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Pros

Offers a variety of trading platforms, including the popular MetaTrader 5, which provides advanced trading tools and features.
Low minimum deposit requirement of $100, making it accessible for new traders.
High leverage of up to 1:500, appealing to traders looking for potentially larger returns.

Cons

Regulated only by offshore authorities, which may not provide the same level of investor protection as tier 1 regulators.
High deposit fees (3.5% for card transactions) and unclear withdrawal processes can be a disadvantage for traders.
Lack of a demo account option, limiting opportunities for practice before committing real funds.

ST broker Accounts

ST Market Account Type

ST Market offers a variety of account types tailored to meet the needs of both beginners and professional traders. The main account types include:

  • Prime Account:
    • Minimum Deposit: $500
    • Leverage: Up to 1:200
    • Spreads: Variable spreads
    • Standard Account:
      • Minimum Deposit: $500
      • Leverage: Up to 1:200
      • Spreads: Variable spreads
      • ECN Ultra-Low Spread Account:
        • Minimum Deposit: $500
        • Leverage: Up to 1:200
        • Spreads: Raw spreads starting from 0.0 pips, with a commission on trades.

        Additionally, customers can open up to 10 trading accounts under the same name, providing flexibility for managing different trading strategies.

        ST Market Broker Account Opening Process

        Opening an account with ST Market is a straightforward process that can be completed in a few simple steps:

        • Registration:
          • Visit the ST Market website and click on the registration button.
          • You can register using your mobile number or email address.
          • Account Type Selection:
            • Choose the account type that best suits your trading needs (Prime, Standard, or ECN).
            • Provide Personal Information:
              • Fill out the required information, including full name, address, phone number, and identification documents (ID, address certificate, etc.).
              • Verification:
                • ST Market will verify your identity based on the provided documents.
                • Initial Deposit:
                  • Make the minimum deposit of $500 to activate your account. Various deposit methods are available, including bank transfers and e-payment options.
                  • Trading Activation:
                    • Once your account is funded, you can start trading. Your account will be activated automatically after the deposit.
                    • Demo Account Option:
                      • If you prefer to practice first, you can also open a demo account with virtual funds for one month after registration.

                      For more details, you can visit the ST Market FAQ page here.

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