Boney Market Account Type

Boney Market offers two types of trading accounts: a demo account and a real account. The demo account is equipped with $10,000 worth of virtual currency, allowing traders to practice and familiarize themselves with the platform without risking real money. This account comes with 24/5 analysis and support, making it ideal for beginners. The real account, on the other hand, provides high leverage of up to 1:400 and promises low spreads and fused signals, catering to more experienced traders.

Boney Market Broker Account Opening Process

Opening a live account with Boney Market is a straightforward process that consists of the following steps:

• Click on the “Open a Live Account” Link: Navigate to the Boney Market website and find the account opening section.
• Fill in the Application Form: Complete the application form with the required personal information.
• Upload Required Documents: Submit a photo ID and proof of address document through your client portal for verification.
• Verification: Wait for your documents to be verified. Once verified, your account will be successfully registered.
• Fund Your Account: Deposit funds into your account to start trading.

Please note that the minimum deposit amount is not disclosed by Boney Market.