MAKASKY offers two main types of trading accounts to cater to the diverse needs of traders:
- Demo Account:
- Ideal for beginners, allowing them to practice trading without financial risk.
- Provides a safe environment to test strategies and gain confidence.
- Typically has minimal deposit requirements and allows micro-lot trading.
- Standard Account:
- Designed for traders seeking a balance between affordability and flexibility.
- Provides access to the full range of MAKASKY's instruments.
- Supports competitive spreads and offers leverage options to accommodate different risk appetites.
Both account types utilize the MetaTrader 4 trading platform, enabling traders to engage in various trading strategies effectively.
MAKASKY Broker Account Opening Process
To open an account with MAKASKY, follow these steps:
- Select Account Type:
- Choose between a personal or company account.
- For personal accounts, provide identification documents such as a passport or driving license.
- For company accounts, submit extensive documentation including CEO/executive IDs, company registration, financial reports, and board meeting minutes.
- Download and Agree to Policies:
- Download and review the terms and conditions, privacy policy, anti-money laundering policy, and risk warning & disclaimer.
- Agree to these policies.
- Prepare and Submit Documents:
- Scan and zip all required documents, ensuring a file size limit of 10 MB.
- For personal accounts, send the zip file through the online form; for company accounts, submit originals to the MAKASKY office.
- Review and Confirm Fees:
- Understand and acknowledge the trading fees (free for deposits, withdrawals, and changing leverage/lot size).
- Acknowledge that bank charges will be borne by you.
- Acknowledge High-Risk Warning:
- Acknowledge the high-risk nature of forex trading and understand the significant risk of losing all funds.
- Only trade with capital that you can afford to lose and seek independent financial advice if necessary.
- Submit Application and Await Approval:
- Submit your application along with the required documents.
- MAKASKY will review your submission, and you will be notified of the decision via email.
MAKASKY accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .