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Mugan Markets broker Accounts
Mugan Markets offers three main types of trading accounts to cater to different trading styles and preferences:
- Classic ECN Account
- Spreads: Starting from 0.9 pips
- Commission: None
- Max Leverage: 1:500
- Min Lot Size: 0.01
- Min Deposit: $50
- Account Currencies: USD, EUR, GBP, BTC, ZAR, NGN, GHS, KES
- Trader ECN Account
- Spreads: Starting from 0.0 pips
- Commission: $8 per side
- Max Leverage: 1:500
- Min Lot Size: 0.01
- Min Deposit: $50
- Account Currencies: USD, EUR, GBP, BTC, ZAR, NGN, GHS, KES
- Custom ECN Account
- Spreads: Starting from 0.0 pips
- Commission: Custom (based on individual trading preferences)
- Max Leverage: 1:500
- Min Lot Size: 0.01
- Min Deposit: $10,000
- Account Currencies: USD, EUR, GBP, ZAR
These account types provide flexibility for traders ranging from beginners to experienced professionals, allowing them to choose the most suitable conditions for their trading strategies.
Mugan Markets Broker Account Opening Process
To open an account with Mugan Markets, follow these steps:
- Fill Information: Provide your first name, last name, email address, and create a password (up to 14 characters).
- Select Country: Choose your country from the list provided.
- Enter Phone Details: Input your country code and phone number.
- Account Currency: Choose the desired account currency for your transactions.
- Account Type: Select the type of account you wish to open (Classic ECN, Trader ECN, or Custom ECN).
- Leverage: Specify the leverage level for your trading activities.
- Agree to Terms: Confirm that you have read, understood, and accepted Mugan Markets' terms and conditions.
- KYC Acknowledgement: Confirm that you have read and understood the KYC (Know Your Customer) requirements.
- Submission: Click the “Submit” button to complete the account opening process.
The minimum deposit required to start trading is $50 for Classic ECN and Trader ECN accounts, while a minimum of $10,000 is required for the Custom ECN account.
For more information, please visit the following sources:
Mugan Markets Similar Broker Accounts
Mugan Markets accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $50 by (2+) --.