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Pros

Offers access to a variety of financial instruments, including forex, CFDs, and commodities.
Provides popular trading platforms like MetaTrader 4 and MetaTrader 5.
Customer support is available 24/5 through multiple channels, enhancing accessibility for traders.

Cons

Unregulated, which raises concerns about the safety of investors' funds and overall trustworthiness.
Lack of educational resources and tools for beginner traders, potentially hindering their trading experience.
High minimum deposit requirement and unclear information on fees for deposits and withdrawals, which may deter new clients.

HOB broker Accounts

House of Börse Account Types

House of Börse offers three different live trading account types: Silver, Gold, and Platinum. Each account type requires a minimum deposit of $5,000 USD. The details of each account type are as follows:

  • Silver Account
    • Minimum Deposit: $5,000 USD
    • Trading Volume: Less than $100 million USD
    • Commission: $7 per $100,000 traded
    • Base Currency: EUR / USD / GBP
    • Spread Type: Competitive
    • Hedging: Yes
    • Swap Free Option: Yes
    • Mobile Trading: Yes
    • Gold Account
      • Minimum Deposit: $5,000 USD
      • Trading Volume: Up to $1 billion USD
      • Commission: $6 per $100,000 traded
      • Base Currency: EUR / USD / GBP
      • Spread Type: Competitive
      • Hedging: Yes
      • Swap Free Option: Yes
      • Mobile Trading: Yes
      • Platinum Account
        • Minimum Deposit: $5,000 USD
        • Trading Volume: More than $1 billion USD
        • Commission: $5 per $100,000 traded
        • Base Currency: EUR / USD / GBP
        • Spread Type: Competitive
        • Hedging: Yes
        • Swap Free Option: Yes
        • Mobile Trading: Yes

        House of Börse Broker Account Opening Process

        To open a House of Börse account, follow these steps:

        • Step 1: Start the account registration by clicking on the "Account Opening" button located at the top of the House of Börse webpage.

        • Step 2: Complete the account registration by filling out an online registration form. This form will require:

          • Basic Information
          • Residential and Contact Details
          • Financial and Trading Information
          • Trading Experience

          After completing these steps, your account will typically be activated within 24 hours.

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