OnBoardCapital Review
An online broker is your gateway into the lucrative opportunities that the financial markets have to offer. Every trader, no matter what their experience, background or skills are, will require their services to engage in these markets. But, this does not mean that any platform would do.
There is a wide variety of these that exist and the quality of their services can be poles apart. Not every platform will let you explore the markets as per your expectations. In this OnBoardCapital review, I have talked about one broker that can give you everything you seek when you are trading.
Knowing what your broker is capable of from the beginning will save you from a lot of frustration and hassle in the long run because you do not have to jump from platform to platform. It took me a while to find the Onboardcapital.com broker, but I haven’t looked back since I did. You can find more about it in this review below.
Open an account of your choice
What I first liked about the Onboardcapital.com trading platform was the combination of account options it presented at the time of sign up. It is the norm for most brokers to offer account options, especially when it wants to facilitate different types of traders and not focus on a particular market segment. But, I had not found the options that I saw here. It showed that the broker was willing to go the extra mile to facilitate its clients as much as possible.
This is because there were twice as many options available than what others offer. Each of the account options that the On Board Capital broker offers has value to offer and ensures that there are features included that the user can actually benefit from.
Many platforms offer useless features in account options that you end up paying for, but do not use. This is not a problem here because the account options have been customized for different types of traders and their offerings are a reflection of this fact.
Get tight spreads and high leverages
It can be extremely frustrating to have made profitable trades, only to find that a chunk of your profits have to be given to the brokers in the form of different fees and charges. Therefore, I was relieved to see that this was not the situation on the On Board Capital trading platform. The first thing I liked about it is that there are no commissions charged, which is great because these eat into your profits the most. Similarly, there are no hidden charges to worry about and they do not charge any type of fees.
Then, how do they profit? You will find that the OnBoardCapital broker has minimal spreads i.e. the fee they receive on every trade. It is the difference between the buying and selling price and this means that it is not a whole lot. You do not have to worry about losing your gains. Moreover, the broker also offers you higher leverages and this can help you in amplifying your gains when you make a successful trade.
Use an advanced platform and tools
The OnBoardCapital trading platform also stood out for me because not only is it simple, but also very versatile and I had never seen a platform have both qualities. Most simple platforms are lacking in terms of technology and tools, but it is the opposite here. Even though it is a web-based platform, the software uses the most cutting-edge technology that allows it to deliver smooth and fast trade execution. It means you can leverage quick market movements easily.
Furthermore, the user-interface is very simple and easy in terms of navigation, giving you the freedom to customize the dashboard as per your preference. The OnBoardCapital broker has also equipped their platform with some of the most advanced trading tools that you will find in the market.
Everything from economic calendar and currency convertors to live charts and trading signals have been added. These tools are developed to help traders in performing fundamental and technical analysis that helps in making decisions. In fact, the risk management tools on the platform can also be used for keeping your losses low.
Is OnBoardCapital scam or legit?
As comprehensive as I had found the broker, I still wanted to make sure that OnBoardCapital was legit because there have been many scams that have lured traders in with attractive offerings. I went through their policies and security features extensively to see if there were any red flags to identify. I did not find a single one, which shows that it is indeed a legitimate platform.
Final Thoughts
I will end my OnBoardCapital review by saying that the broker proves its mettle by providing you the platform and the tools and conditions needed to unlock maximum trading opportunities in the financial markets.