Website URL: Carter-Williams.com
Deposit Methods: Credit Cards, Bank Wire, e-Wallets
Minimum Deposit: $250
Free Demo Account: no
Types of Assets: CFDs, Forex, Commodities, Cryptocurrencies
Being one of the largest and the most popular markets in the world, Forex is always intriguing. Each day a lot of questions appear, and regulation is one of them. Is it mandatory? Will trading conditions be better if a broker has a license? Can you profit more with a regulated broker? The list is endless and today we are going to reply to some questions.
First of all, you should know that the license is not the most important thing. Yes, it’s a nice thing to have but it doesn’t mean a broker will have better conditions or that you will profit more. This is just a safety measurement that many brokers compensate with extra security procedures, just like Carter Williams.
In the second part of this review, we will explain why we believe this broker is a safe place for trading, even though it doesn’t have a license. For now, we can tell you that it offers excellent trading conditions, impeccable service and user-friendly trading platform. Basically, that’s all we ask when we inspect how someone does its business.
To sum up, even though Carter Williams doesn’t have a license currently, it has excellent trading conditions and a lot of safety procedures. This means your money is safe and you can trade with peace on your mind.
There are so many things that need to fit into our criteria when it comes to trading platforms. After all, this is a place where each trader spends most of the time and it has to work flawlessly. If it doesn’t, we could never recommend it to someone.
So, what do we think about Carter Williams trading platform? Well, the first thing we can say is that it has a fast execution speed, which is one of the major benefits. Also, this is a multi-device platform and you can use it on a mobile phone, tablet or computer. This way, you have a platform on-the-go and you can trade whenever you want. You should know that we are talking about a web-based platform. This means that you can save quite some time because there is no need to download and install anything. It’s accessible and the only thing you have to do is visit the website and press on the Trading Platform page.
That page is neatly-designed and divided into three categories. So, we have nothing negative to say about design. In fact, we like how organised everything is. If there is something you dislike in the visual appearance, there is an option to change it. This is a fully customisable platform that allows you to adjust things according to your preferences. You can change the chart, line, asset list (by name, popularity or daily change), etc. Overall, Carter Williams does it’s best to make everything according to the specific needs of a client and that’s one of the reasons we can recommend this broker.
Building a reputation amongst clients is not an easy task. Brokers have to provide different things and good trading conditions are one of them. This includes trading assets, funding methods and account types. Since we already saw that Carter Williams has a long list of assets, it’s time to see whether account type diversity is equally good.
This broker provides different account types that are created with one goal — to provide the same opportunity to every trader, no matter the level of experience. That’s why the first account allows you to deposit just $250 and get market reviews and excellent leverage up to 1:100. Of course, you will be able to trade every asset on the list, without any restrictions.
If you already have experience in trading, we assume you want to get more than market reviews and good leverage. Well, that’s why Carter Williams created other accounts with bigger minimum deposit requirements, but better conditions.
For example, with this broker, you can enjoy the benefits of a senior account manager who will be there to guide from the very first moment you open an account. Leverage is significantly higher, you can get trader room analysis, financial planning as well as bonus funds and lucrative spreads. As an addition, Carter Williams provided risk management planning, special venture promotions, weekly webinars, trading signals and private analyst sessions.
The offer is more than amazing and there is no doubt that every person can find something, just keep in mind that every account has different levels of withdrawal prioritization. This is especially important when we talk about transaction processes because it makes things significantly faster.
We have to say, this offer is one of the best we have seen so far and if you are looking for a new place to start trading, don’t skip Carter Williams. You can go directly to the Account Types page and see the comparison of a complete offer.
Deposits and Withdrawals
As a transaction method, clients have three options — Credit Card, e-Wallet, and Bank Wire. This is a simple process and it won’t take too much of your time. Everything can be done in three steps (login to your account, go to the trading platform page and press on the deposit button, that’s it) and money will be on your trading account the same moment.
As expected, withdrawals are slightly complicated, but the process is still simplified as much as possible. At the trading platform, there is a separate button for withdrawals. You can click on that and make a withdrawal request. After that, there is one mandatory step that needs to be fulfilled — Identity Verification. You will have to send some documents to prove it’s really you behind that account. Once you send everything, they will process your request and you can expect to see money on your bank account within seven to ten business days (depending on the account type you have).
It takes a lot of effort to create proper customer support. We understand that’s not an easy task and that’s why we don’t ask for constant support. Instead, five days a week is more than enough if the team is responsive.
Of course, we tested the responsiveness of the support to see if it fits our standard and we can tell you straight away, it’s excellent. There are four different methods for contact — email, online form, Live Chat and phone lines. We chose the online form option and sent our question. It’s very convenient to use and the only thing you have to add is your personal details. Since there are different departments, we chose the Customer Support Service and the reply came the next morning (we sent a message after the working hours).
The message we received was very helpful. Someone took time to explain everything into details and we didn’t need to ask additional questions. That said, if you have any questions or specific concerns while you are trading, you can count on them to help you anytime you need.
Since this Carter Williams review is coming to an end, we have to discuss one more thing — education. This is a broker that will help you learn and improve your skills with different eBooks, educational articles and personalised coaching.
Of course, each trading account has a different level of education that’s created based on the level of experience you have, but you can also count on free education even if you are not a client. There is an Education Center on the main menu and each website visitor can access it. There, you will find eBooks, Asset Index, Frequently Asked Questions and Glossary. So, before you open an account and start trading, we advise you to go through everything that’s provided and read all about Basic Terms eBook, Global Trading and Advanced Strategies.
After everything we just wrote, it’s more than clear whether we recommend this broker or not. If you open an account and become a Carter Williams client, you can count on excellent trading conditions, good customer service and top-notch technology. Overall, everything that we expect from a Forex broker Carter Williams has. That’s why it ended up on our top ten broker list.