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Pros

Wide range of trading instruments offered
Availability of MT5 trading platform
Low minimum deposit requirement

Cons

Lack of valid regulation
Limited transparency on spreads, commissions, and payment methods
Lack of 24/7 live chat support

Peto broker Accounts

Peto Account Type

Peto offers a trading account with a low minimum deposit requirement of just $50, making it accessible for new traders. The account allows trading in a wide range of financial instruments, including forex currency pairs, commodities, metals, indices, stocks, cryptocurrencies, and contracts for difference (CFDs). The maximum leverage available is 1:500 for forex and indices, 1:100 for commodities, 1:200 for metals, and 1:10 for cryptocurrencies. Traders can also utilize the MetaTrader 5 (MT5) trading platform, which provides advanced features and tools for effective trading.

Peto Broker Account Opening Process

To open an account with Peto, follow these steps:

  • Visit the Website: Go to Peto's official website.

  • Choose Account Type: Select the trading account type that suits your needs, considering the low minimum deposit of $50.

  • Complete Registration:

    • Fill out the online application form with your personal details.
    • Provide necessary identification information, including your name, address, and contact details.
    • Verify Identity: Peto may require you to complete KYC (Know Your Customer) verification by submitting identification documents.

    • Fund Your Account: After your account is approved, deposit funds using available payment methods, such as credit/debit cards or wire transfers.

    • Start Trading: Once your account is funded, you can begin trading using the MT5 platform.

    • Be aware that Peto currently lacks valid regulation, so exercise caution when trading.

Peto accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Peto Account