TradEmpire-Overview of Minimum Deposit, Spreads & Leverage

General Information

TradEmpire is an online forex brokerage registered in Saint Vincent and the Grenadines, offering both retail and institutional clients access to an array of trading instruments, including Forex Exchange, Indices, Commodities and Metals. TradEmpire says it offers 5 x 24 customer support, user-friendly platform.

Market Instruments

With TradEmpire, a series of mainstream trading assets including forex currency pairs, indices, commodities and metals are all available through this brokerage platform.

Account Types

Four trading accounts are available with TradEmpire, including Micro account, Standard account, Professional account as well as Swap-free account. Micro accounts are suitable for beginners, with minimum initial deposit of $100. The Standard account are suitable for all types of traders, requiring an initial capital from $1,000 and Professional accounts are ideal for professional and well-seasoned traders, with minimum initial deposit of $10,000. Lastly, the Swap-free account is designed for Muslim traders, and requires them to fund at least $100.

Besides, the minimum lot size is 0.01 lot and the maximum lot size is 100 lot.

Leverage

TradEmpire gives its clients flexible leverage options, from 1:100 to 1:400 (up on request). Since leverage can magnify gains as well as losses, it is essential that traders select the proper amount that they feel most ease with.

Spreads & Commissions

Spreads and commissions are determined by trading accounts. Basically, the more account balance you hold, the more competitive spreads you can get. Micro accounts, Standard accounts and Swap-free accounts offer a zero-commission trading environment, with spreads from 1.0 pip, 0.8 pips, 1.2 pips, respectively. Professional account holders can get spreads from 0.0 pips, with a commission of 6 USD.

Trading Platform Available

TradEmpire allows its clients access to the leading MT5 trading platform, which can be accessed on any device. The MetaTrader5 platform is suitable for your skill level and trading approach, regardless of whether you are an experienced trader or just starting out. The platform provides users with sophisticated tools for technical analysis, automatic trading capabilities (EAs), and mobile applications, all of which are utilized by millions of traders all over the world. Traders are also able to examine their orders, trades, account details, and keep up to date with the most recent market conditions.

Trading Tools

Aside from MT5 trading platform, TradEmpire also offers some trading tools including currency converter, Economic Calendar, Pivot oint Calendar, Stop Loss Limit, Fibonacci Calculator, as well as CFD Profit/Loss Calculator to help traders quickly acquaint themselves with forex and CFD trading.

Customer Support

TradEmpires customer support is available 24/5, from Monday to Friday, and they can be reached through the following channels:

Email: support@tradempire.com

Contact Form (filling out required details, waiting to be connected)

Besides, you can also follow this brokerage on some popular social media platforms, including Facebook, Youtube, and Instagram.