BlackTrader Account Type

BlackTrader offers two main types of trading accounts designed to cater to different trader needs: Pro Account and Standard Account.

Pro Account

• Minimum Deposit: $50 USD
• Spread: Raw spreads from 0.0 pips
• Commission: $2 USD per lot/per side
• Leverage: Up to 500:1
• Products Offered: Forex, metals, energies, commodities, cryptos & indices
• Minimum Trade Size: 1 micro lot (0.01 lots)
• Maximum Opening Orders per Account: 200 positions
• Maximum Lots per Order:
• Equity Indices: 250 lots
• Other Asset Classes: 100 lots
• Hedging: Allowed
• Expert Advisors (EA): Allowed

Standard Account

• Minimum Deposit: $50 USD
• Spread: Variable from 1 pip
• Commission: None
• Leverage: Up to 500:1
• Products Offered: Forex, metals, energies, commodities, cryptos & indices
• Minimum Trade Size: 1 micro lot (0.01 lots)
• Maximum Opening Orders per Account: 200 positions
• Maximum Lots per Order:
• Equity Indices: 250 lots
• Other Asset Classes: 100 lots
• Hedging: Allowed
• Expert Advisors (EA): Allowed

BlackTrader Broker Account Opening Process

Opening an account with BlackTrader is a straightforward process consisting of the following steps:

• Register:
• Visit the BlackTrader website.
• Fill in your first name, last name, email, phone number, and password.
• Check the box to accept the terms and conditions and confirm you are over 18 years old.
• Click the "Submit" button.
• Verify:
• In the client portal, click on your name.
• Choose "Personal Details" and add more information such as date of birth, country, city, address, account type, nationality, and postal code.
• Upload proof of identity and proof of residence.
• Fund:
• After verification, fund your account with a minimum deposit of $50 USD.
• Trade:
• Once your account is funded, you can start trading using the trading platform provided by BlackTrader.

This process typically takes one working day for account approval after all documents are submitted.