Bot Trade Account Types

Bot Trade offers a variety of account types tailored to different trading needs. Here are the main account types available:

• Forex Account Types:

• Standard Account:

• Minimum Deposit: $100 AUD or equivalent

• Spreads: From 1.0 pips

• Commission: Zero

• Maximum Leverage: 30:1

• Raw Account:

• Minimum Deposit: $100 AUD or equivalent

• Spreads: From 0.0 pips

• Commission: $3.0 per lot (each way)

• Maximum Leverage: 30:1

• IRESS Account Types:

• Retail Account:

• Minimum Balance: $1,000

• Brokerage Rate (ASX): $6 min, then 0.06%

• Financing (ASX): Bot Trade base rate + 3.0%

• Wholesale/Professional Account:

• Minimum Balance: $1,000

• Brokerage Rate (ASX): 0.05%, no minimum

• Financing (ASX): Bot Trade base rate + 2.0%

Bot Trade Broker Account Opening Process

Opening a trading account with Bot Trade is a straightforward process. Follow these steps to get started:

• Select Your Account Type: Choose between Forex or IRESS accounts based on your trading needs.

• Complete the Application: Fill out the online application form with your personal details and selected account type.

• Fund Your Account: After your application is approved, you will need to deposit funds into your account. The minimum deposit varies by account type (e.g., $100 AUD for Forex accounts).

• Start Trading: Once your account is funded, you can begin trading using the Bot Trade platform, which offers access to over 60 currency pairs, indices, commodities, and cryptocurrencies.

For more information, visit Bot Trade.