Hive Markets Account Type

Hive Markets offers a variety of account types to cater to different trading preferences and strategies. The available account types include:

• ECN Account
• Leverage: Up to 1:500
• Typical Spreads: From 0.8 pips
• Commission per Lot: Starting from $7.50
• Available Trading Pairs: 200+
• Pro Account
• Leverage: Up to 1:500
• Typical Spreads: From 0.4 pips
• Commission per Lot: Starting from $8.50
• Available Trading Pairs: 200+
• Var Account
• Leverage: Up to 1:500
• Typical Spreads: From 1.2 pips
• Commission per Lot: $0.00
• Available Trading Pairs: 200+
• Mini Account
• Leverage: Up to 1:500
• Typical Spreads: From 1.0 pips
• Commission per Lot: Starting from $1.00
• Available Trading Pairs: 29
• Islamic Account
• Leverage: Up to 1:500
• Typical Spreads: From 0.8 pips
• Commission per Lot: Starting from $7.50
• Available Trading Pairs: 200+

Each account type is designed to meet the needs of different traders, whether they prefer tighter spreads, zero commissions, or specific trading conditions.

Hive Markets Broker Account Opening Process

To create a live trading account with Hive Markets, follow these steps:

• Deposit Funds: Before creating your live trading account, you need to deposit funds into your account.
• Access My Accounts: Click or tap on the "My Accounts" tab on your Hive Markets account.
• Select Account Type: Choose your preferred account type (e.g., ECN, Pro, Var, Mini, or Islamic), platform (Trade Locker or MT4), currency, and leverage.
• Account Creation: Your newly created live account will now appear under the accounts section.
• Receive Credentials: You will shortly receive your login credentials via email.

By following these steps, you can successfully open a trading account with Hive Markets and start trading in various financial markets.