Phoenix Markets Account Type

　　Phoenix Markets offers several types of trading accounts to cater to different trading needs and levels of experience. The available account types are:

• Starter Account
• Minimum Deposit: €1,000
• Maximum Leverage: 1:30
• Minimum Spread: From 3 pips
• Minimum Lot Size: 0.01
• Commission: No commission
• Features: Full access to educational package.
• Gold Account
• Minimum Deposit: €25,000
• Maximum Leverage: 1:30
• Minimum Spread: From 1.5 pips
• Minimum Lot Size: 0.01
• Commission: $10 per lot
• Features: Full access to educational package and premium algorithmic trading system.
• Platinum Account
• Minimum Deposit: €99,000
• Maximum Leverage: 1:30
• Minimum Spread: From 0.5 pips
• Minimum Lot Size: 0.01
• Commission: Raw spread + $7 per lot
• Features: Full access to educational package, premium algorithmic trading system, and premium educational package.
• Gold Pro Account
• Minimum Deposit: €50,000
• Maximum Leverage: 1:200
• Minimum Spread: From 1.5 pips
• Commission: $10 per lot
• Features: Access to advanced trading tools.
• Platinum Pro Account
• Minimum Deposit: $100,000
• Maximum Leverage: 1:200
• Minimum Spread: From 0.5 pips
• Commission: Varies
• Features: Access to advanced trading tools and resources.

　　

Phoenix Markets Broker Account Opening Process

　　Opening a trading account with Phoenix Markets is a straightforward process. Here are the steps involved:

• Visit the Website: Go to the official Phoenix Markets website.
• Choose Account Type: Select the type of account you wish to open based on your trading needs and minimum deposit requirements.
• Fill Out the Application: Complete the online application form with your personal details, including your name, email address, and phone number.
• Upload Documents: Provide the necessary identification documents for KYC (Know Your Customer) verification, such as a government-issued ID and proof of address.
• Fund Your Account: Make the minimum deposit required for the chosen account type using one of the available funding methods (credit card, bank transfer, etc.).
• Account Verification: Wait for your account to be verified, which typically takes 1-3 days.
• Start Trading: Once your account is approved, you can log in and start trading.

　　By following these steps, you can successfully open a trading account with Phoenix Markets and begin your trading journey.