Armex Account Type

Armex offers various types of trading accounts tailored to different trading needs. The main account types include:

• Standard Account: This account type is designed for experienced traders, allowing access to standard lots of currency worth $100,000. It typically requires a minimum deposit of $2,000 to $10,000, depending on the broker.

• Mini Account: Aimed at beginners or risk-averse traders, the mini account allows transactions using mini lots worth $10,000. It can be opened with a minimum deposit as low as $250 to $500, offering higher leverage options.

• Managed Account: For those who prefer a professional to manage their trades, a managed account is available. This account type usually requires a minimum investment of $2,000 for pooled funds and $10,000 for individual accounts.

Armex Broker Account Opening Process

Opening an account with Armex is a straightforward process that typically takes 1-3 days. Heres a step-by-step guide:

• Registration: Visit the Armex website and fill out the registration form. You'll need to provide personal information such as your name, address, email, phone number, and date of birth.

• Account Type Selection: Choose the account type that suits your trading needs, whether its a standard, mini, or managed account.

• Documentation: Upload necessary documents to verify your identity and residency. Acceptable documents include a passport or national ID for identity verification and a utility bill or bank statement for residency verification.

• Funding Your Account: Once your account is verified, you need to fund it. The minimum deposit for opening an account at Armex is $2,160, which can be done via bank transfer.

• Start Trading: After funding your account, you can begin trading on the Armex platform, which supports multiple currency pairs and offers advanced trading tools.

For further assistance, you can contact customer support via email or phone.