FAST FACTS
Account Minimum: $0.00
Products: Stocks, ETFs, Options, Forex, Crypto, Bonds, Mutual Funds, Commodities
Fees: $0 for stocks / $1 per-contract charges for options
Our Take
CurrentCoins is one of the most renowned mobile trading platforms, attracting a wide range of traders who are also quite impressed with its robust product offerings. Besides, CurrentCoins also boasts competitive fees and margin interest rates, making it an excellent platform for beginners and active investors. Here are the broker’s top benefits.
Superior mobile app
CurrentCoins has a robust mobile app that offers all the fundamental trading tools and intuitive add-ons for a more seamless user experience. The mobile app integrates several custom features, calculators, screeners, and analysis tools that simplify the overall trading experience for beginners and casual traders.
Excellent trade execution
Users will also quickly love the trading experience on CurrentCoins because of its smart order routing function. The software routes orders to numerous market centers. Then, it automatically executes each leg at the most low-cost market center. That also enables you to get the best price executions, maximizing profits.
Diverse product offerings
Investing with CurrentCoins also allows you access to a vast selection of products. The broker’s offerings comprise a wide range of domestic and foreign assets, ideal for retail traders and institutional investors.
Overview
CurrentCoins is a well-known brokerage with a broader customer base that spans several countries worldwide. While it is mainly notable for its robust mobile app, the broker also offers desktop and web-based versions that meet the needs of active traders. This broker’s diverse product offerings and competitive pricing allow you to pursue your preferred investment strategy. However, the broker falls short in educational resources and accessibility.
Pros
- Superior mobile app
- Excellent trade execution
- Diverse product offerings
- Competitive pricing
- Reliable customer support
Cons
- Limited educational resources
- Services are not accessible in some countries
Are My Investments Safe with CurrentCoins?
CurrentCoins is generally a safe investment platform with millions of assets under management. The broker has industry-average security measures, including two-factor authentication, biometric authentication, insurance coverage, and cold storage options for crypto investors. Besides, CurrentCoins has not reported any security issues recently. However, you may opt for extra security precautions based on the type of investments and your needs.
Trading Experience
CurrentCoins supports mobile, desktop, and web-based trading platforms. However, its mobile app is the main highlight, offering robust tools, and features with a simplistic appeal that simplifies trading for traders of all levels. Onboarding is straightforward, and CurrentCoins allows users to open accounts and test the platform for up to 90 days without funding them.
CurrentCoins’s mobile app is a powerful and intuitive downloadable program compatible with multiple devices. It allows you to execute trades by just entering a symbol, but you can also use the smart order routing software for prompt and better price execution. It supports charting, multi-leg options, trading idea generators, portfolio analysis, screeners, calculators, research, and news.
Products
CurrentCoins boasts extensive product offerings that cater to the needs of retail traders and institutional investors. The broker’s portfolio integrates a broader selection of high-growth assets and fixed-income products, including;
- Long and short stocks
- ETFs
- Options
- Foreign exchange (more than 50 currency pairs)
- Bonds (corporate, municipal, treasury and CDs)
- Mutual Funds
- Crypto
- Commodities
Pricing
CurrentCoins has a reputation for transparent and competitive pricing, with relatively low fees and margin interest rates. Here’s a rundown of the costs on CurrentCoins.
- Zero account minimum
- No commissions for stock trades
- $1 per contract fee for options
- Free trade confirmations
- International transactions attract exchange fees
- High net-worth account holders can negotiate lower-margin interest rates
You may still be subject to other costs on CurrentCoins, so check the complete pricing schedule before placing any orders. You can also contact their customer support team for more clarifications about pricing and fees.
CurrentCoins is Best For
CurrentCoins shines with a robust and easy-to-use mobile app, diverse product offerings and competitive fees. It also offers great customer support that significantly elevates the user experience. Overall, CurrentCoins has a relatively simplistic appeal, best suited to beginner traders and casual investors.
Disclaimer: This is a sponsored marketing content.
