Ruixin International Account Type

Ruixin International offers various trading account types suitable for different levels of traders. The primary account types include:

• Standard Account:
• Lot Size: Standard lots worth $100,000.
• Leverage: Typically 100:1.
• Minimum Deposit: Often requires a minimum balance of $2,000 to $10,000.
• Pros: Access to better services and perks, potential for significant gains (e.g., $1,000 gain on a 100-pip move).
• Cons: High capital requirement and potential for large losses.
• Mini Account:
• Lot Size: Mini lots worth $10,000.
• Leverage: Up to 400:1.
• Minimum Deposit: Can be opened with as little as $250 to $500.
• Pros: Lower risk and capital requirement, suitable for beginners.
• Cons: Lower reward potential ($1 per pip).
• Managed Account:
• Management: Professional account managers handle trades.
• Minimum Investment: Typically requires at least $2,000 for pooled accounts and $10,000 for individual accounts.
• Pros: Professional guidance and portfolio management.
• Cons: Additional fees and lack of trading control.

Ruixin International Broker Account Opening Process

To open an account with Ruixin International, follow these steps:

• Select Account Type: Choose between a standard, mini, or managed account based on your trading experience and capital.

• Visit the Website: Go to Ruixin International to access the account opening page.

• Complete the Application: Fill out the online application form, providing personal details such as your name, address, and contact information.

• Submit Identification: You may need to upload identification documents to verify your identity.

• Fund Your Account: After approval, deposit the required minimum amount to activate your trading account. Various funding options may be available, including bank transfers.

• Start Trading: Once your account is funded, you can begin trading on the Ruixin platform.

Make sure to review the account types and their associated risks before making your decision.