
Bullwaves BullWaves
Trade with Bullwaves, a regulated forex broker offering MT5, flexible account options, and competitive trading conditions!
Bullwaves is a forex broker registered in Seychelles under Equitex Capital Limited, with its headquarters in Italy and offices in Cyprus and Dubai. The broker holds a financial license from the Seychelles FSA and provides trading services via MetaTrader 5 (MT5). It offers various account types, including Classic, VIP, and Elite, each with different leverage, deposit requirements, and trading conditions. Traders can access over 200 financial instruments such as forex pairs, commodities, indices, and ETFs, but cryptocurrencies and bonds are currently unavailable. Bullwaves also operates a proprietary trading firm, “Bull Waves Prime,” allowing traders to manage large funds and share profits under specific conditions.
Invest in Forex with Bullwaves
Bullwaves Forex Broker Review: Trading Accounts, Platforms, and Regulations
Broker Name | Bullwaves |
---|---|
Operating Company | Equitex Capital Limited |
Headquarters | Italy |
Offices | Cyprus, Dubai |
Financial License | Seychelles FSA (License No. SD185) |
Trading Platform | MetaTrader 5 (MT5) |
Available Instruments | Forex, Metals, Energy, Indices, Stocks, ETFs |
Account Types | Classic, VIP, Elite |
Minimum Deposit | $250 (Classic), $10,000 (VIP), $50,000 (Elite) |
Leverage | Up to 500x |
Withdrawal Fees | Free above certain thresholds; fees apply for smaller withdrawals |
Prop Firm | Bull Waves Prime |
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What is Bullwaves? What Kind of Forex Broker Is It?
Bullwaves is a forex broker registered in Seychelles.
Bullwaves also offers a prop firm called “Bull Waves Prime.”
Bullwaves Company Overview and Corporate Information
Below is the company overview of Bullwaves.
Forex Broker | Bullwaves |
---|---|
Operating Company | Equitex Capital Limited |
Representative | Mr. Filippo De Rosa |
Headquarters | Italy |
Offices | Cyprus, Dubai |
Financial License | Seychelles FSA |
Phone Number | +248 4379848 |
Email Address | support@bullwaves.com |
If you have any questions about Bullwaves, you can contact customer support.
Click Here to Open an Account (Free)
Bullwaves Financial License & Regulation
Forex broker Bullwaves is licensed by the Financial Services Authority (FSA) in the Republic of Seychelles.
Company Name | Equitex Capital Limited |
---|---|
Registration Number | 8434948-1 |
Financial License | Financial Services Authority (FSA) |
License Number | SD185 |
Registered Address | CT House, office number 9A, Providence, Mahe, Seychelles |
Office Address | Office No.Al9C, Providence Complex, Providence, Mahe, Seychelles |
Bullwaves’ financial license from Seychelles FSA also registers other brokers like XM, XMTrading, exness, FXGT, etc.
Bullwaves’ Cyprus Group Company
Forex broker Bullwaves has a group company in Cyprus as well.
Company Name | ETX Services Limited |
---|---|
Registration Number | HE455407 |
Registered Address | Archiepiskopou Makariou 111160, 3026 Limassol |
Bullwaves customer support is also available from Southeast Asia, including Malaysia.
Bullwaves Bonuses and Campaigns
Forex broker Bullwaves is not a bonus broker.
Bullwaves has previously offered a 100% deposit bonus for a limited time, which could earn you up to 2000 USD.
When Bullwaves starts offering account opening bonuses (no deposit bonuses) or 100% deposit bonuses, it will be announced on the official website and other platforms.
Bullwaves Trading Instruments
Forex broker Bullwaves offers around 200 trading instruments.
- FX Currency Pairs
- Precious Metals (Metals)
- Energy
- Commodities
- Indices (Stock Indices)
- Individual Stocks (Equities)
Bonds- ETFs (Exchange Traded Funds)
Cryptocurrencies (Digital Assets/Cryptocurrencies)
At Bullwaves, you can trade FX currency pairs like the USD/JPY, as well as gold, oil, the Nikkei stock average, and US stocks.
Bullwaves Trading Tools (Trading Platform)
Forex broker Bullwaves’ trading tool is MT5.
