TradeVolt-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2021-05-10 17:58

Abstract：TradeVolt is an offshore registered stock and options dealer founded in 2020 and claims to be owned and operated by Sixteen SecuritiesSecurities, lnc. Sixteen Securities holds a retail forex license from the Securities Commission of the Bahamas SCB (license number: SIA-F205) and an Australian ASIC's general business registration license (license number: 628 891 190).

General Information & Regulation

TradeVolt is an offshore registered stock and options dealer founded in 2020 and claims to be owned and operated by Sixteen SecuritiesSecurities, lnc, which is not subject to any regulation at this stage.

Market Instruments

TradeVolt provides investors with financial products such as stocks and options. Additionally, TradeVolt offers other trading services for financial products.

Minimum Deposit

TradeVolt offers two different trading accounts for investors: ActiveWeb account and Pro account. A minimum deposit of $500 is required to open a new account.

Leverage

Leverage differs depending on different period. The maximum leverage for intraday on the TradeVolt platform is 6:1, while the maximum leverage for overnight is 2:1.

Spreads & Commissions

Commissions for TradeVolt Pro accounts start at $3.95 per trade or $0.95 per trade for higher-volume traders. Moreover, traders with Pro accounts pay a monthly fee of $125.

Trading Platform

TradeVolt offers traders what is known as the Das Trader trading platform, a desktop trading application that provides traders with a demo account, access to the web-based mobile trading application only after account verification is completed, and the creation of multiple demo accounts to practice trading platforms and trading strategies.

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