Overview
Vexxsel has been a widely known brokerage industry for many years. It mainly focuses on retail traders and institutional investors who demand flexible investment alternatives. That has seen Vexxsel expand its portfolio to cater to a wide range of asset classes and fixed-income products. Besides, it also boasts an extensive network of global markets, exchanges, and market makers.
Pros
- A broader selection of investment products
- Easy access to international markets
- Multiple trading platforms
- Competitive fees and spreads
- Excellent trade execution
Cons
- Limited educational content
- The mobile app is still in the development stage
Why We Choose Vexxsel
Vexxsel has continually transformed its trading policies and practices to appeal to different types of investors. Nevertheless, here are the broker’s top benefits that would make you want to try it.
A vast selection of investment products
Vexxsel is undoubtedly a go-to platform for traders and investors who need easy access to a wide range of assets and other investment products. The broker emphasizes flexible investment options tailored to the unique demands of retail traders and institutional investors.
Access to international markets
Traders on Vexxsel are also guaranteed unrestricted access to multiple global markets. The broker has an established network of stock markets, financial markets, and automated exchanges worldwide, ideal for investors with diversification plans.
Multiple trading platforms
Vexxsel remains committed to the element of flexibility in almost all its operations. Thus, they also provide multiple trading platforms for novices and advanced traders. Their desktop and web-based programs best suit experienced investors and active traders, while the mobile app simplifies trading for beginners.
Competitive fees and spreads
While Vexxsel does not rank among the top low-cost brokers, it has a pretty fair pricing policy. The broker does not have minimum account deposits, account transfer or closure fees, checking, and domestic wire transfer fees. Vexxsel also supports zero commissions stock trading, with below-average margin interest rates.
What Do They Offer?
Vexxsel has a streamlined approach to online trading, with unique product offerings for different types of traders and investors. It boasts one of the industry’s largest selections of asset classes and fixed-income products. The main asset classes and products offered on Vexxsel include the following.
- Long and short stocks
- Bonds (Municipal, corporate, treasury and CDs)
- Forex
- Cryptocurrencies
- Mutual Funds (More than 1,500 no-load mutual funds)
- Options
- ETFs
- Commodities
This broker’s portfolio comprises a robust selection of all the major currency pairs and cryptocurrencies. Besides, the broker frequently updates its list of product offerings based on customer demand.
Markets
Vexxsel guarantees broader market access to all its clients, regardless of your level. It allows unrestricted access to stock and financial markets, automated exchanges, and market makers globally. That ensures more flexibility for traders and investors who may want access to foreign markets or more of their assets.
Trade Experience
Vexxsel offers an intuitive trade experience across all its platforms. The broker supports desktop, web, and mobile versions, designed with almost the same features and functions. The onboarding process is straightforward on all trading platforms. Vexxsel ‘s users can access various tools and resources.
Traders can set trade defaults or enter orders manually on Vexxsel ‘s trading platforms. Also, you can stream quotes, place multiple order types, and set trades for later execution. Additionally the desktop, web, and mobile platforms support charting, technical analysis, trading idea generators, screeners, calculators, research, and watchlists.
Vexxsel ‘s desktop version is more robust than the web-based and mobile platforms. It offers several advanced tools and customizability options suited to experienced traders. Novices should consider the web and mobile programs that are more user-friendly, with simplistic layouts.
Costs
Vexxsel takes a fairer approach to pricing, with some of the most competitive fees and margin interest rates. The broker has eliminated several standard fees, including account minimums. It also allows no commissions for stock trading. Although Vexxsel ‘s fee calculator might seem complex, the broker’s margin interest rates are well below the industry averages.
Final Thoughts
Vexxsel is an integrated brokerage with diverse product offerings, multiple trading programs, competitive fees, and broader market access. It is an excellent trading platform for all traders and investors who demand flexibility. However, Vexxsel also lacks educational resources and geographical coverage. Nevertheless, you can always contact this broker for further information.
Disclaimer: This is a sponsored marketing content.
