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Pros

Offers a demo account for practice, allowing users to hone their trading skills without financial risk.
Provides multiple account types with varying features, catering to different trading styles and preferences.
Simple deposit process, with funds reflecting in trading accounts within 24 hours.

Cons

Unregulated and lacks a valid regulatory license, posing high risks for investors.
Difficulty in withdrawing funds, with many users reporting issues and partial withdrawals.
Poor customer support, often resulting in long wait times and unhelpful responses.

MiniMax broker Accounts

Minimax Account Type

Minimax offers several types of trading accounts to cater to different investor needs. The primary account types include:

  • Standard STP Account:
    • Minimum Trading Volume: 0.01 Lot
    • Maximum Trading Volume: 100 Lots
    • Raw ECN Account:
      • Minimum Trading Volume: 0.01 Lot
      • Maximum Trading Volume: 100 Lots
      • Pro ECN Account:
        • Minimum Trading Volume: 0.01 Lot
        • Maximum Trading Volume: 100 Lots
        • Swap-Free Standard STP Account:
          • Minimum Trading Volume: 0.01 Lot
          • Maximum Trading Volume: 100 Lots
          • Swap-Free Raw ECN Account:
            • Minimum Trading Volume: 0.01 Lot
            • Maximum Trading Volume: 100 Lots

            Each account type is designed to meet the varying needs of traders, whether they prefer a straightforward approach or require advanced trading options.

            Minimax Broker Account Opening Process

            Opening a broker account with Minimax involves a straightforward process:

            • Choose Your Account Type: Select the account type that best suits your trading style and requirements.

            • Complete the Application: Fill out the application form, providing necessary personal information such as your full name, address, and identification details.

            • Submit Required Documents: Prepare and submit any required documentation, which may include proof of identity and address.

            • Fund Your Account: After your application is approved, fund your account using available payment methods. Ensure you meet any minimum deposit requirements associated with your chosen account type.

            • Start Trading: Once your account is funded, you can begin trading on the Minimax platform, utilizing the features and tools available for your selected account type.

            • For more information, visit the official Minimax website.

MiniMax accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
MiniMax Account