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Berthar Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-12-09 18:36

Abstract:Berthar Holding Limited was incorporated on 28-OCT-2019 as a Private company limited by shares registered in Hong Kong. Berthar advertises that it offers rich financial instruments, low spreads as well as advanced platform. However, Berthar is not subject to any regulation.

  General Information

  Berthar Holding Limited was incorporated on 28-OCT-2019 as a Private company limited by shares registered in Hong Kong. Berthar advertises that it offers rich financial instruments, low spreads as well as advanced platform. However, Berthar is not subject to any regulation.

  Markets Instruments

  Tradable instruments available on the Berthar platform include forex currency pairs, precious metals, indices, options and energy.

  Minimum Deposit

  The minimum initial deposit required by Berthar is as low as $100, which is quite low.

  Demo Accounts

  Berthar has free forex demo trading accounts with $10,000 in virtual trading funds. These accounts can be a good way to familiarise yourself with the trading platforms and also to practice your trading strategies.

  Leverage

  Berthars trading platform offers the leverage up to 1:100. Some people may think it is a little conservative, inexperienced traders are not advised to use high trading leverage.

  Micro Trade Size

  The minimum trade size allowed by Berhar is 0.05 lot.

  Spreads & Commissions

  Berthar has fixed spreads from 1 pip for major FX currency pairs and charges no commission. This does mean that spreads are marked up and likely to be higher than they would be at an ECN broker the majority of the time. Although the spreads are fixed, during low-liquidity period (Example: News releases, Major economic events, Asia Session, etc), slippage may occur.

  Trading Platform Available

  Berthar offer trading anywhere anytime with the popular MetaTrader platforms-MT5, available for desktop, web and mobile devices (iOS & Android).

  Deposit& Withdrawal

  The minimum deposit is CNY 600. Berthar support some online payment processors, but not credit card. Withdrawal amount under 50 USD , $3 will be deducted from total amount.

  Customer Support

  Berthar provides customer support via online chat, telephone and email: support@berthar.com.

  .

Related broker

Not Regulated
Berthar
Company name:Berthars Limited
Score
1.50
Website:http://en.berthars.com/index.html
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.50

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