Advanced Markets offers a limited selection of account types for traders. Primarily, there are two main types of accounts available for individual clients:
- Standard Account:
- Minimum Deposit: $2,500
- Maximum Leverage: 1:100
- Spread: Fixed spreads ranging from 0.5 to 2 pips.
- Commission: $20 per million traded.
- Available Assets: Access to over 65 currency pairs, 5+ cryptocurrencies (including Bitcoin, Litecoin, and Ethereum), and 60+ CFDs on commodities, stocks, and indices.
- Mini Account:
- Minimum Deposit: $2,500
- Maximum Leverage: 1:100
- Spread: Similar to the standard account.
- Commission: Same as the standard account.
- Available Assets: Same as the standard account.
Advanced Markets also provides a Demo Account option, allowing traders to practice trading strategies without risk using virtual funds.
Advanced Markets Broker Account Opening Process
To open an account with Advanced Markets, follow these steps:
- Choose Your Account Type: Decide between the Standard or Mini account based on your trading needs.
- Fill Out the Application: Visit the Advanced Markets website and complete the online application form with required personal information.
- Verify Your Identity: Submit identification documents such as a passport or driver's license, along with proof of address (utility bill or bank statement).
- Deposit Funds: Fund your account with a minimum deposit of $2,500 via wire transfer or check.
- Account Activation: Your account will typically be activated within 24 hours after your application is approved and funds are deposited.
- Start Trading: Once your account is active, you can access the trading platforms (MetaTrader 4, Fortex 5, Fortex 6, Currenex Classic) and begin trading.
For detailed information and to begin the registration process, visit Advanced Markets.
Advanced Markets accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .