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Fox Markets Forex Broker keeps up-to-date with the latest trading account information, including Standard, STP maximum leverage of 1-400, trading varieties, and more
Rating Index
Pros
Low minimum deposit requirement, allowing traders to start with minimal capital.
Access to popular trading platform MetaTrader 4, which offers a range of features for traders.
Diverse range of tradable assets, including forex, cryptocurrencies, and commodities.
Cons
Unregulated broker, which raises concerns about the safety of client funds and investor protection.
High spreads and leverage ratios that exceed standard regulatory limits, posing increased risk to traders.
Lack of transparency regarding minimum deposit requirements and withdrawal conditions, leading to potential confusion for clients.
Fox Markets broker Accounts
Standard
Environment
--
Currency
--
Maximum Leverage
1-400
SupportedEA
Minimum Deposit
--
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
10 $
Products
--
STP
Environment
--
Currency
--
Maximum Leverage
1-400
SupportedEA
Minimum Deposit
--
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
5 $
Products
--
Fox Markets Account Type
Fox Markets offers several types of trading accounts to cater to different trading needs:
- Demo Account: Ideal for beginners to practice trading without risking real money.
- Cent Account: Provides access to leverage of up to 1:500, allowing traders to potentially earn significant profits with a lower risk of loss.
- STP Account: Offers ultra-fast execution speeds and competitive spreads by routing trades directly to liquidity providers.
- Expert Account: Tailored for experienced traders, requiring a minimum deposit of $100,000, with bespoke plans created to meet specific trading strategies.
- Visit the Website: Go to the official Fox Markets website.
- Registration Form: Complete the online registration form with your personal details.
- Trading Test: Take a quick trading test to assess your knowledge of forex trading.
- KYC Verification: Submit proof of identity and proof of address to verify your account.
- Select Account Type: Choose the type of account you wish to open (Demo, Cent, STP, or Expert).
- Fund Your Account: Deposit funds into your trading account to start trading.
Each account type comes with different features regarding leverage, spreads, and commissions, making it essential for traders to choose the one that best aligns with their trading goals.
Fox Markets Broker Account Opening Process
To open an account with Fox Markets, follow these steps:
After completing these steps, you will be able to access the trading platform and begin your trading journey.
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