Bright Trades Account Types

　　Bright Trades offers several types of trading accounts to cater to different trading needs:

• Standard Account:
• No commission on trades.
• Higher spreads.
• Suitable for beginner traders.
• Zero/Raw Spread Account:
• Low or zero spreads.
• Commission on trades.
• Recommended for professional traders and trading robots due to cost efficiency.
• Cent Account:
• Expressed in cents (e.g., EUR cent, USD cent).
• Useful for strategies like martingale or grid trading.
• Recommended for specific trading robots.
• Micro Account:
• Requires a lower balance.
• Less useful compared to other account types.
• STP Account:
• Straight Through Processing with no dealing desk.
• Generally slower than an ECN account.
• ECN Account:
• Utilizes a network of liquidity providers (e.g., banks) to fill orders.
• Recommended for trading robots.
• Allows brokers to select the most beneficial deals for traders.

　　

Bright Trades Broker Account Opening Process

　　To open an account with Bright Trades, follow these steps:

• Choose Your Account Type:
• Decide which account type suits your trading style and goals.
• Complete the Application:
• Fill out the account opening application form.
• Provide necessary personal information and documentation for client due diligence.
• Submit Required Documents:
• Submit identification documents as per regulatory requirements.
• Verification Process:
• Wait for the verification of your submitted documents.
• Fund Your Account:
• Deposit funds into your account using preferred methods (e.g., bank transfer).
• Start Trading:
• Once your account is funded, you can begin trading on the platform.

　　For more detailed information, visit Bright Trades FAQ.