Good selection of different accounts is something that every trader loves to see. BSTmarkets review noted how this forex broker offers several interesting accounts.
BSTmarkets Demo Account
Demo account is always good news as it allows traders to learn more about forex trading and experience platform before making a real deposit.
Demo account is completely free, and traders can use it after quick signup. However, this doesn’t mean that you can make deposit immediately, as every account has to be reviewed and approved. Demo account can be accessed without approval, but real trading account need the required approval sign.
On the BSTmarkets demo account, traders can experience how forex trading looks like without risking any real money, as all trades placed are virtual. This also means that loses and profits are virtual as well. The demo account comes with $100,000 in virtual money.
Besides the demo account there are also 4 other account types available.
BSTmarkets Mini Account
This account is available only after $500 deposit, which is an amount that can be considered to be somewhat high, especially for traders without significant funds. You get floating spreads and up 1:50 leverage. Minimum trade value is 0.01 and there is negative balance protection offered as well.
BSTmarkets Standard Account
This account type costs at least $5,001 in minimum deposit, and comes with all benefits of the Mini account. Traders can also get personal trading trainer and SMS signal alerts which is always convenient. Traders can use those signals or not, but they are included in the price.
BSTmarkets Gold Account
This prestigious BSTmarkets account comes with an expensive price tag: $10,001 minimum deposit. In addition to all benefits of Gold Account, there is also an additional set of features like VIP support.
BSTmarkets Platinum Account
BSTmarkets Platinum account is the most expensive account offered. In order to reach Platinum status, traders must make a deposit in the amount of at least $15,001. Due to a higher price, it can be presumed how this account targets professional and financially more independent traders.
Minimum order with this forex broker is 0.1. BSTmarkets minimum deposit is $5.