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NexGen broker Accounts
NexGen Account Types
NexGen offers a variety of account types tailored to meet the needs of different traders. Each account type comes with specific benefits based on the size of the initial deposit, allowing traders to choose the level that best suits their trading experience and financial goals. The available account types include:
- Standard Account
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Spreads from: 2.0 pips
- Ideal for beginner traders.
- Premium Account
- Minimum Deposit: $500
- Maximum Leverage: 1:500
- Spreads from: 1.2 pips
- Designed for intermediate traders.
- ECN Pro Account
- Minimum Deposit: $1,000
- Maximum Leverage: 1:500
- Spreads from: 0.0 pips
- Tailored for professional traders.
- VIP Account
- Minimum Deposit: $20,000
- Maximum Leverage: 1:500
- Spreads from: 0.6 pips
- Best suited for advanced traders.
All accounts provide access to a wide range of trading instruments, including forex, CFDs, indices, metals, cryptocurrencies, stocks, and energy.
NexGen Broker Account Opening Process
Opening a broker account with NexGen is a straightforward process designed to ensure compliance and security. Follow these steps to successfully set up your account:
- Research and Choose an Account Type
- Select the account type that aligns with your trading experience and financial capacity.
- Complete the Application Form
- Fill out an application form with personal information such as your name, address, date of birth, and contact details.
- Submit Identification and Verification Documents
- Provide necessary documentation, including a government-issued photo ID (passport, national ID card, or driver's license) and proof of residence (utility bill or bank statement).
- Account Verification
- Wait for the broker to review your submitted documents, which typically takes a few days. Upon approval, your account will be activated.
Account info similar to that of a broker
NexGen accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities,
Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.