DPS Global Markets Account Type

　　DPS Global Markets offers two types of trading accounts for its clients: the Standard Account and the ECN Account.

• Standard Account:
• Commission: Commission-free.
• Minimum Deposit: No minimum initial deposit requirement.
• Spreads: Slightly higher spreads, around 1.6 pips.
• Leverage: High leverage ratios, reaching up to 1:400.
• ECN Account:
• Commission: Requires a significant investment.
• Spreads: Offers raw spreads, which are generally lower than standard accounts.
• Minimum Deposit: Requires a higher initial deposit compared to the standard account.

　　

DPS Global Markets Broker Account Opening Process

　　To open an account with DPS Global Markets, follow these steps:

• 　　Choose Account Type: Decide between the Standard Account and the ECN Account based on your trading needs and investment capacity.

• 　　Obtain Account Opening Form: Visit the DPS Global Markets website or their office to obtain the account opening form.

• 　　Fill Account Opening Form: Complete the account opening form with accurate information.

• 　　Attach Required Documents: Include necessary documents such as:

• Proof of identity (e.g., passport, driver's license).
• Proof of address (e.g., utility bill, bank statement).
• Income proof (e.g., salary slips, income tax returns).
• PAN card (mandatory for Indian residents).

• 　　Submit the Form: Submit the completed form along with the required documents either online or in person at their office.

• 　　Personal Verification: The broker will conduct a personal verification process to confirm your identity and other details.

• 　　Application Processing: Once verification is complete, the application will be processed, which typically takes 2-3 days to activate the trading account.

• 　　Receive Account Details: After successful processing, you will receive your unique client code and account number, allowing you to access your trading account.

　　By following these steps, you can successfully open a trading account with DPS Global Markets and start your trading journey.