The Stanley Charles broker is one of the few in the market that emphasizes on providing its clients with all the right ingredients they need. I tested the platform to see if it was only claiming so, or actually delivering. Let’s take a look at what you will find.
Useful guides on technical analysis
If you want to achieve trading success, you need to remember that you cannot just shoot arrows in the dark and rely on luck. Instead, you need to use a sophisticated approach to make your trading decisions and this is where technical analysis comes in.
This involves looking at price trends of assets and tracking patterns to identify future trading opportunities. The Stanley Charles trading platform offers a number of detailed and useful guides that can help traders in mastering the art of technical analysis.
These guides provide a step-by-step breakdown of how a technical analysis can be performed. Not only does it help traders in learning the basics, but they can also improve their overall trading skills. In addition, the best part about learning technical analysis is that you can use it in every financial market and not just one.
Keep up with market news for better decisions
Trades cannot be made in a vacuum because the financial markets are impacted by a number of factors. This includes other markets as well as the outside world. This means that you need to keep up with the markets and the latest news to make your decisions. While it is true that you can find a ton of information on the internet, it can be difficult to decide what is relevant and what is not. Plus, there is no way to determine the authenticity of the data you find. The Stanley Charles broker has simplified this problem as well.
Rather than you having to spend time sorting through the piles of information and news, you can just get the latest market news right on the Stanley Charles trading platform. You can find the latest headlines right on the dashboard, which means you will stay up-to-date at all times. As a matter of fact, you can even schedule news alerts, so you will be informed of any changes and make your decisions accordingly.
In addition, there is also an economic calendar provided that can be used for tracking events taking place in financial and other markets. These events can have a ripple effect on the markets, such as data releases like inflation and employment numbers. Likewise, interest rate changes, or any political event can also affect markets, so keeping up with these events is also vital. Thanks to the economic calendar at your disposal, this process is significantly easier.
Demo trading account for acclimating to the market
No matter how much you educate yourself, trading practically is very different and it takes time for people to adapt to it. By the time you adjust, it is possible that you could have missed opportunities or made bad decisions. This is a learning curve everyone wants to avoid and the Stanley Charles broker offers a demo trading account for this primary purpose. It is to take away the element of surprise and help you gain some confidence.
The account mimics the actual trading environment, giving you an idea of what to expect when you start live trading on the Stanley Charles trading platform. The difference is that it uses virtual currency, so you can execute trades without worrying about any losses. You can test the various tools offered and try out the different strategies you have learnt about to see which one would work best. It is a great way to prepare yourself for the real trading experience.
Is Stanley Charles scam or legit?
When I decided to test the Stanley Charles platform, it was not just to see if it had the right features and ingredients, but also to see if it was legitimate. There have been too many brokers that claim to be genuine, but turn out to be scams. Luckily, this is not the case here because this broker is fully legit and authentic.
Bottom Line
To sum up, this Stanley Charles review sheds light on the best ingredients that the broker provides to every trader to help them in achieving the trading success they have always dreamt about.
