MONEY SQUARE broker Accounts

Money Square Account Type

Money Square offers a single type of brokerage account for its clients. The account is designed for forex trading and allows users to trade 15 currency pairs. Here are the key features of the Money Square account:

• Minimum Deposit: There is no minimum initial deposit requirement.
• Maximum Leverage: The maximum leverage offered is 1:25.
• Spreads: The minimum spreads start from 0.1 pips for major currency pairs such as USD/JPY, GBP/JPY, and NZD/JPY.
• Trading Platform: Money Square utilizes a proprietary trading platform called Tra Lipi®, which is accessible on both PC and mobile devices.
• Demo Account: A demo account is available for users to practice trading without risking real money.

Money Square Broker Account Opening Process

Opening an account with Money Square is straightforward and can be done entirely online. Heres a step-by-step guide to the account opening process:

• Online Application: Clients must complete an online application form to start the account opening process.
• Verification: After submitting the application, clients may need to provide identification and verification documents.
• Account Approval: Once the application is reviewed and approved, clients will receive confirmation of their account setup.
• Funding the Account: Clients can fund their accounts using quick deposit methods or transfer payments. Note that Money Square only accepts deposits in Japanese Yen (JPY).
• Start Trading: After funding, clients can begin trading on the platform.

For more information, you can visit Money Square's official website: Money Square.