Rating Index
Pros
Offers high leverage options up to 500:1, allowing traders to maximize their potential returns.
Provides access to a range of trading instruments including forex, commodities, and indices through a popular platform (MetaTrader 4).
Claims to offer automated trading solutions that can assist both novice and experienced traders.
Cons
Lacks proper regulation and licensing, raising concerns about the safety of funds and legitimacy of operations.
Numerous negative reviews highlight issues with customer service, fund withdrawals, and potential manipulative trading practices.
The trading strategies employed, such as martingale and hedging, have led to significant losses for many users, indicating poor risk management.
CTT broker Accounts
Celestial Trading Tools Account Types
Celestial Trading Tools (CTT) offers two main types of trading accounts for its users:
- Standard Account:
- Minimum Initial Deposit: £1200
- Offers 5 currency pairs for trading.
- Suitable for both beginners and seasoned traders.
- Raw Account:
- Minimum Initial Deposit: £2000
- Provides access to 12 currency pairs.
- Designed for more experienced traders looking for a wider range of trading options.
Visit the Website: Go to celestialtt.com to access the account registration section.
Fill Out the Registration Form: Provide your personal details, including your name, email address, and contact information.
Choose Account Type: Select either the Standard or Raw account based on your trading experience and capital.
Submit Required Documents: You may need to upload identification documents and proof of address as part of the verification process.
Deposit Initial Capital: Fund your account by making the minimum required deposit (£1200 for Standard or £2000 for Raw).
Account Verification: Wait for the broker to verify your account. This process can take a few minutes to a couple of days.
Start Trading: Once your account is verified and funded, you can start trading using the MetaTrader 4 platform provided by CTT.
Both account types offer a maximum leverage of up to 500:1, allowing traders to amplify their potential returns; however, higher leverage also increases risk.
Celestial Trading Tools Broker Account Opening Process
Opening a trading account with Celestial Trading Tools involves the following steps:
CTT Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.