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Rating Index
Pros
Leverage up to 1:500, allowing for potentially higher returns on investments.
Commission-free trading on certain account types, which can be cost-effective for active traders.
Variety of CFD instruments available, including forex, indices, commodities, and metals.
Cons
Regulatory status is suspicious, with claims of being a clone entity, raising concerns about safety and legitimacy.
No demo account available, limiting opportunities for new traders to practice before investing real money.
Customer support is only available via email, which may lead to slower response times for urgent issues.
Vision Trade broker Accounts
Vision Trade Account Type
Vision Trade offers various account types tailored to meet the diverse needs of traders. The primary account types include:
- Standard Account:
- Minimum Deposit: $100
- Leverage: Up to 1:500
- Commission: $15 per trade
- Spread: Floating, starting from 0.2 pips
- Trading Instruments: CFDs for Forex, indices, commodities, and metals.
- Commission-Free Account:
- Minimum Deposit: $200
- Leverage: Up to 1:500
- Commission: $0
- Spread: Floating, starting from 0 pips
- Trading Instruments: CFDs for Forex, indices, commodities, and metals.
- Visit the Website: Go to the Vision Trade official website.
- Select Account Type: Choose between the Standard Account or the Commission-Free Account based on your trading preferences.
- Fill Out the Application: Complete the online application form with your personal details.
- Submit Required Documents: Upload necessary documents, including identification and proof of address.
- Initial Deposit: Make the minimum deposit required for your chosen account type ($100 for Standard or $200 for Commission-Free).
- Verification: Wait for the account verification process, which usually takes a short time.
- Access Trading Platform: Once verified, you will receive your account details, allowing you to access the trading platforms and start trading.
Both account types support automated trading and provide access to the MT4 and MT5 trading platforms.
Vision Trade Broker Account Opening Process
Opening an account with Vision Trade is straightforward and can be completed digitally. Heres a step-by-step guide to the account opening process:
By following these steps, traders can efficiently set up their accounts and begin their trading journey with Vision Trade.
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