You have come to this PrimeOakmont review, which means that you are contemplating whether to sign up with them or not. It is not possible for anyone to trade in the financial markets without the services of a broker, so people have to search for one. No matter how tempting it might be, signing up with the first name you find, or with any random platform can lead to setbacks you would rather avoid. The only way to choose is to do your homework and this means finding out everything relevant about a broker before you decide to trust them.
It may seem like a lot of time and effort, especially when you could be enjoying the trading opportunities. However, you should bear in mind that this can and does pay off in the long run when you are able to have a profitable and stress-free experience with no regrets. PrimeOakmont has gained popularity since it was founded in 2013 because it is Bitcoin-based and offers a well-rounded experience. Its availability in 150 countries speaks volumes about its capabilities. You can find an overview of their offerings here:
Trading instruments available
Checking the offerings of a broker should start with their trading instruments because these determine your profitability and risks. It is not just cryptocurrencies that you will find available at PrimeOakmont because this Bitcoin-based platform is actually giving you access to some of the other well-known financial markets as well. You will find more than 100 trading instruments available here.
When you check them out, it becomes apparent that they belong to various markets, such as forex, indices, stocks, commodities and of course, cryptocurrencies. This allows anyone using the PrimeOakmont platform to opt for portfolio diversification, as they have access to multiple markets through a single account.
State-of-the-art security provided
If there is one aspect of a broker that should never be ignored, it is security. You do not want your money to be stolen, or your data to end up in the wrong hands and since you trust a brokerage with both, they have to take steps to provide protection. It is apparent that PrimeOakmont has not taken this responsibility lightly because they have a state-of-the-art security infrastructure in place.
All deposits made are kept in accounts with the leading banks and kept segregated, so the brokerage cannot use your funds for its own obligations. They are reserved for trading alone and to be refunded in the case of bankruptcy. All data that you share with PrimeOakmont during the course of your journey is kept protected under 256-bit SSL (Secure Socket Layer) encryption, which means no one can view it without authorization.
Another security feature you will discover is the adherence of PrimeOakmont with security policies like AML (Anti-Money Laundering) and KYC (Know-Your-Customer). These require traders to provide proof of ID and proof of residence, which mitigates risks like financial fraud, identity theft and money laundering.
Account registration and options involved
To be able to use a broker’s services, you have to register on their platform and open an account and PrimeOakmont requires you to do the same. But, their registration process is simple and fast, as you can get it over with in five minutes or less. It only involves a concise form on their website and agreeing with their Terms and Conditions and offering age confirmation.
As for the accounts, you will find that there are five options that have been added by PrimeOakmont for facilitating traders from different backgrounds. Mini ($250 deposit), Silver ($1,000), Gold ($5,000), Diamond ($100,000) and VIP ($250,000) are available. Traders can also benefit from features like flexible welcome bonus, account manager, competitive spreads, daily market reviews, VIP mentorship program, trading signals, access to premium trading room, educational course and more.
With these offerings given at PrimeOakmont, it is possible for every trader to sign up and begin working on achieving their financial goals.