Mitrade Account Type

Mitrade offers one primary account type, the Standard Account, along with a risk-free Demo Account option. Here are the details:

• Standard Account:
• Minimum Deposit: $50 USD
• Spreads: Floating spreads starting from 0.8 pips
• Leverage: Up to 1:200
• Commission: No commissions on trades
• Demo Account: Available with $50,000 virtual funds for practice, valid for 90 days.
• Demo Account:
• Purpose: Allows beginners to practice trading without financial risk.
• Virtual Funds: $50,000 to explore the platform and trading strategies.
• Duration: Expires after 90 days unless switched to a live account.

Mitrade Broker Account Opening Process

To open a Mitrade account, follow these steps:

• Visit the Website: Go to the official Mitrade website.
• Create Account: Click on the "Create Account" or "Open Live Account" option.
• Complete Registration: Fill in the required personal information and select "Sign Up."
• Verify Account: After registration, check your email for a verification link, click it, and log in.
• Fund Your Account: Deposit funds using various payment methods like credit cards or bank transfers.

This process is designed to be straightforward, allowing users to start trading quickly.

For further information, you can visit the following sources:

• Mitrade Account Types
• Mitrade Trading Account Opening Process