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Elland Road Forex Broker keeps up-to-date with the latest trading account information, including Platinum, VIP, Gold, Silver, Classic maximum leverage of 1:400, trading varieties, and more

Rating Index

Pros

Regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, providing a level of legitimacy.

Offers a wide variety of trading instruments, including forex, commodities, cryptocurrencies, and indices.

Provides multiple account types with varying features and competitive spreads, catering to different trading preferences.

Cons

Numerous complaints and warnings about potential risks and scams associated with the broker.

Reports of difficulties in withdrawing funds, leading to concerns about the reliability of their services.

High leverage options (up to 1:400) may pose significant risk, especially for inexperienced traders.

Elland Road broker Accounts

Platinum

Environment

Currency

Maximum Leverage

1:400

SupportedEA

Minimum Deposit

Minimum Spread

1.4 EUR/USD 2 GBP/USD 2 USD/JPY $0.12 Crude Oil

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

VIP

Environment

Currency

Maximum Leverage

1:400

SupportedEA

Minimum Deposit

Minimum Spread

0.9 EUR/USD 1.4 GBP/USD 1.4 USD/JPY $0.10 Crude Oil

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Gold

Environment

Currency

Maximum Leverage

1:400

SupportedEA

Minimum Deposit

Minimum Spread

1.8 EUR/USD 2.3 GBP/USD 2.3 USD/JPY $0.13 Crude Oil

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Silver

Environment

Currency

Maximum Leverage

1:400

SupportedEA

Minimum Deposit

Minimum Spread

2.5 EUR/USD 2.8 GBP/USD 2.8 USD/JPY $0.14 Crude Oil

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Classic

Environment

Currency

Maximum Leverage

1:400

SupportedEA

Minimum Deposit

Minimum Spread

2.5 EUR/USD 2.8 GBP/USD 2.8 USD/JPY $0.14 Crude Oil

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Elland Road Account Type

Elland Road offers several types of trading accounts to cater to the diverse needs of its clients. The account types available include:

Classic Account

Minimum Deposit: $250
Maximum Leverage: 1:400
Spread: From 2.5 pips on major currency pairs
Features: Negative balance protection, access to all available assets, minimum trade volume of 0.01 lots.

Silver Account

Minimum Deposit: $250
Maximum Leverage: 1:400
Spread: From 2.5 pips on major currency pairs
Features: Same benefits as the Classic account with additional trading opportunities.

Gold Account

Minimum Deposit: Not specified
Maximum Leverage: 1:400
Spread: From 1.8 pips on major currency pairs
Features: Monthly account overview, potential swap discounts.

Platinum Account

Minimum Deposit: Not specified
Maximum Leverage: 1:400
Spread: From 1.4 pips on major currency pairs
Features: Enhanced privileges and monthly insights.

VIP Account

Minimum Deposit: Not specified
Maximum Leverage: 1:400
Spread: From 0.9 pips on major currency pairs
Features: Dedicated account manager, weekly insights.

Elland Road Broker Account Opening Process

Opening an account with Elland Road is straightforward. Follow these steps:

Visit the Elland Road website.
Click on the “Create Account” button.
Fill in your personal details including first name, last name, email address, and phone number.
Choose a strong password for your account.
Review all entered information for accuracy.
Click on the “Open Account” button to proceed.

Once you have created your account, you will receive a verification email. Click the link provided in the email to verify your account. After verification, you can log in and start trading.

For more details, you can visit the following sources: