Advanced-Traders broker Accounts

Advanced Markets Account Types

Advanced Markets offers a limited variety of account types tailored to meet the needs of different traders. They provide primarily two types of accounts: the Standard Account and the Mini Account. Both accounts require a minimum deposit of $2,500. The Standard Account allows for a minimum position size of 0.01 with fixed spreads ranging from 0.5 to 2 pips and a maximum leverage of 1:100. The Mini Account shares similar features but is designed for traders who may want to start with a smaller investment. Advanced Markets does not offer an Islamic or swap-free account, which may be a consideration for some traders.

Advanced Markets Broker Account Opening Process

Opening an account with Advanced Markets involves several straightforward steps:

• Choose Account Type: Decide between the Standard Account or Mini Account, both requiring a minimum deposit of $2,500.

• Registration: Complete the account opening form, providing necessary personal and financial information. This may include identity verification documents.

• Documentation: Submit proof of identity and address, such as a government-issued ID and a utility bill.

• Verification: Await verification of your application, which can take up to 24 hours.

• Fund Your Account: Once approved, fund your account via wire transfer. Ensure you meet the minimum deposit requirement.

• Start Trading: After funding your account, you can begin trading using the platforms offered by Advanced Markets, such as MetaTrader 4 and Fortex.

By following these steps, traders can efficiently set up their accounts and begin their trading journey with Advanced Markets.