PaxForex Account Type

　　PaxForex offers four main types of trading accounts tailored to different levels of trader experience and preferences:

• Cent Account
• Minimum Deposit: $10
• Minimum Spread: 2.4 pips
• Maximum Leverage: 1:500
• Minimum Trade Volume: 0.0001 lots (1,000 units)
• Stop Out Level: 20%
• Islamic Account Option: No
• Recommended Deposit: $100
• Mini Account
• Minimum Deposit: $100
• Minimum Spread: 1.4 pips
• Maximum Leverage: 1:500
• Minimum Trade Volume: 0.01 lots (100,000 units)
• Stop Out Level: 5%
• Islamic Account Option: Yes
• Recommended Deposit: $500
• Standard Account
• Minimum Deposit: $2,000
• Minimum Spread: 0.4 pips
• Maximum Leverage: 1:500
• Minimum Trade Volume: 0.01 lots (100,000 units)
• Stop Out Level: 5%
• Islamic Account Option: Yes
• Recommended Deposit: $5,000
• VIP Account
• Minimum Deposit: $10,000
• Minimum Spread: 0.4 pips
• Maximum Leverage: 1:500
• Minimum Trade Volume: 0.01 lots (100,000 units)
• Stop Out Level: 5%
• Islamic Account Option: Yes
• Recommended Deposit: $50,000

　　Each account type provides access to a wide range of trading instruments, including forex, metals, and CFDs, with varying levels of support and educational resources.

　　

PaxForex Broker Account Opening Process

　　Opening an account with PaxForex is a straightforward process that can be completed in a few simple steps:

• Visit the Account Opening Page
• Go to the PaxForex official website and click on the "Open Trading Account" button.
• Fill in Required Information
• Complete the online form with necessary personal details. This includes your name, email, phone number, and country of residence.
• Verify Your Email
• After submitting the form, you will receive a confirmation email. Click on the link in the email to verify your account.
• Choose Your Account Type
• Select the type of account you wish to open (Cent, Mini, Standard, or VIP).
• Provide Identification Documents
• Upload a color scan of your ID (passport or national ID) and a recent utility bill for verification purposes.
• Make a Deposit
• Once your account is verified, log in to your client area, navigate to the "Deposit Funds" section, and choose your preferred deposit method. The minimum deposit amount is $10.
• Start Trading
• After your funds are credited, you can start trading using the MetaTrader 4 platform.

　　For more information on account types and the opening process, visit PaxForex.