JMI Brokers Account Type

JMI Brokers offers three main types of live trading accounts, catering to different levels of trading experience and capital requirements:

• Micro Account:
• Minimum Deposit: $100
• Leverage: Up to 1:400
• Spreads: Approximately 2 pips on major currency pairs
• Suitable for: Beginners or those with limited funds.
• Standard Account:
• Minimum Deposit: $500
• Leverage: Up to 1:200
• Spreads: Approximately 2 pips on major currency pairs
• Suitable for: Intermediate traders seeking a broader range of features.
• Pro Account:
• Minimum Deposit: $50,000
• Leverage: Up to 1:100
• Spreads: Competitive spreads with enhanced trading conditions
• Suitable for: Experienced and high-volume traders.

JMI Brokers Account Opening Process

To open an account with JMI Brokers, follow these steps:

• Complete the Application:
• Fill out the online application form available on the JMI Brokers website.
• Submit Required Documents:
• Download and sign the customer account agreement.
• Provide a clear copy of your valid passport and a utility bill as proof of residence.
• Send the required documents via fax (+971 26594 258) or email (support@jmibrokers.com).
• Account Verification:
• JMI Brokers' compliance department will review and validate your application, which typically takes about 2 business days for individual accounts.
• Account Setup:
• Once approved, you will receive your account number and wiring instructions to fund your account.
• Fund Your Account:
• Wire the required funds to the designated bank account. Note that third-party transfers are not accepted.
• Start Trading:
• Your trading account will be credited once the wire transfer is processed, allowing you to begin trading.

For more detailed information, you can visit the official website: JMI Brokers.