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CT Arena Review
The broker has a long history of successful business operations and offers a wide range of various financial products to a diverse audience of international investors. It has remained among industry leaders in a domain famous for its aggressive competition and incredibly high stakes. The total evaluation of the whole Forex market is close to $2.5 quadrillion. It is a massive industry that does not tolerate mistakes and weaknesses.
Pros and cons of CT Arena
In this industry, the question of attracting and retaining customers is a complicated issue. Many companies fail to do this. CT Arena has thousands of loyal customers from across the globe. The broker built trust and created strong bonds with clients by providing a valuable service and excellent tools to traders so that they can succeed.
Here are some of the advantages enjoyed by regular clients of this broker:
- State-of-the-art technology is the foundation of the infrastructure that allows this company to offer a great variety of financial products including investment packages, trust management, and favorable trading conditions. Users of the platform enjoy stability and fast order execution.
- Impeccable customer support is one of the reasons so many people continue supporting the brand. Support employees usually respond to inquiries from clients in a matter of minutes. You won’t need to wait for long until someone starts working on your issue with the service.
- The variety of financial instruments is key to success for day traders who often switch between assets and need a rich choice to reach peak efficiency. You can find commodities, currencies, and CFD contracts among assets that can be traded with this broker.
- High security is the top priority for CT Arena. The website uses encryption for all communications with users. Your personal information is protected and never shared with third parties. You will never be spied on!
While these considerable advantages are quite appealing on their own, the broker also excels in other areas of service such as user experience and marketing. On the other hand, it also has some notable issues:
- Slow banking is something that many users point out in their testimonials. Some traders wait for up to 5 business days to receive their earnings which is not something that should be tolerated.
- The trading terminal lacks some important functions such as unique technical indicators and customization.
Terminals you can use to trade with CT Arena
The native terminal offered by the broker is a good tool that can be used effectively to make reliable forecasts, but it is still miles away from what you can achieve by using specialized platforms that can be further expanded with custom strategies.
- MetaTrader4 is used by over 9 million Forex traders across the globe. The platform is often chosen for its immense flexibility. You can use add-ons to improve performance, use sophisticated strategies with multiple confirmations of signals, and install plugins that add more features.
- MetaTrader5 is the next version of the popular platform, but its only notable difference is that it can be used to trade cryptocurrencies and has a mobile version that is quite powerful and significantly improve your forecasting capabilities when you are on your smartphone.
- TradingView is a platform that has slowly become the industry standard. It is wildly popular among crypto traders, but it packs a nice arsenal of analytical tools that will be useful to anyone.
How can you educate yourself at CT Arena?
The broker understands that it must offer education to its novice clients. The website has a special section with FAQs, in-depth descriptions of popular trading strategies (like three candles or RSI), and analytical pieces written by respectable experts and time-tested analysts.
The main takeaway
The broker has many great merits like reliable banking, good customer support, a rich selection of financial instruments, and an excellent reputation. It is a sound choice for a novice trader looking to learn more about financial markets and a seasoned professional aspiring to improve their profitability.
