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Ronghui does not explicitly display its account types on its website. However, it is mentioned that the broker offers a minimum deposit requirement of $1,000 and claims to provide a spread level of 1 – 1.5 pips with leverage capped at 1:400. There is no clear information regarding the different types of accounts available, which is a common practice among unregulated brokers.
The process for opening an account with Ronghui is not clearly outlined due to the lack of accessible information on their website. As of now, potential clients have reported difficulties in registering new accounts or logging into existing ones. This raises concerns about the broker's legitimacy. Typically, the account opening process for brokers involves the following steps:
Due to the lack of transparency and operational difficulties, it is advisable to consider other regulated brokers for a safer trading experience.
Explore broker markets account types: forex/trading accounts with demo access.