Bullwaves’ MT5 (MetaTrader 5) is a newer and more functional trading tool than MT4.
Bullwaves Account Types
Forex broker Bullwaves offers three types of accounts.
- Classic Account
- VIP Account
- Elite Account
First-time traders at Bullwaves usually start with a Classic Account.
Trading Environment, Conditions, and Rules for Bullwaves Classic Account
Below are the trading environment, conditions, and rules for the Bullwaves Classic Account.
Account Type | Classic Account |
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Minimum Deposit | 250 USD |
Trading Instruments | All except Individual Stocks |
Leverage | 200x |
Minimum Spread | 2 pips |
Minimum Lot Size | 0.01 lots |
Stop Out | 50% |
Bullwaves Classic Account is set up for forex beginners.
Click Here for the Classic Account↗
Trading Environment, Conditions, and Rules for Bullwaves VIP Account
Below are the trading environment, conditions, and rules for the Bullwaves VIP Account.
Account Type | VIP Account |
---|---|
Minimum Deposit | 10,000 USD |
Trading Instruments | All except Individual Stocks |
Leverage | 400x |
Minimum Spread | 1.5 pips |
Minimum Lot Size | 0.5 lots |
Stop Out | 35% |
Bullwaves VIP Account is set up for experienced forex traders.
Click Here for the VIP Account↗
Trading Environment, Conditions, and Rules for Bullwaves Elite Account
Below are the trading environment, conditions, and rules for the Bullwaves Elite Account.
Account Type | Elite Account |
---|---|
Minimum Deposit | 50,000 USD |
Trading Instruments | All |
Leverage | 500x |
Minimum Spread | 1.1 pips |
Minimum Lot Size | 0.1 lots |
Stop Out | 25% |
Bullwaves Elite Account is set up for professional traders.
Click Here for the Elite Account↗
Notes on Opening an Account with Bullwaves
At Forex broker Bullwaves, like at XM, an inactivity fee is incurred for dormant accounts.
Bullwaves’ dormant account maintenance fee is 10 USD per month.
Also, Bullwaves now allows the opening of corporate accounts.
Copy Trading at Bullwaves
At Forex broker Bullwaves, you can engage in copy trading for automated trading.
In copy trading, you can follow traders at Bullwaves who have high profitability.
(Varies depending on the trader you follow) You can start copy trading at Bullwaves with a small amount.
Deposit and Withdrawal Methods at Bullwaves
Forex broker Bullwaves offers various methods for depositing and withdrawing funds, including “bank transfer,” “credit card,” “debit card,” and “online wallets.”
It may take between 3 to 5 business days for deposits to be reflected in your FX account at Bullwaves after the deposit process is initiated.
Withdrawal Fees at Bullwaves
At Forex broker Bullwaves, a withdrawal fee is incurred for withdrawals below a certain amount.
Withdrawal Method | Withdrawal Fee |
---|---|
Bank Withdrawal | Below 100 EUR equivalent: 10 USD Above 100 EUR equivalent: Free |
Card Withdrawal | Below 20 EUR equivalent: 10 USD Above 20 EUR equivalent: Free |
In addition to Bullwaves’ withdrawal fees, lifting charges and other fees may be incurred during a transfer.
Bullwaves Prop Firm ‘Bull Waves Prime’
Forex broker Bullwaves offers a prop firm called ‘Bull Waves Prime,’ similar to Fintokei.
A prop firm involves trading with a high amount of funds in a demo account, and upon meeting the trading conditions, a percentage of the profits can be withdrawn.
FAQs
- What is Bullwaves?
- Bullwaves is a forex broker registered in Seychelles under Equitex Capital Limited.
- What trading platform does Bullwaves use?
- Bullwaves offers the MetaTrader 5 (MT5) trading platform.
- Is Bullwaves regulated?
- Yes, Bullwaves is licensed by the Seychelles Financial Services Authority (FSA) under license number SD185.
- What account types does Bullwaves offer?
- It offers three account types: Classic, VIP, and Elite, each with different deposit requirements and trading conditions.
- What is the minimum deposit at Bullwaves?
