Types Of Accounts In Milliva
Milliva the best forex broker in India provides various accounts with Advanced Trading Platform-MT5. Every type of account offered by Milliva is a global trading tool that enables you to work in international financial markets. A minimum deposit of 100$ and a zero fee policy for traders to open different forex accounts, including standard, ECN, ELITE, and PREMIUM accounts. Our traders’ interests are always our top priority at Milliva. To provide you with a good trading environment, we won’t charge your bank account/credit card fees.
MT5:
MT5 is a powerful trading platform that offers advanced features for financial markets. It allows users to trade various assets, access real-time market data, use technical analysis tools, and automate trading strategies. With enhanced capabilities and a user-friendly interface, MT5 is a popular choice among traders worldwide.
Spread:
Spread refers to the difference between the bid and ask prices of a financial instrument. It represents the cost of trading and is typically measured in pips. A narrower spread indicates lower trading costs, while a wider spread implies higher costs, influencing the profitability and liquidity of a market.
Trading Lot Size:
Trading lot size refers to the standardized quantity of a financial instrument that is bought or sold in a single transaction. It determines the exposure and risk of a trade. Lot sizes vary across different markets, with larger lots representing higher trade volumes and potentially greater profits or losses.
Leverage:
Leverage is a financial tool that allows traders to control larger positions in the market with a smaller amount of capital. It magnifies potential profits and losses by multiplying the trader’s exposure. While leverage can increase gains, it also carries higher risk and requires careful risk management to avoid significant losses.
Types of Accounts:
Milliva provides 4 types of Accounts such as Standard, Elite, ECN, and Premium. Let us discuss every account in detail.
Standard Account:
Specifications | Standard Account |
Trading Platform | MT5 |
Spread | From 2 pips |
Minimum deposit | $100 |
Trading Lot size | 0.01-100Lots |
Maximum leverage | Upto 1:500 |
Execution | STP/ECN |
Swap Charges | NO |
Margin call | 50% |
Stop out level | 30% |
Personal account Manager | NO |
Account currency | USD |
Commission for forex pairs | NO |
Open Account |
The Best forex broker in India provides standard account with zero swap charges and zero commission for forex pairs.
Elite Account:
Specifications | Elite Account |
Trading Platform | MT5 |
Spread | From 3 pips |
Minimum deposit | $500 |
Trading Lot size | 0.01-100Lots |
Maximum leverage | Upto 1:500 |
Execution | STP/ECN |
Swap Charges | NO |
Margin call | 50% |
Stop out level | 30% |
Personal account Manager | NO |
Account currency | USD |
Commission for forex pairs | NO |
Open Account |
The Best forex broker in India provides Elite account with zero swap charges and zero commission for forex pairs.
ECN Account:
Specifications | Elite Account |
Trading Platform | MT5 |
Spread | From 0 pips |
Minimum deposit | $1000 |
Trading Lot size | 0.01-100Lots |
Maximum leverage | Upto 1:500 |
Execution | STP/ECN |
Swap Charges | NO |
Margin call | 50% |
Stop out level | 30% |
Personal account Manager | Yes |
Account currency | USD |
Commission for forex pairs | $8 |
Open Account |
The Best forex broker in India provides Elite account with zero swap charges.
Premium Account:
Specifications | Elite Account |
Trading Platform | MT5 |
Spread | From 0 pips |
Minimum deposit | $10000 |
Trading Lot size | 0.01-100Lots |
Maximum leverage | Upto 1:500 |
Execution | STP/ECN |
Swap Charges | NO |
Margin call | 50% |
Stop out level | 30% |
Personal account Manager | Yes |
Account currency | USD |
Commission for forex pairs | $5 |
Open Account |
The Best forex broker in India provides Elite account with zero swap charges.
We also provide Demo Account for users, with free deposit amount of 10000 and leverage upto 1:500. To register in the Demo Account, click the below Register Button and learn using our demo Account.
Visit us at: www.milliva.com