Preferred Capital Limited Account Type

Preferred Capital Limited offers a variety of account types to cater to the diverse needs of traders. The main account types include:

• ECN Account:
• Designed for clients engaged in forex trading.
• Minimum deposit: $50.
• Maximum leverage: up to 1:500.
• Spreads starting from as low as 0.2 pips.
• Commission starting from $7 per lot.
• STP Account:
• Also tailored for forex trading.
• Minimum deposit: $50.
• Maximum leverage: up to 1:500.
• Variable spreads starting from 0.9 pips.
• No additional commission charges.
• Individual Accounts:
• For personal trading activities.
• Joint Accounts:
• For individuals who wish to trade collectively with another party.
• Corporate Accounts:
• Tailored for corporate entities to facilitate trading activities on behalf of companies or organizations.
• Islamic Accounts:
• Compliant with Islamic principles, allowing clients to engage in trading activities that align with their religious beliefs.

Preferred Capital Limited Broker Account Opening Process

Opening a trading account with Preferred Capital Limited involves a straightforward process consisting of the following steps:

• Registration:
• Visit the Preferred Capital Limited website and navigate to the account opening section.
• Provide personal information, including name and contact details.
• Documentation Submission:
• Submit required documentation, including proof of identity (valid passport, national ID card, or drivers license) and proof of address (recent utility bill or bank statement).
• Verification and Approval:
• Preferred Capital Limited will verify the submitted information.
• Account Funding:
• Once approved, fund your trading account with a minimum deposit of $50.
• Start Trading:
• After funding, you can start trading on the platform.

For more details, you can visit their official website: Preferred Capital Limited.