- The minimum deposit is $250 for a Classic Account, $10,000 for a VIP Account, and $50,000 for an Elite Account.
- What trading instruments are available?
- Bullwaves provides forex, metals, energy, indices, stocks, and ETFs, but does not offer cryptocurrencies or bonds.
- What leverage does Bullwaves offer?
- Leverage varies by account type, up to 500x for Elite Accounts.
- Does Bullwaves offer bonuses?
- Bullwaves does not currently offer bonuses, but it has provided deposit bonuses in the past.
- What is Bull Waves Prime?
- Bull Waves Prime is a proprietary trading firm where traders can manage large funds and earn a share of the profits.
- What withdrawal methods does Bullwaves support?
- Bullwaves supports bank transfers, credit/debit cards, and online wallets, with free withdrawals above a certain amount.
Invest in Forex with Bullwaves
Steps to Open an Account with Bullwaves
To start trading with Bullwaves, follow these steps:
- **Visit the Official Website:** Click on the registration link on the Bullwaves homepage.
- **Provide Personal Information:** Fill in basic details, including name, email, phone number, and country of residence.
- **Select Account Type:** Choose between **Classic**, **VIP**, or **Elite**, based on trading preferences and deposit capacity.
- **Verify Identity:** Upload identification documents such as a passport or driver’s license, along with proof of residence.
- **Deposit Funds:** Add funds using one of the available payment methods.
- **Start Trading:** Once approved, log into **MetaTrader 5 (MT5)** and begin trading.
Open an Account with Bullwaves
Required Documents for Account Verification
To comply with financial regulations, Bullwaves requires traders to submit verification documents.
- **Proof of Identity**
- Government-issued ID, passport, or driver’s license.
- **Proof of Residence**
- Utility bill, bank statement, or rental agreement issued within the last three months.
- **Payment Method Verification**
- If using a credit/debit card, submit a copy of the card with only the last four digits visible.
Deposit and Withdrawal Methods
Bullwaves provides multiple options for funding and withdrawing from accounts.
Payment Method | Processing Time |
---|---|
Bank Transfer | 3-5 Business Days |
Credit/Debit Card | Instant |
E-Wallets | Instant to 24 Hours |
This structured process ensures a smooth and secure account setup, enabling traders to access global markets through Bullwaves.
Bullwaves Regulation and Licensing
Bullwaves operates as a forex broker under the legal entity Equitex Capital Limited, which is registered in Seychelles. The broker’s financial activities are authorized by the Financial Services Authority (FSA) of Seychelles, ensuring compliance with industry standards.
Regulating Authority | Financial Services Authority (FSA), Seychelles |
---|---|
License Number | SD185 |
Registered Company Name | Equitex Capital Limited |
Registration Number | 8434948-1 |
Registered Address | CT House, Office 9A, Providence, Mahe, Seychelles |
Bullwaves’ International Presence
Though registered in Seychelles, Bullwaves has its main office in Italy and operates from additional locations in Cyprus and Dubai.
Headquarters | Italy |
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Other Offices | Cyprus, Dubai |
Bullwaves’ Proprietary Trading Firm
In addition to standard brokerage services, Bullwaves operates a proprietary trading firm under the name “Bull Waves Prime.” This division allows traders to handle large capital allocations and earn a portion of the profits by meeting specific conditions.
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How Bullwaves Compares with Other Regulated Brokers
Bullwaves’ FSA license in Seychelles places it among several brokers that also operate under this regulatory framework. Some of the other well-known forex brokers with Seychelles FSA licenses include:
- XM
- XMTrading
- Exness
- FXGT
Security and Compliance Measures
Bullwaves adheres to regulatory requirements set by the FSA, which includes maintaining segregated client funds, ensuring financial transparency, and implementing risk management policies. These measures help to enhance client protection and maintain trading integrity.
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Bullwaves Account Types
Bullwaves offers three trading account types, each designed for different levels of traders. These accounts vary in leverage, minimum deposits, and trading conditions.
- Classic Account
- VIP Account
- Elite Account
First-time users often begin with the Classic Account, while more advanced traders may opt for VIP or Elite accounts.
Classic Account: Features & Conditions
This account is designed for those new to forex trading, providing a straightforward setup with reasonable costs.
