Askobid is a relatively new EU broker registered in Saint Vincent and the Grenadines (SVG). It is the property of Solt Corp Ltd. The website says that it uses the most recent and advanced technologies to protect funds of their clients. This broker offers Stock indices, Forex, and Commodities.

Askobid runs its own platform along with MetaTrader4. The primary goal of this feature-packed broker is to provide an excellent user experience. To do so, the developers created a perfectly-designed, customizable, and simple-to-use website with the info and data that traders may ever require.

Who Will Benefit from Using Askobid and Why?

As for the target audience, Askobid deals with plenty of traders: from new to middle-level. Since 2019, it is possible to use this platform. The suggested tool, WowTrader CFD Trading Platform, is easy and established for investors and traders who have never dealt with MT5 service. There is no solution for mobile devices yet.

While many brokers try to function outside the limitations of regulations and provide almost no support for their users, Askobid sticks to the strict guidelines and account funding. They offer sufficient help to their clients.

The brokers stress the essence of studying and mastering Forex. It is possible to find the Academy section on the Askobid official site and obtain the necessary financial knowledge. The newbies in the world of trading will quickly learn how to use various brokers and invest money smartly. The educational part here also involves numerous daily market reports and webinars. Still, the website looks like it is in progress, as not all sections are complete.

What Are the Main Features of This Platform?

Being an offshore broker, Askobid offers 400:1 trading leverage. One can choose among a range of underlying assets like silver, oil, and cryptocurrency. The minimum trading account type requires a deposit of at least $5,000.

Askobid’s platform is multilingual, making it possible for traders from different parts of the world to use it. The descriptions and interpretations of the existing account types are very clear, written in a familiar language. The best method to communicate with the site’s reps is Live Chat, which is available 24/7. The local representatives typically respond within a minute. Users can also reach out to this broker by using phone and email.e.

How to Open Your Account on Askobid

The offered payment systems are more flexible than those at Forex. It is simple and quick to receive your money via Askobid. It is enough to choose the Withdraw option and pick one of the 20 (!) payment methods. As for the identification, a user should upload the following documents:

  • Passport
  • National identity card
  • Driver’s license
  • Bank statement
  • Credit card statement
  • Utility bill

For those who are not sure whether to use Askobid, the system makes it possible to try the platform for free. This offer lasts for 21 days. The best thing is that this free version has no restrictions. This period is more than enough to learn more about trading and come up with a personal strategy.

On the whole, you will not spend more than eight minutes on signup. The demo version has an initial balance of $50,000. It makes one feel like investing real money in real assets. Once you decide to move on with Askobid, the next paid options are available:

  • Silver ($100+)
  • Gold ($1000+)
  • Platinum ($10,000+)

Sure thing, this broker offers some bonuses to try. If you select the first account, you get a 10% bonus on up to a $1,000 deposit. For the second type of account, a user will get a 15% award on up to a $15,000 deposit. Finally, the Platinum account has a 30% award up to $30,000.

To sum up, Askobid is great in terms of its simplicity and range of assets and payment methods. It is a rather impressive broker with an excellent demo version and awards. The local support team works excellently, and the Academy provides more than enough information for the learners. Finally, one can fully customize the interface and enjoy the personal style.