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fxonet broker Accounts

  

FxNet Account Type

  FxNet offers three different account types tailored to meet the needs of various traders, from beginners to professionals. The account types include:

  • Standard Account
    • Minimum Deposit: $50
    • Spread: Starts from 2.3 pips
    • Leverage: Up to 1:30 for EU residents, up to 1:500 for offshore clients
    • Commission: None
    • Suitable For: Beginner traders
    • VIP Account
      • Minimum Deposit: $10,000
      • Spread: Starts from 1.9 pips
      • Leverage: Up to 1:30 for EU residents, up to 1:500 for offshore clients
      • Commission: None
      • Suitable For: Intermediate traders seeking better trading conditions
      • Premium Account
        • Minimum Deposit: $25,000
        • Spread: 0 pips with a commission of 1.2 pips per closed lot
        • Leverage: Up to 1:30 for EU residents, up to 1:500 for offshore clients
        • Commission: Yes
        • Suitable For: Professional traders looking for raw spreads and lower trading costs

          All accounts offer access to a variety of trading instruments, including currencies, metals, shares, bonds, commodities, and indices.

          

        FxNet Broker Account Opening Process

          Opening an account with FxNet is a straightforward process that involves the following steps:

        •   Choose Your Account Type: Decide on the account type that best suits your trading needs (Standard, VIP, or Premium).

        •   Complete the Application: Fill out the online application form with your personal details, including your name, address, date of birth, and email.

        •   Submit Identification Documents: To comply with regulatory requirements, you will need to provide proof of identity and residence. Acceptable documents include:

          • A government-issued photo ID (passport, national ID card, or driver's license)
          • A utility bill or bank statement showing your address
          •   Account Verification: After submitting your documents, FxNet will review them, which typically takes a few days. Upon approval, your account will be activated.

          •   Fund Your Account: Deposit funds into your account using various payment methods such as credit/debit cards, bank transfers, or e-wallets. The minimum deposit for a standard account is $50.

          •   Start Trading: Once your account is funded, you can begin trading on the FxNet platform, leveraging the tools and resources provided.

          •   For more detailed information, you can visit FxNet's official website.

fxonet accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
fxonet Account