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Fargo Markets Forex Broker keeps up-to-date with the latest trading account information, including VIP, GOLD, SILVER, CLASSIC maximum leverage of 1:100, trading varieties, and more
Rating Index
Pros
Offers a wide range of investment options for traders looking to diversify their portfolios.
User-friendly platform design that may appeal to both novice and experienced traders.
Potential for high leverage, allowing traders to maximize their positions.
Cons
Lacks proper regulation and oversight from reputable financial authorities, raising concerns about safety and legitimacy.
Numerous complaints regarding withdrawal issues and unresponsive customer support, indicating potential operational problems.
Negative reviews and reports suggest a high risk of scams, which can lead to significant financial losses for investors.
Fargo Markets broker Accounts
VIP
Environment
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Currency
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Maximum Leverage
1:100
SupportedEA
Minimum Deposit
$100,000
Minimum Spread
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Depositing Method
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Withdrawal Method
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Minimum position
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Commission
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Products
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GOLD
Environment
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Currency
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Maximum Leverage
1:50
SupportedEA
Minimum Deposit
$50,000
Minimum Spread
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Depositing Method
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Withdrawal Method
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Minimum position
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Commission
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Products
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SILVER
Environment
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Currency
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Maximum Leverage
1:25
SupportedEA
Minimum Deposit
$10,000
Minimum Spread
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Depositing Method
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Withdrawal Method
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Minimum position
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Commission
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Products
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CLASSIC
Environment
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Currency
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Maximum Leverage
1:10
SupportedEA
Minimum Deposit
$5,000
Minimum Spread
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Depositing Method
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Withdrawal Method
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Minimum position
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Commission
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Products
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Fargo Markets Account Type
Fargo Markets offers several account types tailored to meet the needs of different traders. The account types include:
- Classic Account
- Minimum Deposit: $5,000
- Leverage: 1:10
- Spreads: 100 bps
- Protected Trades per Month: 5
- Maximum Capital Exposure: 100%
- Strategy: Diversified portfolio with a focus on long-term investments.
- Silver Account
- Minimum Deposit: $10,000
- Leverage: 1:25
- Spreads: 75 bps
- Protected Trades per Month: 10
- Maximum Capital Exposure: 90%
- Strategy: HFT trading with algorithmic strategies.
- Gold Account
- Minimum Deposit: $50,000
- Leverage: 1:50
- Spreads: 50 bps
- Protected Trades per Month: 15
- Maximum Capital Exposure: 65%
- Strategy: HFT trading with a combination of algorithmic and manual strategies.
- VIP Account
- Minimum Deposit: $100,000
- Leverage: 1:100
- Spreads: 25 bps
- Protected Trades per Month: 20
- Maximum Capital Exposure: 45%
- Strategy: Diversified portfolio with a focus on long-term investments, along with VIP market insights and research.
- Visit the Website: Go to the Fargo Markets website.
- Select Account Type: Choose the account type that suits your trading needs (Classic, Silver, Gold, or VIP).
- Complete the Application: Fill out the online application form with your personal details and trading experience.
- Submit Required Documents: Provide necessary identification documents such as a government-issued ID and proof of address.
- Fund Your Account: Deposit the required minimum amount based on the account type selected.
- Start Trading: Once your account is approved and funded, you can begin trading using the platform provided by Fargo Markets.
Fargo Markets Broker Account Opening Process
To open a trading account with Fargo Markets, follow these steps:
For more details, you can visit Fargo Markets.
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