Minimum Deposit | $250 |
---|---|
Leverage | 200x |
Minimum Spread | 2 pips |
Minimum Lot Size | 0.01 lots |
Stop Out | 50% |
VIP Account: Features & Conditions
This account type offers better trading conditions, making it suitable for those with more market experience.
Minimum Deposit | $10,000 |
---|---|
Leverage | 400x |
Minimum Spread | 1.5 pips |
Minimum Lot Size | 0.5 lots |
Stop Out | 35% |
Elite Account: Features & Conditions
Designed for those seeking premium trading conditions, this account has the highest deposit requirement but also offers the most competitive spreads and leverage.
Minimum Deposit | $50,000 |
---|---|
Leverage | 500x |
Minimum Spread | 1.1 pips |
Minimum Lot Size | 0.1 lots |
Stop Out | 25% |
Bullwaves Spread Cost and Commission
Bullwaves applies different trading costs based on the selected account type. These costs include spreads and commissions, which vary depending on market conditions and asset types.
Spread Cost at Bullwaves
Spreads at Bullwaves differ across accounts, with tighter spreads available on accounts that require higher deposits. Below is a breakdown of the minimum spreads:
Account Type | Minimum Spread |
---|---|
Classic Account | 2 pips |
VIP Account | 1.5 pips |
Elite Account | 1.1 pips |
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Commission Structure at Bullwaves
Unlike some brokers that offer commission-free trading, Bullwaves may charge additional fees on certain accounts. Below is an overview of the commission policy:
Account Type | Commission |
---|---|
Classic Account | No commission |
VIP Account | Commission-free on most trades |
Elite Account | Lower commission on select instruments |
Additional Notes on Trading Costs
- Spreads fluctuate based on market conditions.
- Traders using the **Classic Account** can trade without commissions but with wider spreads.
- **VIP** and **Elite** accounts benefit from reduced spreads and, in some cases, lower or no commission fees.
- Hidden costs, such as swap fees for overnight positions, should be considered before placing trades.
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Bullwaves Leverage Trading
Leverage allows traders to control a larger position with a smaller amount of capital. At Bullwaves, leverage levels vary depending on the type of account chosen.
Leverage Limits by Account Type
Each account type comes with different leverage settings, influencing risk exposure and margin requirements. Below is a summary of the maximum leverage available:
Account Type | Maximum Leverage |
---|---|
Classic Account | 200x |
VIP Account | 400x |
Elite Account | 500x |
How Leverage Affects Trading
Using higher leverage amplifies both potential gains and losses. Below are key considerations:
- **Increases Market Exposure** – A small deposit controls a larger position.
- **Requires Margin Maintenance** – Traders must maintain sufficient funds to cover potential losses.
- **Higher Risk of Liquidation** – Greater leverage can lead to quick losses if the market moves against a position.
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Margin Requirements and Stop Out Levels
Bullwaves enforces margin requirements to ensure account stability. If a trader’s available margin drops too low, the broker may close positions to prevent further losses.
Account Type | Stop Out Level |
---|---|
Classic Account | 50% |
VIP Account | 35% |
Elite Account | 25% |
Managing Risk When Trading with Leverage
To reduce risks associated with leverage, traders should:
- Use **stop-loss orders** to limit potential losses.
- Maintain a sufficient margin balance to avoid forced liquidations.
- Avoid using full leverage capacity on every trade.
Start Trading with Bullwaves ↗
Bullwaves Minimum Deposit Requirement
Bullwaves requires different minimum deposits based on the type of account opened. These deposits determine the available trading conditions, such as leverage, spreads, and access to certain financial instruments.
Deposit Requirements by Account Type
Each account type has its own deposit threshold, as detailed below:
Account Type | Minimum Deposit |
---|---|
Classic Account | $250 |
VIP Account | $10,000 |
Elite Account | $50,000 |
Understanding the Differences
The required deposit amount impacts the trading experience in several ways:
- **Classic Account ($250)** – Suitable for those starting with smaller capital, offering standard trading conditions.
- **VIP Account ($10,000)** – Provides tighter spreads, increased leverage, and enhanced trading conditions.
