Choosing the Best Online Investment Platform

Online investment platforms are many today, and it may be confusing to choose the right one among the scores available. If you have no experience in this regard, you can always partner with a professional, who can guide you on how to choose the right investment platforms and make the right investment decisions. You need a platform with state-of-the-art features that can make the investment experience a unique one.

The popular forms of investment offered by online platforms are:

  • Bonds
  • Exchange-traded funds
  • Mutual funds
  • Options
  • Individual stocks.
  • Forex (currency) trading
  • Future trading

In this write-up, you will learn about crucial factors to consider when choosing an online investment platform.

online investment platform

What is the account minimum?

Before you carry out the investment, find out about the minimum investment amount and only join them if you can afford what they ask for. If the account minimum is somewhat high, you may not want to join them if your risk tolerance is low.  One of the rules of thumb that every investor must remember is to never invest in a new business what you cannot afford to lose.

The type of investment portfolio you are interested in can also determine the accent minimum. The mutual fund, for example, may require a minimum of $1000.  You also may find it difficult to diversify your investment if you want to invest a small amount of money.

Moreover, some investment platforms do not have an account minimum. Consequently, you can invest any amount you can afford.   If you are not sure about the reliability of that investment platform and you want to test the waters, you can start with a small amount of money that you can afford to lose and then increase your base later if the investment platform turns out to be reliable and profitable.

Consider the commission

You should give more consideration to investments that charge low commission. The commission to be paid depends on the type of investment in which you want to participate as indicated below:

  • Options: It usually attracts a commission between $0.5 and $150.
  • Individual stocks: It usually attracts commission between $5 and $10 and the investors are required to pay per trade.
  • Mutual fund: Some brokers do offer no-transaction-fee mutual funds. Partnering with such brokers will give you an opportunity to invest in the mutual fund without paying a commission.

Conclusion

The few tips provided above can be of help when choosing the right online investment platform to work with. One online investment platform that will never fail you is Fidentiax. They have all it takes to meet your financial targets. They are leveraging the blockchain technology to give their investors an experience of a lifetime.  The beautiful thing about their platform is that it is open to all, even if they can only afford small investment amount.

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Goa – The Land of Beaches

Goa is an Indian state situated on the country’s West coast. It stretches out along the Arabian Sea. It is famous mainly for its beaches and churches. It was a Portuguese colony before 1961. Old Goa is home to the Portuguese-style churches and the Basilica of Bom Jesus, which holds the remains of the state’s patron saint, Francis Xavier. The first things that you are reminded of when you think of Goa are those tall palm trees and sandy beaches!

The capital of Goa, Panaji, is quite a busy city. It is located on the banks of the Mandovi River. It houses colourful villas alongside cobblestone streets and buildings from the Portuguese colonial times. Miramar Beach is one of the beautiful beaches at the junction of the river and the Arabian Sea. The Goa Science Centre & Planetarium, situated near Miramar Beach, sports exhibits, model dinosaurs and an outdoor park. There is also a hilltop Maruti Temple, dedicated to the Hindu god Hanuman.

Fort Aguada is a seventeenth-century Portuguese fort standing atop the Sinquerim Beach in Goa. The fort was built way back in 1612. It is known to have been constructed for guarding the area against the Dutch and the Marathas. A freshwater spring in the fort supplied water to the ships that used to stop by. The fort gets its name from this; Aguada, meaning water.

Calangute beach, also known as the Queen of Beaches, is a must-visit for every tourist in Goa. It is the largest beach in Northern Goa. This beach is crowded irrespective of the time of the year. This beach is also a great place for fun and adventurous experiences. Parasailing is a thrilling experience and must be done at least once in a lifetime. There are experienced persons taking you over the water, very high above the sea level. Also, water skiing is another fun activity that you can try on Calangute Beach. This beach is known for the unique Goan culture.

Dudhsagar Falls is a waterfall located on the banks of the Mandovi River. It is situated 60 km from Panaji. Dudhsagar Falls is one of India’s tallest waterfalls with a height of 310 m. The nearest railway station accessible to the falls is Castle Rock station. Sightseers could catch a train from here and get off at the Dudhsagar stop, from where the falls is a 1-kilometre walk. This stop does not have a platform. There is also a 200 m train tunnel on the route that is completely dark. This experience is certainly a wonderful and thrilling one. But recently Indian Railways has banned passengers from getting off at this stop. There is, however, a trek to Dudhsagar falls which is open to the public.

Apart from these tourist attractions, there are numerous beaches—Anjuna Beach, Palolem Beach and Baga Beach, which are all buzzing tourist spots. The best season for travel is October-May. If you are travelling from Delhi, look up the Delhi Goa flights schedule and do visit this beautiful city.

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