Crown Forex Account Type

Crown Forex offers two main types of trading accounts designed to cater to different levels of trading experience and investment capacities:

• Standard Account:
• Minimum Deposit: $2,000
• Minimum Lot Size: 10,000 units
• Maximum Leverage: 1:100
• Spreads: Typically around 1 pip for major currency pairs.
• Mini Account:
• Minimum Deposit: $300
• Minimum Lot Size: 10,000 units
• Maximum Leverage: 1:200
• Spreads: Higher spreads compared to the standard account, especially for cross currency pairs.

Crown Forex primarily caters to experienced and advanced traders, providing a demo account for practice and training before transitioning to live trading.

Crown Forex Broker Account Opening Process

To open an account with Crown Forex, follow these steps:

• Download the Customer Trading Agreement: Visit the Crown Forex website and download the trading agreement.
• Fill Out the Agreement: Complete the agreement form with your personal information.
• Provide Identification: Send a notarized copy of a valid ID (such as a passport) along with the completed agreement to Crown Forex in Switzerland.
• Approval Process: Wait for the Crown Forex staff to approve your application.
• Fund Your Account: Once approved, you can deposit funds into your account to start trading. The minimum deposit for a standard account is $2,000, while a mini account requires a minimum of $300.
• Start Trading: After funding your account, you can begin trading using the Crown Forex trading terminal.

This process ensures that you are properly registered and compliant with the necessary regulations before you start your trading journey.