MogaFX Account Type

MogaFX offers a variety of account types designed to cater to different trading needs and preferences. Here are the available account types:

• Standard Account
• Minimum Deposit: $1,000
• Spreads: From 2.5 pips
• Maximum Leverage: Up to 1:500
• VIP Account
• Minimum Deposit: $10,000
• Spreads: From 1.5 pips
• Maximum Leverage: Up to 1:500
• ECN Account
• Minimum Deposit: $50,000
• Spreads: From 0 pips
• Commission: $8 per trade
• Maximum Leverage: Up to 1:500
• Raw Spread Account
• Minimum Deposit: $10,000
• Spreads: From 0 pips
• Commission: $8 per trade
• Maximum Leverage: Up to 1:500
• M1 Account
• Minimum Deposit: $10,000
• Spreads: From 1.5 pips
• Maximum Leverage: Up to 1:500
• Swap-Free Account
• Minimum Deposit: $5,000
• Spreads: From 2.8 pips
• Maximum Leverage: Up to 1:100

Each account type is tailored to accommodate various trading strategies and levels of experience.

MogaFX Broker Account Opening Process

To open an account with MogaFX, follow these steps:

• Visit the MogaFX Website: Navigate to the official MogaFX website.
• Select Account Type: Choose the account type that best suits your trading needs.
• Fill Out Registration Form: Provide your personal information, including name, email address, and phone number.
• Verification: Complete the verification process by submitting the required identification documents.
• Deposit Funds: Make a minimum deposit according to the selected account type.
• Download Trading Platform: Once your account is approved, download your preferred trading platform (MT4 or MT5).
• Start Trading: Log in to your account and begin trading.

This process ensures that you are ready to trade efficiently and securely.

Source: BrokersView