SM Capital Markets Account Type

　　SM Capital Markets offers a variety of trading accounts to cater to different trading needs. The account types include:

• Basic Account
• Minimum Deposit: $5,000
• Spreads: Floating
• Max Leverage: 1:500
• Commissions: $6 per round turn for spot trades, $8 per round turn for futures.
• Execution Type: NDD (No Dealing Desk)
• Standard Account
• Minimum Deposit: $50,000
• Spreads: Floating
• Max Leverage: 1:500
• Commissions: $4 per round turn for spot trades, $5 per round turn for futures.
• Execution Type: NDD
• VIP Account
• Minimum Deposit: $100,000
• Spreads: Floating
• Max Leverage: 1:500
• Commissions: $2 per round turn for spot trades, $3 per round turn for futures.
• Execution Type: NDD

　　All accounts come with risk management processes and allow for discretionary trading strategies.

　　

SM Capital Markets Broker Account Opening Process

　　To open an account with SM Capital Markets, follow these steps:

• Sign Up
• Complete the online registration form available on the SM Capital Markets website.
• Verification
• Submit required identification and proof of residency documents for verification.
• Funding
• Deposit funds using the available funding methods provided by the broker.
• Start Trading
• Once your account is verified and funded, you can start trading on the global financial markets using their trading platform.

　　For more information, visit SM Capital Markets.