Picasso Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-05-09 19:49

Abstract：Picasso presents itself as a Saint Vincent and the Grenadines-based broker that provides its clients with different kinds of trading assets. It also claims that it offers up to 500:1 leverage, over low spreads, as well as the customized Top ECN account.

　　General Information

　　Picasso presents itself as a Saint Vincent and the Grenadines-based broker that provides its clients with different kinds of trading assets. It also claims that it offers up to 500:1 leverage, over low spreads, as well as the customized Top ECN account.

　　Account Types

　　There are one trading account offered by Picasso, namely Top ECN. The minimum initial deposit to start a Top ECN account is $100, aligning with most brokers' requirements.

　　Leverage

　　In terms of trading leverage, the maximum level offered by Picasso is quite generous, up to 500:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

　　Spreads & Commissions

　　The minimum spread of the Top ECN is 0 pips. More other specific information about spreads and commissions are not involved directly on Picassos website at the time of writing this review.

　　Customer Support

　　Picassos customer support can be reached through email: cs@picasso.top, website: www.fx.top.