Feedback on the broker Brighter Trade

The official website of Brighter Trade

Brighter Trade is a young forex broker that offers its services in trading on financial markets, including CFD contracts for currency pairs, stock indexes, commodities and shares. Like all modern companies, Brighter Trade also provides an opportunity to earn on cryptocurrencies and their price difference.

Special software allows you to take advantage of immediate execution with real-time market quotes and an intuitive interface, designed to meet the needs and goals of traders of different levels and experience in Forex.

If you do not have enough experience to conduct independent market analysis, you can connect your account to the automated trading system using the program Abi. I recommend to get acquainted with overview of this unique robot on my site.

 The official website of the broker is located at https://brightertrade.com/. It is presented only in two language versions: English and German. In general, the site is standard, it is easy to navigate. For myself, I easily found all the information I needed to compile this review in just a couple of minutes.

Just want to say that the broker does not accept traders who are residents or citizens of Israel, Belgium, Estonia, France, Lithuania and the United States, and may refuse to accept traders from other jurisdictions. This should be checked with the support service at the time of registration.

About Us

Broker Brighter Trade was founded in 2018 year. Officially registered in Saint Vincent and the Grenadines, with registration number 24500 IBC 2018, Suite 305, Griffith Corporate Center, 1510, Beachmont, Kingstown.

Broker provides the ability to trade CFDs. CFDs are over-the-counter financial products that are not traded on any exchange and do not provide the owner with any rights or underlying asset.

BrighterTrade was created with the basic idea to provide premium investment opportunities to millions of traders around the world. The broker quickly gained a reputation as a leading trade authority in the field of crypto and CFD trading and set the standard to ensure a satisfactory trading experience at each stage.

Investors can control their accounts and income from anywhere in the world with fewer restrictions from third parties, such as banks. Broker works every day to achieve excellence in work and maximum comfort.

The trading platform was designed to use the latest technology, with a user-friendly interface and integrated educational tools.

The company fully secures your personal and financial information using SSL security features.

Register

To become a client of the company, it is necessary to register your personal account without fail and on conditions common to all. To do this, simply fill out a special form with your contact information on the site. After that, enter your personal account and replenish your trading account in the amount of the minimum deposit. Well, then open the trading platform, make deals and earn in real time with Brighter Trade.

To create your own account, you need to fill in the following personal information about yourself:

• FIO;
• Country of Residence;
• E-mail address;
• Mobile phone number;
• create a password for your future personal account.

Please note that all personal information you enter must be accurate. The next mandatory step will be verification and provision of scan copies of documents proving your identity. In the event of a discrepancy, the security service may block your account until clarification.

The company also does not accept persons who have not yet reached the age of 18. Only adult clients receive the right to earn on financial markets with Brighter Trade.

You can open an account in USD, EUR or GBP. Please note that you will not be able to change your account currency after completing the registration procedure.

Registering with a broker is completely free and does not require a deposit. But to start trading with real money, you will need to make the minimum deposit amount from 250 dollars.

Account Types

Brighter Trade has created special trading accounts based on the needs and goals of all traders. For your convenience, the broker has combined the most popular services into packages. Their availability depends on the amount of your first trade deposit. By investing more, you get the opportunity to take advantage of additional bonuses and benefits.

There are four types of trading accounts on the site:

• Independent management: in order to receive it is necessary to replenish a trading account in the amount of Euro 250.
• Gold: The minimum deposit is from Euro 10000.
• Platinum: The minimum replenishment amount is from Euro 50000.
• VIP: to receive it you need a special invitation. To do this, it is better to clarify the necessary information in the customer support service.

Access to more than 200 trading assets and daily market reviews are obtained by all clients, regardless of the status and type of trading account.

Trading signals can be received only by traders with a Platinum or higher status. There are also significant differences in leverage. The initial status is 1: 100. Gold - 1: 200, Platinum 1: 300. Well, the highest level of leverage among privileged VIP clients, which is 1: 400.

By the way, only traders with Gold and higher account status can attend webinars.

For me, this is not quite the right approach. As if the company extorts as much money as possible. And the sum from 10000 euro is very high. Well, with the initial type of account, in fact, the trader does not receive anything of value. Even the same webinars can not attend.

BrighterTrade uses all possible measures to ensure the safety of its customers. The broker uses the internationally recognized SSL (Secure Sockets Layer) security system that encrypts all credit card payments over the Internet. This system is automatic and you will receive an instant notification if your browser does not support it.

Trading

The conclusion of transactions takes place in a special trading platform, which does not require any additional installation, since it was created specifically for the web terminal.

