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In conclusion we can see that Polar BTC, a vintage broker for many decades, is a legitimate brokerage and NOT a scam. If you are searching for a top par firm to begin your trading career with then Polar BTC is a great choice. You can visit their website in the link below or keep on reading our Polar BTC review to learn more about them before making your choice.
Polar BTC Review
Your security as a trader matters a lot and you should know it before you even begin trading. I have seen hundreds of traders who begin their trading careers to make a lot of money. Well, you can’t really make a lot of money if you don’t even feel safe on a trading platform.
There are many ways the broker you sign up with can ensure the security of your login, personal information, banking information, and the funds that you deposit in your trading account. My Polar BTC review is dedicated to this broker because of its security features for traders.
Safety of Trading Account
Polar BTC takes multiple measures to ensure the security of your trading account. For example, when you sign into your trading account, you use a password plus a code that you get as an SMS. When you enter the password, the code is sent to you that you can only enter if you have the mobile device with you or you have access to your email.
This added layer of security is called 2FA authentication. Furthermore, the company has taken other measures to ensure the security of your account and the funds in it. It monitors the account 24/7 to catch any activities that seem unusual.
If an unusual activity takes place in your account, you are instantly notified about it. At the same time, the company might block the account only temporarily unless it seeks your approval. If you can confirm that you were using the account, it gets unblocked. However, if someone else was using the account, they will not be able to go any further and do any damage to your trading account in any way.
Safety of Information, Data, and Funds
You cannot sign up with the right online brokers unless you are willing to provide them with your personal and banking details. These details are required not only to create a unique record in your name but also in adherence to KYC and AML policies. So, what happens to the data you enter on this platform?
Well, it gets encrypted as soon as you enter it and this means no cybercriminals can access it without your authorization. In addition to that, the broker has made sure to store your information on secured servers where not even the employees of the company can reach your data without your consent.
The funds you deposit in your trading account let you trade on the platform. This is the money that you have managed to invest from your hard-earned savings. You can’t really lose them just like that. So, to make sure that your money is safe, you have to see if the broker has segregation of accounts in place.
Yes, you will get segregated accounts when you sign up with Polar BTC. Furthermore, the company has also made it a standard to not go with banks that are not regulated to ensure full security of your funds.
Safety through Training and Education
Do you know the education and training you receive from the broker can also serve as a way for you to be safe? The problem that many traders face is that they start with half-baked knowledge and lose their investments pretty fast when they begin trading. On this platform, you will not be making this mistake.
The platform has allowed you access to all of its training material as soon as you sign up with it. The training material contains educational resources suited not only for new traders but also for advanced traders who have been trading for many years.
I’d say you can ignore other things on a platform, but never compromise on your security. Your information is even more important than the money in your account in the modern times. So, you have to be sure that the platform you have chosen has some ways to protect your data, information, and the funds that you transfer into your trading account.