Search

Garnet Trade Forex Broker keeps up-to-date with the latest trading account information, including Private, Zero, ECN, Prime, Standart, Beginner maximum leverage of 1:500, trading varieties, and more

Rating Index

Pros

Offers a variety of account types, including commission-free options and Islamic accounts.
Provides access to the advanced MetaTrader 5 platform, which is popular among traders.
24/7 customer support available, enhancing user experience.

Cons

Regulated under offshore authorities, which may raise concerns about fund safety.
Minimum deposit requirement of $100 may be higher compared to some competitors.
Lack of support for MetaTrader 4, limiting options for traders accustomed to that platform.

Garnet Trade broker Accounts

Private

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
20,000 USD
Minimum Spread
0.1
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
No
Products
--

Zero

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
10.000 USD
Minimum Spread
0,1
Depositing Method
--
Withdrawal Method
--
Minimum position
0,01
Commission
No
Products
--

ECN

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
10.000 USD
Minimum Spread
0,1
Depositing Method
--
Withdrawal Method
--
Minimum position
0,01
Commission
No
Products
--

Prime

Environment
--
Currency
--
Maximum Leverage
1:300
SupportedEA
Minimum Deposit
5.000 USD
Minimum Spread
0,5
Depositing Method
--
Withdrawal Method
--
Minimum position
0,01
Commission
No
Products
--

Standart

Environment
--
Currency
--
Maximum Leverage
1:300
SupportedEA
Minimum Deposit
1.500 USD
Minimum Spread
0,7
Depositing Method
--
Withdrawal Method
--
Minimum position
0,01
Commission
No
Products
--

Beginner

Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
100 USD
Minimum Spread
0,9
Depositing Method
--
Withdrawal Method
--
Minimum position
0,01
Commission
No
Products
--

Garnet Trade Account Type

Garnet Trade offers five different types of trading accounts to cater to various trader needs:

  • Beginner Account
    • Minimum Deposit: $100
    • Available Base Currencies: USD, EUR, GBP, AUD
    • Spreads from: 0.9 pips
    • Max Leverage: 1:100
    • Minimum Lots: 0.01
    • Commissions: Zero commission
    • All Strategies Allowed: Yes
    • Standard Account
      • Minimum Deposit: $1,500
      • Available Base Currencies: USD, EUR, GBP, AUD
      • Spreads from: 0.7 pips
      • Max Leverage: 1:300
      • Minimum Lots: 0.01
      • Commissions: Zero commission
      • All Strategies Allowed: Yes
      • Prime Account
        • Minimum Deposit: $5,000
        • Available Base Currencies: USD, EUR, GBP, AUD
        • Spreads from: 0.5 pips
        • Max Leverage: 1:300
        • Minimum Lots: 0.01
        • Commissions: Zero commission
        • All Strategies Allowed: Yes
        • ECN Account
          • Minimum Deposit: $10,000
          • Available Base Currencies: USD, EUR, GBP, AUD
          • Spreads from: 0.1 pips
          • Max Leverage: 1:500
          • Minimum Lots: 0.01
          • Commissions: Zero commission
          • All Strategies Allowed: Yes
          • Zero Account
            • Minimum Deposit: $10,000
            • Available Base Currencies: USD, EUR, GBP, AUD
            • Spreads from: 0.1 pips
            • Max Leverage: 1:500
            • Minimum Lots: 0.01
            • Commissions: 0 - 10 USD
            • All Strategies Allowed: Yes

            Garnet Trade Broker Account Opening Process

            To open an account with Garnet Trade, follow these steps:

            • Visit the Website: Go to the Garnet Trade website.
            • Fill in Personal Information: Provide your name, birthday, country, address, gender, email, and phone number.
            • Submit Registration: Press the 'Continue' button to proceed with the account creation process.
            • Complete Registration: Finally, click the 'Register Now' button to finalize your account setup.
            • For more information, visit: Garnet Trade

Garnet Trade accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 20,000 USD by (2+) --.
Garnet Trade Account