Self-Trading accounts with World Markets
As an investor, you certainly want to have control over your own money. You surely don’t want to be persuaded and manipulated into investing in something that benefits somebody else rather than you. If you work with financial advisers, often you give the power of choice over to them. Essentially you are giving up control of your cash in hopes that another person can manage it prudently and increase your capital. World Markets came up with a better way to manage your investments – self-trading accounts. They provide you with a wide range of flexible options: where and how much to plunge. This type of account enables you to buy stocks, bonds, and funds with direct access, surpassing financial advisors’ services.
Other benefits of Self-Trading accounts
Apart from gaining control over your investments, many other advantages speak in favor of a self-trading account. Often dealing with financial consultants, you are not entirely sure if their practices are honest and ethical. For example, you may suspect that some financial advisors are trying to sell you something that generates profits for them rather than for you. With a self-trading account, you don’t need to stress that you are being pushed and worked in a specific direction. You get to run the show of where to allocate your own money. And last but not least, self-trading accounts usually require fewer costs for you as an investor.
World Markets’ partners
When you look at World Markets partners, you get a secure feeling, too. Take, for example, HY Markets that has a solid reputation as one of the leading Forex brokers globally, with over 40 years of experience in this business sphere. Their customer care is remarkable, with personal account supervisors available for those who need it. HY Markets is accredited and managed by the Financial Conduct Authority (FCA) of the United Kingdom.
In its term, HY Markets is affiliated with the Henyep Group, an internationally diverse corporation that does business in over 20 countries and three continents.
Both World Markets and its affiliated companies understand that every trader has his or her unique approach and mindset. For this reason, they desire to offer flexibility through various types of accounts tailored for each category of investors.
Firstly, there is the Mini Account, which requires a deposit of $50. It is attractive mostly for newbie investors. Then there is a Standard Account with a $750 deposit for those with some more experience on the market. Of course, there is a Premium Account as well, available for a $2500 down payment. Each account uses 300:1 leverage with a 1.8 pip spread.
Finally, there is a fourth account – the HY Pro Trader Account- for a $5,000 deposit. It claims 200:1 leverage and 0.5 pips.
And those who are particularly very careful with their investments and want to come up with the best risk vs. reward scenario can use a demo account for paper trading. On top of it, there is another great feature offered by HY markets where you can trade virtual funds in the worth of $50,000.
In conclusion, to ensure that you are the one who is in the driver’s seat, making your own choices about investing your own money, use a self-trading account that you can open with World Markets.
