Broker Details
FinoTrend is an online trading broker that trades on Forex, Indices, Metals, Energies, Futures, and Shares. This broker is based on Finotrend webtrader and mobile phone application. This broker has an option where a client can be a partner with FinoTrend.
There are five types of accounts provided by FinoTrend. These accounts have different levels of funding. Spreads and leverages are also different in these accounts. All these accounts come with a dedicated account manager. All these accounts can be operated using webtrader or mobile apps. All these features of these five live trading accounts are discussed below:-
- Beginner Account:- This account requires a minimum of €5,000 to start. The funding in this account is limited to €9,999. The leverage in this account is 1:10. Amount of open positions is limited in this account. This account doesn't get trading signals.
- Trader Account:- This account requires a minimum of €10,000 of funding. Funding is limited to €24,999. The leverage in this account is 1:20. Amount of open positions is limited in this account. This account also doesn't get any trading signals.
- Expert Account:- This account requires a minimum €25,000 deposit to start the account. The deposit in this account is limited to €49,999. The leverage in this account is 1:30. Amount of open positions is unlimited in this account. This account is valid for trading signals.
- VIP Account:- This account starts with €50,000 of minimum deposit. The deposit is limited to €99,999 in this account. This account has the leverage of 1:40. Amount of open positions is unlimited in this account. This account is valid for trading signals.
- Exclusive account:- This account requires more than €100,000 of deposit. This account has 1:50 leverage. Just like the Expert and VIP account, the amount of open positions is unlimited in this account and this account is valid for trading signals.
555