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HG Markets offers a variety of account types for traders, catering to different trading preferences and experience levels. The minimum deposit required to open an account is 6,000 PKR (approximately $22). The trading platform supported is MetaTrader 5 (MT5), which provides advanced features for trading various financial instruments including currency pairs, commodities, and indices. While HG Markets does not specify multiple account types like some brokers, it provides access to demo accounts that allow traders to practice risk-free for 1 month.
The account opening process at HG Markets is straightforward and typically takes 3 to 5 business days for the account to become operational. Heres a step-by-step guide on how to open an account:
Download the Account Opening Form: Clients can either collect a hard copy from any HG Markets office or download the form directly from their website.
Fill Out the Form: Complete the account opening form with the required information.
Submit the Form: Once filled, submit the form to the broker. The information will be processed in the PMEX back-office terminal and the NCCPL KYC terminal.
Verification: HG Markets will verify the submitted information and documentation.
Account Activation: Upon successful verification, the account will be activated, and clients will be notified.
For more detailed documentation requirements or inquiries, clients can contact HG Markets directly or visit their account opening procedure page.