ParadTrade Account Type
ParadTrade offers a simplified account structure with only one main account type, which is designed to cater to all traders regardless of their experience level. The key features of this account include:
- Execution Type: Market execution.
- Available Tools: Access to over 200 trading tools including Forex, commodities, indices, cryptocurrencies, stock CFDs, and ETF CFDs.
- Maximum Leverage: Up to 1:1000.
- Minimum Spread: Starting from 0.0001.
- Minimum Volume: 0.01 lots.
- Automated Trading: Supported.
- Account Activation: Starting from just $5.
Additionally, there are various service levels based on the amount deposited, which provide different benefits such as personal manager support, access to training materials, and more:
- Level 1: Minimum deposit of $3,000, 24/7 support, access to training materials, and personal manager support (up to 2 hours per week).
- Level 2: Minimum deposit of $10,000, includes all Level 1 benefits plus access to information channels in instant messengers and personal bonuses.
- Level 3: Minimum deposit of $25,000, includes all Level 1 and Level 2 benefits plus personal manager support (up to 4 hours per week) and a personal training course.
- Level 4: Minimum deposit of $100,000, includes all Level 1, 2, and 3 benefits plus formation of an investment portfolio and access to the OTC market.
- Level 5: Minimum deposit of $500,000, includes all Level 1-4 benefits and 24/7 personal manager support.
Source
ParadTrade Broker Account Opening Process
To open an account with ParadTrade, follow these steps:
- Visit the ParadTrade Website: Go to the official website.
- Create an Account: Look for the “Personal Account” and click on the “Create an Account” button on the homepage.
- Registration: Fill out the registration form with your personal information.
- Account Login: After registration, you will receive your personal account login via email.
- Deposit Funds: Proceed to deposit funds into your account (minimum deposit is $5).
- Download the Platform: Download the trading platform and start trading.
Source
ParadTrade accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities,
Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.