Synergy FX Account Type
Synergy FX offers several account types to cater to different trading needs, including:
- Demo Account: A practice account for beginners to improve their trading skills without financial risk.
- Micro Account: Requires a minimum deposit of $100 AUD, suitable for new traders.
- Standard Account: Also requires a minimum deposit of $100 AUD, offering competitive spreads.
- ECN Account: Designed for more experienced traders, offering low spreads and a commission structure.
- STP Account: Provides direct market access without commissions, suitable for traders looking for competitive pricing.
- Zero ECN Account: Preferred for traders seeking the lowest trading costs, with a commission starting at $6 per round lot.
- Pure ECN Account: Offers tight spreads starting from 0 pips, with commissions starting at $5 per round lot. Requires a minimum deposit of $20,000 AUD.
The minimum deposit required to open any account is $100 AUD, and the maximum leverage available is up to 1:500.
Synergy FX Broker Account Opening Process
Opening an account with Synergy FX is a straightforward process that involves the following steps:
- Register: Visit the Synergy FX website and choose the account type that suits your trading needs. Complete the online application form.
- Verification: After registration, you will need to verify your identity by providing documents such as a valid ID and proof of residence.
- Fund Your Account: Deposit funds into your trading account using various methods, including bank transfer, credit/debit cards, and e-wallets. The minimum deposit is $100 AUD.
- Start Trading: Once your account is funded and verified, you can access the trading platform (MT4 or MT5) and start trading.
The entire process can take between 1 to 3 days, depending on the verification of your documents.
synergyfx accounts can be viewed for products that can be traded 32 currencies, gold, silver, crude oil, 7 indexes accounts with a minimum deposit of nothing by (2+) --.