FxBay Live Account Types

FxBay Live offers three distinct types of trading accounts designed to cater to different trading needs and capital levels:

• ECN Account
• Minimum Deposit: $100 - $1000
• Leverage: 1:1 - 1:500
• Spread: From 0.8 pips
• Commission: No commissions
• Minimum Trade Size: 1 micro lot (0.01)
• Pro Account
• Minimum Deposit: $500 - $5000
• Leverage: 1:1 - 1:400
• Spread: From 2 pips
• Commission: No commissions
• Minimum Trade Size: 1 micro lot (0.01)
• VIP Account
• Minimum Deposit: $10,000 - Unlimited
• Leverage: 1:1 - 1:100
• Spread: From 0.5 pips
• Commission: No commissions
• Minimum Trade Size: 1 micro lot (0.01)

All accounts provide access to a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies, with no commission fees on trades.

FxBay Live Broker Account Opening Process

Opening an account with FxBay Live is a straightforward process:

• Sign Up:
• Visit the FxBay Live website and click on the “Sign Up” link.
• Fill Out the Application:
• Complete the required online application form with personal details.
• Upload Documents:
• Provide proof of identity (color copy of ID card or passport) and proof of residence (recent utility bill).
• Choose Payment Method:
• Select your preferred payment method to fund your account.
• Start Trading:
• Once your application is processed and your account is validated, you will receive your login credentials to access your trading account.

The minimum deposit required to open an account is $100, and the entire process can usually be completed within a few minutes.