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CP Markets broker Accounts
CP Markets Account Type
CP Markets offers several types of trading accounts to cater to different trading needs and experience levels. The account types include:
- Classic Account
- Minimum Deposit: $0
- Maximum Leverage: 1:1000
- Spreads: From 1.4 pips
- Commission: None
- Ideal for: Beginners and traders looking for a straightforward trading experience.
- Standard Account
- Minimum Deposit: $500
- Maximum Leverage: 1:500
- Spreads: From 0.6 pips
- Commission: None
- Ideal for: Intermediate traders seeking competitive spreads.
- ECN Account
- Minimum Deposit: $1,000
- Maximum Leverage: 1:1000
- Spreads: From 0.1 pips
- Commission: Yes, $4 per lot
- Ideal for: Experienced traders who require direct market access and tighter spreads.
- Prime Account
- Minimum Deposit: $1,000
- Maximum Leverage: 1:500
- Spreads: From 0.7 pips
- Commission: None
- Ideal for: Traders looking for low spreads without additional commission costs.
- Platinum Account
- Minimum Deposit: $500
- Maximum Leverage: 1:1000
- Spreads: From 0.6 pips
- Commission: None
- Ideal for: High-volume traders seeking competitive trading conditions.
- Visit the Official Website: Go to the CP Markets website.
- Select Account Type: Choose the account type that best fits your trading goals (Classic, Standard, ECN, Prime, or Platinum).
- Fill Out the Application Form: Complete the online application form with your personal details.
- Provide Identification: Submit identification documents to verify your identity and keep your account secure.
- Fund Your Trading Account: Deposit the minimum required amount based on the selected account type.
- Download the Trading Platform: Download and install the MetaTrader 4 or MetaTrader 5 platform from the CP Markets website to begin trading.
CP Markets Broker Account Opening Process
To open an account with CP Markets, follow these steps:
For more detailed information about the account types and the opening process, you can visit the following sources:
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