Why TP Market Trades is the Best Broker for Forex Traders in India
When picking a broker to work with, finding one that meets your needs wherever you are is essential. TP Market Trades takes good care of all its clients' needs based on many factors, including geographical location. For traders in India, there are many benefits to working with TP Market Trades, and this article will delve into a few.
CONVENIENT PAYMENT OPTIONS
Payment options
TP Market Trades offers you some of the most convenient payment options in the industry. Depending on your preference, you can use visas, MasterCard or crypto. However, the UPI option is the one method that caters best to traders in India.
The Unified Payments System is an instant payment system created by the National Payments Corporation of India. This payment option allows you to deposit and withdraw money using most banks in India. Moreover, it offers increased safety because you don’t have to input your card or account details.
In addition to the UPI option, most clients have marvelled at the crypto option on TP Market Trades. With this option, you can deposit and withdraw money from your account in the shortest time possible.
GREAT TRADING CONDITIONS
Trading conditions
A good broker offers trading conditions that allow you to prosper. These conditions can include execution speeds and trading costs. With TP Market Trades, you get some of the lowest latency and tightest spreads.
LOW LATENCY
Latency is the difference in time between placing an order and its execution. This delay means that the price of the asset you are trading can change before your order is executed. Therefore, the shorter this time, the better because you can enter trades at the price you place your orders. Consequently, you will experience little slippage.
The execution speed on TP Market Trades is 30 milliseconds. This time is well below most brokers and ensures that your trades are executed in the shortest time possible, increasing your profit potential. It also means trading in volatile markets and catching trends and reversals on time.
TIGHT SPREADS
Spread is the difference between the bid and the ask prices. In other words, it is the difference between the buying and selling prices. This difference is the cost of trading. Although it might seem small per trade, it accumulates the more trades you take. Therefore, it can dent your profits. As a result, it is essential to work with a broker who offers you the tightest spreads. The tighter the spread, the lower your trading costs. Therefore, you can keep more of your profits.
DISCORD COMMUNITY
Discord community
TP Market Trades is the only broker that offers a Discord community for traders to interact. This feature has many benefits.
NETWORK
The Discord community brings together traders of all kinds who work with TP Market Trades. It means you can interact with other traders in India. Here, you can meet them online and expand your network.
As a trader, it is essential to interact with those who might be more successful than you are. This way, you can learn more about trading and meet traders who can walk with you on your journey.
TRADING IDEAS
Working with a community of traders will expose you to different trading ideas. The more trading ideas you expose yourself to, the more trading experience you gain. Moreover, you can get recommendations for the Asian, London and New York sessions.
SUPPORT TICKETS
While trading, you can experience several problems that need expert advice. The quality of customer support a broker offers is quite significant. The faster you get responses, the quicker you can solve your issues and continue trading. Within the Discord community, traders can raise support tickets and get responses in minutes.
ANALYSIS
Discord analyses
TP Market Trades offers clients live streams where professional traders analyse charts and give recommendations. This feature is especially beneficial for new traders, who can get guidance on how to make trading decisions. It can also benefit more experienced traders, who can compare their analyses with those in the live streams.
MARKET UPDATES
Discord market updates
The Discord chart also allows traders to stay informed about the latest market news and events. You can prepare to receive and trade these news reports with insight from different traders.
PROFITS AND MOTIVATION
Discord success stories
Finally, the Discord community on TP Market Trades is excellent for motivating you in your trading journey. Traders post their profits and trades, which can encourage and improve your trading. It is easier to work towards goals when you see others who have already achieved the same goals.
FREE EDUCATION
Blog articles
Another great feature of TP Market Trades is the free education. You can improve your trading skills with TP Market Trades in many ways, including blogs and analysis articles. Moreover, if you are willing to pay, you can attend the more beneficial masterclasses.
The blogs will give you more information about the forex industry to help you along your journey. Meanwhile, the analysis gives you the latest technical and fundamental analysis by professional traders.
Although you pay for the Masterclasses, the value you get from these lessons is worth more than the money you spend. Here, you get to work with professional traders one-on-one, elevating your trading skills and increasing your chances of becoming a successful trader.
45% PROFITABILITY RATES FOR CLIENTS
Finally, TP Market Trades has a client profitability rate of 45%, above the market average. This performance comes from the dedication to creating the best working conditions for traders.
For instance, with TP Market Trades, you get access to the lowest latency, which reduces slippage and increases profitability. At the same time, you get to work with some of the lowest spreads, meaning lower trading costs and better profits.
Furthermore, clients use the cTrader platform, which has several benefits, including superior backtesting capabilities.
From the above, it is clear why TP Market Trades is the best broker for traders in India. You get the most convenient payment options, a community of traders, free education and increased chances of becoming a profitable trader.
Join TP Market Trades today and work with the best conditions for successful trading. Increase your network and skills with the Discord community and free education.