PCM Brokers Account Type
PCM Brokers offers a variety of account types to cater to different trading needs. The broker provides ten types of real trading accounts:
- Special - Lowest Spread Account: Minimum deposit of $10,000, leverage up to 1:100, and floating spreads from 0 - 0.1 pips. Commission of $12 per lot.
- Mini Account: Minimum deposit of $10,000, leverage up to 1:200, and floating spreads from 0.9 pips. No commissions.
- Micro Account: Minimum deposit of $100, leverage up to 1:500, and floating spreads from 1.6 pips. No commissions.
- Tradition Account: Minimum deposit of $1, leverage up to 1:100, and floating spreads. No commissions.
- Digital Currencies Account: No minimum deposit requirement, leverage up to 1:10, and floating spreads. Commission of 0.05% of real value per lot.
- ECN Pro Account: Minimum deposit of $100, leverage up to 1:200, and floating spreads from 0.2 pips. Commission of $5 per lot.
- Elite Account: Minimum deposit of $5,000, leverage up to 1:100, and floating spreads from 0.6 pips. Commission of $10 per lot.
- Lori J 1000 Account: Minimum deposit of $500, leverage up to 1:1000, and floating spreads from 1.6 pips. No commissions.
- Zero Spread Account: Minimum deposit of $100, leverage up to 1:200, and floating spreads from 0.2 pips. Commission of $16 per standard lot.
- Fixed Spread Account: Minimum deposit of $100, leverage up to 1:200, with fixed spreads of 2 pips for major currency pairs, 3 pips for USD/CAD and gold, and 4 pips for minor pairs. No commissions.
PCM Brokers Broker Account Opening Process
To open an account with PCM Brokers, follow these steps:
- Choose Account Type: Select the desired account type based on your investment amount and trading preferences.
- Fill Out Application: Complete the online application form with your personal details and trading experience.
- Submit Documents: Provide any required identification documents, such as a government-issued ID or proof of address.
- Initial Deposit: Fund your account according to the minimum deposit requirement of the selected account type.
- Account Verification: Wait for the broker to verify your account, which typically takes a short period.
- Start Trading: Once your account is approved and funded, you will receive login details to access the trading platform and start trading.
For more detailed information, visit the official PCM Brokers website.
PCM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .