ASX Markets Account Type

ASX Markets offers several types of trading accounts to cater to different trading preferences and styles:

• Fix Account:
• Spreads starting from 1.8 pips.
• Suitable for casual traders who prefer stable trading costs.
• Variable Account:
• Spreads starting from 1.1 pips.
• Ideal for traders who seek potentially tighter spreads during favorable market conditions.
• VIP Account:
• Spreads starting from 0.6 pips.
• Designed for experienced traders looking for better pricing and additional benefits.
• Raw Zero Account:
• Spreads starting from 0.0 pips.
• Commission of $10 per trade.
• Best for elite traders seeking direct market access and competitive pricing.

All account types allow for leverage of up to 1:400, providing traders with the ability to control larger positions with smaller amounts of capital.

ASX Markets Broker Account Opening Process

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

• Submit Your Application:
• Visit the ASX Markets website and complete the online application form.
• Fund Your Account:
• Deposit funds into your account using various available payment methods.
• Place Your Trade:
• Once your account is funded, you can start trading immediately.

Please ensure you have the required identification documents ready for the verification process, which may include proof of identity and proof of residence.

For more detailed information, you can visit the following sources:

• WikiFX
• ASX Markets