EGM Securities offers three main account types for traders: the Executive Account, the Premiere Account, and an Islamic Account.
1. Executive Account
- Minimum Deposit: $15
- Spreads: Starting from 1.4 pips
- Commission: No commission charges
- Minimum Trade Size: 0.01 lots
- Maximum Volume per Trade: 150 lots for major pairs
- Customer Support: 24/6
2. Premiere Account
- Minimum Deposit: $100
- Spreads: Starting from 0.0 pips
- Commission: $70 per $1 million on forex and $7 per standard lot round turn on precious metals
- Minimum Trade Size: 0.01 lots
- Maximum Volume per Trade: 150 lots for major pairs
- Customer Support: 24/6
3. Islamic Account
- Availability: Offered to traders who follow Sharia law
- Features: Swap-free options without overnight fees
- Process: Traders must first open a live account and then request a conversion to an Islamic account.
EGM Securities Broker Account Opening Process
To start trading with EGM Securities, follow these steps:
Step 1: Register and Open an Account
- Visit the EGM Securities website and click on the "Open Account" link.
- Complete the online contact details form with your first and last name, country of residence, phone number, and email address.
Step 2: Update Your Documents
- Verify your account by uploading the required documents:
- Passport or ID: A valid copy of your passport or government-issued photo ID (front and back).
- Address Verification: A document showing your full name and residential address issued within the last 12 months (e.g., bank statement, utility bill).
Step 3: Make Your First Deposit
- After your account is approved, make your first deposit using available options like bank transfers, credit/debit cards, or e-wallets.
Step 4: Start Trading
- Once your deposit is processed, you can start trading using the MetaTrader 4 or MetaTrader 5 platforms.
For detailed assistance, you can refer to the EGM Securities Help Center.
EGM Securities accounts can be viewed for products that can be traded 62 currency pairs, 6 precious metals, 37 CFD instruments, 240+ Shares accounts with a minimum deposit of $100 by (2+) --.