Novus CM Account Type

Novus CM offers several types of trading accounts to cater to different trading needs and preferences. The account types include:

• Micro Account:
• Minimum Deposit: $1,000
• Bonus: 10% on the first deposit
• Suitable for beginner traders looking to start with smaller investments.
• Classic Account:
• Minimum Deposit: $5,000
• Bonus: 20% on the first deposit
• Ideal for intermediate traders who require more features and flexibility.
• Silver Account:
• Minimum Deposit: $20,000
• Bonus: 40% on the first deposit
• Designed for experienced traders seeking advanced trading tools.
• Gold Account:
• Minimum Deposit: $50,000
• Bonus: 75% on the first deposit
• Tailored for professional traders who demand the highest level of service and benefits.

Novus CM Broker Account Opening Process

Opening an account with Novus CM involves a straightforward process that includes the following steps:

• Online Registration:
• Visit the official Novus CM website and locate the registration section.
• Fill in the required personal information, including name, contact details, and financial information.
• Document Submission:
• Prepare and submit essential documents for identity verification, such as a scanned copy of your passport or national ID and proof of residence (e.g., a utility bill).
• Compliance Checks:
• Answer compliance questions to demonstrate your understanding of trading risks, which is crucial for responsible trading practices.
• Account Verification:
• Novus CM will review the submitted documents to verify your identity and residence.
• The verification process may take several days, depending on the clarity of the documents provided.
• Account Activation:
• Once verified, you can activate your account and begin trading.
• Novus CM also offers a demo account for practice before transitioning to live trading.