DAMFOREX Account Type

　　DAMFOREX offers two primary types of trading accounts: Express Account and Professional Account.

• Express Account:
• Minimum Deposit: $50
• Maximum Leverage: Up to 400:1
• Spread: 1.3 pips
• Commission: None
• Ideal for beginners looking for a cost-effective way to start trading with low capital.
• Professional Account:
• Minimum Deposit: Not explicitly stated, but typically higher than the Express Account.
• Maximum Leverage: Up to 100:1
• Spread: From 0.5 pips
• Commission: None
• Designed for experienced traders who require tighter spreads and support for scalping strategies.

　　

DAMFOREX Broker Account Opening Process

　　Opening an account with DAMFOREX involves several straightforward steps:

• 　　Choose the Account Type: Decide between the Express Account and the Professional Account based on your trading experience and capital.

• 　　Complete the Registration Form: Visit the DAMFOREX website and fill out the registration form with your personal information, including your name, address, email, and phone number.

• 　　Identity Verification: Submit the necessary identity verification documents, such as a government-issued ID and proof of address.

• 　　Fund Your Account: Deposit the minimum required amount based on the account type chosen. Payment methods typically include bank transfers and credit/debit cards.

• 　　Download the Trading Platform: After funding your account, download the cTrader platform to start trading.

• 　　Start Trading: With your account funded and the platform set up, you can begin trading various financial instruments offered by DAMFOREX.

　　For more detailed information, please visit the source: DAMFOREX Official Site