Rating Index

Pros

Wide range of deposit and withdrawal methods, including bank transfer, credit/debit cards, and e-wallets.

Offers a swap-free account option, catering to clients who prefer not to pay interest on positions.

Provides access to the Utip trading platform, which includes features for binary options trading.

Cons

Lacks regulatory oversight, operating as an offshore broker which raises concerns about safety and transparency.

High spreads starting from 3 pips on major currency pairs, which can be considered uncompetitive compared to other brokers.

Minimum deposit requirement of $2,000, which may be prohibitive for beginner traders.

Pelliron broker Accounts

Pelliron Account Type

Pelliron offers various account types tailored to meet the needs of different traders. The primary account type available is the Standard Account. Here are the key features:

Minimum Deposit: The minimum deposit required to open a Standard Account is $2,000.
Spread: The spreads are fixed and start from 3.0 pips on major currency pairs like EUR/USD.
Leverage: The maximum leverage offered is 1:100.
Trading Instruments: Traders can access a variety of instruments, including 46 forex pairs, 12 indexes, and 5 cryptocurrencies.
Base Currencies: Accounts can be denominated in USD, EUR, or GBP.

Pelliron Broker Account Opening Process

Opening an account with Pelliron is a straightforward process. Here are the steps you need to follow:

Visit the Website: Go to pelliron.com to start the registration process.
Registration: Fill out the registration form with your personal details, including your name, email address, and phone number.
Account Verification: You may need to provide identification documents for verification purposes.
Deposit Funds: Once your account is verified, you can make the minimum deposit of $2,000 using various payment methods such as bank transfer, credit/debit cards, or e-wallets like Neteller.
Start Trading: After funding your account, you can start trading using the platform offered by Pelliron.

For more details, you can refer to the sources: