Neo Markets Account Types

Neo Markets offers a variety of account types to cater to different trading needs and experiences. Here are the primary account types available:

• Classic Account:
• Minimum Deposit: $20
• Trading Instruments: 40 currency pairs, 3 metals, 2 CFDs on energy, 10 CFDs on stock indices, 11 cryptocurrencies.
• Leverage: Fixed (up to 500).
• Spreads: From 0.00009.
• Commission: None.
• Transaction Type: Market execution.
• Minimum Contract Size: 0.01 lots.
• Maximum Contract Size: From 20 lots.
• Hedging: Not allowed.
• Trading Platform: MetaTrader 5.
• Hedge Account:
• Minimum Deposit: $20
• Trading Instruments: Same as Classic Account.
• Leverage: Fixed (up to 500).
• Spreads: From 0.00009.
• Commission: None for CFDs; yes for stocks.
• Hedging: Allowed.
• Trading Platform: MetaTrader 5.
• Cent Account:
• Minimum Deposit: $20
• Trading Instruments: Same as Classic Account.
• Leverage: Fixed (up to 500).
• Spreads: From 0.00009.
• Commission: None.
• Minimum Contract Size: 0.0001 lots (suitable for beginners).
• Maximum Open Transactions: 100.
• Hedging: Allowed.
• Trading Platform: MetaTrader 5.
• Swap-Free Account:
• Minimum Deposit: $20
• Trading Instruments: Same as Classic Account.
• Leverage: Fixed (up to 500).
• Commission: Yes.
• Hedging: Allowed.
• Trading Platform: MetaTrader 5.
• Neotrade Pro Account:
• Minimum Deposit: $20
• Trading Instruments: 41 currency pairs, 2 metals, 2 CFDs on energy, 11 CFDs on stock indices, 11 cryptocurrencies, 15652 stocks.
• Leverage: Fixed (up to 100).
• Hedging: Allowed.
• Trading Platform: Neotrade.

Neo Markets Broker Account Opening Process

Opening an account with Neo Markets is a straightforward process. Follow these steps:

• Visit the Website: Go to the Neo Markets homepage.
• Registration: Click on the "Registration" button located at the top-right corner of the homepage.
• Fill in Your Details: Enter your name, email address, phone number, and any other required information.
• Agree to the Privacy Policy: Check the box to indicate your agreement with Neo Markets' privacy policies.
• Submit Registration: Click the "Sign Up" button to complete the initial registration.
• Email Verification: Check your email for a verification link from Neo Markets and click on it to verify your email address.
• Account Funding: Familiarize yourself with the risks associated with trading. Once ready, proceed to fund your trading account.
• Minimum Deposit: $20.
• Deposit Methods: Various payment options including bank transfer, credit card, and cryptocurrency.
• KYC Documentation: Provide necessary identification and proof of address to complete the verification process.

By following these steps, you can successfully open an account and start trading with Neo Markets.