MC Markets Account Type

MC Markets offers a variety of account types to cater to different trading needs. The available account types include:

• Basic Account: Designed for general traders, this account requires a minimum deposit of $100 and provides access to various trading instruments, including forex, commodities, and indices.
• Premier Account: This account is tailored for more experienced traders and requires a monthly fee of HKD 100. It offers additional features and benefits not available in the Basic Account.
• Demo Account: A free demo account is available, allowing traders to practice trading without financial risk. The demo account remains active indefinitely, providing a simulated trading environment.
• Islamic Account: While MC Markets does not offer a swap-free Islamic account, traders can inquire about alternative arrangements.

Each account type has its own features, spreads, and leverage options, ensuring that traders can choose the best fit for their trading strategies.

MC Markets Broker Account Opening Process

Opening an account with MC Markets is a straightforward process. Here are the steps to follow:

• Visit the Website: Go to the MC Markets official website.
• Select Account Type: Choose the type of account you wish to open (Basic or Premier).
• Fill Out the Application: Complete the online application form with your personal details, including email and password.
• Verification: MC Markets will send a verification code to your email. Enter this code to proceed.
• Document Submission: Upload a copy of your ID and proof of residency to comply with regulatory requirements.
• Initial Deposit: Make an initial deposit (minimum $100 recommended for Basic Account) to complete the account setup.
• Confirmation: You will receive a confirmation email with your account details.

By following these steps, you can quickly set up your trading account and start trading with MC Markets.