CT Arena Review
CT Arena is a well-known name in the industry of brokerage services. With a long history of success and regularly updated products, this provider is certainly among the leaders within this competitive domain. If you are looking for a reliable partner in the world of trading, this broker should be on your radar. It is a trustworthy organization with a good reputation.
Things that work at CT Arena
The broker has a solid arsenal of financial products and offers a versatile package of services to all its clients. You can use your main account to access a variety of markets without the need to switch between them. Financial instruments are abundant and allow for easy diversification.
The technology is not lagging behind the industry. The web platform is robust and uses the latest standards in security.
Here are some of the advantages that this broker has:
- CT Arena focuses on creating a safe environment for online investments. Your communications with the broker are fully encrypted. Your data is never shared with third parties
- Versatile banking allows users to choose from a variety of methods to deposit and withdraw: debit cards, bank transfers, and payment systems.
- Excellent customer support that responds quickly and assists with any issue you might have with the platform.
Things at CT Arena that could use some improvements
The broker lacks in the department of analytical tools. Contemporary terminals usually feature a rich spectrum of different indicators, graphical tools, and more. While CT Arena also implemented some instruments, they are insufficient for a proper prediction. Since most traders rely on technical analysis, lacking in this area is a distinct downside.
On the other hand, we couldn’t find any other significant issues with the service.
Leverage at CT Arena
Most traders engaging with derivatives and currency pairs opt for margin accounts since using their funds is rarely enough to efficiently earn money. CT Arena offers flexible borrowing schemes allowing users to choose the size of leverage and adjust their risk assessment accordingly. If you know your way around stopping loss orders and can mitigate risks, using leverage is a big advantage.
The broker offers leverage for all operations, but you have to think twice before using borrowed funds in volatile markets. Usually, it is a good idea to utilize a spread trading strategy to avoid being margin-called.
Staying mobile with CT Arena
The broker has a nice mobile application that has the same functionality as the website which is a good thing. The app allows you to place orders, analyze markets, read relevant news, and manage your portfolio even when you don’t have your laptop. For over 5 billion mobile users across the globe, working with a company that has an app is a must!
Licenses and regulations
The broker has a valid license and operates according to industry standards. All business activities are conducted lawfully. The broker also participates in self-regulating organizations. You can check the validity of their paperwork on the official websites of regulatory bodies.
Customer support team
CT Arena puts a strong emphasis on caring about customers and offering assistance whenever they need it. Employees at CT Arena are superbly trained and demonstrate outstanding competence. They are polite and usually respond within a business hour. You can reach out to the support department via live chat, e-mail, and social media.
Is CT Arena for you?
This cryptocurrency broker offers plentiful opportunities for profit-making. If you have a good strategy and understand risk management, you will feel at home when working with CT Arena. Nevertheless, you should test their platform before committing to a serious investment.
The verdict
CT Arena is a reliable provider of financial services in an industry where remaining near the top is very hard. The long history of the brand is proof of its resilience and trustworthiness. If you are looking for a platform where you could start investing in various financial instruments without the risk of being scammed, this broker is the right choice.
