XTrend Account Type
XTrend offers a variety of account types to cater to different trading needs. The main account types include:
- Standard Account:
- Minimum Deposit: $50
- Leverage: Up to 1:30 for major currency pairs; potentially up to 1:500.
- Spreads: Average spread of 0.2 pips for EUR/USD.
- Trading Instruments: Access to Forex, CFDs, commodities, indices, shares, precious metals, cryptocurrencies, and energy.
- XTrend Lite Account:
- Minimum Deposit: $10
- Leverage: Up to 1:300.
- Commission: Zero-commission trading.
- Suitable For: Beginners, offering lower risks and costs.
- XTrend Speed Account:
- Minimum Deposit: $10
- Leverage: Up to 1:300.
- Trading Platform: MT4 and Strader for algorithmic and social trading.
Each account type is designed to accommodate different levels of trading experience and investment strategies.
XTrend Broker Account Opening Process
Opening an account with XTrend is a straightforward process that can be completed in a few simple steps:
- Visit the XTrend Website: Go to the official XTrend homepage.
- Click on "Open Account": Look for the "create an account" button on the homepage.
- Fill in Personal Details: Enter your name, email, phone number, and other required information.
- Verify Your Identity: Upload necessary documents such as proof of identification and proof of address.
- Complete the Quiz: Finish an electronic quiz to confirm your trading experience.
- Deposit Funds: After your account is verified, you can proceed with depositing the minimum required amount to start trading.
The whole process is designed to be user-friendly and can typically be completed within minutes.
For more information, visit the following sources:
XTrend accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .