OTX Forex Account Type

　　OTX Forex offers four distinct types of trading accounts to cater to different trading needs:

• Micro Account
• Minimum Deposit: $100
• Spread: From 1.5 pips
• Leverage: Up to 500
• Minimum Lot Size: 0.01
• Commission: None
• Features: Swapping, hedging, and scalping allowed.
• Islamic Account
• Minimum Deposit: $200
• Spread: From 1.2 pips
• Leverage: Up to 500
• Minimum Lot Size: 0.01
• Commission: None
• Features: Swapping, hedging, and scalping allowed; designed for Muslim traders.
• ECN Account
• Minimum Deposit: $1,000
• Spread: From 0.0 pips
• Leverage: Up to 200
• Minimum Lot Size: 0.10
• Commission: $10 per standard lot
• Features: Swapping, hedging, and scalping allowed; provides direct market access.
• VIP Account
• Minimum Deposit: $5,000
• Spread: From 0.0 pips
• Leverage: Up to 200
• Minimum Lot Size: 0.10
• Commission: $7 per standard lot
• Features: Swapping, hedging, and scalping allowed; suitable for high-volume traders.

　　

OTX Forex Broker Account Opening Process

　　Opening an account with OTX Forex is straightforward and can be done in a few simple steps:

• Visit the OTX Forex Website: Go to the homepage of the OTX Forex website.
• Click on “Open Account”: Find and click the “Open Account” link.
• Fill in Required Details: Complete the registration form with your personal information.
• Upload Verification Documents: Provide necessary documentation for identity verification.
• Account Approval: Wait for the approval of your account registration.
• Fund Your Account: Once approved, deposit the minimum required amount to start trading.
• Start Trading: After funding, you can begin trading on the OTX Forex platform.

　　For more information, you can visit the official website: OTX Forex