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Cross Capital offers two main types of live trading accounts in addition to demo accounts, catering to different trading needs. The available account types are:
Forex Account: This account is designed for trading various currency pairs in the forex market. The minimum initial deposit required to open this account is $50, which aligns with the typical requirements of many brokers.
Crypto Account: This account allows clients to trade cryptocurrencies. Similar to the Forex Account, the minimum initial deposit is also $50.
Both account types provide access to a variety of financial instruments, including cryptocurrencies, forex, gold & silver, and stocks. Cross Capital advertises a maximum leverage of up to 100:1, enabling traders to amplify their potential gains, although it is important to note that high leverage also increases the risk of losses.
Opening a broker account with Cross Capital is a straightforward process that typically involves the following steps:
Choose Your Account Type: Decide whether you want to open a Forex Account or a Crypto Account based on your trading preferences.
Complete the Application: Fill out an online application form with your personal information, including your name, address, and contact details. You may also need to provide identification for verification purposes.
Initial Deposit: Fund your account with the minimum required deposit of $50. This can typically be done through bank wire or credit/debit card options.
Approval Process: Once your application is submitted, it will be reviewed by Cross Capital. The approval process is usually quick, and you will receive confirmation once your account is ready to use.
Start Trading: After your account is funded and approved, you can begin trading using the available platforms, such as MetaTrader 4, which is known for its user-friendly interface and advanced trading tools.
For further assistance, Cross Capital provides customer support through telephone and email, ensuring that clients can get help when needed.
Explore broker markets account types: forex/trading accounts with demo access.