At trading-point we allow options for 3 different types of forex trading accounts offering competitive spreads as low as 1 pip and flexible leverage up to 1:500 therefore meeting the prerequisites and the needs of each particular type of trader based on his expertise, his needs, his budget and the currencies he is interested in trading.
Each type of forex trading Account varies in various terms ranging from the minimum initial amount of deposit and the maximum amount of initial deposit. All the types of forex trading accounts accounts offered allow traders to enjoy all the features of forex trading with no limitations. Its important to understand that traders that select to trade with the MT4 enjoy full and unlimited access to the MT4 (Metatrader) Platform which includes full options to use the charting software, the technical indicators and the automated trading features. All forex trading account holders are can ask to receive assistance by email, telephone using the call back feature and by direct live chat.
Our overall goal as a leading forex broker is to be in the position to offer the most narrow spreads possible with brokers offering the most instant and quality execution policy available to enhance our forex traders to make their trades sharper and of course much more profitable with the variety of forex trading accounts on offer.
Forex Trading Managed Accounts
A forex managed account is a portfolio of securities owned directly by you and managed at the discretion of a professional fund manager. The fund manager is given a limited power of attorney to trade the account and deduct management fees. Managed accounts minimize operational risks and disadvantages of investing in hedge funds and other pooled investments, such as illiquidity (due to long lock-up periods), a lack of regulation and a lack of transparency.
Forex Trading Islamic Accounts
Trading Point offers you the ability to maintain Swap Free / Islamic trading Accounts whereby no interest will be charged or incurred on positions held overnight. Our Islamic Account program is in compliance with the Shariah Law. Forex Islamic accounts are called Shariah forex accounts to indicate that they are in compliance with the Islamic religious beliefs. According to the Islamic religion, any business transactions, in which one of the parties has to pay or receive some interest from another party, are forbidden.
Forex Trading Bonus
New real forex trading accounts at Trading Point benefit from a 20% free Bonus on first deposit as a welcome from our team. The forex bonus may be used for trading purposes and is credited to new accounts within 24 hours from the time of first deposit.
By making a new deposit you qualify to receive your free bonus. The bonus will amount to $2 for every Standard Lot (= 10 mini lots = 100 micro lots) you execute during the period of 30 days following the deposit. The bonus will be credited to your account on the 1st day of the following month and can be used for trading.
You have the right to withdraw funds from your account at any point in time. To make a withdrawal from your account please login to “My Account” and click on the “Withdrawals” button. You will be presented with a variety of withdrawal options. Please choose your preferred method of withdrawing funds and insert the amount to withdraw. Kindly note that in order to withdraw funds from your account, Trading Point must have first received the necessary Identification documents inclusive of Proof of Identity documentation and Proof of Residency documentation.
To make a deposit to your forex account please login to My Account and select “Deposit” from the menu. You will be presented with a variety of payment options. Please choose your preferred method of depositing and complete all necesary steps. Kindly note that in order to transfer any funds you must first have applied for a Real Account. Trading Point does not accept any payments or deposits from a third party. Any funds received from third party accounts will be returned immediately. Our objective is to make your account funding as convenient as possible. We therefore offer you alternative payment options for depositing funds into your account.