Umarkets Account Types

　　Umarkets offers four different types of trading accounts designed to cater to various trading needs and experience levels:

• Mini Forex Account
• Minimum Deposit: $500
• Minimum Transaction Amount: 0.1 lots
• Spreads: Standard
• Best For: Beginners looking to start trading with a lower capital.
• Standard Forex Account
• Minimum Deposit: $5,000
• Minimum Transaction Amount: 1 lot
• Spreads: Average
• Features: Access to autochartist functionality and online chat with trading experts.
• Best For: Traders who want to access a wider range of trading tools and features.
• Gold Forex Account
• Minimum Deposit: $10,000
• Minimum Transaction Amount: 1.5 lots
• Spreads: Low
• Features: Includes a personal manager and special promotions.
• Best For: More experienced traders looking for additional services and support.
• Platinum Forex Account
• Minimum Deposit: $35,000
• Minimum Transaction Amount: 5 lots
• Spreads: Low
• Features: Comprehensive services including personal reports on the stock market and one-on-one trading opportunities.
• Best For: Professional traders seeking the highest level of service and trading conditions.

　　All account types also offer the option to open an Islamic (swap-free) account in compliance with Sharia law.

　　

Umarkets Broker Account Opening Process

　　Opening an account with Umarkets involves a straightforward process:

• Visit the Umarkets Website
• Navigate to the Umarkets homepage.
• Registration
• Click on the "Register" button located at the top right of the page.
• Fill in the required personal information including your name, email, and phone number.
• Account Verification
• After registration, a verification email will be sent to your registered email address.
• Follow the instructions in the email to verify your account.
• Deposit Funds
• Once your account is verified, you can make your initial deposit using various payment methods including bank transfer, credit/debit cards, and e-wallets like Neteller and Skrill.
• Start Trading
• After funding your account, you are ready to start trading. You can choose from the available trading platforms such as MetaTrader 4 or the Xcritical platform.

　　The entire account setup process is designed to be completed within a few days, allowing traders to quickly access the markets.