Citi Fx Forex Broker keeps up-to-date with the latest trading account information, including Business, ECN, Standard 2 PIP, Silver maximum leverage of 1:5000, trading varieties, and more
Rating Index
Pros
Access to the popular MT5 trading platform, known for its advanced features and tools.
High leverage options available, which can appeal to experienced traders seeking larger potential profits.
Offers a variety of trading instruments, including forex pairs, indices, and commodities.
Cons
Lack of regulation and transparency, raising significant concerns about the safety of funds and legitimacy.
High minimum deposit requirement of $1,000, which may be prohibitive for beginner traders.
Reports of withdrawal issues and poor customer service, leading to dissatisfaction among users.
Citi Fx broker Accounts
Business
ECN
Standard 2 PIP
Silver
Citi Forex Account Type
Citi Forex offers various account types to cater to different trading needs. Here are the primary account types available:
- Standard Account
- Minimum Deposit: $10,000
- Trading Instruments: Forex
- Spreads: Low/Variable
- Commission: $0
- Premium Account
- Minimum Deposit: $50,000
- Trading Instruments: Forex
- Spreads: Low/Variable
- Commission: $0
- Premium (Commission) Account
- Minimum Deposit: $50,000
- Trading Instruments: Forex
- Spreads: Low/Fixed
- Commission: Variable based on trading volume
- Professional Account
- Minimum Deposit: $100,000
- Trading Instruments: Forex
- Spreads: Low/Variable
- Commission: Variable based on trading volume
- Gold Account
- Minimum Deposit: $150,000
- Trading Instruments: Forex
- Spreads: Low/Variable
- Commission: Variable based on trading volume
Choose Account Type: Determine which account type suits your trading needs and financial capacity.
Submit Application: Fill out the application form with personal details including:
- Name
- Address
- Date of Birth
- Contact Information
- Employment Status
- Financial Information
- Trading Experience
- Provide Documentation: Submit required documents for identity verification, including:
- A copy of your passport or national ID
- A recent utility bill or bank statement showing your name and address
Fund Your Account: Once your application is approved, fund your account using various methods including bank transfers or credit/debit cards. The minimum deposit varies by account type.
Download Trading Platform: Download and install the Citi Forex trading platform (CitiFX Pro) to begin trading.
Start Trading: With your account funded and platform installed, you can start trading various forex pairs and other instruments.
Citi Forex Broker Account Opening Process
Opening an account with Citi Forex is a straightforward process that can be completed in a few simple steps:
By following these steps, you can successfully open an account with Citi Forex and begin your trading journey.
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