All Share (J203) = 89 898
Rand / Dollar = 18.22
Rand / Pound = 23.58
Rand / Euro = 19.64
Gold (usd/oz) = 3 083
Platinum (usd/oz) = 988.31
Brent (usd/barrel) = 73.28
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

House of Borse Account Types

House of Borse - Account Types Banner
 

House of Borse offers three different levels of account – Silver, Gold and Platinum. All their accounts  have leverage Up To 100:1.

 

✅ Silver Trader✅ Gold Trader✅ Platinum Trader
For users trading less than 100 million per month.For users trading up to one yard per month.For users trading more than one yard per month.
$4 commission per side per USD 100K Traded.$3.5 commission per side per USD 100K Traded.$3 commission per side per USD 100K Traded.

 

Min Deposit

USD 5000

Regulators

FCA

Trading Platform

MT4, MT5, FIX API

Crypto

No

Total Pairs

60

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

👉 Choose your quick section of our House of Borse Account Types below.

 

House of Borse Account types – 9 key points quick overview:

  1. ✔️Overview
  2. ✔️House of Borse at a glance
  3. ✔️House of Borse Account Types
  4. House of Borse Account Features
  5. House of Borse Demo Account
  6. House of Borse Islamic Account
  7. House of Borse Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

👉 Here is an overview of the House of Borse Account types as well as the treading features and benefits offered for each account.

 

Overview

House of Borse

 

👉 House of Borse is an international financial services firm that is authorized and regulated by the Financial Conduct Authority, under Firm Reference Number (FRN) 631382.

 

👉 Through House of Borse, and the globally renowned MetaTrader 4 platform, clients can trade a wide variety of markets, including foreign exchange, commodities, and indices 24/ 5.

 

👉 House of Borse operates under the ECN/DMA trading model. This means that the broker does not take any risk and all client trades are passed straight through to the market, and there is no conflict of interest.

 

👉 As such, House of Borse connects traders directly to the Interbank Market, and uses aggregated prices from multiple liquidity providers, including tier 1 banks, to provide the best possible prices to its clients.

 

👉 As a result, in just a brief time House of Borse has managed to establish itself as a leading financial firm that is recognized for its solid reputation, transparency and stability at a time of unprecedented uncertainty in the financial services sector.

 

👉 House of Borse provides direct market access to a wide range of Tier 1 liquidity providers, including banks, non-banks, MTFs and ECNs. The broker’s aggregation of these liquidity providers helps ensure deep market liquidity, fast execution, and tight spreads across its quoted markets.

 

👉 Overall, House of Borse has established itself as the ideal trading partner for the discerning investor who seeks competitive pricing and deep liquidity in the online trading space.

 

👉 To this end, the broker works to provide its clients with the best possible experience in all aspects of its trading services – from trade execution to deep liquidity, trading platform all the way through to the customer support experience.

 

House of Borse at a glance

Broker's NameHouse of Borse
🏛️ HeadquartersLondon, England
📅 Year Founded2001
⚖️ Regulating AuthoritiesFCA
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Yes
📒 Demo AccountYes
✴️ Institutional AccountsYes
👨🏼‍💼 Managed AccountsYes
📈 Maximum Leverage1:30/1:100 for professionals
💰 Minimum Deposit$5000/R80 000 ZAR
➕Deposit OptionsBank wire
Credit cards
Debit cards
➖Withdrawal OptionsBank wire
Credit cards
Debit cards
💰 Sign up bonusNo
📊 Platform TypesBank wire
Credit cards
Debit cards
📈 Tradable assets offeredForex, indices, commodities, equities
📈 Spreads from zero-pip(ECN) and from 0.4 pips(GBPUSD and EURGBP)
📱 OS CompatibilityWindows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
💬 Languages supported on WebsiteMultilingual
💬 Customer Support LanguagesMultilingual
⏲️ Customer Service Hours24/5
👉 Open a account👉 Click Here

 

House of Borse Account Types

House of Borse account types

 

👉 House of Borse offers several accounts depending on trading volumes:

 

➡️️​ Silver Trader

➡️️​ Gold Trader

➡️️​ Platinum Trader

 

👉 Added to this, the broker also offers a swap-free Islamic Account, and a free demo account provided for traders to test out the broker’s features.

 

House of Borse Account Features

 

✅ Silver Trader✅ Gold Trader✅ Platinum Trader
For users trading less than 100 million per month.For users trading up to one yard per month.For users trading more than one yard per month.
$4 commission per side per USD 100K Traded.$3.5 commission per side per USD 100K Traded.$3 commission per side per USD 100K Traded.

 

👉 All accounts will have the following features:

 

➡️️​ Tier-1 high-capacity servers in EQUINIX datacentre

➡️️​ Providing ultra-low latency executions

➡️️​ Active and passive order entry

➡️️​ Access to deep market liquidity

➡️️​ 100% STP/ DMA

➡️️​ Live streaming prices

➡️️​ 3 different chart types in 9 different timeframes

➡️️​ Fully customisable interface

➡️️​ Over 30 pre-installed technical indicators

➡️️​ Ability to develop your own technical indicators and market analysis tools, using the MQL programming language.

