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GMG Markets Account Type
GMG Markets offers two main types of trading accounts tailored to different trader experience levels:
- Standard Account
- Minimum Deposit: $200
- Leverage: Up to 1:30 for major currencies
- Spread: From 1.1 pips
- Commission: None
- Pro Account
- Minimum Deposit: $10,000
- Leverage: Up to 1:400 for professional clients
- Spread: From 0.1 pips
- Commission: $10 per lot
These account types cater to both novice and experienced traders, providing options for varying trading strategies and capital requirements.
GMG Markets Broker Account Opening Process
Opening an account with GMG Markets is a straightforward process that involves the following steps:
- Visit the Website: Go to the GMG Markets website.
- Choose Account Type: Review the available account types (Standard or Pro) and select the one that suits your trading needs.
- Complete Application Form: Fill out the online application form with your personal information.
- Verification: After submitting the application, you will receive a username and password to access your account.
- Fund Your Account: Arrange for the transfer of funds to your trading account via bank wire or credit/debit card.
- Start Trading: Once your account is funded, you can begin trading using the available platforms (MT4 or MT5).
The entire process is designed to be efficient and user-friendly, ensuring that traders can quickly start their trading journey.
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Account info similar to that of a broker
GMG 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.