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Pros

Multiple trading platforms available (MT4 and VertexFX 11)
No minimum account size required for opening an account
Access to a diverse range of trading instruments including CFDs, currencies, and commodities

Cons

Unregulated status raises concerns about investor protection
Customer support is reportedly unresponsive, leading to difficulties in resolving issues
High spreads on certain asset classes can significantly impact trading costs

Ellipsys broker Accounts

Ellipsys Account Type

Ellipsys offers two main types of trading accounts for its clients:

  • Retail Account:
    • Designed for individual traders.
    • Minimum deposit requirement: $500.
    • Minimum top-up deposit: $50.
    • No fees for bank wire transactions.
    • Corporate Account:
      • Tailored for businesses and corporate entities.
      • Specific requirements for opening, which can be obtained from the customer service department.

      Both account types provide access to various financial markets, allowing traders to diversify their portfolios.

      Ellipsys Broker Account Opening Process

      Opening an account with Ellipsys is a straightforward process:

      • Complete the Online Application:
        • Verification:
          • Once your information is submitted, it will be verified by Ellipsys.
          • Receive User ID and Password:
            • After verification, you will receive a user ID and password to access your account.
            • Download Trading Platforms:
              • You can download the trading platforms such as MT4 (Zen Trader) or Vertex Zen Pro on your desktop or mobile device.
              • Fund Your Account:
                • Deposit a minimum of $500 to activate your retail account or $50 for top-up deposits.
                • Start Trading:
                  • Once your account is funded, you can begin trading in various markets.

                  For further assistance, you can contact Ellipsys customer support via email at info@elpmarkets.com or through their customer service line.

Ellipsys accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Ellipsys Account