DirectFX Account Type

DirectFX offers several types of trading accounts designed to cater to different trading styles and experience levels. The main account types include:

• MT4 Standard Account:
• Minimum Deposit: $100
• Leverage: Up to 400:1
• Spreads: Starting from 1.8 pips for EUR/USD
• Features: Supports all MT4 compatible expert advisors and scalping strategies.
• CQG Account:
• Minimum Deposit: $500
• Leverage: Up to 100:1
• Spreads: Variable spreads with advanced trading tools for experienced traders.
• Features: Offers a customizable interface and advanced charting tools.
• Demo Account:
• Duration: Available for 30-60 days
• Purpose: Allows traders to practice trading without risk using virtual funds.
• Multi Account Manager (MAM) Account:
• Features: Designed for professional traders to manage multiple accounts under one master account, facilitating block order execution.

DirectFX Broker Account Opening Process

Opening an account with DirectFX is a straightforward process. Here are the steps involved:

• Choose Account Type: Decide which account type suits your trading needs (e.g., MT4 Standard, CQG, Demo).

• Visit the Website: Go to the DirectFX official website.

• Complete Registration: Fill out the online application form with your personal details.

• Verification: Submit identification documents (e.g., passport, proof of residence) to verify your account.

• Make a Deposit: Fund your account using one of the accepted payment methods (e.g., bank wire, Neteller, Skrill). The minimum deposit for the MT4 account is $100, while the CQG account requires $500.

• Start Trading: Once your account is funded and verified, you can start trading on the DirectFX platform, using either the MT4 or CQG trading platforms.

By following these steps, traders can easily set up their accounts and begin their trading journey with DirectFX.