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Valutrades broker Accounts
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:
Account info similar to that of a broker
Valutrades accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities,
Cryptocurrencies, Premium Neex accounts with a minimum deposit of -- by (2+) bank transfer.