Business Telegraph

.

Reviewing the Pros and Cons of the Trustpac Online Investing Platform

  • Written by NewsCo

Global and local Australian financial markets are still posting elevated volatility, even though the pandemic started more than a year ago. Retail traders have the unique opportunity to take advantage of these favorable conditions and some of the most important requirements are to work with a reliable broker, as well as to have access to an optimized online trading platform. Trustpac comes to the market with a customized solution, which makes this review a must for those wanting to know its main pros and cons.


Trustpac official logo

Advanced charting powered by TradingView

The Trustpac trading platform is a web-based solution integrating advanced charting capabilities from TradingView. This ultimately transpires into more tools and features traders can use to not only spot new opportunities, but also manage risk professionally, and place trades, regardless of geographical location.

TradingView charts are very popular among professional traders due to them being easy to use, as well as their complex instruments. Trustpac is aware of all the hurdles its customers can face, providing advanced trading benefits, to show its proactive approach.

Trustpac trading platform

No EAs but Social Trading is provided

The Trustpac platform does not come integrated with Expert Advisors (EAs), a benefit generally seen with software developed by MetaQuotes. However, traders wanting to put their trading process on autopilot can take advantage of the Social Trading service. This enables them to copy trades placed by experts. In the platform, they can see the Social section on the right, where the ranking of traders, based on P/L and number of copiers, is available.

Multiple execution modes

Many times. markets keep traders on their toes until things start to move in the anticipated direction. Not everyone has the ability to stay in front of the charts all day, making multiple execution modes imperative. With the Trustpac platform, traders can place market orders, limit orders, and stop orders on any of the assets covered.

This is an important feature, especially when trading assets that are active 24/5. Opportunities can knock on the door when traders are off their desks, forcing them to enter at a worse price or lose return potential. A pending order can ensure market exposure, even if the trader can’t monitor charts constantly.

It is also worth noting that the “set-and-forget” trading approach comes with limitations in terms of risk management. Traders need to always place stop losses and try to check the platform from their mobile phones if they’re not near a PC, to see how valuations are unfolding.

A friendly user interface and strong security

So far there has been no other point in history when so many beginners joined the financial markets en masse. Trustpac is aware of these developments and offers a platform with a very friendly user interface. Setting up charts, placing trades and funding an account are all tasks anyone can learn, without any solid previous background.

Also, Trustpac deploys powerful SSL security used by the banking sector, to ensure strong financial and personal data protection. Trading has to be a secure activity since only when that is ensured, traders can focus on taking advantage of new trading opportunities.

Trading with Trustpac in Australia

In order to easily trade in the financial markets from Australia, local citizens have access to the feature-rich platform provided by Trustpac. This proves to be a solution suited for both beginners and advanced traders, due to a user-friendly interface and also the generous package of tools and features. An efficient trading strategy should be able to factor in all the critical variables having an impact on valuations. The Trustpac trading platform was developed to meet this demand.

Entrepreneurs & Leaders

Steam Cleaning Carpets vs Other Methods: Which One is Better?

Maintaining clean carpets is necessary for the overall look and health of your home or business. With various cleaning...

Buy vs. Lease: 6 Tips for Making the Right Call on Business Equipment

Photo: chris robert / Unsplash Every major equipment purchase presents business owners with a crucial decision: buy or ...

Breaking Down the Basics of Business Partnership Agreements in Sydney

Agreements Over Business Partnership are important as they discuss and define the roles, functions, and expectations...

20ft Shipping Containers as a Sustainable Choice for Construction Projects

There is a sharp increase in the demands for sustainable building materials in modern architecture. Among the newest...

Benefits of Reverse Cycle Split Systems for Years of Comfort

Without the need for ductwork installation split system air conditioning provides an effective means of cooling part...

Top 5 Tax Benefits of Novated Leasing for Businesses

Offering novated leasing as part of a salary package can provide significant benefits for businesses beyond just impro...

Understanding Root Canals: When and Why They Are Necessary

Amongst the common dental treatments of infections in the pulp of a tooth is the root canal. The pulp of the tooth i...

Seasonal Maintenance of Anti-Bird Netting

Installation of bird netting is one of the measures that can be taken to ensure birds do not set foot in your proper...

Custom Kitchens Reflect Individual Personality and Lifestyle

Custom kitchens in Penrith have turned into a popular decision for property owners looking for special and practical...