ViaChains Review

General Information
Broker Name:	ViaChains
Broker Type:	Forex & CFDs
Country:	UK
Operating since year:	2001
Regulation:	N/A
Address:	9863 – 9867 MILL ROAD, CAMBRIDGE, MG09 99HT.
Broker status:	Active
Customer Service
Phone:	+442045427623
Email:	[email protected]
Languages:	English
Availability:	N/A
Trading	N/A
The Trading platforms:	Proprietary
Trading platform Time zone:	N/A
Demo account:	No
Mobile trading:	No
Web-based trading:	Yes
Bonuses:	No
Other trading instruments:	Yes
Account
Minimum deposit:	N/A
Maximal leverage:	1:300
Spread:	Floating
Scalping allowed:	Yes

CONTENT

• General Information & First Impressions
• Fund and Account Security
• Registration at viachains.com
• ViaChains’ Trading Platform
• Conclusion

 

Broker Review: ViaChains

 

General Information & First Impressions

ViaChains is an experienced UK-based broker offering a versatile trading service. It constantly reworks itself to remain in line with modern brokerage standards and expectations. And with the larger retouch it’s done recently, it’s attracted a good bit of attention from traders. Our ViaChains review will tell you more about the broker so you can decide if it’s the one for you. ViaChains is one of the few experienced brokers that actually make an effort to keep up. As such, it’s in a unique position where it has business knowledge as well as modern conditions. That’s apparent from the way it organized its website. It’s information-dense and doesn’t waste users’ time. As such, you can inspect it quickly without needing to waste time reading through filler content. It shows respect for customers’ time and the brokers attitude towards its customers. The website also runs well, which showcases the broker’s technical prowess. That eliminates any of the frustration you would feel when signing up for an older brokerage that’s become out of touch. Overall, the customer experience when browsing through and exploring is fantastic. Naturally, that has earned the company some excitement for our viachains.com review. The broker offers a unique proposition while remaining versatile and open, making us eager to see what else it has in store.  

Fund and Account Security

Online security is often a challenging thing to estimate and even more difficult to maintain. Even a single slip-up can have massive and long-lasting consequences, which is why you need to be mindful of who you hand your data to. Of course, with brokerages, there are additional issues that aren’t related to your information. There are quite a few scams out there, and even things like fake brokers aren’t a thing of the past. Especially if you’re new, but even for some experienced traders, avoiding such scams is a tall task. That’s because inspecting a broker requires an entirely different skill set from trading. Of course, some investigative work translates, but that’s about the extent of it. That’s why we’re here to help and report our security findings for our viachains.com review. Undoubtedly, the biggest assurance that the broker has of its validity is its age. It’s a fact that scams simply can’t keep going for that long in the online brokerage sphere. That might have been the case before when it was the wild west regulation-wise, but the situation is much better now. We can also look at the company’s history to establish a behavioral pattern. It hasn’t ever been malicious towards users, and the likelihood that it will turn at the start of its third decade of operating is minimal. There’s also the fact that it’s from the UK. There are few more secure places for brokers location-wise. The fact that it chose to operate from a high-security area is also telling, since it could have easily gone offshore. Lastly, the formal documents are clear and concise, burying any doubt about the broker’s integrity. We’re highly doubtful that you’ll see even a hint of security issues with ViaChain.  

Registration at viachains.com

Signing up for a broker is often a tedious process, especially for brokerages that have been around for. The information they ask for straight away is often intrusive and feels uncomfortable for customers to give. And while we are talking about respected institutions, it’s often the trader’s first contact with them, more or less. As such, giving them information about yourself beyond the basics is unappealing. That builds on our discussion about security in the last part of our ViaChains review. One misstep may cause your data to float around on the internet for scammers to take advantage of. It’s one thing if that data is your email and password, you can change that. However, if it includes your residence, employment status, marital status, etc., it’s much more serious. It opens you up to identity theft and followup scams, putting you in quite a bit of danger. ViaChains realizes that if you want customers to feel safe and respected, you need to do that yourself. As such, it doesn’t ask you for the crucial information straight out of the gate and sticks with the basics for the registration. It only asks the bare minimum each broker needs to know, such as location, age, and your desired login information. That means you won’t need to give any overly-specific info that could later harm you if it got into the wrong hands. The registration process also streamlines some parts of the service, such as the account currency selection. It’s a nice feature to include straight away since some traders like to deposit large sums all at once. And the wrong base currency can cause you to lose money due to conversion, as well as slow down the fund processing.  

ViaChains’ Trading Platform

The trading platform is where most traders will spend a good portion of their time with a broker. As such, to guarantee a pleasant customer experience, a broker needs to provide software that’s pleasing to use. The process of trading itself is frustrating, and the platform doesn’t need to build on that. As we said earlier in our ViaChains review, the broker emphasizes usability and user happiness. It realizes that all the technical feats in the world aren’t helpful if trading is actually miserable. It’s not just that traders will feel down, but they’ll find it harder to focus and will see a performance decline. That’s why the ViaChains platform boasts an easy-to-understand UI that takes the best out of popular trading platforms. That makes the experience comfortable and lessens the learning curve. It’s especially important for the broker that those used to other trading platforms can adapt quickly. There’s also a slight degree of customization pertaining to where you want your elements to be. That helps with high-intensity trading strategies that rely on complex execution. A misclick can cost hundreds of dollars in such cases, or even more, and the broker recognizes the importance of muscle memory. However, we should also note that the broker didn’t sacrifice analytical capabilities for a comfortable platform. There are numerous visual indicators present that can help you predict market movements. You can have multiple on your screen at the same time, which is useful for following multiple factors or locating specific thresholds. Lastly, some prominent features exist, such as stop losses and take wins. That prevents users from getting stumped by sudden market shifts and frees up some of their time. Overall, the platform is a great mix of usability and sophistication, and even hardened traders will find it a fantastic tool.  

Conclusion

The broker is a company that’s rare to see in online trading. It’s an experienced broker that has managed to keep up with the times. That has numerous advantages, as we’ve outlined in our ViaChains review. Perhaps the most meaningful one is safety, as knowing you’re safe with a broker these days is invaluable. However, there are also other advantages that stem from the fact that ViaChains knows its traders well. It was able to leverage that knowledge into creating a user-focused experience that’s both potent and comfortable. We feel like there’s no doubt that ViaChains is one of the top market options right now. If you’re looking into switching brokers or starting to trade, be sure to visit viachains.com.