Blue Ocean Account Type

Blue Ocean offers two main types of trading accounts to cater to different trading preferences and investment levels:

• Classic Account
• Minimum Deposit: $100
• Maximum Leverage: 1:5000
• Minimum Trade Volume: 0.01 lots
• Spread: Starting from 1.5 pips
• Commission: $0 per lot
• Stop Out Level: 50%
• Available Markets: All trading instruments, including forex, cryptocurrencies, indices, energies, precious metals, and commodities.
• Features: Allows scalping, news trading, and supports Expert Advisors (EAs). A swap-free Islamic account option is also available.
• Premium Account
• Minimum Deposit: $5,000
• Maximum Leverage: 1:500
• Minimum Trade Volume: 0.01 lots
• Spread: Starting from 1.0 pips
• Commission: $0 per lot
• Stop Out Level: 50%
• Available Markets: All trading instruments, similar to the Classic account.
• Features: Also allows scalping, news trading, and supports EAs. A swap-free Islamic account option is available.

Blue Ocean Broker Account Opening Process

To open an account with Blue Ocean, follow these steps:

• Visit the Website: Go to the official Blue Ocean website.
• Select Open Account: Click on the "Register" or similar option prominently displayed on the homepage.
• Fill in Login Information: Provide your desired username, email address, phone number, and password. Ensure all required fields are filled accurately.
• Review and Accept Terms: Read the terms of business, risk disclosure, and order execution policy. Confirm your acceptance by checking the box.
• Provide Personal Information: Enter your full name and country of residence, ensuring accuracy.
• Review and Confirm: Double-check all provided information for accuracy and make necessary corrections.
• Submit Application: Once satisfied, submit your application. Additional verification steps may be required.

By completing these steps, you can successfully open an account with Blue Ocean and start trading.

Sources:

• BrokersView
• WikiFX