Business
License
AdvanTrade does not offer a variety of account types for its users. All traders receive the same trading conditions, including spreads, leverage, and fees. The maximum leverage available is up to 1:400, which is significantly higher than what regulated brokers typically offer. However, the specific spreads and fees are not disclosed, which raises concerns about transparency. Additionally, AdvanTrade does not provide a demo account for practice, which is a common feature offered by many reputable brokers.
Opening an account with AdvanTrade is a straightforward process. Here are the steps to follow:
Once your account is created, you can start trading immediately. However, it is important to note that there is no minimum deposit requirement mentioned, and the payment methods for funding the account are not disclosed. This lack of transparency is a significant concern for potential traders.
Explore broker markets account types: forex/trading accounts with demo access.