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Diverse range of market instruments, including forex, indices, commodities, and cryptocurrencies.

High leverage of up to 1:500 offered, allowing traders to control larger positions with smaller capital.

Multiple account types catering to different trader preferences and needs.

No regulatory information disclosed, with a revoked regulation status adding to the risks.

Limited contact options for customer support, with no toll-free numbers for international clients.

Withdrawal methods are inefficient and often subject to delays, raising concerns about fund accessibility.

Torrent broker Accounts

Torrent FX Account Type

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

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.

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.

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.

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).