Vexxsel Overview
Account Minimum
$0
Fees
No commissions for stocks & ETFs, $1 per contract options fee
Product Offerings
Stocks, Forex, Cryptocurrencies, Bonds, Mutual Funds, Futures, Commodities, ETFs
Trading Platforms
Vexxsel Desktop, Web
Supported Currencies
24 currencies, including USD
Customer Support
Phone, Email, Live chats, Messaging
Introduction
Vexxsel has grown to become a leading brokerage with a vast clientele base across multiple countries. The firm has business in more than 150 market centers worldwide, and its trading volumes have kept growing daily. Traders and investors from over 200 countries and territories can trade forex, stocks, futures, cryptocurrencies, bonds, mutual funds, and other securities from one integrated Vexxsel account. It supports two trading platforms with advanced tools and technologies, ideally suited to active traders. Vexxsel also allows you to fund your trading account in multiple currencies and access competitive fees.
Vexxsel Pros and Cons
Pros
- Broader market access
- Huge selection of tradeable securities
- Excellent trading tools
- Competitive fees
- Client-focused educational materials
Cons
- Trading platforms can be overwhelming to beginners
- The mobile app is still in the development stage
Where Vexxsel Shines
Broader market access
Vexxsel is an established platform with access to numerous domestic and international markets. Their main aim is to give investors the freedom and capability to pursue their chosen investment strategies more efficiently. Traders can fund their accounts in more than 24 currencies. Vexxsel allows you access to over 150 markets across more than 200 countries.
Huge selection of tradeable securities
Vexxsel is a multi-asset brokerage with one of the most extensive investment portfolios in the industry. It offers a vast selection of tradable domestic and global assets and other unique products with fixed incomes. Whether you are looking to make your first move or diversify your online investments, Vexxsel has something for every investor.
Excellent trading tools
Active traders will find Vexxsel’s desktop and web platforms quite resourceful. Apart from the fundamental trading tools, the venues also offer technical analysis and research for proper screening, execution, and monitoring of trades. Clients can also access their educational videos and webinars for more informed investing.
Where Vexxsel Falls Short
Although Vexxsel offers several unique perks, the broker also needs to catch up in a few areas you may want to take note of before joining the platform.
Trading platforms can be overwhelming to beginners
Vexxsel is mainly a pro-level platform with advanced trading tools and features that can confuse less-experienced traders.
Who is Vexxsel Recommended For?
While Vexxsel boasts unique benefits for traders and investors of all levels, it primarily targets experienced investors and professional traders. It offers powerful trading, analysis, and research tools for experts. However, casual traders and investors can also take advantage of its robust product offerings, competitive fees, and educational materials.
Trading and Investment Tools
Vexxsel’s desktop and web versions are feature-rich, with a library of fundamental and technical tools enabling you to analyze, screen, execute and monitor your trades more efficiently. Here are the essential trading and investment tools accessible across the platforms.
Smart Order Routing software
Vexxsel uses an innovative order routing technology that helps you to get excellent trade executions by searching for the best prices for different assets on global markets.
Vexxsel Global Trader
This broker has a simple application with a streamlined design for experts and beginners to trade stocks on global markets.
The other supported trading and investment functions on Vexxsel include.
- Charting
- Watchlists
- Multiple order types
- Price alerts
- Technical analysis
- Research
- News
- Education (videos, articles, webinars)
Fees and Commissions
Vexxsel’s pricing mainly depends on assets, but they charge no fees for stocks and ETFs. Here are vital pointers of their charges:
- $1 per contract options fee
- $0% -3% margin interest rates based on the account value
- International orders attract exchange fees
- Zero account maintenance and inactivity fees
Check the Vexxsel website for a complete pricing guide with full details of the fees, commissions, and margin interest rates.
Final Thoughts
Vexxsel is an excellent pick for active traders who demand powerful trading tools and unrestricted access to a wide array of securities and global markets. They also boast competitive pricing, with below-average fees and commissions and well-curated educational resources that will appeal to several casual investors and beginner traders. Please get in touch with this broker for more information.
Cover Photo by Stephen Dawson on Unsplash
DISCLAIMER: This article is sponsored and does not substitute for professional advice or help. Any action you take upon the information presented in this article is strictly at your own risk and responsibility.
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