EGM Securities Account Types

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.