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Viber A VIP account is a type of trading account that is offered by many forex brokers. Well, the answer differs depending on the broker, but one thing is for sure — a VIP account is usually the best account offered by a broker and thus requires the largest deposit they ask for. Many brokers offer at least one or more accounts that ask for a smaller, more reasonable deposit.

Still, you might aspire to become a successful high-roller trader one day that can afford to open a VIP account. Most brokers offer special discounts to VIP account holders — oftentimes, spreads start from pip s and commissions are low. The best trading conditions are often reserved for these clients alone.

Additional perks are often provided to VIP clients. A Forex broker like BFOREX provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers. Retail currency traders in turn use these broker companies to gain access to the hour currency market for speculation purposes. Forex broker services can also be provided for institutional clients and large companies such as investment banks.

BFOREX does not have a very transparent company structure and its website is not clear on where the company is actually domiciled. They claim expertise in providing Forex traders with excellent execution speed, 24 hour assistance with professional analysts, tight spreads, superior exchange rates, commission-free trading and a web-based trading platform which makes download unnecessary.

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