Rating Index
Pros
High leverage of up to 1:1000, allowing for potentially greater profits.
Comprehensive educational resources for traders of all experience levels.
No deposit or withdrawal fees, making it cost-effective for clients.
Cons
Limited range of trading assets compared to other brokers.
Withdrawal processes can be slow and problematic for some users.
Customer support may not be very responsive, leading to delays in assistance.
Mt-Tra broker Accounts
MT TRA Account Type
MT TRA offers three distinct types of trading accounts tailored to meet the diverse needs of its clients. Each account type comes with unique features and benefits:
- ECN Account
- Minimum Deposit: $50
- Leverage: 1:100 / 1:200
- Spread: As low as 0.6 pips
- Commission: None
- Negative Balance Protection: Yes
- Execution Quality: Executed in less than 1 second
- Suitable For: Both beginners and experienced traders.
- High Leverage Account
- Minimum Deposit: $50
- Leverage: 1:1000
- Spread: As low as 1.0 pips
- Commission: None
- Negative Balance Protection: Yes
- Execution Quality: Executed in less than 1 second
- Suitable For: Traders with smaller capital (less than $1000).
- Islamic Account
- Minimum Deposit: $50
- Leverage: 1:100 / 1:200
- Spread: As low as 0.6 pips
- Commission: None
- Negative Balance Protection: Yes
- Execution Quality: Executed in less than 1 second
- Suitable For: Islamic clients adhering to Sharia law.
- Visit the MT TRA Website
- Navigate to the official MT TRA website.
- Select "Open Account"
- Click on the "Open Account" button prominently displayed on the homepage.
- Fill Out the Registration Form
- Provide your personal information, including your name, email address, and contact details.
- Choose Your Account Type
- Select the type of account you wish to open (ECN, High Leverage, or Islamic).
- Verify Your Identity
- Submit identification documents as required (e.g., government-issued ID, proof of address).
- Fund Your Account
- Make an initial deposit to activate your account. The minimum deposit is $50.
- Log In to Your Account
- After verification, log in using the credentials sent to your email.
- Start Trading
- Once logged in, you can access the trading platform and begin trading with your newly opened account.
MT TRA Broker Account Opening Process
Opening a broker account with MT TRA is a straightforward process. Follow these steps to get started:
For any assistance during the account opening process, MT TRA provides customer support to help you navigate through the steps effectively.
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