Torrent FX Account Type

Torrent FX offers three distinct account types tailored to different trading needs and preferences:

• Standard Account:
• Minimum Deposit: $200
• Leverage: Up to 1:500
• Spreads: Starting from 1.2 pips for major currency pairs, 1.5 pips for minor currency pairs, and 2.0 pips for exotic currency pairs.
• Suitable For: Beginners and those who prefer straightforward trading conditions.
• Premium Account:
• Minimum Deposit: $1,000
• Leverage: Up to 1:300
• Spreads: Starting from 0.8 pips for major currency pairs, 1.2 pips for minor currency pairs, and 1.5 pips for exotic currency pairs.
• Commission: $2.5 per lot traded (round-turn).
• Suitable For: More experienced traders seeking enhanced trading conditions.
• VIP Account:
• Minimum Deposit: $10,000
• Leverage: Up to 1:100
• Spreads: Starting from 0.5 pips for major currency pairs, 1.0 pip for minor currency pairs, and 1.2 pips for exotic currency pairs.
• Commission: $1.5 per lot traded (round-turn).
• Suitable For: Professional traders and high-net-worth individuals seeking top-tier services and personalized support.

Torrent FX Broker Account Opening Process

To open an account with Torrent FX, follow these steps:

• Visit the Website: Navigate to Torrent FX's official website.
• Select Account Type: Choose the desired account type (Standard, Premium, or VIP) based on your trading needs.
• Complete Registration: Fill out the registration form with personal details, including your name, email, and contact number.
• Submit Required Documents: Provide necessary identification documents, such as a government-issued ID and proof of address.
• Fund Your Account: Deposit the minimum required amount using available payment methods (e.g., bank wire transfers, credit/debit cards).
• Account Verification: Wait for the broker to verify your account. This may take some time based on the broker's procedures.
• Start Trading: Once your account is verified, you can log in and begin trading on the provided platforms (MetaTrader 4 and 5).

Traders are advised to review the specific terms and conditions associated with each account type before proceeding.