Finam Forex Account Type

　　Finam Forex offers only one type of live trading account. Here are the key features of the account:

• Minimum Deposit: $0
• Leverage: Up to 1:40 for qualified traders and 1:35 for unqualified traders.
• Spreads: Fixed spreads starting from 0.6 pips on the USD/EUR pair.
• Commission: None.
• Minimum Lot Size: 0.01.
• Trading Platforms: Available on MetaTrader 4, MetaTrader 5, Quik, Transa Q, and the in-house Finam Trade platform.
• Instruments Offered: 27 forex currency pairs, stocks, commodities, indices, oil, and gold.

　　Additionally, Finam Forex provides a demo account that can be used indefinitely for practice and strategy testing.

　　

Finam Forex Broker Account Opening Process

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

• Visit the Official Website: Go to finam.ru.
• Click on Registration: Locate the “registration” button on the top right corner of the page.
• Fill Out the Registration Form:
• Provide your first name, last name, email address, and phone number.
• Create a strong password and confirm it.
• Verify your phone number by entering the SMS code received.
• Identity Confirmation: Upload a copy of your passport (main page and registration page).
• Complete Additional Information: Optionally provide your TIN and SNILS, and write your registration and permanent address.
• Connect SMS Signature: Agree to receive one-time passwords for security purposes.
• Account Approval: Once your application is submitted, you can track its status. If approved, your brokerage account will be opened.

　　After the general brokerage account is opened, you can log into your personal cabinet and click on “open forex account” to proceed with trading.