Bonny Markets Account Type

Bonny Markets offers several types of trading accounts tailored to meet the needs of different traders:

• BM - Standard
• Minimum Deposit: $500
• Leverage: 1:500
• Major FX Pairs: 1:500
• Minor FX Pairs: 1:500
• Precious Metals: 1:500
• Commodities: 1:100
• Index CFDs: 1:50
• Crypto: 1:5
• Stock: 1:20
• Lot Range: 0.01 (min) - 20 (max)
• Commission: $0
• Spread: As low as 2.0 floating spreads
• BM - Advanced
• Minimum Deposit: $1,000
• Leverage: 1:500
• Similar trading conditions as the Standard account, but with lower spreads starting from 1.5.
• BM - ECN
• Minimum Deposit: $1,250
• Leverage: 1:500
• Commission: $6 per lot
• Spread: As low as 0.0 floating spreads
• BM - Pro
• Minimum Deposit: $2,000
• Leverage: 1:500
• Commission: $4 per lot
• Spread: As low as 0.0 floating spreads

All accounts allow for various trading strategies including scalping and hedging, and provide access to a wide range of trading instruments.

Bonny Markets Broker Account Opening Process

Opening an account with Bonny Markets is a straightforward process:

• Visit the Website: Go to the Bonny Markets official website.
• Fill Out the Application: Complete the application form with your personal information and trading experience.
• Submit Documentation: Upload required documents for identity verification (e.g., photo ID and proof of address).
• Fund Your Account: Choose your preferred payment method to deposit funds into your account. The minimum deposit varies based on the account type selected.
• Start Trading: Once your account is approved and funded, you can begin trading on the platform.

For more details, visit the following sources:

• Bonn Markets Account Types
• Bonny Markets Overview