- **Elite Account ($50,000)** – Designed for traders looking for the most competitive conditions, including lower spreads and higher leverage.
Payment Methods and Processing Time
Bullwaves allows deposits through several methods. Processing times vary based on the method chosen:
Deposit Method | Processing Time |
---|---|
Bank Transfer | 3-5 Business Days |
Credit/Debit Card | Instant to 24 Hours |
E-Wallets | Instant |
Additional Notes
- Deposits must be made in the account’s base currency to avoid conversion fees.
- Verification may be required before funds are credited to the trading account.
- Depositing a higher amount may qualify traders for lower trading costs and additional features.
Start Trading with Bullwaves ↗
Bullwaves Fund Withdrawal Procedure
Bullwaves provides multiple withdrawal methods, allowing traders to access their funds efficiently. Withdrawal times and fees depend on the selected method and the amount being transferred.
Available Withdrawal Methods
Traders can choose from the following withdrawal options:
Withdrawal Method | Processing Time |
---|---|
Bank Transfer | 3-5 Business Days |
Credit/Debit Card | 1-3 Business Days |
E-Wallets | Instant to 24 Hours |
Withdrawal Fees
Bullwaves charges withdrawal fees based on the amount being withdrawn. Transactions exceeding a specific threshold qualify for free withdrawals.
Withdrawal Method | Fee |
---|---|
Bank Transfer | Free above $100, otherwise $10 |
Credit/Debit Card | Free above $20, otherwise $10 |
Invest in Forex with Bullwaves
Steps to Withdraw Funds
To withdraw funds from a Bullwaves trading account, follow these steps:
- **Log into the Bullwaves client portal.**
- **Select the withdrawal option** and choose a preferred method.
- **Enter the withdrawal amount** and confirm the request.
- **Submit verification documents if required.**
- **Wait for processing** based on the chosen method.
Important Requirements
Before withdrawing funds, traders should be aware of the following:
- Funds can only be withdrawn to accounts in the trader’s name.
- Deposited funds must be used in trading before they can be withdrawn.
- Verification may be required before processing a withdrawal request.
- Withdrawals must be made using the same method as the initial deposit.
Request a Withdrawal from Bullwaves ↗
Bullwaves Bonus Promotions
Bullwaves occasionally provides promotional offers to traders, including deposit-based rewards and special incentives. These promotions may be available for a limited time and come with specific terms and conditions.
Current Bonus Offers
At present, Bullwaves does not have an active bonus program. However, in the past, the broker has introduced promotions such as:
- **100% Deposit Bonus** – Traders could receive a bonus equal to their deposit amount, up to a specified limit.
- **Trading Rebates** – Cashback on trades executed during a promotional period.
- **Exclusive Loyalty Rewards** – Bonus funds for active traders meeting volume requirements.
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Bonus Terms and Conditions
Traders who participate in promotional campaigns should be aware of the conditions that apply. These typically include:
- Bonus funds are for trading purposes only and may not be withdrawn directly.
- Traders must meet a specified trading volume to convert the bonus into withdrawable funds.
- Bonuses may expire if trading requirements are not met within the promotional period.
- Promotional offers cannot be combined with other bonuses.
How to Claim a Bonus
If Bullwaves launches a new promotional offer, traders can follow these steps to participate:
- Log into the **Bullwaves client portal**.
- Navigate to the **Promotions** section.
- Check for available **bonus offers** and read the terms.
- Make a qualifying **deposit** if required.
- Accept the **bonus terms** and activate the offer.
Upcoming Bonus Announcements
Bullwaves may introduce new promotions in the future. Traders can stay informed by:
- Checking the **official Bullwaves website** for announcements.
- Following **email notifications** and updates in the client portal.
- Reviewing **terms and conditions** before participating in any promotional offer.
Table of Contents
- Bullwaves Forex Broker Review: Trading Accounts, Platforms, and Regulations
- What is Bullwaves? What Kind of Forex Broker Is It?
- Bullwaves Company Overview and Corporate Information
- Bullwaves Financial License & Regulation
- Bullwaves' Cyprus Group Company
- Bullwaves Bonuses and Campaigns
- Bullwaves Trading Instruments
- Bullwaves Trading Tools (Trading Platform)
- Bullwaves Account Types
- Trading Environment, Conditions, and Rules for Bullwaves Classic Account
- Trading Environment, Conditions, and Rules for Bullwaves VIP Account
- Trading Environment, Conditions, and Rules for Bullwaves Elite Account
- Notes on Opening an Account with Bullwaves
- Copy Trading at Bullwaves
- Deposit and Withdrawal Methods at Bullwaves
- Bullwaves Prop Firm 'Bull Waves Prime'
- FAQs
- Steps to Open an Account with Bullwaves
- Required Documents for Account Verification
- Deposit and Withdrawal Methods
- Bullwaves Regulation and Licensing
- Bullwaves' International Presence
- Bullwaves' Proprietary Trading Firm
- How Bullwaves Compares with Other Regulated Brokers
- Security and Compliance Measures
- Bullwaves Spread Cost and Commission
- Bullwaves Leverage Trading
- Bullwaves Minimum Deposit Requirement
- Bullwaves Fund Withdrawal Procedure
- Bullwaves Bonus Promotions
Bullwaves Ratings And Reviews
Bullwaves's Rate
Bullwaves Company Profile
Bullwaves is a Seychelles-licensed forex broker offering MT5 trading, multiple account types, and a prop firm for traders.
Regulations & Licenses | |
---|---|
Company | BullWaves |
Founded | 2024 (1 year) |
Country Base | Seychelles |
Headquaters | Office No.Al9C, Providence Complex, Providence, Mahe, Seychelles |
Traders Rating | |
Supported Platforms | |
Maximum Leverage | 500:1 * |
Crypto-Currencies | Not Available |
Negative Balance | Offer Negative Balance Protection |
Deposit Methods | |
Withdrawal Methods |
Company Categories
Disclaimer about leverage:
Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.
Bullwaves FAQ
Everything you need to know about Bullwaves (BullWaves).
Bullwaves is a Seychelles-licensed forex broker that offers trading via the MetaTrader 5 platform across various account types such as Classic, VIP, and Elite. The registration process involves form completion, email verification, and KYC compliance. Clients can fund their accounts using methods like bank transfers,...
Bullwaves is a forex broker under Equitex Capital Limited, regulated by the Seychelles Financial Services Authority with offices in Italy, Cyprus, and Dubai. The company operates globally, offering various trading services via MetaTrader 5 with diverse account options to suit different traders. Despite not bei...
Bullwaves offers a comprehensive set of deposit and withdrawal options to facilitate easy transactions for traders, including bank wires, credit/debit cards, e-wallets, and cryptocurrencies. The minimum deposit requirements vary by account type, with the Classic account starting at $250, and the Elite account req...
Bullwaves, a regulated forex broker, occasionally offers bonus promotions such as a 100% deposit bonus, enhancing traders' initial investments. These promotions are not a constant feature but have included significant offers in the past, like doubling a trader's deposit up to a $2,000 limit. Traders need to me...
Bullwaves offers three account types, with the Elite Account being the premier choice for experienced and high-volume traders, providing the best trading conditions and lowest spreads. The Elite Account features high leverage up to 500:1, allowing for substantial market exposure with a minimal capital outlay. ...
Bullwaves is a Seychelles-based forex broker offering various account types, each with different costs and conditions, facilitated through the MetaTrader 5 platform. The broker has a tiered commission structure, with no commission on the Classic account, potential commissions on the VIP account, and competitive c...
Bullwaves offers leverage up to 500x, providing traders the ability to control large market positions with relatively small capital across different account types suited to various trader levels and strategies. Higher leverage carries lower margin requirements but increases risk, necessitating careful management ...
Bullwaves offers a straightforward withdrawal procedure with multiple options including bank wire, credit/debit cards, and online wallets, facilitating easy access to funds for traders globally. Withdrawals must be done using the same method as deposits up to the deposited amount; profits can be withdrawn using a...
Bullwaves, a Seychelles-licensed forex broker headquartered in Italy, provides a range of trading services on the MetaTrader 5 platform, catering to different levels of trader experience. The broker offers three account types—Classic, VIP, and Elite—with varying minimum deposit requirements of $250, $10,000, and ...
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