Broker Name: ViaChains
Broker Type: Forex & CFDs
Operating since year: 2001
Address: 9863 – 9867 MILL ROAD, CAMBRIDGE, MG09 99HT.
Broker status: Active
Email: [email protected]
The Trading platforms: Proprietary
Trading platform Time zone: /
Demo account: No
Mobile trading: No
Web-based trading: Yes
Other trading instruments: Yes
Minimum deposit: /
Maximal leverage: 1:300
Scalping allowed: Yes
- General Information & First Impressions
- Fund and Account Security
- Registration at Viachains.com
- ViaChains’ Trading Platform
Broker Review: ViaChains
General Information & First Impressions
ViaChains is a brokerage with an experienced team and a longstanding tradition in the trading world. Throughout its lengthy history, the broker has had the respect of both customers and industry professionals. Today, our ViaChains review will tell you about the current state of the company.
Inadvertently, a lot of older brokers face the issue of innovation. Like with most industries, the advent of the internet has significantly changed online trading. It’s more open, the innovation is more rapid, and users have many more choices. Choosing to work with a new broker if you don’t like your current one now only takes a few clicks.
That didn’t sit well with most experienced brokers, as quite a few of them have gotten complacent. They let their reputation carry them, which does work to some extent – until it doesn’t. And when it stops functioning, the brokerage collapses, either shutting down or trying to squeeze funds out of remaining customers, pushing away even the few that remain.
So, renewal is the name of the game. You can’t simply sit around and do nothing while competition overtakes you. ViaChains understands that well.
Unlike most brokers of its tenure, it actually operates on a different level, choosing to innovate consistently. That has made it a much more viable option, with modern trading features and an excellent customer experience. You can see a lot of this from the website, as it runs smoothly, is information-rich, and sectioned well.
Of course, our initial impression for the viachains.com review was fantastic, considering the company’s experience and expertise. It made us glad to explore further, as the broker positioned itself as few online trading service providers have.
Fund and Account Security
Security is always a significant concern when choosing a different broker than the one you’re currently using. The process of adapting to a new company is tedious enough, and scams are always a risk. Luckily, scams are less prevalent as regulation in the online trading sphere has gone up. Most scammers have moved to the comparatively unregulated crypto sphere.
However, the process can still be daunting, especially if you’re a brand-new trader and joining a broker for the first time. You might not know what to look at, and some red flags may slip by you due to unfamiliarity. That’s why this section of our ViaChains review will look at the broker’s safety in-depth, helping you form an opinion.
Luckily, we’re glad to report that the chances of you having security issues at ViaChains are minimal. We’ll start with the fact that the brokerage operates from the UK.
As you most likely know, there are specific areas in the world where financial regulation is more lenient. They’re mostly off-shore locations, and a lot of brokers pick them so they’d have more freedom. However, that can lead to customer-harming practices or outright scams with no punishment.
The fact that a broker like viachains.com chooses to run from a high-regulation area reveals its character. It’s simple; it doesn’t intend to trick customers, so it doesn’t need to more relaxed legislators.
The other factor is the broker’s age and the fact that it’s been around for over two decades. If it were a scam, customers and legislators would have run it into the ground by now. We’re confident in saying that the broker’s intentions are clear, and there’s no maliciousness towards its users.
Registration at Viachains.com
ViaChains shows its experience in details that are relatively minor but still add up over time. One of the things that the broker uses to improve the customer experience is the registration process. Namely, if you’ve signed up with a broker before, you know that the form can be quite meticulous and frustrating. That’s especially noticeable if you just want to sign up to check out the service and aren’t prepared to commit.
Answering detailed questions about your profession, maritial status, and so on isn’t comfortable. It’s even likely to bother you if you’re joining a company for the first time and aren’t confident in it. Instead, ViaChains offers a streamlined and relatively simple structure for signing up.
As we said earlier in our ViaChains review, the company is experienced and thus more knowledgeable regarding client relations. As such, it earns your confidence over time instead of assuming you’ll just give it away.
The form itself only requires some basic information, such as your location, name, and whether you’re of legal age. Every broker needs to ask that to know whether you’re within its service area. Of course, brokerages also face enormous fines if they let underage people trade or invest.
Additionally, since everything is within a single screen, the process is much simpler than with most brokers. You input your password on the first menu instead of needing to go through multiple. Again, it’s a small thing, but such small quality of life features improves the total experience greatly.
Lastly, we should also mention there are additional features, such as selecting your base currency, which helps avoid mix-ups. Lastly, you can also type in a referral code if you have one, which can give you a bonus.
ViaChains’ Trading Platform
During the refresh the company underwent that we mentioned earlier in our ViaChains review, it introduced a modern platform. While you’re trading, you spend the most time staring at and using a broker’s trading software. As such, it’s one of the factors that shapes the trading experience itself the most.
If the platform is unwieldy and clunky, it’s sure to frustrate customers. Some may be able to brave it and truck on, but even then, the frustration degrades their trading performance.
Luckily, ViaChains crafted a top-notch proprietary platform that’s both potent and user-friendly. The UI is intuitive and customizable to an extent, letting you gradually get used to the broker. That way, it can satisfy newer users while also not forcing those set in their ways to change. It’s a fantastic solution that maximizes comfort without any real downside.
Furthermore, the slight customization is important for high-intensity strategies. Day traders and scalpers, for example, must be able to utilize split-second trades. As such, they need to have an intimate knowledge of button placement and click patterns. ViaChains offers them a solution that doesn’t mess with their muscle memory.
Of course, the platform also includes various visual indicators and tools that help traders analyze markets. It supports the use of multiple visual tools at once, letting you find and recognize patterns and breakout points. It also has some automation, with take wins and stop losses. You’ll be able to step away from the platform without feeling guilty or stressed.
Overall, the software feels great to use and fits the service well. We feel like few people will find anything to complain about with the viachains.com platform.
ViaChains Review: Conclusion
It’s apparent that we think the broker is in a splendid state that few companies achieve. It’s versatile, open, and has a ton of features that you can rarely see elsewhere. The combination of experience and innovation really shines through, as few manage to stay as competent while also focusing on user experience.
We can’t conclude our ViaChains review any other way than with a definite recommendation. It has a diverse set of trading conditions, so there’s something for everyone.