MarcoFX offers a variety of trading accounts to cater to different trading needs and styles. The primary account types include:
- Basic Account
- Minimum Deposit: $500 - $5,000
- Spreads: 1.9 pips
- Leverage: Up to 1:500
- Scalping: Not allowed
- Profit Limit: $12,000 - $35,600
- Negative Balance Protection: Yes
- Silver Account
- Minimum Deposit: $6,000 - $10,000
- Spreads: 1.5 pips
- Leverage: Up to 1:500
- Scalping: Allowed
- Profit Limit: $25,000 - $35,000
- Negative Balance Protection: Yes
- Gold Account
- Minimum Deposit: $20,000 - $50,000
- Spreads: 1.2 pips
- Leverage: Up to 1:500
- Scalping: Allowed
- Profit Limit: $60,000 - $75,000
- Negative Balance Protection: Yes
- Long Term Account
- Minimum Deposit: Cumulative investment met
- Spreads: 0.6 pips
- Leverage: Up to 1:500
- Scalping: Allowed
- Profit Limit: Specified duration of time
- Negative Balance Protection: Yes
Each account type offers unique features such as personal account management, daily market review, and access to educational resources.
MarcoFX Broker Account Opening Process
Opening an account with MarcoFX is a straightforward process that can be completed in three easy steps:
- Submit Your Application
- Fill out the online application form, which should take no more than 2 minutes.
- Upload Your Documents
- Provide necessary identification and documents to verify your identity.
- Fund Your Account
- Deposit funds into your newly created live account, and you are all set to start trading.
Additionally, MarcoFX guarantees execution speed of less than 90 ms, offers 24-hour deposit processing, and allows live account applications at any time, making it convenient for traders to get started.
MarcoFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .