Types of Accounts in Trendo

Types of Accounts in Trendo

Trendo Broker offers eight types of trading accounts with various features, each designed to meet the diverse needs of users. Below, we introduce these accounts and their characteristics.

1. Real Account
 The main account for traders to conduct real trades in the financial markets. This account is of the ECN type and has the lowest spread (zero spread on major currency pairs) and minimal commission.
 Features of the Real Account:

  • Easy deposit and withdrawal

  • Best trading conditions

  • Leverage settings ranging from 1:25 to 1:2000

  • Base currency is determined based on the user’s IP address:

    • Euro (EUR) for European users

    • The local currency for users from the UK, Australia, New Zealand, Japan, Switzerland, Canada, China, Singapore, and South Africa

    • US Dollar (USD) for other countries

2. Demo Account
 This account is designed for practicing and learning trading without any cost or risk, allowing users to test trading strategies in a real market environment.
 Features of the Demo Account:

  • No deposit required, free

  • No risk, ideal for practice

  • Environment similar to real trading

  • Identical trading conditions to the real account

3. Wallet Account
 This account is specifically for receiving rewards, bonuses, and earnings from referral codes in Trendo.
 Features of the Wallet Account:

  • Receive various rewards and bonuses (e.g., referral bonuses)

  • Trade with the amounts in the wallet

  • Transfer and withdraw funds to/from the real account

  • Base currency: US Dollar (USD)

  • Leverage: 1:200

  • This account is automatically activated and cannot be created by the user.

4. Bonus Account
 This account is designed to receive a welcome gift from Trendo and is automatically activated upon the first registration.
 Features of the Bonus Account:

  • Receive a $100 welcome bonus with no deposit required

  • Trade risk-free in the Forex market

  • Withdraw $100 from the bonus account’s trades

  • Base currency: US Dollar (USD)

  • Leverage: 1:1000

  • This account is automatically activated and cannot be created by the user.

5. PAMM Account
 In a PAMM account, investors can connect their capital to a successful trader, allowing their trades to be automatically executed on their accounts. Traders receive a percentage of the investors' profits as a commission for managing the account.
 Features of the PAMM Account:

  • Manage investments with a portfolio of multiple accounts under one account

  • Access statistical data to evaluate successful PAMM accounts

  • Easy process to create and manage a PAMM account

6. CopyTrade Account
 The CopyTrade account is similar to the PAMM account, but the trader’s commission is fixed monthly and does not depend on the profit or loss of the investor.
 Features of the CopyTrade Account:

  • Manage multiple accounts in one account

  • Access statistical data to review successful CopyTrade accounts

  • Simple process to create and manage a CopyTrade account

7. PAMM and CopyTrade Wallet Accounts
 PAMM Wallet
 This wallet is for receiving the trader’s commission, deposited monthly at the start of the calendar month. If an investor exits a PAMM account and qualifies for a commission payment, the commission amount will be transferred to the trader’s account. The trader can withdraw the available amount from this wallet at any time.
 CopyTrade Wallet
 This wallet is for receiving commissions from the CopyTrading system. The commission is deposited based on the number of investors connected to the CopyTrade account.
 These accounts are automatically activated and cannot be created by the user.

8. Contest Account
 In case of a trading competition hosted by Trendo, a separate contest account will be created for the participating users.
 This account is automatically activated and cannot be created by the user.

Important Notes

  • Users can create multiple trading accounts (real, demo, PAMM) with their preferred base currency.

  • Each user can only have one verified account, but within this account, up to 20 active trading accounts can be created.

  • All accounts offered by Trendo are ECN type, allowing traders to enjoy the best trading conditions.

Users should carefully review the terms and conditions of each account.

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