Rating Index
Pros
Established since 2019, offering a degree of experience in the market.
Supports multiple deposit and withdrawal methods, including bank wire and credit/debit cards.
Provides customer support via email, phone, and live chat.
Cons
Unregulated broker, which raises concerns about the safety of traders' funds and lack of investor protection.
High minimum deposit requirement of $250 may be a barrier for some new traders.
Limited information on trading conditions and fees, making it difficult for traders to assess overall costs.
Plutus broker Accounts
Plutus Account Type
Plutus offers a range of account types tailored to meet the needs of individual traders. The primary account type available is the Personal Account, which allows traders to access various tradable instruments, particularly focusing on commodities such as metals, wires, and cables. Here are some key features of the Personal Account:
- Minimum Deposit: The minimum deposit required to open a Personal Account is £500.
- Trading Platform: Access to the widely-used MetaTrader 4 (MT4) platform, providing advanced charting tools and technical indicators.
- Demo Account: A demo account is available for prospective traders to practice trading strategies without risking real capital.
- Customer Support: Support is provided through multiple channels, including phone and email.
- Transaction Methods: Deposits and withdrawals can be made via credit/debit cards and bank transfers.
- Visit the Official Website: Navigate to the official Plutus website.
- Select "Open Account": Click on the “Sign Up” or “Open Account” button prominently displayed on the homepage.
- Fill Out the Registration Form: Provide personal details such as your name, email address, phone number, and create a password.
- Identity Verification: Submit identification documents for KYC (Know Your Customer) verification, which may include a government-issued ID and proof of residence.
- Make a Deposit: Once your account is verified, proceed to fund it with a minimum of £500.
- Start Trading: With your account funded, explore the trading platform and utilize available market research and analytical tools to inform your trading decisions.
Plutus Broker Account Opening Process
Opening an account with Plutus involves a straightforward process. Heres a step-by-step guide:
By following these steps, traders can successfully establish a trading account with Plutus and begin their trading journey.
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