Forex Iraq Account Type

Forex Iraq offers three distinct account types tailored to different trading needs: Primitive Account, Progressive Account, and Prime Account.

• Primitive Account:
• Minimum Deposit: $100
• Maximum Leverage: 1:175
• Minimum Spread: Less than 1.5 pips
• Commission: $22
• Supported EA: Yes
• Products Available: 62 currency pairs, 6 precious metals, 37 CFD instruments, and over 240 shares.
• Progressive Account:
• Minimum Deposit: $100
• Maximum Leverage: 1:175
• Minimum Spread: Less than 1.0 pips
• Commission: $21
• Supported EA: Yes
• Products Available: Same as Primitive Account.
• Prime Account:
• Minimum Deposit: $50,000
• Maximum Leverage: 1:175
• Minimum Spread: 0.0 pips
• Commission: $20
• Supported EA: Yes
• Products Available: Same as Primitive Account.

Forex Iraq Broker Account Opening Process

To open an account with Forex Iraq, follow these steps:

• Visit the Website: Go to the Forex Iraq website at forexiraq.net.
• Registration: Click on the “Create an Account” button on the homepage.
• Choose Account Type: Select whether you want a real account or a demo account.
• Fill in Personal Information: Provide your full name, email address, phone number, and any other necessary details.
• Read and Accept Terms: Review the broker's terms and conditions, privacy policy, and other legal agreements, then accept them.
• Verify Identity: You may need to upload a valid ID document and proof of address for security purposes.
• Set Login Credentials: Create a username and password for your account.
• Submit Registration: Click “Submit” or “Register” to complete your account registration. You may receive a confirmation email with further instructions.

These steps will guide you through the process of opening an account with Forex Iraq, allowing you to start trading.

Source: WikiFX