12 Trader offers three different types of trading accounts, designed to cater to a range of traders from beginners to more experienced investors. The account types include:
- Micro Account:
- Minimum Deposit: $500
- Maximum Leverage: 1:200
- Target Audience: New and inexperienced traders.
- Features: Basic trading options with a focus on accessibility.
- Silver Account:
- Minimum Deposit: $10,000
- Maximum Leverage: 1:400
- Target Audience: More experienced traders.
- Features: Access to a wider range of trading tools and resources, including a mobile trading platform.
- Gold Account:
- Minimum Deposit: $25,000
- Maximum Leverage: 1:400
- Target Audience: Professional traders seeking advanced features.
- Features: Additional customer support, more competitive spreads, and exclusive trading tools.
Each account type can also be opened as an Islamic account, adhering to the principles of interest-free trading.
12 Trader Broker Account Opening Process
Opening an account with 12 Trader involves a straightforward process. Here are the steps:
- Registration:
- Visit the 12 Trader website and complete the online registration form, providing personal details such as your name, address, and email.
- Verification:
- Submit the required KYC (Know Your Customer) documents, including a valid form of identification and proof of address (e.g., utility bill or bank statement).
- Funding Your Account:
- Deposit the minimum required amount based on the account type you choose. Funding can be done via various methods, including credit/debit cards, PayPal, and wire transfers.
12 TRADER accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 25000 by (2+) --.