articles detailing key concepts in day trading, forex trading, stock trading, cryptocurrencies, and blockchain technology, providing a goldmine of useful resources for users looking to choose the right brokerage.

Click here to read reviews.