This PipTrade review conducted by the expert team of Forextrading.biz for those investors want to open account with PipTrade broker. As before mentioned, HYCM or Henyep Capital Markets UK Ltd has associates in 20 countries on three continents around the world.
PIPTrade Review By ForexTrading.biz
This influential financial firm has many company affiliations, counting Henyep Group Dubai, Henyep Capital Markets Dubai, Henyep Dubai, HY Markets UAE, HY Markets and HYCM. The worldwide firm upholds a website that provides several platforms for use in trading a varied range of financial assets in manifold marketplaces around the globe.
Features
The long term accomplishment of HY Markets and its exclusive trading platform Prime Trader allow it to create additional technically advanced web based trading platforms like Pip Trade, which provides traders a variety of valuable tools for trading the complete range of assets provided by Henyep Capital Markets.
PipTrade features a progressive package of user friendly trading tools that permit completely automated one click trading and comprise real time news feeds, online tradable prices, market analyses, graphing tools and effective charting and more.
Pip Trade delivers traders all the tools they essential to research, track and formulate trading activities in a variety of financial marketplaces around the globe.
Account Types
Investors can select to open different types of trading accounts with PipTrade which are Standard, Mini, Premium, Islamic Accounts and Demo Accounts.
Standard Accounts
At PipTrade the Standard Account is perfect for regular traders who aren’t newbies but also are not expert traders. Standard Accounts need a minimum deposit of 750 dollars and provide spreads as low as 1.8 pips and leverage of 1:200.
Mini Accounts
Mini Accounts are ideal for investors or newbies who don’t want to trade in high volumes and can be opened with the lowest deposit of 50 dollars and offers spreads as low as 1.8 pips and maximum leverage of 1:200.
Premium Accounts
Premium Accounts are intended for more experienced and advanced traders who are ready to trade in higher volumes. This type of Accounts can be opened with the lowest deposit of 2,500 dollars and VIP Customer Services are providing for traders who maintain account balances as a minimum 5,000 USD dollars.
Islamic Accounts
PipTrade provides Standard and Mini Accounts to Islamic traders who don’t want to receive interest on their investments for religious reasons. This type of accounts are swap-free and the spreads presented are a little greater.
Bonus
The broker provides welcome bonus for its clients, For more information about bonus visit “ForexSQ” PIPTrade Review page.
PipTrade Demo Account
Demo Accounts are actually valuable tools for novice and experienced traders like to research markets and assets, express trading strategies and practice trading assets in a practical scenario. PipTrade provides Demo Accounts with minimum initial deposits of 50 dollars and offers virtual funds for practicing trading a variety of assets in a number of international financial markets.
You can open free demo account by visiting “TopForexBrokers.com” PIPTrade review page.
Trading Platforms
PipTrade permits depositors to use several trading platforms for conducting numerous trades that comprise its own proprietary PipTrade Webtrader, the actually popular mobile platforms and MT4 platform for numerous handheld electronic devices.
Commissions and Spreads
In accordance with the forex industry standard, PipTrade does not charge any fees or commissions on trades conducted using its platform. Pip Trade obtains payment through numerous spreads that are offered on assets traded on the stage.
PipTrade provides fixed spreads of 1.8 pips for the prevalent EUR/USD currency pair but for Islamic Accounts the spread provided is 2.8 pips on the EUR/USD pair.
Leverage
Maximum leverage provided by PipTrade is 300:1 and rates differ depending on the assets being traded. Traders should keep in mind that leverage is borrowed money used to conduct trading actions that can significantly increase losses as simply as it can multiple gains. Extreme attention should be exercised while trading leveraged assets.
Deposits and Withdrawals
Customers using the platform of Pip Trades can make deposits and withdrawals to and from their trading accounts by means of major debit and credit cards, as well as Skrill, wire transfers, Moneybookers, WebMoney, PayPal and Liberty Reserve. Not any fees are earned for account deposits. Withdrawals are managed using the similar means and require observance to strict identification standards imposed by the worldwide financial community.
Customer Service
PipTrade provides quality bilingual customer support services 24/5 Monday to Friday between the times of 5:00 am and 6:00 pm (GMT). Customer support service can be accessed through online live chat, telephone or email.
Conclusion
The expert investors and traders at our team feel the PipTrade trading platform provides the necessary tools for conducting and researching trades in a variety of international marketplaces.
Being part of the great Henyep Capital Markets Group, PipTrade is a well regulated broker that delivers a reliable and safe means of accessing asset, trading accounts and market research and leading trades using a variety of trading platforms. HY Markets is capable to provide its customers a wide range of assets because of the large network and long popular history of the Henyep Group and is one of the utmost successful financial brokerages in the globe. If you like this PipTrade review conducted by www.Forextrading.biz then share it on social media networks please.