UMCapitals Account Type

　　UMCapitals offers four different types of trading accounts to cater to various investor needs:

• Starter Account
• Minimum Deposit: $250
• Spreads: Variable from 1.6 pips
• Commission: $0
• Leverage: Up to 1:100
• Lot Size: 0.01 - 250 lots
• Platform: Webtrader
• Max Open Positions: Limited
• Education: Beginner
• Swap Free: Unavailable
• Advanced Account
• Minimum Deposit: Personalized
• Spreads: Variable from 2.0 pips
• Commission: $0
• Leverage: Up to 1:200
• Lot Size: 0.01 - 250 lots
• Platform: Webtrader
• Max Open Positions: Limited
• Education: Beginner
• Swap Free: Unavailable
• Expert Account
• Minimum Deposit: Personalized
• Spreads: Variable from 0.0 pips
• Commission: $7 per lot (FX and metals)
• Leverage: Up to 1:500
• Lot Size: 0.01 - 250 lots
• Platform: Webtrader
• Max Open Positions: Unlimited
• Education: Advanced
• Swap Free: Available
• Fusion Account
• Minimum Deposit: Personalized
• Spreads: Variable from 0.0 pips
• Commission: $5 per lot (FX and metals)
• Leverage: Up to 1:500
• Lot Size: 0.01 - 500 lots
• Platform: Webtrader
• Max Open Positions: Unlimited
• Education: Unlimited
• Swap Free: Available

　　

UMCapitals Broker Account Opening Process

　　To open an account with UMCapitals, follow these steps:

• Visit the Website: Go to UMCapitals.
• Choose Account Type: Select the type of account that best suits your trading needs from the options provided.
• Complete Registration: Fill out the online application form with your personal information.
• Verify Identity: Complete the KYC (Know Your Customer) process, which may require submitting identification documents.
• Fund Your Account: Make the minimum deposit required for your chosen account type to activate your trading account.
• Start Trading: Once your account is funded, you can begin trading on the Webtrader platform.