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GARNETTRADE 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
Regulated by ASIC, providing a level of credibility and trust.
Offers high leverage options up to 1:500, appealing to traders looking for significant trading power.
Supports the popular MetaTrader 5 platform, which offers advanced trading features and tools.
Cons
Identified as an offshore broker, which may raise concerns about the safety of funds and regulatory oversight.
Mixed reviews regarding customer service, with some users reporting issues in responsiveness.
Lack of clarity on swap rates and fees, which can affect trading costs for users.
GARNETTRADE 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
- 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.
Garnet Trade Broker Account Opening Process
To open an account with Garnet Trade, follow these steps:
For more information, visit: Garnet Trade
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