➡️️​ 21 different time frames for charts

➡️️​ Capability to have up to 100 charts open at any given time

➡️️​ Time frames from on minute to one month

➡️️​ IOS and android supported

➡️️​ Different order types supported – Market Execution, Buy Stop Limit and Sell Stop Limit orders

➡️️​ Market depth information

➡️️​ Tick chart trading

➡️️​ Integrated Development Environment for EAs

 

House of Borse Demo Account

House of Borse Demo Account

 

👉 The demo account from House of Borse is funded with $50 000 in virtual currency and allows users to test the trade features of MetaTrader 4 within the context of the broker’s trading conditions.

 

👉 The demo account allows traders to practice their strategies in a risk-free environment and can be converted to a live trading account when the user feels ready to apply the broker’s trading features in a live market environment.

 

House of Borse Islamic Account

👉 The Islamic Account from House of Borse will allow Muslim traders to avoid swap fees incurred on positions held overnight.

 

👉 Traders can apply for an Islamic Account directly through the broker’s customer support team. Users will have the same spreads and commissions as on the swap-rated accounts, as well as access to both MetaTrader 4 and MetaTrader 5.

 

👉 However, the list of available FX crosses to trade is also restricted to the stated instruments. If you would like to trade the full range of FX products available with House of Borse, then you must have either a swap paying or management fee paying account instead.

 

👉 Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law.

 

👉 With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.

 

👉 An Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.

 

Min Deposit

USD 5000

Regulators

FCA

Trading Platform

MT4, MT5, FIX API

Crypto

No

Total Pairs

60

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

House of Borse Pros and Cons

✔️ Pros❌ Cons
Advanced trading environmentExtremely high minimum deposit
Extremely competitive pricingSwap-free status only available on certain currency pairs
FIX API available
Islamic Account available
MetaTrader suite available
Well-regulated broker

 

Conclusion

House of Borse offers three different levels of account – Silver, Gold and Platinum. All their accounts  have leverage Up To 100:1.

 

House of Borse Account Types vary according to what traders require.

 

You might also like: House of Borse Review

You might also like: House of Borse Demo Account – Step by Step

You might also like: House of Borse Fees and Spreads

You might also like: House of Borse Islamic Account Overview

You might also like: House of Borse Minimum Deposit

You might also like: House of Borse Sign up Bonus

 

Frequently Asked Questions

 

Trading and environment

 

How many instruments can I trade with House of Borse?

House of Borse provides traders with access to over 200 financial instruments in the following markets:

  • Forex – 60+ forex pairs; majors, minors, and exotics, including EUR/USD, USD/JPY, and EUR/GBP.
  • Equities – Company stocks including Google, Apple, Facebook, and Amazon.
  • Indices – Global cash and futures indices including the UK100 and US30.
  • Commodities – Including gold, silver, and energies.

 

Which platforms are supported by House of Borse?

MetaTrader 4 and MetaTrader 5.

 

Does House of Borse offer leverage?

Yes. Maximum leverage is capped at 1:30 in line with ESMA regulations for retail traders, but House of Borse does provide leverage up to 1:100 for professional traders.

 

What spreads can I expect with House of Borse?

House of Borse has competitive zero-pip spreads available on major currency pairs under the ECN pricing model. Spreads on leading pairs, such as the GBP/USD and EUR/GBP, start at 0.4 pips. Dynamic spreads are updated in real-time in the MT4 and MT5 platforms.

 

Does House of Borse charge commission?

Yes. The broker charges variable trade-based commissions from $4 per $100,000 traded with Silver accounts to a $3 commission in Platinum accounts. Commission charges drop with increased trading volumes.

 

Are there additional charges on the Islamic account?

No.

 

Is House of Borse regulated?

Yes. House of Borse is regulated by the Financial Conduct Authority (FCA).

 

Is House of Borse a recommended forex trading broker for experts and beginners?

No. House of Borse is positioned more towards advanced and professional traders due to the high minimum deposit.

 

What is the overall rating out of 10 for HOUSE OF BORSE?

8/10.

 

Accounts

 

What is the difference between a demo and live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does House of Borse offer a demo account?

Yes, House of Borse offers a free demo account to all new traders.

 

For how long is the demo account valid?

The demo account from House of Borse does not appear to expire.

 

Does House of Borse offer the option of an Islamic Account?

Yes.

 

Which live trading accounts does House of Borse offer?

House of Borse offers several accounts depending on trading volumes:

  • Silver Trader
  • Gold Trader
  • Platinum Trader

 

What are the available deposit currencies for a live trading account?

House of Borse accepts USD, EUR, and GBP. This is a limited selection, and traders depositing in smaller currencies, such as ZAR/Rand, will incur conversion fees.

 

Deposits and withdrawals

 

What is the minimum deposit for House of Borse?

The minimum deposit amount required to open a broker account with House of Borse is $5000. This is a high minimum deposit when compared to many other brokers in the industry, with most deposit requirements averaging between $10 and $500.

 

How do I make a deposit and withdrawal with House of Borse?

House of Borse has an extremely limited selection of deposit methods, which consist of bank wire transfers, credit cards and debit cards. It is likely that the broker relies on these transaction methods due to the higher deposit amounts required to open and maintain a trading account.

 

Does House of Borse charge withdrawal fees?

There is a 3% handling fee charged on credit and debit card transactions. More information can be found directly on the broker’s website.

 

How long does it take to make a withdrawal?

All withdrawal requests will be processed within two business days if received by House of Borse before 11am UK time on any business day.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 10, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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