AM Broker Account Types

AM Broker offers three types of accounts tailored to different trading needs:

• Retail Account
• Minimum Deposit: $1,000
• Execution Type: STP (Straight Through Processing)
• Spreads: From 0.6 pips
• Commissions: No commissions on forex, indices, or commodities; $0.01 per share and ETF.
• Leverage: Up to 1:500
• Features: Accessible on any device, allows trading in forex and CFDs on indices, commodities, shares, and ETFs.
• Professional Account
• Minimum Deposit: $10,000
• Execution Type: ECN (Electronic Communication Network)
• Spreads: From 0.0 pips
• Commissions: $3 per lot per deal on indices, $7 per lot per deal on commodities and forex.
• Leverage: Up to 1:500
• Features: Accessible on any device, allows trading in forex and CFDs on indices and commodities.
• Institutional Account
• Minimum Deposit: $100,000
• Execution Type: Direct Market Access (DMA)
• Features: Custom features negotiated on an individual basis.
• Islamic Account
• Available for all account types, catering to Muslim traders who follow Sharia law, exempting them from overnight fees.

AM Broker Account Opening Process

To open an account with AM Broker, follow these steps:

• Registration:
• Visit the AM Broker website and select your desired account type.
• Complete the secure application form with your personal information.
• Documentation:
• Provide necessary documents such as a valid ID, proof of residency, and any additional documents required by the broker.
• Deposit Funds:
• Fund your trading account using available methods such as bank transfer or credit/debit cards. The minimum deposit is $1,000.
• Account Activation:
• After submitting your application and funding your account, the activation process typically takes up to 24 hours.
• Start Trading:
• Once your account is activated, download and install the MetaTrader 5 platform to begin trading.

For more detailed information, you can visit AM Broker's official website.