As most modern brokers, AlphabetBroker understands that not all traders are created the same. AlphabetBroker review noticed how there are several trading accounts offered, and each of them has a specific set of perks and benefits. Of course, the more advanced and generous the account, the more expensive it is.
Basic Account
Asks for $250 minimum deposit which is the average amount in the binary industry. Traders who opt for this account get something called trading credit up to 25%. No other benefits are offered.
Standard Account
This account type costs $1000 in minimum deposit but also mentions minimum trade in the amount of $1000. This is somewhat unusual and we believe it is an honest mistake, as this means that only one trade can be executed with each deposit. Traders get the trading credit up to 50%, weekly market updates, and choice of 2 asset classes.
Extended Account
AlphabetBroker review found out how this account requires $5,000 minimum deposit. Traders get a trading credit up to 75%, as well as daily market updates 3 asset classes and assistance of an account manager.
VIP Account
AlphabetBroker VIP account will cost you $10,000 in a minimum deposit, but will also assure you the trading credit up to 100%. Traders will receive daily market updates, four asset classes, the assistance of a senior trader and special strategies.
It can only be presumed that the trading credits mentioned above are some kind of bonus. Unfortunately, no bonus terms and conditions were found on the website, so make sure to understand them and have them in written before accepting any sort of bonus or promotion.
AlphabetBroker had no demo account during the writing of this review. This can be considered a disadvantage as binary options demo accounts are always welcome and traders prefer them in order to get a chance to test the platform properly.