Eurotrader has tried to create a number of trading accounts that will suit all types of brokers. Of course, there are cheaper ones, meant for beginners, and more expensive ones, created with more experienced traders in mind. During writing of Eurotrader review this broker was offering 4 different accounts.
Micro account
- Minimum deposit $300
- Up to 50% welcome bonus
- Basic educational video
- Daily market reviews, video tutorials etc.
Silver Account
- Minimum deposit $1000.1
- Up to 100% welcome bonus
- Personal financial analyst
- Videos on 2 trading strategies
- Benefits of Micro Account
Gold Account
- Minimum deposit $5000.1
- Up to 120% welcome bonus
- Individual review of trading account with personal analyst (30 minutes, once a week)
- Priority withdrawals
- Benefits of Silver Account
VIP Account
- Minimum Deposit $25000.1
- Up to 120% welcome bonus
- Help in developing a personal trading strategy
- Education in 4 trading strategies
- Quarterly trading plan
- Benefits of Gold Account
As it can be seen in the list above, this broker provides generous bonuses. Unfortunately, during the review, FBO team was unable to find any T&C regarding bonuses. This could be seen as a concerning sign, as every bonus requires a certain turnover in order to be withdrawn. Lack of terms and conditions should be fixed immediately.
During Eurotrader review was noted how they offer insurance for risk-free trading for PRO and VIP trader. Unfortunately, we couldn’t find any details on PRO account listed, so it remains a mystery. When it comes to insurance, same T&C apply as for bonuses, but unfortunately, T&C regarding bonuses are not listed on the website. After further investigation, it was found out how bonus conditions are introduced only to traders with open accounts. Still, it would be much better if users were introduced to them before depositing.