Shengtong FX Account Type

Shengtong FX offers three types of trading accounts tailored to different trading needs:

• Basic Account
• Minimum Deposit: $100
• Leverage: Up to 1:100
• Spreads: Fixed spreads starting from 2 pips for forex pairs.
• Tradable Instruments: Major currency pairs, a selection of popular indices, and commodities.
• Additional Features: Access to a dedicated account manager for personalized support and daily market analysis.
• Advanced Account
• Minimum Deposit: $1,000
• Leverage: Up to 1:200
• Spreads: Variable spreads starting from 1 pip for forex pairs.
• Tradable Instruments: Extended range of forex pairs, major and minor indices, commodities, and a selection of individual stocks.
• Additional Features: Access to a senior account manager, advanced trading platforms, and educational resources.
• VIP Account
• Minimum Deposit: $10,000
• Leverage: Up to 1:1000
• Spreads: Competitive variable spreads starting from 0.5 pips for forex pairs.
• Tradable Instruments: Full range of forex pairs, global stock indices, major commodities, individual stocks, and a wide selection of cryptocurrencies.
• Additional Features: Dedicated senior account manager available 24/7, VIP educational resources, and exclusive trading signals.

Shengtong FX Broker Account Opening Process

To open an account with Shengtong FX, follow these steps:

• Choose Account Type: Decide which account type (Basic, Advanced, or VIP) best suits your trading needs based on the minimum deposit and features.

• Register Online: Visit the Shengtong FX website and fill in the registration form with your personal information, including name, email, and phone number.

• Submit Required Documents: Provide necessary documentation for identity verification, such as a government-issued ID and proof of address.

• Account Verification: After submission, the broker will process your application, which may take a few minutes to a couple of days for verification.

• Deposit Funds: Once your account is approved, deposit funds using one of the accepted payment methods (bank transfer, credit/debit card, e-wallets, or cryptocurrencies).

• Start Trading: After funding your account, you can start trading using the provided trading platform (MetaTrader 4).