Tycoon.io:  What are the possible risks associated with this platform? Let's compare it with the other big fish in the market!

The tycoon trading platform has secured a distinct position in the market just because of its conceptual design and unique features that were not available to potential traders before. However, if there are numerous benefits associated with this platform, then it can also impose certain risks that might cause you to lose some money.

Let's evaluate the risks associated with trading on Tycoon.io.

1.   The first risk that is determined to have low to medium probability is the availability of an insufficient number of users. You cannot overlook this risk. There are chances that it will influence your trading strongly. The best solution to cope up with this situation is that the benefits of trading by Tycoon.io must be clarified using targeted measures and lucrative online events.

2.   The second possible risk is that of the hacking or identity theft on the platform, but the good news is that its probability is low. This threat can pose a greater impact on your trading activities. You must include competent workers in the operations together with the implementation of high-end security measures.

3.   Last is the risk if the followers do not receive positive returns on their trade. However, the probability of this risk is low, and it has a medium sort of influence on the trading, but it is a must to put forward some solutions. Establishment of the supplementary connections with the performing traders will help the investor to get through the situation.

Now you have understood the possible risks associated with this trading platform. Let's compare Tycoon.io with the other relevant dominant businesses to get to know how successful and beneficial it is.

We will compare Typhoon.io with Copyme and Covesting.

1.   Reception by the pro traders: Copyme has eight pro traders registered to its platform whereas Covesting, and Tycoon are still in the development phase.

2.   The size of trade: Copyme receives the command to process around 30 trades per day while both Covesting and \tycoon are progressing with their development.

3.   Sharing the profit: Tycoon and Covesting charge a share in allocated profits, but Copyme does not ask for the part.

4.    The API Integration: Yes, Tycoon has integrated API with its systems, and so has Copyme, but Covesting does not offer this feature.

5.   Systems for trader ranking: Both Covesting and Copyme has not established any system to rank the performance of traders. Only Tycoon has come up with this idea to be more effective.

6.   Margin Trading: Tycoon buys and sells the securities in one session only, which is commonly known as margin trading. Its competitors Copyme and Covesting, do not offer this feature.

7.   Easy access of the portal: Copyme and Tycoon both are easy to access and assemble efficient and effective features in their portals, whereas Covesting is difficult to deal with.

Now let's compare the costs of operating through these three portals.

1.   The subscription charges: Copyme charges for the monthly subscription. Covesting charges 2% as entry fees, and Tycoon deducts the less possible amount from the investment made by the user, and that is 0.01% part of the investment.

2.   Connection fees: Copyme charges within the range of $40 to $250, whether the user gains any profit or not. Covesting deducts 10% of the profits made on trading. Tycoon charges only 20% under the clause of profit-sharing after deducting all the losses made on the trade. It just charges on the profits.

More Information is below here

Web address : https://tycoon.io/

BitcoinTalk Account: ReactionClever58

Telegram: https://t.me/Tycoon_Official

ETH wallet: 0xad0Ca922a5E70722331DC199D96637297AEdB8dA

Facebook page: https://www.facebook.com/tycoonplatform/

BitcoinTalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2288766

Talegram: @SUROVIkhatun

instragram: https://www.instagram.com/tycoon.io/

Twitter Link: https://twitter.com/tycoon