BMFN Account Type

BMFN offers several types of trading accounts to cater to different trading needs and preferences. The main account types include:

• Standard Live Trading Account
• Minimum Deposit: $50
• Leverage: Up to 1:200
• Spread Type: Variable spread, starting from 1.4 pips on major forex pairs
• Minimum Trade Size: 0.01 lots
• Instruments Traded: Access to over 99 financial instruments including forex, commodities, and ETFs.
• MT4 CFD Account
• Minimum Deposit: $50
• Leverage: Up to 1:400
• Spread Type: Variable spread
• Minimum Trade Size: 0.01 lots
• Instruments Traded: Forex, commodities, and CFDs.
• MT4 DMA Account
• Minimum Deposit: $50
• Leverage: Up to 1:400
• Spread Type: Fixed spread
• Minimum Trade Size: 0.01 lots
• Instruments Traded: Primarily forex and commodities.
• Unitrader Account
• Minimum Deposit: $50
• Leverage: Up to 1:400
• Spread Type: Variable spread
• Minimum Trade Size: 0.01 lots
• Instruments Traded: Forex, gold & silver, oil, and ETFs.
• Demo Account
• Purpose: Ideal for beginners to practice trading without financial risk.
• Features: Simulates real market conditions with virtual funds.

BMFN Broker Account Opening Process

Opening an account with BMFN involves the following steps:

• Visit the Official Website: Go to BMFN's official website.

• Select Account Type: Choose the type of account you wish to open (e.g., Standard Live Trading Account, MT4 CFD Account, etc.).

• Complete the Application Form: Fill out the online application form with your personal, financial, and employment details.

• Know Your Customer (KYC) Process: Complete the KYC process by providing identity verification documents and proof of residence.

• Deposit Funds: Make the minimum deposit of $50 to activate your trading account.

• Account Approval: Once your application is reviewed and approved, you will receive your account details.

• Start Trading: Log in to your account and begin trading using the BMFN trading platforms such as MetaTrader 4 or Unitrader.

By following these steps, you can easily set up your trading account and start your trading journey with BMFN.