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FXORO broker Accounts
FXORO Account Type
FXORO offers several types of trading accounts tailored to meet the diverse needs of traders. The main account types include:
- Fixed Spread Account:
- Spread: Fixed at 2 pips.
- Commission: No commission charged.
- Leverage: Up to 1:400.
- Minimum Deposit: $200.
- Islamic Account: Available upon request.
- Floating Spread Account:
- Spread: Starts from 1.2 pips, varying with market conditions.
- Commission: No commission charged.
- Leverage: Up to 1:400.
- Minimum Deposit: $200.
- Stop Out Level: 25%.
- Islamic Account: Available upon request.
- ECN Account:
- Spread: Starts from 0 pips.
- Commission: $6 per lot.
- Leverage: Up to 1:100.
- Minimum Deposit: $5,000.
- Islamic Account: Available upon request.
These accounts cater to both novice and experienced traders, providing options for those who prefer fixed costs as well as those who are comfortable with variable spreads.
FXORO Broker Account Opening Process
To open a trading account with FXORO, follow these steps:
- Visit the FXORO Website: Go to fxoro.com.
- Click on the Registration Button: Locate and click the “Register” button in the top right corner.
- Fill in the Registration Form: Provide your first name, last name, country of residence, mobile phone number, and email address. Ensure all information is accurate.
- Agree to the Terms: Read and accept the privacy policy, risk warning, and terms of use.
- Submit the Form: Click the “Join” button to submit your registration request.
- Account Verification: After registration, verify your account by submitting a copy of your identification document (passport or ID card) and a recent utility bill or bank statement confirming your address.
- Deposit Funds: Fund your account using various methods, with a minimum deposit of $200.
Once your account is verified and funded, you can start trading on the FXORO platform.
Sources:
Account info similar to that of a broker
FXORO accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities,
Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.