Wise Forex Account Type

Wise Forex offers three types of trading accounts designed to meet different trading strategies and preferences:

• Standard Account
• Minimum Deposit: $1,000
• Leverage: Up to 1:1000
• Commission: $0 (depends on the deposit method)
• Available Instruments: Forex, precious metals, energies, indices
• Minimum Trade Volume: 0.01 lots
• Margin Call: 20%
• Stop Out Level: 20%
• Standard Cent Account
• Minimum Deposit: $2,000
• Leverage: Up to 1:2000
• Commission: $0 (depends on the deposit method)
• Available Instruments: Forex, precious metals
• Minimum Trade Volume: 1 lot
• Margin Call: 20%
• Stop Out Level: 20%
• ECN Account
• Minimum Deposit: $1,000
• Leverage: Up to 1:1000
• Commission: $6 per lot
• Available Instruments: Forex, precious metals, energies, indices
• Minimum Trade Volume: 0.01 lots
• Margin Call: 20%
• Stop Out Level: 20%

Wise Broker Account Opening Process

Opening an account with Wise Forex is a straightforward process that involves the following steps:

• Visit the Website: Navigate to the official Wise Forex website.
• Click on "Open Account": Look for the prominent "Open Account" button on the homepage.
• Fill Out Registration Form: Provide the required information, including your name, email address, and contact details.
• Choose Account Type: Select the type of trading account that suits your needs (Standard, Standard Cent, or ECN).
• Verify Your Account: Complete the identity and address verification as per the broker's requirements.
• Fund Your Account: After verification, proceed to fund your account using the available deposit methods.

For more detailed information, you can refer to the official website: Wise Forex Account Types.