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ParadTrade Forex Broker keeps up-to-date with the latest trading account information, including CryptoParad, FixedParad, ECNParad, Interbank, Standart, Demo maximum leverage of 1 : 200, trading varieties, and more
Rating Index
Pros
Excellent customer support with quick response times and professional assistance.
Diverse range of tradable assets, including forex, stocks, cryptocurrencies, commodities, and indices.
Low minimum deposit requirement of $5, making it accessible for new traders.
Cons
Unregulated status raises concerns about fund security and transparency.
Limited dispute resolution options due to lack of proper regulation.
Potential risks associated with offshore regulation, which may not provide adequate investor protection.
ParadTrade broker Accounts
CryptoParad
Environment
--
Currency
--
Maximum Leverage
1 : 200
SupportedEA
Minimum Deposit
$ 5000
Minimum Spread
from 0.0001
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0.3 pips
Products
Crypto
FixedParad
Environment
--
Currency
--
Maximum Leverage
1 : 1000
SupportedEA
Minimum Deposit
$ 3000
Minimum Spread
from 0.0001
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
None
Products
Forex
ECNParad
Environment
--
Currency
--
Maximum Leverage
1 : 1000
SupportedEA
Minimum Deposit
$ 3000
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0.6 pips
Products
Forex
Interbank
Environment
--
Currency
--
Maximum Leverage
1 : 200
SupportedEA
Minimum Deposit
$ 5000
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
0.3 pips
Products
Forex, Commodities, Indices, Stocks
Standart
Environment
--
Currency
--
Maximum Leverage
1 : 500
SupportedEA
Minimum Deposit
$ 5
Minimum Spread
from 0.00003
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
None
Products
Forex, Commodities, Indices, Stocks
Demo
Environment
--
Currency
--
Maximum Leverage
1 : 500
SupportedEA
Minimum Deposit
$ 0
Minimum Spread
from 0.00003
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
None
Products
Forex, Commodities, Indices, Stocks
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.
- 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.
- 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.
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:
ParadTrade Broker Account Opening Process
To open an account with ParadTrade, follow these steps:
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