GEMFOREX Account Type

GEMFOREX offers two main types of trading accounts: All-in-One Account and No Spread Account.

• All-in-One Account
• Minimum Deposit: $1
• Maximum Leverage: 1:1000
• Spread: Starts from 1.2 pips
• Commission: No commission fees
• Minimum Trade Volume: 0.01 lots
• Trading Platform: MT4
• Bonus Eligibility: Yes, includes various bonuses
• EA and Scalping: Allowed
• No Spread Account
• Minimum Deposit: $3,000
• Maximum Leverage: 1:1000
• Spread: Starts from 0.0 pips (but not always zero)
• Commission: No commission fees
• Minimum Trade Volume: 0.01 lots
• Trading Platform: MT4
• Bonus Eligibility: No bonuses available
• EA and Scalping: Not allowed

Both account types allow for a maximum of 30 positions and 30 lots per ticket, and they feature negative balance protection.

GEMFOREX Broker Account Opening Process

To open an account with GEMFOREX, follow these steps:

• Visit the Official Website: Go to the GEMFOREX official site.
• Select Account Type: Choose between the All-in-One Account or No Spread Account.
• Fill in Registration Details: Enter your name, email address, and other required information.
• Upload Required Documents:
• For individual accounts: Identification (driver's license, passport) and proof of residence (utility bill, bank statement).
• Confirm Registration: Check your email for confirmation and account details.
• Log into Your Account: Use the credentials provided to log into your trading account.
• Deposit Funds: Fund your account using available payment methods (credit card, bank transfer, etc.).
• Start Trading: Once your account is funded, you can begin trading using the MT4 platform.

The entire process is designed to be straightforward and can typically be completed within a few minutes.

For more detailed information, you can refer to the following sources:

• Basic Bank BD - GEMFOREX Account Types
• WikiFX - GEMFOREX Review
• BrokersView - GEMFOREX Review