Rating Index
Pros
Offers a wide range of trading instruments, including forex, cryptocurrencies, and commodities.
Provides access to leverage, allowing traders to operate with larger amounts than their initial deposit.
May have attractive spreads or fees for certain trading operations.
Cons
Unregulated broker, raising concerns about the safety of funds and potential for fraudulent activities.
Negative reviews and ratings from users, indicating a lack of trust and reliability.
Offshore registration, which can complicate legal recourse in case of disputes or issues with withdrawals.
ASCO broker Accounts
ASCO Account Type
ASCO Global offers two types of live trading accounts designed to cater to different trading needs:
- Standard Account
- Minimum Deposit: $200
- Suitable For: Beginner traders or those with lower capital.
- Features: Basic trading features.
- ECN Account
- Minimum Deposit: $2,000
- Suitable For: Experienced traders with significant capital.
- Features: Lower spreads, faster execution speeds typical of ECN accounts.
Choose Account Type: Decide between the Standard Account or the ECN Account based on your trading experience and capital.
Complete Application: Fill out the new account application form. You will need to provide personal information, including:
- Full name
- Email address
- Phone number
- Residential address
- Financial information (income, net worth, investment experience)
Submit Identification: You may be required to submit identification documents to verify your identity.
Fund Your Account: After your application is approved, fund your account using various methods, although specific payment methods are not clearly mentioned.
Start Trading: Once your account is funded, you can begin trading on the MT4 platform.
Both account types allow access to a variety of trading instruments, including forex, indices, and commodities, through the MT4 trading platform.
ASCO Broker Account Opening Process
Opening an account with ASCO Global involves a straightforward process:
For more details, visit ASCO Global's website.
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