EFX Account Type

　　EFX offers several types of trading accounts tailored to different levels of traders. The account types include:

• Trailing Account:
• Minimum Deposit: $300
• Trade Volume: 0.01 - 0.1 lots
• Spreads: EUR/USD min 1 pip
• Leverage: Up to 200
• Scalping: No
• News Trading: No
• Normal Account:
• Minimum Deposit: $3,000
• Trade Volume: Minimum 0.1 lots
• Spreads: EUR/USD min 1 pip
• Leverage: Up to 100
• Scalping: No
• News Trading: No
• Advance Account:
• Minimum Deposit: $300,000
• Trade Volume: Minimum 1 lot
• Spreads: EUR/USD min 1 pip
• Leverage: Up to 100
• Scalping: Yes
• News Trading: Yes
• VIP Account:
• Minimum Deposit: $500,000
• Trade Volume: Minimum 1 lot
• Spreads: EUR/USD min 1 pip
• Leverage: Up to 100
• Scalping: Yes
• News Trading: Yes

　　All accounts less than $3,000 are classified as micro accounts, while those above $3,000 are standard accounts.

　　

EFX Broker Account Opening Process

　　To open an account with EFX, follow these steps:

• Visit the Website: Go to the EFX official website.
• Choose Account Type: Select the type of account you wish to open based on your trading experience and minimum deposit requirements.
• Fill Out Registration Form: Complete the online registration form with your personal information, including email address and financial background.
• Submit Required Documents: Provide necessary identification documents for verification (e.g., ID, proof of address).
• Deposit Funds: Transfer the minimum deposit amount to activate your trading account.
• Access Trading Platform: Once your account is approved, download the trading platform (e.g., MT4) to start trading.

　　For more detailed information on account types and the opening process, visit the following sources:

• EFX Account Type
• EFX Account Opening Process