Spartan Trade Review – Seamless Online Trading and Lower Fees
Spartan Trade offers highly intuitive trading platforms and lower fees for all types of traders and investors.
Spartan Trade is among the highly rated brokers by most traders and investors today. Even though it is not a big name in the industry, it has some significant perks that traders can hardly find from major players. Here are the top benefits of investing with Spartan Trade.
User-friendly trading platforms
Spartan Trade emphasizes optimized trading, leveraging technology and innovation to give its clients the most fulfilling experiences. Its web-based, desktop, and mobile platforms have intuitive designs with various custom tools to simplify trading. Some of the tools are pre-built, but most are customizable to support traders with different skill sets.
Lower fees and commissions
The broker also targets making online trading and investing more cost-effective to attract more institutional investors and retail traders. They have a no commissions policy for stock, ETF, and options trades. Trading other asset classes on the platforms attracts diverse fees but is well within the industry average.
Diverse product offerings
The other benefit of investing with Spartan Trade is that it allows traders exclusive access to various products and investments. That ensures greater convenience since traders can always find all the assets they need under one roof. Besides, the vast product selection provides robust opportunities for traders and investors to maximize profitability.
What Do They Offer?
Spartan Trade mainly seeks to deliver customized investment solutions for different types of traders and investors. Thus, they offer a more comprehensive selection of asset classes and investments that appeal to active day traders, casual investors, and beginners looking to venture into online trading. Spartan Trade ‘s clients can access the following products on all their trading platforms.
- Stocks (Long and short stocks)
- Forex (More than 70 leading currency pairs)
- Bonds (Corporate, municipal, and treasury bonds)
Spartan Trade also constantly update its product offerings list to accommodate more investment options. It focuses on high-potential products that would enable clients to maximize profitability while minimizing the risks. Besides, the platforms also allow traders and investors access to several global markets.
Spartan Trade Pros and Cons
There is always a brighter side and shortcomings to every investment platform and Spartan Trade is no exception. Here are the broker’s main pros and cons that you should keep in mind.
- User-friendly trading platforms
- Customizable trading experience
- Diverse investment products
- Lower fees and commissions
- The mobile app has limited features
Spartan Trade has three trading platforms; a web-based program, a desktop program, and a mobile application. All the platforms are free and compatible with numerous devices. They have simplistic designs with robust features that facilitate seamless navigation even for beginners. The intelligent routing technology is one of the highlights ensuring excellent trade execution.
Other incredible features of the trading platforms include screeners, multiple order placement, charts, watchlists, real-time data streaming, probability calculator, and options analytics. Those tools enable traders to customize and simplify the trading experience to their specific needs and goals. That ensures even beginner traders can access and use the platforms without difficulties.
Users also have access to reliable industry news and other educational materials besides the trading tools. The information comes in numerous formats, including videos, articles, courses, and expert analyses that even novices can easily understand. The trading platforms have almost similar features and functionality. However, some functionalities have limits on the mobile platform. For example, traders cannot place conditional orders through the mobile app.
About the Fees and Commissions
The fees and commissions vary significantly across brokers. However, Spartan Trade emphasizes low-cost investing in creating more opportunities for traders and investors. Trading ETFs, stocks, and options on the platforms are free. Besides, the broker does not impose a minimum account deposit, inactivity, or account transfer fees. Trading crypto, forex, CFDs, and bonds have different cost implications, but the rates are much lower than the industry average.
Are there Trading Risks with Spartan Trade?
Online trading is subject to various risks not specific to any broker. Spartan Trade has enhanced security provisions including 2FA, biometric identification, and cold storage to protect clients from common risks such as hacking. Overall, Spartan Trade is an excellent platform for all types of traders and investors. Still, users must also uphold high-security standards when trading or investing in keeping bad actors at bay. Contact this broker or visit their website for more information.
Disclaimer: This is a sponsored marketing content.