digBITex Review

One of the newer brokerages that you will find in the financial markets is digBITex and this forex and CFD (Contract for Difference) platform has managed to make a name for itself in a relatively short period of time. It is natural for you to contemplate signing up with them, but before you do so, it is better to understand the basics in order to know you can find everything you need. You certainly don’t want to have to face disappointment later on when you complete the registration process and realize that they don’t offer what you are looking for. Going through this digBITex review can give you the information you need.

Account Creation Process

First things first, you should look into what you are required to do for creating an account with digBITex and you will come to know that it is extremely straightforward. You can go to the ‘Registration’ page on the website and it opens up a form that asks for some basic details like your first and last name, an email and password that will be used for your login, later on, you country of residence and phone number. Make sure you provide authentic information to avoid any problems and agree with their Terms and Conditions.

Account Verification Process 

You are required to verify your account on digBITex for security purposes, in accordance with the KYC (Know-Your-Customer) and AML (Anti-Money Laundering) policies that are applicable on the platform. This requires providing proof of ID, which is given through submitting a government-issued ID card, an international passport, or a driver’s license. You also have to provide proof of residence, which is given through submission of a utility bill (electricity, water, gas), a bank statement or a credit card bill. Once your account is verified, you can easily make transactions.

Accessible Markets 

The financial markets comprise of thousands of instruments that can be traded and you need to know which markets are accessible at digBITex and the instruments you can trade on their platform before making your decision. This makes it easier for you to determine if you will be able to achieve your goals and keep your risks at a minimum. Luckily, you can do both when you sign up here because they give you access to more than five leading financial markets.

You can explore the forex currency market, crypto, stocks and indices market as well as the commodities and bond markets at digBITex and this ensures that every trader can find something to trade. Most importantly, it is also easy to diversify your portfolio, which is key to keeping your risks under control. 

Educational Support

Not many brokers will offer its clients educational support, but digBITex doesn’t fall in this category as they have added the necessary learning materials that can help equip their clients with the right skills. You can find extensive learning materials that are designed for traders with different experience levels. The materials you can find include e-books, articles, webinars and seminars, guides, tutorials, courses and one-on-one training. You will also find an academy that’s dedicated to help traders in polishing their skills and knowledge. 

Payment channels 

The payment channels offered by a broker can go a long way in simplifying the process of trading because they have to make deposits and withdrawals at some point. The list of payment channels supported by digBITex shows that they are ready to cater to both modern and traditional traders. They have added support for debit and credit cards, including VISA and MasterCard for quick and easy payments. Online payment methods, like Neteller, is also supported. If you prefer the traditional route, you can use bank wire transfers, which may have longer processing times, but are quite safe.

Conclusion 

All of these offerings that you will find at digBITex indicate that the brokerage knows what it is doing and can assist you throughout the trading process.