Key Highlights
Account Minimum: $0.00
Fees and commissions: Free stock and options trading
Why We Choose ARKCoin
ARKCoin is a relatively less popular online trading platform, but it has increasingly attracted significant customer traffic over recent months. Here are some of the main perks that impress most traders and investors about this broker.
A vast selection of asset classes
Compared to most online brokers that usually provide just a handful of investment options for specific clients, ARKCoin offers an extensive selection of assets and fixed income products for all types of traders. This broker’s product offerings range from stocks, forex, crypto, and commodities to several other investments for retail traders and institutional investors.
Excellent order execution
The other reason most traders will quickly fall in love with ARKCoin is their sophisticated trading tools. The broker leverages its proprietary smart order routing software to ensure fast and efficient execution of trades at the best available prices in the market. The broker’s clients also have access to several other advanced and customizable tools to boot the entire trading experience.
Low margin interest rates
ARKCoin uses a tier-based mechanism to determine the margin interest rates for different trades. That enables traders access to multiple instruments while keeping costs minimal. Besides, ARKCoin does not impose account minimums, checking fees, and domestic wire transfer fees on its clients. You also get to trade stocks and options for free.
Broader market access
Trading with ARKCoin also allows traders and investors exclusive access to numerous market centers, including global markets and automated trading systems. That makes the platform ideal for traders and investors who demand more flexibility.
ARKCoin Pros and Cons
Pros
- An extensive lineup of trading instruments
- Excellent order execution
- Low margin interest rates
- Free stock and options trades
- Intuitive trading platforms
Cons
- The mobile app is still in the development stage
- Services are inaccessible in some countries
ARKCoin’s Usability and Trading Experience
Signing up with ARKCoin is straightforward and effortless across all its trading platforms. Thanks to their zero account minimums and inactivity fees, you do not even have to fund your account immediately. The broker supports multiple trading programs, including desktop, web, and mobile versions, compatible with both Android and iOS gadgets. This broker’s desktop, web, and mobile platforms have almost the same intuitive features and functionality that make navigating them much easier for beginners. The broker allows customers to trade the same asset classes on any platform. Similarly, traders can access charting, real-time data streaming, drawing tools, portfolio reports, watchlists, screeners, multi-leg options, research, and news.
All ARKCoin’s trading platforms have smart order routing software that facilitates trades’ fast and efficient execution. While all the programs provide an intuitive trading experience, the desktop and web versions have more robust tools for advanced traders. Beginners and casual investors would be more impressed with the mobile app due to its relatively simplistic design.
What Do They Offer?
ARKCoin emphasizes offering its clients greater flexibility when investing. Thus, they provide an extensive selection of asset classes and fixed-income products for both short-term and long-term investors. The broker regularly adds new product offerings to its portfolio, allowing its clients the desired flexibility. Here are the currently available products on ARKCoin
Disclaimer: This is a sponsored marketing content.
