Rexmark Account Type

Rexmark offers various types of trading accounts suitable for different investor needs. The primary account types include:

• Standard Account: This account typically requires a minimum deposit of $2,000 to $10,000 and allows trading with standard lots valued at $100,000. It is designed for experienced traders who can handle the associated risks of trading with higher capital.

• Mini Account: Aimed at beginners or risk-averse traders, this account allows trading in mini lots of $10,000, with a lower capital requirement of around $250 to $500. It provides higher leverage (up to 400:1), making it easier for new traders to enter the market with limited funds.

• Managed Account: This account type is for investors who prefer professional management of their investments. The capital remains with the investor, but a portfolio manager makes trading decisions based on the investor's goals and risk tolerance. Minimum investments typically start at $2,000 for pooled accounts and $10,000 for individual accounts.

Rexmark Broker Account Opening Process

To open an account with Rexmark, follow these steps:

• Choose Your Account Type: Determine which type of account best suits your trading style and financial goals (Standard, Mini, or Managed).

• Complete the Application: Fill out the online application form, providing necessary personal information such as your name, address, social security number, and employment details.

• Submit Identification: You may need to provide identification documents to verify your identity, which can include a government-issued ID or tax identification number.

• Fund Your Account: After approval, you will need to deposit funds into your account. The minimum deposit varies by account type, with standard accounts requiring a higher initial investment.

• Start Trading: Once your account is funded, you can begin trading on the platform, utilizing the tools and resources provided by Rexmark.

For further details, you can visit their website: Rexmark