Verax Account Type

Verax offers a variety of account types tailored to meet the diverse needs of traders. Here are the main types of accounts available:

• Standard Account:
• Minimum Deposit: $20
• Spreads: Variable spreads starting from 1.3 pips
• Leverage: Up to 1:500
• Features: Access to all trading instruments, including forex, indices, commodities, and cryptocurrencies.
• Pro Account:
• Minimum Deposit: $1,000
• Spreads: ECN spreads starting from 0 pips
• Leverage: Up to 1:500
• Features: Designed for advanced traders requiring fast execution speeds and tight spreads.
• Islamic Account:
• Minimum Deposit: $20
• Spreads: Variable spreads
• Leverage: Up to 1:500
• Features: Swap-free trading options for clients seeking Sharia-compliant trading solutions.
• Cent Account:
• Minimum Deposit: $10
• Spreads: Fixed spreads
• Leverage: Up to 1:500
• Features: Suitable for beginner traders looking to start with smaller amounts.

Verax Broker Account Opening Process

Opening an account with Verax is a straightforward process that can be completed in a few simple steps:

• Visit the Website: Go to the official Verax website.

• Select Account Type: Choose the type of account you wish to open (e.g., Standard, Pro, Islamic, or Cent).

• Fill Out Registration Form: Complete the registration form with your personal information, including your name, email address, and phone number.

• Identity Verification: Submit identity verification documents, such as a passport or driver's license, along with proof of address (e.g., utility bill or bank statement).

• Make a Deposit: Fund your account with the required minimum deposit using various payment methods (e.g., bank transfer, credit/debit card).

• Start Trading: Once your account is verified and funded, you can access the trading platform and begin trading.

By following these steps, you can easily set up your Verax trading account and start your trading journey.