Battle Trade-Overview of Minimum Deposit, Leverage, Spreads

General Information

Incorporated in 2021, Battle Trade is an online forex broker registered in Dominic, offering diversified range of trading instruments, including Forex, Stocks, Commodities, Indices, and through its in-house trading platform. Investors have the flexibility to choose among Mini, Standard, and VIP accounts, with the minimum deposit to start with this broker reaching up to $5,00. Please note that this forex broker is not subject to any valid regulation.

Market Instruments

Battle Trade provides clients with access to various popular and mainstream financial markets.

Five classes of trading assets, including Forex Pairs, Indices, Commodities, Treasuries, Equities are all available through this brokerage platform.

Account Types

Three trading accounts are available on the Battle Trade platform, namely Mini, Standard, and VIP. The Mini account asks for a deposit of $500 per month, with limited trading assets tradable, limited expert assistance, no trading signals. The Standard account requires a deposit of

$3,000 per month, and traders who want to try out the VIP account need to fund at least $10,000 per month.

The minimum deposit requirement is strict on the Battle Trade platform, much higher than its competitors account-opening amounts. Please be aware of the risk.

How to open an account with Battle Trade？

Both live and demo account can be opened easily with the Battle Trade platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below:

1. Click on the “Sign up” link on the homepage of the Battle Trade website.

2. Fill in some required details and upload your personal document for verification.

3. After approval, your account will be registered successfully.

4. Fund your account and start to trade on this platform.

Leverage

With the Battle Trade platform, the maximum trading leverage that traders can use is up to 1:100, higher than levels considered appropriate for retail traders by many regulatory authorities.

Please note that high leverage is not always the good thing, as it may increase your profits, but more importantly, it can cause serious fund losses, especially to inexperienced traders.

Spreads & Commissions

As for spreads and commissions, Battle Trade is vague on information about this part, which is quite weird.

Trading Platform

Battle Trade offers its clients a proprietary trading platform, available on PC and Mobile. Battle Trade says its web trading platform is simple and easy to use and the Battle Trader app is ideal for the IOS operating system. The Mobile version of the terminal has some basic functionalities.

However, the absence of industry-leading MT4 or MT5 trading platform is a big pity anyway.

Customer Support

The Battle Trade official website is available in five languages: English, Russian, Spanish, German, Italian.This forex broker, however, leaves no contact information for its clients, leaving them helpless in the event of a problem.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.