Citywealth Account Type

　　Citywealth offers several types of trading accounts to cater to different trading needs and preferences. The minimum deposit for opening an account is generally set at $250, making it accessible for beginner traders. The accounts available include:

• Standard Account:
• Minimum Deposit: $250
• Leverage: Up to 1:400
• Spread: Starting from 0.6 pips for currency pairs like EUR/USD.
• Minimum Trade Size: 0.01 lots.
• Products Available: Forex, gold, silver, CFDs.
• Professional Account:
• Minimum Deposit: $10,000
• Leverage: Up to 1:100.
• Spread: Not specified.
• Minimum Trade Size: 0.01 lots.
• Products Available: Forex, gold, silver, CFDs.
• Institutional Account:
• Minimum Deposit: $50,000
• Leverage: Up to 1:100.
• Spread: Not specified.
• Minimum Trade Size: 0.01 lots.
• Products Available: Forex, gold, silver, CFDs.

　　Due to the unregulated status of Citywealth, traders are advised to proceed with caution when opening an account.

　　

Citywealth Broker Account Opening Process

　　Opening a broker account with Citywealth is a straightforward process that typically involves the following steps:

• 　　Select Account Type: Choose the type of account that best suits your trading needs (Standard, Professional, or Institutional).

• 　　Fill Out Application: Complete the online application form with your personal information, including:

• Full name
• Address
• Email
• Phone number
• Social security number or tax ID.

• 　　Submit Identification: Provide necessary identification documents to verify your identity, which may include a government-issued ID and proof of address.

• 　　Fund Your Account: After your application is approved, you will need to deposit funds into your account. The minimum deposit is $250, which can be done via wire transfer or credit/debit card.

• 　　Start Trading: Once your account is funded, you can start trading on the Citywealth platform, which offers access to various financial instruments.

　　Traders are encouraged to familiarize themselves with the platform and its features before engaging in live trading.