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Pros

Both MT4 and webtrader accessible
Acceptable minimum deposit of $100
Offers a range of trading instruments including forex pairs and commodities

Cons

Unregulated broker with no oversight from a regulatory authority
Limited information on crucial details such as leverage, spreads, and payment methods
No demo accounts available for practice before trading with real money

Lotus International broker Accounts

Lotus International Account Types

Lotus International offers a variety of trading account options to cater to different trading preferences. The account types include:

  • Standard Account
    • Spread: From 2.0 pips
    • Leverage: Up to 1:200
    • Base Currency: USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK
    • Minimum Lot Size: 0.01
    • Commission: No commission
    • Dedicated Account Manager: Available 24/5
    • VIP Account
      • Spread: From 1.8 pips
      • Leverage: Up to 1:200
      • Base Currency: USD, EUR, GBP, AUD, JPY, BTC, PLN, CZK
      • Minimum Lot Size: 0.01
      • Commission: No commission
      • Dedicated Account Manager: Available 24/5
      • ECN Account
        • Spread: From 0.8 pips
        • Leverage: Up to 1:200
        • Base Currency: USD, EUR
        • Minimum Lot Size: 0.01
        • Commission: $10 per lot
        • Dedicated Account Manager: Available 24/5
        • Banking Account
          • Spread: 0 pips
          • Leverage: Up to 1:100
          • Base Currency: USD, EUR
          • Minimum Lot Size: 0.1
          • Commission: $15 per lot on various currency pairs
          • Dedicated Account Manager: Available 24/5

          Lotus International Broker Account Opening Process

          To open a trading account with Lotus International, follow these steps:

          • Visit the Website: Go to lotus international llc.
          • Choose Account Type: Select the account type that suits your trading needs (Standard, VIP, ECN, or Banking).
          • Fill Out the Application: Complete the online application form with the required personal information.
          • Submit Documents: Provide necessary documents such as a valid ID and proof of address.
          • Initial Deposit: Make the minimum deposit of $100 to activate your account.
          • Account Verification: Wait for the verification process to be completed.
          • Start Trading: Once your account is verified, you can start trading on the platform.
          • Please note that Lotus International currently does not offer demo accounts, which may be a consideration for new traders.

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