EssenceFX Account Type

EssenceFX offers several types of trading accounts to cater to different trader preferences and requirements:

• Standard Account:
• Minimum Deposit: $100
• This account type is suitable for beginners and those looking for a hassle-free trading experience.
• Elite Account:
• Minimum Deposit: $10,000
• Designed for more experienced traders who require additional features and benefits.
• Prime Account:
• Minimum Deposit: $50,000
• This account type is tailored for high-volume traders seeking premium services.

All account types allow traders to access a variety of financial instruments including forex, commodities, metals, and indices, with leverage up to 1:500.

EssenceFX Broker Account Opening Process

To open an account with EssenceFX, follow these steps:

• Visit the Website: Go to the official EssenceFX website.
• Choose Account Type: Select the account type that suits your trading needs (Standard, Elite, or Prime).
• Complete Registration: Fill out the registration form with your personal details, including your name, email, and phone number.
• Verify Identity: Submit necessary documents for identity verification, such as a government-issued ID and proof of address.
• Deposit Funds: Fund your account using available payment methods, including credit/debit cards, bank wire transfer, or e-wallets.
• Start Trading: Once your account is verified and funded, you can start trading on the MT4 platform.

By following these steps, you can successfully set up your trading account with EssenceFX and begin your trading journey.