Well-FX Account Type

　　Well-FX offers two main types of trading accounts for its users: Demo Account and Standard Account.

• Demo Account:
• Minimum Deposit: No minimum deposit required.
• Leverage: Up to 1:500.
• Spread: Starts from 0.0 pips.
• Commission: $0 per lot.
• Trading Platform: MetaTrader 4 (MT4).
• Purpose: Designed for traders to practice their strategies without risking real money.
• Standard Account:
• Minimum Deposit: $10.
• Leverage: Up to 1:500.
• Spread: Starts from 0.7 pips.
• Commission: $0 per lot.
• Trading Platform: MetaTrader 4 (MT4).
• Purpose: Allows users to trade with actual money and access the real market.

　　

Well-FX Broker Account Opening Process

　　Opening an account with Well-FX involves a straightforward process:

• 　　Choose Account Type: Decide whether to open a Demo Account for practice or a Standard Account for live trading.

• 　　Provide Personal Information: Fill out the application form with essential personal details such as name, email, address, and phone number.

• 　　Submit Identification Documents: You may need to provide proof of identity (passport or ID) and proof of address (utility bill or bank statement) for verification.

• 　　Fund Your Account: For the Standard Account, a minimum deposit of $10 is required. You can fund your account using various methods, although specific payment options are not detailed.

• 　　Start Trading: Once your account is approved and funded, you can begin trading on the MT4 platform.

　　For more information, visit Well-FX.