The trading terminal itself has a standard look that you can meet with many other European brokers. In the left pane, you can select a trading asset from the list presented. On the right there is a graph, where a graph of quotes is displayed in real time.

On the chart you can carry out market analysis, for this the following tools and functions are available:

• linear and candlestick type of graphics;
• nine timeframes ranging from 1 minutes to 1 months;
• a graphical analysis panel for building trend levels and support and resistance lines;
• 14 embedded technical analysis indicators that will help not only determine the main trend in the market in both the short and long term, but also the entry point for opening a transaction.

Below is a panel for opening deals. Here you can configure the ability to open an order in One Click.

Brighter Trade allows traders to use trading signals generated by a team of analysts and experts. It is also possible to calculate all the parameters of the transaction on the trader's three calculators, including Fibonacci, directly on the site.

Webinars are an integral part of the broker's educational center. They give traders the opportunity to talk with experts and ask questions related to the topic of the webinar. The webinars are conducted by a senior analyst and will provide exclusive tips to help you make money.

As the broker offers webinars only once a week, it is recommended to plan ahead and record the time on your calendar. To find out if you are eligible to participate in webinars, contact your account manager or register in a special section of your personal account devoted to webinars.

Enter and withdraw profit

The following payment methods are available for depositing and withdrawing funds from your trading account:

• bank cards;
• bank transfer;
• Bitcoins

The withdrawal of funds (or the return of funds) is carried out according to the same method for which funds were deposited. For example, if you deposit money with a credit card, the refund will be transferred to the same credit card.

The amount for the minimum withdrawal of profits in Bitcoins is 250 dollars. For all other methods, this amount ranges from 100 dollars. Before you make your first request for withdrawal of profits, you must pass the verification procedure, which can take from 7 to 10 working days.

As for deadlines, they can take up to 48 hours to process an application for withdrawal of profits.

If no Transaction has been executed through your Account for 30 days in a row, the broker may charge a non-active account in the amount of 99 US dollars / pounds sterling / euro for each such period.

If you have previously used bonus offers and promotions, then before you can make a profit, you must work out these bonuses. Each bonus requires that you reach 50 000 trade, so that it can be removed.

As mentioned earlier, the verification procedure is mandatory at the broker. For this you need to provide the following documents:

• Personal identification.

Color copy of a valid ID issued by the government.

Examples of accepted photo IDs:

• driver's license;
• identification;
• passport.

Expiration date must be valid. The entire document must be present in the downloaded copy, including the full name, identification number, photo, and expiration date.

• Passport confirmation.

A color copy of your current utility bill as proof of your current address.

This can be: a request or receipt for payment sent to your legal address, for example, a bill for water, electricity, gas, internet or telephone, or a recently issued bank statement.

In order for it to be approved, a utility bill or bank statement must be issued within the last 6 months after submission. The entire document must be on the uploaded copy, including your full name, address, date of issue, and the utility company logo.

• Credit Card Identification.

If you are going to replenish your trading account using credit cards, then download scanned copies to meet the following requirements:

• The entire map should be visible, showing all four corners.
• CC Front must show the first 6 digits and the last 4 digits of the card, the name of the cardholder and the expiration date (please enter other digits).
• There must be a signature on CC Back (make sure the CVC / CVV code and all 16-digit card numbers are hidden in case you can see them from behind).
• Copies that are not clear, cut, or contain missing necessary data (BACK copy without signature, FRONT without required details) will not be approved.
• Please note that in case of using several cards to replenish your account in BrighterTrade, we will need copies for each card.

Depending on the method of making a deposit, the company reserves the right to request additional documentation to ensure proper customer verification.

For your convenience, you can send the necessary e-mail to the address compatibility@brightertrade.com.

The company accepts the following formats: jpg, jpeg, png, gif, pdf and doc. It does not accept compressed formats or links. Please ensure that the documents are clear and legible. After sending, you will receive an email indicating whether the account has been verified or not.

Please note that further documents may be required for further billing procedures. For details, please contact support.

If you have any questions, please contact customer support in one of the following ways:

• email address support@brightertrade.com;
• feedback form;
• Online chat on site (Monday to Friday with 07: 00 to 16: 00);
• at Harju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-K367, 10119.
• by phone number + 4930255555708 (Monday through Friday from 08: 00 to 14: 00).

All running hours shown are in GMT. Please note that the opening hours of the phone are subject to change.

Conclusion

Broker Brighter Trade is at least a young company, but in my opinion promising. Naturally, she still has something to work on. Yes, and such companies are checked only by time. Well, the year is so far too little experience of a brokerage company.