Amenda Markets Account Type

Amenda Markets offers two types of trading accounts: Retail Account and Professional Account.

• Retail Account:
• Minimum Deposit: €200 for EU clients; €2,000 for non-EU clients.
• Spreads: Can go as low as 1.5 pips.
• Trading Fee: 0.0037% per side (0.0074% per lot traded).
• Maximum Leverage: 1:30.
• Minimum Trade Size: 0.01 lots.
• Margin Call Level: 80%.
• Stop Out Level: 50%.
• Platform: MetaTrader 4 (MT4) with negative balance protection.
• Professional Account:
• Minimum Deposit: $10,000.
• Spreads: Can go as low as 1.5 pips.
• Trading Fee: 0.0037% per side (0.0074% per lot traded).
• Maximum Leverage: 1:125.
• Minimum Trade Size: 0.1 lots.
• Margin Call Level: 120%.
• Stop Out Level: 80%.
• Platform: MetaTrader 4 (MT4) without negative balance protection.

Amenda Markets Broker Account Opening Process

To open an account with Amenda Markets, follow these steps:

• Choose Account Type: Decide between a Retail or Professional Account based on your trading needs and capital.

• Complete Application: Fill out the online application form with your personal information, including name, address, and contact details.

• Submit Documentation: Provide necessary documents for verification, such as identification and proof of residence.

• Fund Your Account: Make an initial deposit via bank wire transfer. The minimum deposit varies by account type as mentioned above.

• Access Trading Platform: Once your account is verified and funded, you will receive access to the MetaTrader 4 platform to start trading.

• Start Trading: Begin trading by selecting your desired assets and executing trades through the platform.

For more information, you can visit their official website: Amenda Markets.