Blink Trade -Overview of Minimum Deposit, Leverage, Spreads
Abstract：Blink Trade is allegedly a broker incorporated and based in St. Vincent and the Grenadines that provides its clients with the industry-standard MetaTrader5 platform, variable spreads on a variety of tradable assets, a choice of two different account types, as well as copy trading, MAMM and PAMM services.
General Information
Blink Trade is allegedly a broker incorporated and based in St. Vincent and the Grenadines that provides its clients with the industry-standard MetaTrader5 platform, variable spreads on a variety of tradable assets, a choice of two different account types, as well as copy trading, MAMM and PAMM services.
Market Instruments
Blink Trade advertises that it mainly offers five different asset classes in financial markets, including indices, stocks, forex, commodities and cryptocurrencies.
Account Types
There are two live trading accounts offered by Blink Trade, apart from demo accounts, namely Standard and Premium. Opening a Standard account requires the minimum initial deposit amount of €/$200, while the Premium account with a minimum initial capital requirement of €/$5000.
Spreads & Commissions
Spreads and commissions are influenced by what type of accounts traders are holding. Blink Trade reveals that the spread on the Standard account is 1 pip plus interbank spread with no commission, while the clients on the Premium account experience Interbank spread with a commission of 0.05 dollar R/T per micro lot (0.01).
Trading Platform Available
When it comes to trading platforms available,Blink Trade gives traders the worlds most trusted and popular MetaTrader5 platform for PC (Windows, Mac) and mobile (Android, iOS) terminals, as well as a WebTrader. MT5 is known as one of the most successful, efficient, and competent forex trading software, allowing traders to execute trades on different financial markets through a single account and there is a hedging option. While with the MT5 mobile app, trading can be done from anywhere and at any time through the right mobile terminals.
Deposit & Withdrawal
Blink Trade accepts deposits and withdrawals with bank transfers, credit/debit cards like Visa, Maestro and Mastercard and cryptocurrencies. The minimum deposit requirement is €/$200. Funds are withdrawn through the same payment method and transferred to the same account used for the deposit. Also, withdrawal requests are subject to a withdrawal processing fee, yet nothing more detailed is involved. As for the processing time of withdrawal requests, it usually takes up to ten business days for the funds to appear on your account.
Customer Support
Blink Trade‘s customer support can be reached through telephone: +44 2045383522, email: info@blinktrades.com, live chat or send messages online to get in touch. However, this broker doesn’t disclose other more direct contact information like company address while most brokers offer.
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