Benchmark Finance Account Types
Benchmark Finance offers two primary account types tailored to different trading needs: Retail Account and Professional Account.
Retail Account
- Minimum Deposit: $0
- Spreads: Starts from 0.1 pips (EUR/USD)
- Maximum Leverage: 1:30
- Stop-Out Level: 30%
- Features:
- Suitable for beginners, intermediate, and experienced traders
- Access to all tradable financial instruments
- Commission-free trading on forex, metals, oil, indices, and cryptocurrencies
- Automatic execution and real-time quotes
Professional Account
- Minimum Deposit: None required
- Spreads: Starts from 0.1 pips (EUR/USD)
- Maximum Leverage: Up to 1:400
- Stop-Out Level: 20%
- Eligibility Criteria:
- Must meet any two of the following:
- Average of 10 trades of significant volume in the past four quarters
- Portfolio of financial instruments and cash worth more than €500,000
- Experience in a position requiring knowledge of benchmark finance transactions for over a year
- Features:
- Access to higher leverage and various awards and loyalty bonuses
Benchmark Finance Broker Account Opening Process
Opening an account with Benchmark Finance is a straightforward process that typically takes less than 15 minutes. Heres how to do it:
- Select Account Type: Choose between a Retail or Professional account based on your trading experience and requirements.
- Provide Personal Information: Fill out the registration form with your basic details, including name, address, and identification.
- Verification: Verify your identity by providing current picture identification as per the USA Patriot Act requirements.
- Fund Your Account: There is no minimum deposit required, but you will need to fund your account using bank cards or bank wire transfers.
- Start Trading: Once your account is activated, you can log in and begin trading using the MetaTrader 4 or MetaTrader 5 platforms.
For more details, visit: Benchmark Finance
BenchMark accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .