WhoTrades Account Types

　　WhoTrades offers several types of trading accounts to cater to different trading needs. The main account types include:

• Forex Light Account:
• Minimum Deposit: No minimum deposit required.
• Leverage: Up to 1:500.
• Commission: No commission on trades.
• Available Currency Pairs: 50 currency pairs.
• Forex Standard Account:
• Minimum Deposit: $100.
• Leverage: Up to 1:200.
• Commission: No commission; spreads start from 0.5.
• Insurance: €20,000 insurance provided for each client account.
• Forex ECN Account:
• Minimum Deposit: $10,000.
• Leverage: Up to 1:100.
• Commission: $3 per trade; spreads start from 0.3.
• Execution Type: Algorithmic trading using Currenex technology.
• Multi-Market Account (MMA):
• Minimum Deposit: $200 for U.S. accounts.
• Features: Allows simultaneous access to global and OTC markets without opening separate accounts.
• Commission: Low commissions on equity trades; no spreads on forex trades.
• Demo Account:
• Available for each market once a standard or light account has been registered.

　　

WhoTrades Broker Account Opening Process

　　Opening an account with WhoTrades is a straightforward process. Here are the steps:

• 　　Visit the WhoTrades Website: Go to the official WhoTrades website.

• 　　Select Account Type: Choose the account type that best fits your trading needs (Forex Light, Forex Standard, Forex ECN, MMA, or Demo).

• 　　Fill Out Registration Form: Complete the online registration form with your personal information, including:

• Full name
• Email address
• Phone number
• Country of residence
• Submit Identification Documents: Provide necessary documentation for identity verification, such as:
• A scanned color copy of your passport, drivers license, or national ID card.
• A recent utility bill or bank statement that confirms your residential address.

• 　　Fund Your Account: Make an initial deposit according to the minimum deposit requirement of the selected account type. Funding methods include bank transfers, credit cards, Neteller, and Skrill.

• 　　Start Trading: Once your account is verified and funded, you can access the WhoTrades trading platform and begin trading.

　　By following these steps, you can successfully open a trading account with WhoTrades and start your trading journey.