Novumarket Account Type

　　Novumarket offers a variety of trading accounts to meet the diverse needs of its clients. The main account types include:

• Standard Account: This account type is designed for most traders, offering competitive spreads and access to over 26,000 trading instruments, including forex, stocks, and cryptocurrencies.
• Spreads: Typically as low as 0.03 USD for gold (XAU/USD).
• Leverage: Available for trading CFDs.
• Islamic Account: An option for clients of the Muslim faith, providing interest-free leverage and zero swap in compliance with Sharia laws.
• Raw Account: This account is tailored for professional traders who require tighter spreads.
• Spreads: Starting from 0 pips on major forex pairs.
• Commission: May apply depending on the trading volume.
• Social Trading Account: Aimed at both beginners and advanced traders, allowing users to follow and copy the strategies of successful traders.
• Features: Access to real-time trading signals and the ability to connect with peers.

　　

Novumarket Broker Account Opening Process

　　Opening a trading account with Novumarket is a straightforward process that can be completed in less than 5 minutes. Here are the steps:

• 　　Choose Account Type: Select the account type that best suits your trading needs (Standard, Raw, or Islamic).

• 　　Provide Documentation: You will need to submit at least two documents:

• Proof of Identification: A current (not expired) colored scanned copy of your passport or a similar identification document (e.g., national ID card, driving license).
• Proof of Address: A bank statement or utility bill not older than 6 months, clearly displaying your name and physical address.

• 　　Upload Documents: Conveniently upload your documents directly through the client portal.

• 　　Approval Process: The compliance department will check your documents within 48 hours. Your account will be activated once the documents are approved.

• 　　Start Trading: After account activation, you can begin trading with over 26,000 assets available on the platform.

　　For more information, visit Novumarket's official website.