PMEX Account Types

PMEX offers three distinct account types to cater to various trading needs:

• Standard Account
• Minimum Deposit: $10
• Spreads: From 1.2 pips
• Commissions: $0
• Leverage: 1:400
• Margin Required: 2%
• Minimum Lot Size: 0.01 lots
• Stop Out Level: 30%
• Margin Call Level: 100%
• Execution Type: Non-dealing desk
• Additional Features: VPS, MetaTrader 5, automatic trading, weekly webinars, expert advice (available for deposits above $1,000), swap-free (not all instruments).
• Narrow Account
• Minimum Deposit: $1,000
• Spreads: From 1.0 pips
• Commissions: $0
• Leverage: 1:500
• Margin Required: 2%
• Minimum Lot Size: 0.01 lots
• Stop Out Level: 30%
• Margin Call Level: 100%
• Execution Type: Non-dealing desk
• Additional Features: VPS, MetaTrader 5, automatic trading, weekly webinars, expert advice (available for deposits above $1,000), swap-free (not all instruments).
• Raw Account
• Minimum Deposit: $5,000
• Spreads: From 0.1 pips
• Commissions: $6 per lot
• Leverage: 1:200
• Margin Required: 2%
• Minimum Lot Size: 0.01 lots
• Stop Out Level: 30%
• Margin Call Level: 100%
• Execution Type: Non-dealing desk
• Additional Features: VPS, MetaTrader 5, automatic trading, weekly webinars, expert advice (available for deposits above $1,000), swap-free (not all instruments).

PMEX Broker Account Opening Process

To open an account with PMEX, follow these steps:

• Online Account Opening:
• Select a PMEX broker from the PMEX website.
• Click on the broker‘s link to be redirected to the account opening page.
• Submit the required information: name, CNIC number, email address, mobile number, and IBAN.
• Receive a One-Time Password (OTP) via SMS from NCCPL.
• Submit the OTP for verification.
• Complete the KYC information and agree to the terms and conditions.
• Upon successful submission, receive an email with your PMEX user ID and password, along with links to the MT5 trading terminal and back office portal.
• Approve your account profile by logging into the PMEX back office portal to initiate trading.
• Physical Account Opening:
• Visit the selected broker’s office to initiate the account opening process.
• Fill out the Standardized Account Opening Form (SAOF) and undergo biometric verification.
• Upon successful verification, receive PMEX notification via email with your MT5 trading account credentials.
• Approve your account profile by logging into the PMEX back office portal to begin trading.

For more details, you can visit the PMEX website: PMEX Online Account Opening.