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Pros

Multiple account types offered
Leverage up to 1:500 for all account types
Supports MT4 trading platform

Cons

No regulatory license
No segregated accounts
Limited payment options (only bank transfers)

Elite FX broker Accounts

Elite FX Account Types

Elite FX offers three types of trading accounts designed to cater to different trading styles and preferences. The account types are:

  • Micro Account:
    • Minimum Deposit: Not specified
    • Leverage: Up to 1:500
    • Spreads: Fixed from 3 pips on the EUR/USD pair
    • Mini Account:
      • Minimum Deposit: $2,000
      • Leverage: Up to 1:500
      • Spreads: Fixed from 3 pips on the EUR/USD pair
      • Standard Account:
        • Minimum Deposit: $5,000
        • Leverage: Up to 1:500
        • Spreads: Fixed from 3 pips on the EUR/USD pair

        All accounts support the MetaTrader 4 (MT4) trading platform and offer Islamic (swap-free) accounts for those following Sharia law.

        Elite FX Broker Account Opening Process

        To open a trading account with Elite FX, follow these steps:

        • Visit the Website: Go to the official Elite FX website.
        • Account Registration: Click on the "Open a Trading Account" button on the homepage.
        • Fill in the Registration Form: Provide the required personal information in the registration form.
        • Submit Identification Documents: Upload any necessary identification documents for verification.
        • Account Approval: Wait for the account to be approved, which may require additional verification steps.
        • Deposit Funds: Once your account is approved, deposit the required minimum amount to start trading.
        • For more information, you can refer to the following sources:

Elite FX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Elite FX Account