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Pros

Diverse tradable assets including forex, precious metals, commodities, and indices
User-friendly trading platform (MT4) with advanced charting and analysis tools
Low minimum deposit requirement of $50

Cons

Unregulated status raises concerns about safety and reliability
High spreads compared to industry standards, which may increase trading costs
Limited account types and educational resources for traders

TigerWit broker Accounts

TigerWit Account Type

TigerWit offers a variety of account types to cater to different trading needs:

  • Live Account
    • Minimum Deposit: $50
    • Leverage: Up to 1:30 for UK traders, up to 1:200 for other traders.
    • Base Currencies: GBP, EUR, USD.
    • Platform: MetaTrader 4.
    • Copy Trading Account
      • Designed for beginners who want to mirror the strategies of experienced traders.
      • Fully automated and easily accessible.
      • Base Currencies: GBP, EUR, USD.
      • Professional Account
        • Eligibility: Requires a portfolio of over $500,000 and proof of professional trading experience.
        • Spreads: Floating spreads starting from 0.7 pips.
        • Leverage: Higher leverage available.
        • Base Currencies: GBP, EUR, USD.
        • Islamic Account
          • Minimum Deposit: $50
          • Leverage: Up to 1:30 for UK traders, up to 1:200 for other traders.
          • Commission: No commission is charged per trade.
          • Base Currencies: GBP, EUR, USD.
          • Demo Account
            • Provides $10,000 in virtual funds for practice.
            • Ideal for beginners or traders testing strategies without risking real capital.

            For more details, you can visit the following link: TigerWit Account Types.

            TigerWit Broker Account Opening Process

            To open an account with TigerWit, follow these steps:

            • Registration:
              • Visit the TigerWit website or download the app.
              • Fill in your mobile number or email address to start the registration process.
              • Account Type Selection:
                • Choose between a demo account or a live account.
                • Verification:
                  • You may be required to provide identification documents such as a passport or national ID, along with proof of address.
                  • Approval Time:
                    • Demo accounts are opened immediately.
                    • Live accounts are typically approved within minutes, although additional verification may be requested.
                    • Deposit Funds:
                      • After account approval, deposit the minimum required amount ($50) to start trading.

                      For more information on the account opening process, visit: TigerWit Account Opening.

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