Venom Trading Account Type

Venom Trading offers a straightforward account structure with only one live account type, the IRA Account. The details are as follows:

• Minimum Deposit:
• $5,000 for standard traders.
• $3,000 for traders under the age of 25.
• Account Features:
• Access to a variety of trading instruments, including equities, options, futures, and forex.
• Extended trading hours from 6 AM to 8 PM EST.
• Maximum leverage of 1:4.
• Commission rates:
• $0.004 per share for equities.
• $0.75 per contract for options.
• $1.25 per contract for futures.
• 0.20 basis points for forex with a minimum of $2 per trade.
• Trading Platforms: Users can trade through desktop, mobile, and web platforms.

Venom Trading Broker Account Opening Process

Opening an account with Venom Trading is a simple process that involves the following steps:

• Visit the Website: Go to the Venom Trading website and click on "Open an Account."

• Complete the Application: Fill out the application form with your email address, username, password, and country of residence.

• Email Confirmation: Confirm your email address.

• Document Verification: Upload the required documents for verification, such as proof of address and identity.

• Account Approval: Wait for account approval, which typically takes up to 2 business days.

• Fund Your Account: Once approved, fund your account using one of the available methods: check, wire transfer, ACH transfer, or online bill pay.

• Start Trading: After your account is funded, you can begin trading.

For further details, you can visit the Venom Trading website: Venom Trading.