SGM Account Type
SGM offers two main types of trading accounts for clients: Standard Account and VIP Account.
- Standard Account:
- Spread: From 1.5 pips
- Leverage: Up to 1:1000
- Minimum Deposit: $50
- Minimum Trade Lot: 0.01
- Commission: Zero
- Stop Out Level: 20%
- VIP Account:
- Spread: From 0.0 pips
- Leverage: Up to 1:1000
- Minimum Deposit: $1,000
- Minimum Trade Lot: 0.01
- Commission: Zero
- Stop Out Level: 20%
Both account types provide access to SGM's cutting-edge trading platform, featuring advanced trading tools and real-time rates.
SGM Broker Account Opening Process
To open a trading account with SGM, follow these steps:
- Visit the SGM Website: Go to SGM's official website.
- Choose Your Account Type: Decide between a Standard or VIP account based on your trading needs and capital.
- Fill Out the Application: Complete the online application form with your personal details and financial information.
- Submit Verification Documents: Provide necessary identification and proof of address documents as required by SGM.
- Initial Deposit: Fund your account with the minimum deposit amount ($50 for Standard, $1,000 for VIP).
- Account Approval: Wait for SGM to verify your application and documents. This process typically takes a short time.
- Start Trading: Once approved, you will receive your account credentials, and you can start trading on the platform.
By following these steps, you can successfully set up your trading account with SGM and begin your trading journey.
SGM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .