Ausforex Account Types

　　Ausforex offers its clients two main account types: the STP (Straight Through Processing) account and the ECN (Electronic Communication Network) account. Both types require a minimum deposit of $1,000 and provide access to the popular trading platforms MetaTrader 4 and MetaTrader 5.

STP Account

• Minimum Deposit: $1,000
• Maximum Leverage: 1:400
• Average Spreads: 2.0 pips
• Commission: None (trading commission included in the spread)

ECN Account

• Minimum Deposit: $1,000
• Maximum Leverage: 1:400
• Spreads: 0.5 pips
• Commission: $10 per standard lot round-turn

　　Additionally, Ausforex offers an Islamic account option for Muslim traders, which complies with Sharia law by not charging interest or overnight fees.

Ausforex Broker Account Opening Process

　　To open an account with Ausforex, follow these simple steps:

• Registration:
• Fill in and submit the online account application form on the Ausforex website.
• Provide Identification Documents:
• Submit necessary identification documents for authentication.
• Deposit Funds:
• Fund your account with a minimum deposit of $1,000 to start trading.

　　Once your account is activated, which typically takes 24 hours, you can begin trading on the platform.