Mentor FX Account Type

Mentor FX offers three types of trading accounts, each designed to cater to different levels of traders. The account types are as follows:

• Standard Account
• Minimum Deposit: $250
• Leverage: Up to 1:100
• Premium Account
• Minimum Deposit: $5,000
• Leverage: Up to 1:200
• VIP Account
• Minimum Deposit: $10,000
• Leverage: Up to 1:500

All account types provide access to a wide range of trading instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies. However, it is important to note that there is no demo account available for potential traders to practice before committing real funds.

Mentor FX Broker Account Opening Process

To open a broker account with Mentor FX, follow these steps:

• Visit the Website: Go to the Mentor FX website (currently unavailable).
• Choose Account Type: Select the desired account type based on your trading experience and minimum deposit preference.
• Complete Registration Form: Fill out the registration form with your personal information, including name, address, email, and phone number.
• Deposit Funds: Make the required minimum deposit using the available payment methods, such as credit cards or bank wire.
• Account Verification: You may need to verify your identity, which could include providing documentation like a government-issued ID and proof of address.
• Start Trading: Once your account is verified and funded, you can begin trading on their platform.

Please be aware that Mentor FX is an unregulated offshore broker, which poses significant risks to your funds. It is advisable to consider these risks before proceeding with opening an account.