2020-1-24 11:00 |
Traders rave about PrimeXBT because they love the platform’s trading tools and built-in charting software, but the real reason they can’t stop clamoring about the platform is because of the ROI they regularly churn out of their trading strategies.
After all, a trader’s main goal is to turn a profit and grow their capital as quickly and as safely as can be, and few platforms offer trader’s the tools to generate returns consistently while keeping risk to a bare minimum.
Here are the top ten ways traders are using PrimeXBT’s advanced trading tools to squeeze more profits out of the market than ever before and bolster their ROI.
Low Trading FeesNot all trades are home runs, and for those smaller victories, oftentimes they can seem that much smaller after broker fees are taken, and all that’s left is a measly profit. Traders regularly get frustrated that a large portion of their profits go right back to the broker, causing many who have yet to master the market to give up preemptively.
PrimeXBT offers some of the lowest trading fees and overnight financing fees in the entire market. Low fees means more profit back in your pocket, and much more motivation to keep trading.
Ultra-Fast Order ExecutionWhen you see the perfect setup, you don’t want to wait to get an entry and risk missing out on the ideal price point. PrimeXBT’s ultra-fast order execution ensures when you choose market buy or sell, the order is executed immediately, at the price that is currently displayed, with no delays.
Stop or limit orders also trigger the moment a price is reached, without fail, even during times of extreme volatility thanks to the platform’s reliable trading engine.
Minimal Spreads Between Bid and AskGetting the right entry or exit is one of the most important parts of a successful trader’s strategy and can make the difference between profits or getting stopped out at a loss.
PrimeXBT’s offers some of the tightest spreads across the market, and orders trigger with no slippage, ensuring the price you want is the price you get.
Built-In Charting ToolsMarkets are tricky, but those that regularly perform technical analysis can usually gain a competitive edge against traders that don’t. Rather than having to rely on a third-party service, traders on PrimeXBT can use the built-in charting tools with dozens of the most commonly used indicators that professionals swear by.
Indicators include the MACD, RSI, Bollinger Bands, Williams Alligator, and many others. In addition, orders can also be placed directly from the chart itself, for the most accurate entries and exits.
Advanced Order TypesThanks to PrimeXBT’s built-in charting tools, you’ll always know where or when you want to enter or exit a position.
Using the advanced order types offered by the platform, including stop-loss and take profit orders, traders can easily keep any risk to an absolute minimum, and maximize profits by ensuring profits are taken when key levels are reached.
Open Hedge PositionsFinding a short position in profit, but your gut and indicators tell you that the market may be turning around? With PrimeXBT, you can hold both short and long positions simultaneously to hedge against reversals without sacrificing profit.
Advanced traders can also build a portfolio using anti-correlated or uncorrelated assets to further hedge their trades.
Progressive Discount SystemAs if the fees weren’t low enough, PrimeXBT ups the ante by offering a multi-level progressive discount system to reward the platform’s most active traders with more profit in their pockets.
Traders with 300 BTC to 600 BTC turnover will receive a 25% trading fee discount, while those with over 600 BTC turnover will get a massive 50% off discount. A trader’s progress toward each level can be tracked in the website’s account dashboard, encouraging traders to keep trading and grow their discount levels.
Gear Profits With Up to 1000x LeverageOne of the biggest draws of PrimeXBT and the largest way in contributes to growing a trader’s ROI significantly and quickly is by offering up to 1000x leverage on the assets offered on the platform.
Leverage multiplies a position by a factor of up to 1000x, meaning any profits generated are also magnified by up to 1000 times.
Grow Referral Network For Added Revenue StreamThose that want to take their earnings to the next level, and really bolster their ROI, should aggressively seek to grow their affiliate network through PrimeXBT. Their referral program is a four-level system, where each you earn a portion of the fees of not only each new referral,, but any new referrals your referrals sign up as well – up to four levels deep.
There’s also a CPA program, or for those with large followings, a combination of the two for the greatest possible revenue stream.
Build the Ideal PortfolioMarkets are on fire lately, with traditional stock indices reaching local highs, Bitcoin rallying over 40%, oil exploding in value over growing concerns in the Middle East, and safe-haven assets like gold are beginning a new bull run.
It’s the perfect time for traders to profit from a variety of markets at once, and build a portfolio across crypto, forex, commodities, stock indices, and more.
SummaryWhile this list of features is already exhaustive, it’s still only scratching the surface of the wealth of profit-generating tools traders can use to regularly improve their ROI when using PrimeXBT.
With up to 1000x leverage, traditional and digital assets, and the most advanced tools around, it’s no wonder why traders everywhere gloat about their earnings using the platform.
The post Ten ways PrimeXBT’s advanced tools can bolster ROI appeared first on CryptoSlate.
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