Nowadays, when new brokers are emerging every day, brokers must create attractive accounts with numerous benefits. TradesCapital review discovered how this broker has four account types ranging from $500 to $50,000.
However, when FBO team reached to customer support to ask what is the minimum account to open an account, the operator explained how account can be opened with $250. When asked what is the correct, it was explained that plain trading account can be acquired by depositing $250, however, all details on that account are provided exclusively by account manager.
- Minimum deposit – $500
- Daily and weekly market review
- Demo account
- Account manager
- One-on-one trading lesson
- Minimum deposit – $5,000
- Benefits of ProTrader Account
- Trading insurance
- 100% initial bonus
- Signals and auto trading
- VIP platform
VIP Managed Account
- Minimum deposit – $10,000
- Benefits of AutoTrader account
- Trade verification
- Money management training
- Personal broker analyst
- 24/7 broker availability
- Technical/fundamental strategy
Executive VIP Account
- Minimum deposit – $50,000
- Benefits of VIP Managed account
- Corporate account
- Fund insurance and protection
- 150% initial bonus
- Personal debit card tied to account
All accounts, except the first account type, offer either 100% or 150% bonus upon initial deposit. The required turnover for every $1 of bonus is 30x. This can be considered the industry average, but still – bonus terms are very vague, so traders should check with customer support to have all necessary information before accepting the bonus.
Demo account is available for traders who make a minimum deposit in the amount of $250. Good news is that demo has no expiry date, and traders can test their strategies as long as they like.