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Korata Forex Broker keeps up-to-date with the latest trading account information, including VIP, Platinum, Premium, Advanced, Intermediate, Beginner maximum leverage of 1:500, trading varieties, and more

Rating Index

Pros

User-friendly interface with a straightforward account setup process.

No commission policy, allowing traders to retain more of their profits.

Wide range of trading instruments, including forex, stocks, commodities, and global indices.

Cons

Not formally regulated, raising concerns about security and trust.

High minimum deposit requirements for various account types, which may deter beginners.

Limited information on fees and trading conditions, leading to potential transparency issues.

Korata broker Accounts

VIP

Environment

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

€500,000

Minimum Spread

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Platinum

Environment

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

€250,000

Minimum Spread

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Premium

Environment

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

€100,000

Minimum Spread

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Advanced

Environment

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

€50,000

Minimum Spread

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Intermediate

Environment

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

€5,000

Minimum Spread

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Beginner

Environment

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

$500

Minimum Spread

Depositing Method

Withdrawal Method

Minimum position

0.01

Commission

Products

Korata Account Type

Korata offers a variety of trading account types tailored to different trading styles, preferences, and experience levels. The account types are as follows:

Beginner Account

Minimum Deposit: $500
Minimum Trade Volume: 0.01 lots
Leverage: 1:500
Features: Hedging, one-click trading, fast order execution, access to currency pairs, indices, commodities, and world stocks. All strategies allowed.

Intermediate Account

Minimum Deposit: €5,000
Minimum Trade Volume: 0.01 lots
Leverage: 1:500
Features: Hedging, one-click trading, fast order execution, swap-free Islamic option, advanced trading tools, and access to currency pairs, indices, commodities, and world stocks. All strategies allowed.

Advanced Account

Minimum Deposit: €50,000
Minimum Trade Volume: 0.01 lots
Leverage: 1:500
Features: Hedging, one-click trading, fast order execution, swap-free Islamic option, advanced trading tools, full market access, and access to currency pairs, indices, commodities, and world stocks. All strategies allowed.

Premium Account

Minimum Deposit: €100,000
Minimum Trade Volume: 0.01 lots
Leverage: 1:500
Features: Swap-free Islamic option, access to extra trading instruments, fixed pricing, priority support, exclusive promotions, and private account manager.

Platinum Account

Minimum Deposit: €250,000
Minimum Trade Volume: 0.01 lots
Leverage: 1:500
Features: Access to priority support, exclusive promotions, and private account manager.

VIP Account

Minimum Deposit: €500,000
Minimum Trade Volume: 0.01 lots
Leverage: 1:500
Features: Swap-free Islamic option, access to exclusive promotions, and a private account manager.

Korata Broker Account Opening Process

Opening an account with Korata is a straightforward process. Here are the steps to get started:

Register for an Account

Visit the Korata website and click on the "Sign Up" button to fill out the registration form.

Verify Your Account

After submitting your registration, you will receive an email containing your login credentials. Use these credentials to access the secure members area. You will need to upload the required documents to verify your identity.