Finam Forex Account Types

　　Finam Forex offers only one type of live trading account, which has the following features:

• Minimum Deposit: $0
• Leverage: Up to 1:40 for qualified traders; 1:35 for unqualified traders.
• Spreads: Fixed spreads starting from 0.6 pips on USD/EUR.
• Commission: None.
• Minimum Lot Size: 0.01.
• Trading Instruments: Access to over 27 forex currency pairs, stocks, commodities, indices, oil, and gold.
• Trading Platforms: Available on MetaTrader 4, MetaTrader 5, and proprietary platforms like Finam Trade.

　　In addition to the live account, Finam Forex also provides a demo account that is free to open, funded with 500,000 RUB, and does not expire, allowing traders to practice trading without any risk.

　　

Finam Forex Broker Account Opening Process

　　To open an account with Finam Forex, follow these steps:

• Visit the Official Website: Go to forex.finam.ru.
• Registration: Click on the “Registration” button.
• Fill Out the Registration Form: Provide your first name, last name, email address, and phone number. Ensure that all information is accurate.
• Create a Password: Choose a strong password that includes upper and lower case letters, numbers, and special symbols.
• Confirm Phone Number: Enter the SMS code sent to your phone.
• Identity Verification: Upload a clear copy of your passport and any other required documents.
• Open Forex Account: Log into your personal cabinet and click “Open Forex Account” to complete the process.

　　The demo account can be opened similarly, requiring only basic information. The demo account is funded with 500,000 RUB and allows traders to explore the platform risk-free.

　　For more details, visit the sources:

• Finam Forex Account Types Reviewed 2023
• Finam Forex Review 2023