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Rating Index

Pros

Regulated by the Financial Services Agency (FSA) in Japan, providing a level of security for traders.

Offers demo accounts for practice, allowing beginners to familiarize themselves with trading without financial risk.

Established platform with over 15 years of experience in the forex industry, indicating reliability and stability.

Cons

Does not support popular trading platforms like MetaTrader 4 or MetaTrader 5, which may limit options for experienced traders.

Lacks live chat support, potentially leading to longer response times for customer inquiries.

Offers relatively low leverage of 1:25, which may restrict trading opportunities for those looking for higher risk and reward potential.

i-NET broker Accounts

i-NET Account Type

i-NET Securities Co., Ltd. offers two types of accounts for traders: live trading accounts and demo accounts. The live trading account allows for free account opening with no fees, while the demo account is available for practice purposes. Traders can access 24 currency pairs including EUR/USD, GBP/JPY, and AUD/USD. The leverage provided is up to 1:25, and the spreads start from 0.7 pips for major currency pairs.

i-NET Broker Account Opening Process

Opening an account with i-NET involves a straightforward process:

Choose Account Type: Decide between a live trading account or a demo account.
Provide Personal Information: Fill out the application form with your personal details, including your name, address, and contact information.
Submit Identification: You may need to provide a government-issued ID for verification.
Fund Your Account: Once your application is approved, you can fund your account via bank transfer. There is no minimum deposit requirement, and the funds are usually reflected immediately.
Start Trading: After funding your account, you can begin trading using the i-NET Trader platform.

For more details, visit i-NET's official website.