Riley Finance Account Type

Riley Finance offers several account types to cater to different trading needs. The available account types include:

• Main Account: Minimum deposit ranges from $0 to $2,500.
• Bronze Account: Minimum deposit ranges from $2,500 to $10,000.
• Silver Account: Minimum deposit ranges from $10,000 to $25,000.
• Gold Account: Minimum deposit ranges from $25,000 to $50,000.
• Platinum Account: Minimum deposit ranges from $50,000 to $100,000.
• VIP Account: Minimum deposit starts from $100,000 onwards.

The broker does not provide specific trading conditions on their website, but it has been noted that the spread for EUR/USD is set at 0.4 pips with a maximum leverage of 1:100, which is above the legal limit for regulated brokers in the UK.

Riley Finance Broker Account Opening Process

To open an account with Riley Finance, follow these steps:

• Visit the Website: Go to rileyfinance.com to access the registration page.
• Fill Out the Registration Form: Complete the online registration form by providing your first and last name, country of residence, phone number, email address, and password.
• Agree to Terms: Confirm that you are at least 18 years old and not a US citizen, and agree to the terms and conditions and privacy policy.
• Submit Your Application: After completing the form, submit your application for review.

Once your application is processed, you will receive confirmation and further instructions on funding your account. Be aware that the broker does not offer a free demo account, and the minimum deposit requirements vary depending on the account type you choose.