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
• Commission: No commission on forex, indices, and commodities; $0.01 per share and ETF.
• Maximum Leverage: Up to 1:500
• Accessible on any device and operating system.
• Can be converted to an Islamic account.
• Professional Account:
• Minimum Deposit: $10,000
• Execution Type: ECN (Electronic Communication Network)
• Spreads: From 0.0 pips
• Commission: $3 per lot for indices, $7 per lot for commodities and forex.
• Maximum Leverage: Up to 1:500
• Accessible on any device and operating system.
• Can be converted to an Islamic account.
• Institutional Account:
• Minimum Deposit: $100,000
• Execution Type: Direct Market Access (DMA)
• Features: Negotiated on an individual basis.
• Maximum Leverage: Up to 1:500
• Can be converted to an Islamic account.

AM Broker also offers a demo account with virtual funds, allowing traders to practice without risk.

AM Broker Account Opening Process

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

• Choose Your Account Type: Decide between a retail, professional, or institutional account based on your trading experience and investment goals.

• Complete the Application: Fill out the online application form with personal information, including your full name, address, date of birth, and social security number.

• Submit Required Documents: Prepare and submit identification documents for verification, which may include a government-issued ID and proof of residency.

• Fund Your Account: Make the minimum deposit required for your chosen account type via bank transfer, credit/debit card, or electronic payment methods such as Neteller or Skrill.

• Start Trading: Once your account is approved and funded, you can download the MetaTrader 5 platform and start trading.

For more information, visit: AM Broker Account Types