Rating Index
Pros
Well-regulated by the Czech National Bank, providing a level of security for clients' funds.
Offers a variety of account types and trading platforms, including MetaTrader 4 and MetaTrader 5, catering to both novice and experienced traders.
Provides educational materials and market analysis to help traders improve their skills and strategies.
Cons
Limited payment options, as popular e-wallets like Skrill and Neteller are not available for deposits and withdrawals.
Higher average spreads compared to some competitors, which may affect trading costs for clients.
There have been reports of issues with trade execution and customer service, raising concerns about the broker's reliability when clients are profitable.
HighSky broker Accounts
HighSky Account Type
HighSky offers three different types of trading accounts to cater to the needs of various traders:
- Micro Account
- Minimum Deposit: $1
- Maximum Leverage: 1:200
- Average Spreads: 1.8 pips (MT4), 1.2 pips (MT5)
- Allows micro lot trading.
- Standard Account
- Minimum Deposit: $1
- Maximum Leverage: 1:200
- Average Spreads: 1.8 pips (MT4), 1.2 pips (MT5)
- Commission-free trading.
- Premium Account
- Minimum Deposit: $10,000
- Maximum Leverage: 1:200
- Average Spreads: 1.8 pips (MT4), 1.2 pips (MT5)
- Benefits from 4% interest on account balances.
Choose Account Type: Decide which account type (Micro, Standard, or Premium) suits your trading needs.
Visit the Website: Go to the HighSky official website.
Fill Out Application: Complete the online application form by providing personal information such as your name, email address, and phone number.
KYC Verification: Submit required documents for Know Your Customer (KYC) verification, including:
- Identity proof (e.g., passport, national ID)
- Address proof (e.g., utility bill, bank statement)
- PAN card for tax purposes.
Account Approval: Once your application and documents are reviewed, you will receive a confirmation regarding your account approval.
Fund Your Account: Deposit the required minimum amount to activate your trading account.
Start Trading: After your account is funded, you can begin trading on the HighSky platform.
All account types provide access to both MetaTrader 4 and MetaTrader 5 platforms, allowing traders to utilize advanced trading tools and features.
HighSky Broker Account Opening Process
Opening an account with HighSky is a straightforward process that can be completed in the following steps:
By following these steps, you can successfully open a trading account with HighSky and start your trading journey.
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