Webfox Account Type

　　Webfox offers several types of trading accounts tailored to meet the needs of various traders. Each account type comes with its own set of benefits and features, designed to enhance the trading experience. Here are the available account types:

• Standard Account
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spread: From 2.0 pips
• Commission: $3 per lot for forex pairs
• Ideal for: Beginner traders looking for a straightforward trading experience.
• Premium Account
• Minimum Deposit: $500
• Leverage: Up to 1:500
• Spread: From 1.2 pips
• Commission: $3 per lot for forex pairs
• Ideal for: Intermediate traders who require better trading conditions.
• ECN Pro Account
• Minimum Deposit: $1,000
• Leverage: Up to 1:500
• Spread: From 0.0 pips
• Commission: No commissions
• Ideal for: Professional traders seeking low spreads and higher trading volumes.
• VIP Account
• Minimum Deposit: $20,000
• Leverage: Up to 1:500
• Spread: From 0.6 pips
• Commission: No commissions
• Ideal for: Advanced traders looking for premium trading features and conditions.

　　

Webfox Broker Account Opening Process

　　Opening an account with Webfox is a straightforward process. Follow these steps to get started:

• Research and Choose Your Account Type
• Review the different account types available and select the one that best suits your trading needs.
• Complete the Application Form
• Fill out the online application form with your personal information, including name, address, email, and phone number.
• Submit Identification Documents
• To comply with regulatory requirements, you will need to provide proof of identity and proof of residence. This typically includes:
• A government-issued photo ID (passport, national ID card, or drivers license).
• A utility bill or bank statement showing your address.
• Account Verification
• The submitted documents will be reviewed by Webfox, which usually takes a few days. Once verified, your account will be activated.
• Fund Your Account
• After verification, you can fund your account using various methods, including bank transfers or credit/debit cards. The minimum deposit varies by account type.
• Start Trading
• Once your account is funded, you can begin trading. Make sure to familiarize yourself with the trading platform and tools available to maximize your trading experience.