Valutrades Account Types

Valutrades offers a single account type known as the ECN account, which is designed for active traders. Here are the key features of this account type:

• Minimum Deposit: $0, allowing traders to start with any amount.
• Spread: Floating spreads starting from 0.0 pips, providing competitive pricing.
• Commission: A commission of $6 per lot round turn, which means $3 for each side of the trade.
• Leverage: Up to 1:500 for professional clients, while retail clients are limited to 1:30.
• Trading Platform: Available on MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which are popular platforms for forex trading.
• Available Instruments: Traders can access over 80 currency pairs, commodities like gold and silver, and CFDs on major indices.

Valutrades Broker Account Opening Process

To open a trading account with Valutrades, follow these steps:

• Visit the Valutrades Website: Go to Valutrades.
• Select Account Type: Choose between Valutrades UK or Valutrades Seychelles based on your preference for regulatory oversight.
• Fill Out the Registration Form: Complete the online form with your personal details, including your name, email, and phone number.
• Identity Verification: You will need to provide a government-issued ID (passport or drivers license) and proof of address (utility bill or bank statement).
• Read and Sign the Client Agreement: Review the terms and conditions and sign the agreement to proceed.
• Fund Your Account: Choose a funding method (bank transfer, credit/debit card, or e-wallet) and deposit your desired amount to start trading.

Once your account is verified and funded, you can begin trading on the Valutrades platform.

Sources:

• Valutrades Account Types
• Valutrades Account Opening Process