BPS Capital Account Type
BPS Capital offers two types of live trading accounts: Standard Account and ECN Account. The Standard Account requires a minimum deposit of $50, offers maximum leverage of 1:500, and has variable spreads starting from 1.2 pips with no commissions charged. The ECN Account, on the other hand, requires a higher minimum deposit of $1,000, also provides leverage of 1:500, but features raw spreads starting from 0.0 pips with a commission of $7 per lot.
BPS Capital Broker Account Opening Process
Opening an account with BPS Capital is a straightforward process. Here are the steps involved:
- Visit the Website: Go to the BPS Capital website.
- Choose Account Type: Select either the Standard or ECN account based on your trading needs and deposit capabilities.
- Fill Out Registration Form: Complete the online registration form with your personal information, including name, email, and phone number.
- Verify Identity: Upload the required documents for identity verification, such as a government-issued ID and proof of residence.
- Fund Your Account: Deposit the minimum required amount ($50 for Standard, $1,000 for ECN) using available payment methods like bank transfer or credit/debit cards.
- Start Trading: Once your account is verified and funded, you can begin trading on the BPS Capital platform.
For more details, you can refer to the information from WikiFX.
BPS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .