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AFEX broker Accounts

  

AFEX Account Types

  AFEX offers a variety of account types to cater to different trading needs and preferences. Here are the main account types available:

  • Personal Accounts
    • Designed for individual traders.
    • Minimum deposit: Varies by account type.
    • Allows access to international payments and foreign exchange services.
    • Business Accounts
      • Tailored for businesses engaging in foreign exchange transactions.
      • Requires company registration details and proof of business address.
      • Corporate Accounts
        • For larger corporate entities requiring advanced trading solutions.
        • Specific requirements based on corporate structure.
        • Other Account Types (Specific to AFEX EU)
          • Entry Account:
          • Minimum deposit: $250
          • Minimum spread: from 2.5 pips
          • Commission: $1 per lot traded.
          • Standard Account:
          • Minimum deposit: $10,000
          • Minimum spread: from 1.5 pips
          • Commission: $0.7 per lot traded.
          • Premium Account:
          • Minimum deposit: $25,000
          • Minimum spread: from 1 pip
          • Commission: $0.3 per lot traded.
          • Gold Account:
          • Minimum deposit: $50,000
          • Minimum spread: from 0.5 pips
          • No commissions per lot traded.
          • VIP Account:
          • Minimum deposit: over $100,000
          • Minimum spread: from 0 pips
          • No commissions per lot traded.

            

          AFEX Broker Account Opening Process

            Opening an account with AFEX involves several straightforward steps:

          • Visit the AFEX Website
            • Navigate to the Account Creation Page
              • Look for options like "Open an Account," "Sign Up," or "Get Started."
              • Choose the Right Account Type
                • Select the account type that suits your trading needs (personal, business, or corporate).
                • Fill in Your Details
                  • Complete the registration form with required information:
                  • For individual accounts: Full name, date of birth, contact information, and residential address.
                  • For business accounts: Company name, type of business, registration number, and business contact information.
                  • Complete the Compliance Checks
                    • Upload identification documents such as a photo ID (passport) and proof of address (utility bill or bank statement).
                    • Review and Agree to Terms and Conditions
                      • Read through the terms and conditions, then confirm your acceptance.
                      • Submit Your Application
                        • Click the button labeled "Submit" or "Complete Registration" to send your information to AFEX.
                        • Await Account Verification
                          • AFEX will review your application, which may take some time. You will receive a notification via email or phone once verified.
                          • Begin Using Your AFEX Account
                            • After verification, log in with your credentials to start managing your foreign exchange transactions and payments.

AFEX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
AFEX Account