ABX Trade offers three types of trading accounts tailored to meet the needs of different traders:
Cent Account
Minimum Deposit: $25
Base Currency: USDC (USD cents)
Leverage: Up to 1:1000
Spreads: Starting from 2.2 pips
Minimum Lot Size: 0.01
Maximum Lot Size: 50
Contract Size: 1000 units
Ideal for: Beginners looking to start trading with a small deposit.
Standard Account
Minimum Deposit: $25
Base Currency: USD
Leverage: Up to 1:1000
Spreads: Starting from 1.8 pips
Minimum Lot Size: 0.01
Maximum Lot Size: 50
Contract Size: 100,000 units
Ideal for: Traders who prefer no commissions and tight spreads.
ECN Account
Minimum Deposit: $500
Base Currency: USD
Leverage: Up to 1:200
Spreads: Zero pips
Minimum Lot Size: 0.01
Maximum Lot Size: 50
Contract Size: 100,000 units
Ideal for: Experienced traders seeking direct market access and low spreads.
ABX Trade Broker Account Opening Process
To open an account with ABX Trade, follow these steps:
Create Your Account:
Visit the ABX Trade website and locate the account registration section.
Enter required personal details including username, first name, last name, identification number (IC or passport), email address, and contact phone number.
Review and agree to the terms and conditions before proceeding.
Verify Your Account:
After registration, you will need to verify your account.
This may involve submitting scanned copies of identification documents such as your IC or passport as per the instructions provided.
Fund Your Account:
Once your account is verified, you can fund your account using the available payment methods.
Be mindful of the minimum deposit requirements specified for your chosen account type.
Start Trading:
After funding, log in to your ABX account using your credentials.
Familiarize yourself with the trading platform and available instruments before executing trades according to your strategy.
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