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Pros

Wide range of cryptocurrencies available for trading, including popular options like Bitcoin and Ethereum.
Zero trading and deposit fees, making it cost-effective for users.
Strong security measures in place, including two-factor authentication and cold wallet storage for funds.

Cons

Limited to Canadian and U.S. dollars for fiat funding, which may restrict some users.
No investment products such as staking or margin trading, limiting options for passive investors.
The platform may lack beginner-friendly features, such as demo accounts or comprehensive educational resources.

VirgoCX broker Accounts

VirgoCX Account Type

VirgoCX offers three main types of accounts tailored to different trading needs:

  • Standard Account: This account is suitable for novice traders or those who prefer a straightforward trading experience. It provides access to basic trading features without additional complexities.

  • Professional Account: Designed for experienced traders, this account type offers advanced features and potentially lower fees, catering to those who require more sophisticated trading tools.

  • Distinguished Account: This account is intended for high-net-worth individuals or institutional clients. It may provide exclusive benefits and different spread offers, although specific details are not publicly available.

  • Opening an account with VirgoCX is straightforward and involves the following steps:

    VirgoCX Broker Account Opening Process

    • Visit the Website: Go to the official VirgoCX website at virgocx.ca.

    • Click on 'Sign Up': Locate and click the "Sign Up" button on the upper right corner of the homepage.

    • Enter Required Information: Fill out the registration form with your email address, create a strong password, and enter a referral code if you have one.

    • Agree to Terms: Carefully read the terms of service and privacy policy, confirm that you are above the age of majority, and check the agreement box.

    • Email Verification: Check your email for a verification code, enter the 6-digit code on the verification page to activate your account.

    • Set Up Security Measures: After verifying your email, set up two-factor authentication (2FA) for added security.

    • Complete Profile and Verification: Fill out your user profile and undergo identity verification, which may include providing personal details and documents.

    • Fund Your Account: Once your account is verified, you can fund it using supported fiat currencies or cryptocurrencies.

    • Start Trading: After funding, you can begin trading on the VirgoCX platform.

VirgoCX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
VirgoCX Account