Vipro Markets Account Type
Vipro Markets offers several account types tailored to meet different trading needs. The main account types include:
- Classic Account:
- Commission: $0 (commission-free).
- Spreads: Variable spreads starting from 1.5 pips on EUR/USD.
- Minimum Deposit: $25.
- Leverage: Up to 1:500.
- Scalping: Allowed.
- ECN Account:
- Commission: $2 per side per lot.
- Spreads: Variable spreads starting from 0.0 pips (average 0.2-0.3 pips for EUR/USD).
- Minimum Deposit: $25.
- Leverage: Up to 1:500.
- Scalping: Allowed.
- VIP Account:
- Commission: $1.6 per side per lot.
- Spreads: Variable spreads starting from 0.0 pips.
- Minimum Deposit: $50,000.
- Leverage: Up to 1:500.
- Scalping: Allowed.
All accounts support micro lots for trading, and Vipro Markets offers a demo account with $50,000 of virtual funds to practice trading under real market conditions.
Vipro Markets Broker Account Opening Process
Opening an account with Vipro Markets is a straightforward process. Here are the steps to follow:
- Choose Your Account Type:
- Decide which account type suits your trading style (Classic, ECN, or VIP).
- Complete the Registration Form:
- Visit the Vipro Markets website and fill out the online registration form with your personal details.
- Verify Your Identity:
- Submit required documents for identity verification, such as a government-issued ID and proof of residence.
- Fund Your Account:
- Make an initial deposit to fund your trading account. The minimum deposit for most accounts is $25.
VIPRO accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .