I'm raising money for a cause I care about, but I need your help to reach my goal! Please become a supporter to follow my progress and share with your friends.
Before you start trading, you should select the optimal trading conditions. Brokers have different variants; the trader chooses the most suitable one for himself. The wider the choice is, the more convenient it is for customers; everyone finds the personal best solution. Esperio Broker offers four different types of accounts, each with its specific audience and features. Let's look at each account and describe typical situations for choosing a particular type.
It is the easiest and most affordable trading account with Esperio Forex. It is perfect for people just starting their journey in the market. We note the main features:
It is the most common account, which is perfect for getting to know a broker. Standard accounts allow you to operate with both small and large deposits. Small minimum order size and a step make it possible to implement any grid strategies.
An account type created to work with very small orders, compared to regular accounts in Esperio Broker, the size is reduced by 100 times. Distinctive features of the account:
As we can notice, the fees for the Esperio Forex cent account are higher than for the standard one. At the same time, the threshold for entering the market is significantly reduced; you may work with a few dollars. Usually, cent accounts are used to familiarize yourself with trading conditions or test some strategy.
A trading account was created for investors. It differs because clients are not offered leverage; trading is carried out exclusively with their funds. It limits the income potential, but, at the same time, minimizes the risks. Many Esperio Forex reviews note the high interest of investors in this account; the main reason is the huge number of stock sector trading instruments, which are presented in a familiar and well-studied platform. Simply put, investors prefer to work with stocks in Metatrader instead of registering with ordinary stock brokers with their inconvenient software.
For those who trade actively and pay attention to costs, MT5 ECN is the most suitable. It is a classic ECN account, characterized by fast execution of trading orders and fairly low prices. We note the main features:
Experienced clients of Esperio Broker often choose this type of account. A large deposit and active trading entail high costs, and traders tend to reduce them. Instant order execution and a large selection of trading instruments make MT5 ECN a great choice.
Each account, as mentioned earlier, has its characteristics. The trader must initially decide how he plans to trade and what strategies to use. Let's note the key factors denoting which it is easy to make a choice:
The combination of these factors determines which type of account should be chosen. Esperio Forex offers a good selection; different types allow you to reach a wide audience. Traders with significant capital often register several accounts at once, each used for its intended purpose. Esperio Broker reviews confirm this; MT5 ECN and Invest are the most popular.
Can’t donate? Please share. Even a quick share on Facebook can help.
The average share raises $97.