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F1Trade offers various account types to cater to different trading needs. While specific details about each account type are not extensively available, it is noted that F1Trade requires a minimum deposit of $100 to open an account. The broker claims that leverage is applicable only to accounts with equity exceeding $500. Additionally, it is important to be aware that accounts can be liquidated if the balance falls below a certain threshold. Traders should also note that margin calls can apply under specific conditions, such as exceeding 6:1 margin during intra-day trading.
Opening an account with F1Trade involves a straightforward process, though specific steps are not explicitly detailed in the available information. Generally, the account opening process may include the following steps:
Please ensure to conduct thorough research and due diligence before proceeding, as F1Trade has been flagged for lacking proper regulation and oversight.
Explore broker markets account types: forex/trading accounts with demo access.