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License
eXp Realty offers several account types for agents looking to join the platform, including:
Standard Account: This is the most common account type, allowing agents to access standard lots of currency, typically worth $100,000. It requires a minimum balance of $2,000 to $10,000 to open and is suitable for experienced traders.
Mini Account: Designed for beginners or those with limited funds, this account allows trading in mini lots worth $10,000. It has a lower capital requirement, typically starting at $250 to $500, and offers higher leverage (up to 400:1).
Managed Account: In this account type, a professional portfolio manager makes trading decisions on behalf of the investor. It requires a minimum investment of $2,000 for pooled funds and $10,000 for individual accounts.
To open an account with eXp Realty, follow these steps:
Submit Application: Go to join.exprealty.com and choose “apply as an agent.” Fill out the application form with your personal and professional information.
Choose a Sponsor: During the application process, select a sponsor who will guide you through your onboarding journey.
Independent Contractor Agreement: After submitting your application, you will receive an email containing your Independent Contractor Agreement (ICA) for review and signature.
License Transfer: Contact your current broker to initiate the transfer of your real estate license to eXp Realty. Ensure that all necessary documents are submitted correctly to avoid delays.
Set Up Email Alias: Once your license transfer is confirmed, set up your eXp email alias to gain full access to eXp's resources.
Activate Your Account: After completing the above steps, you will receive a welcome email and instructions to activate your eXp account, allowing you to start using the platform's tools and services.
By following these steps, you can successfully open an account with eXp Realty and begin your journey as a real estate agent on their platform.
Explore broker markets account types: forex/trading accounts with demo access.