DtreX-Overview of Minimum Deposit, Leverage, Spreads

General Information

DtreX is allegedly a broker based in Saint Vincent and the Grenadines that provides its clients with the worlds renowned MetaTrader5 platform, leverage up to 1:500, floating spreads on over 700 tradable assets, as well as a choice of four different account types.

Market Instruments

DtreX advertises that it offers more than 700 trading instruments in financial markets, including forex pairs, commodities, indices, precious metals, stocks and cryptocurrencies.

Account Types

There are four live trading accounts offered by DtreX, namely Standard, Swap Free, Pro and ECN. There is no minimum deposit for the Standard and Swap Free account. Opening a Pro account requires the minimum initial deposit amount of $5,000, while the other ECN account with the minimum initial capital requirement of $10,000.

Leverage

Traders holding different account types can experience quite different maximum leverage ratios. Clients on the Standard or Swap Free account can experience a leverage as high as 1:200, while the Pro account can enjoy the maximum leverage up to 1:500 and the ECN account with the leverage of 1:100. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

Spreads are influenced by what type of accounts traders are holding. DtreX reveals that the spreads in the Standard, Swap Free or Pro account start from 0.1 pips, while the clients on the ECN account enjoy spreads from 0 pips.

Trading Platform Available

When it comes to trading platforms available,DtreX gives traders the worlds most widely-used MetaTrader5 platform. MT5 is known as one of the most successful, efficient, and competent forex trading software, featuring technical indicators, a larger number of graphical objects, increased time frames, Expert Advisors, charting tools, pending orders, an economic calendar, and more.

Deposit & Withdrawal

DtreX says to accept deposits via credit/debit cards such as VISA and MasterCard (2.5% to 4% fee), wire transfer, cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple and USD Tether, Yandex (5% charge), QIWI (5% fee), and WebMoney (2.5%+ 0.8% fee, max $50). While withdrawals can be processed through the same methods, with the addition of Perfect Money. The bank fee is $50, credit/debit card withdrawals are charged a 1.2% to 2.5% commission, Yandex and QIWI payments are charged by 3%, PerfectMoney withdrawals are charged by 2% and WebMoney has a 0.8 fee to them ($50 max). However, we have no way to confirm if these payment methods are all available.

Customer Support

DtreX‘s customer support can be reached by telephone: 441340202062, email: support@dtrex.com. However, this broker doesn’t disclose other more direct contact information like company address while most brokers offer.