FxNet Account Type

　　FxNet offers three distinct types of trading accounts designed to cater to different trader needs and investment levels:

• Standard Account
• Minimum Deposit: $50
• Spreads: Starting from 2.3 pips
• Leverage: Up to 1:500
• Commission: None
• Order Execution: Market execution
• Maximum Number of Orders: 200
• VIP Account
• Minimum Deposit: $10,000
• Spreads: Starting from 1.9 pips
• Leverage: Up to 1:500
• Commission: None
• Order Execution: Market execution
• Maximum Number of Orders: 200
• 24/5 Brokerage Support: Yes
• Platinum Account
• Minimum Deposit: $25,000
• Spreads: Starting from 0 pips
• Leverage: Up to 1:500
• Commission: $1.2 pips per each closed lot
• Order Execution: Market execution
• Maximum Number of Orders: 200
• 24/5 Brokerage Support: Yes

　　All accounts support a variety of instruments including currencies, commodities, indices, shares, and bonds. They also utilize the popular MetaTrader 4 trading platform, providing mobile and telephone trading options.

　　

FxNet Broker Account Opening Process

　　To open an account with FxNet, follow these steps:

• Visit the FxNet Website: Go to the official FxNet website.
• Choose Account Type: Select the type of account you wish to open (Standard, VIP, or Platinum).
• Fill Out Registration Form: Complete the online registration form with your personal details.
• Submit Verification Documents: Provide necessary identification documents such as a scanned copy of your passport or ID, and proof of residence (e.g., utility bill).
• Complete KYC Process: Undergo the Know Your Customer (KYC) verification process, which is mandatory to ensure compliance with regulations.
• Make Initial Deposit: Fund your account with the minimum deposit required for your chosen account type.
• Start Trading: Once your account is verified and funded, you can download the MetaTrader 4 platform and start trading.

　　The entire process is designed to be straightforward, allowing traders to get started quickly and efficiently.