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Honors broker Accounts

HonorFX Account Type

HonorFX offers several types of trading accounts to cater to different trading styles and preferences. The available account types include:

  • Standard Account:
    • Minimum Deposit: $1
    • Leverage: Up to 1:500
    • Spreads: Floating spreads starting from 1.5 pips
    • Swap-Free Option: Not available
    • Premium Account:
      • Minimum Deposit: Varies
      • Leverage: Up to 1:500
      • Spreads: Floating spreads starting from 1.8 pips
      • Swap-Free Option: Available for major currency pairs and spot metals
      • ECN Account:
        • Minimum Deposit: $10,000
        • Leverage: Up to 1:200
        • Spreads: Starting from 0.2 pips
        • Commission: $7 per lot
        • Swap-Free Option: Not available
        • Demo Account:
          • Allows traders to practice trading conditions with virtual funds.

          HonorFX provides access to over 275 financial instruments, including currency pairs and CFDs, through the MetaTrader 5 platform.

          HonorFX Broker Account Opening Process

          Opening an account with HonorFX is a straightforward process that involves the following steps:

          • Registration:
            • Visit the HonorFX website and click on the "Start Trading Now" or "Register" button.
            • Fill out a registration form with personal information (name, phone number, email, address) and create a password.
            • Verification:
              • After confirming your email, you will need to pass verification by uploading necessary documents.
              • Add your personal bank account details for withdrawals.
              • Account Types:
                • Choose the type of account you wish to open (Standard, Premium, or ECN) based on your trading needs.
                • Funding:
                  • Deposit funds into your trading account using various methods such as bank transfer, Visa, Mastercard, and local payment providers.
                  • Trading:
                    • Once your account is funded, you can start trading using the MetaTrader 5 platform.

                    For more details, visit the HonorFX website: HonorFX

Honors accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Honors Account