Trendo Broker offers a diverse range of trading accounts, allowing traders and investors to choose the best option based on their trading style and goals. Below, we introduce the different types of Trendo trading accounts and their features:
1. Real Account
The Real Account is the main account for conducting real trades in financial markets. Features of this account include:
Floating Spread from 0 pips: In most cases, the spread for major currency pairs starts from 0.0 pips.
Transaction Commission: $3 per standard lot.
Minimum Deposit: $10 or its equivalent.
Account Base Currency: Selectable from 11 different currencies.
Maximum Leverage: Up to 1:2000.
Account Type: ECN.
2. Demo Account
The Demo Account is designed for practicing and familiarizing yourself with the trading environment without financial risk. Features of this account include:
Unlimited Demo Account Creation: Users can create an unlimited number of demo accounts.
Simulated Real Market Conditions: Spread, commission, and order execution speed are similar to real accounts.
Ideal for Testing Trading Strategies.
3. Wallet Account
The Wallet Account is used for receiving rewards and bonuses such as referral bonuses. Features of this account include:
Base Currency: USD (US Dollar).
Maximum Leverage: 1:200.
Tradable Balance: The balance in this account is tradable.
Transfer and Withdrawal: Users can transfer the balance of this account to other accounts or withdraw it.
4. Bonus Account
The Bonus Account allows users to experience real trades without an initial deposit. Features of this account include:
$100 Welcome Bonus: Users receive a $100 bonus, which can be earned and withdrawn up to $100 if the conditions are met.
Adjustable Leverage: Up to 1:1000.
Withdrawal Conditions: The bonus amount is available for withdrawal once specific conditions are met.
5. PAMM Account
In a PAMM Account, investors connect their funds to the account of a professional trader and share in the profits and losses of their trades. Features of this account include:
Minimum Investment for Account Manager: $500.
Maximum Leverage: 1:500.
Account Manager Commission: A percentage of the net trading profits, paid to the PAMM wallet at the beginning of each calendar month.
Performance Transparency: All performance, trade, and commission data are available transparently and in real-time for investors.
6. CopyTrade Account
The CopyTrade Account allows investors to automatically copy the trades of a professional trader in their account. Features of this account include:
Minimum Investment for Account Manager: $500.
Maximum Leverage: 1:500.
Monthly Membership Fee: Investors pay a fixed monthly membership fee to the account manager.
Access to Statistical Data: Users can access complete statistical data, including return rates, risk levels, and trading history of account managers before choosing an account.
General Conditions for Trading Accounts at Trendo
Account Types: All accounts are ECN-based.
Spread: Floating, starting from 0.0 pips.
Transaction Commission: $3 per standard lot.
Maximum Leverage: Up to 1:2000 for real accounts, and up to 1:500 for PAMM and CopyTrade accounts.
Minimum Deposit: $10 or its equivalent.
Islamic Account: Available for Gold and major currency pairs without time limitations.
For more guidance, you can contact Trendo's 24/7 support team.