WM Markets Account Type

WM Markets offers two types of trading accounts:

• Zero Trading Account:
• Minimum Deposit: $1,000
• Spreads: From 0 pips on major symbols
• Maximum Leverage: 1:1000
• Commission: $8 on forex and metals CFDs for one lot per round trade; $8 on cryptocurrency CFDs for one lot per round trade; $0 on other CFDs
• Minimum Trade Volume: 0.01 lots
• Trade Limit: 50 lots per order (forex)
• Hedging Capability: Yes
• Islamic Account: Not available
• Protection Against Negative Balance: Yes
• Personal Account Manager: Yes
• Stop Out Level: 20%
• Margin Call Level: 100%
• Prime Trading Account:
• Minimum Deposit: $50
• Spreads: From 1.0 pips on major symbols
• Maximum Leverage: 1:1000
• Commission: $0 on forex CFDs; $8 on cryptocurrency CFDs for one lot per round trade; $0 on other CFDs
• Minimum Trade Volume: 0.01 lots
• Trade Limit: 50 lots per order (forex)
• Hedging Capability: Yes
• Islamic Account: Available
• Protection Against Negative Balance: Yes
• Personal Account Manager: Yes
• Stop Out Level: 20%
• Margin Call Level: 100%

WM Markets Broker Account Opening Process

To open an account with WM Markets, follow these steps:

• Visit the WM Markets website and click on the "Open New Trading Account" button.
• Fill out the registration form with your personal information, including your name, email address, and phone number.
• Select the type of account you wish to open (Zero or Prime account).
• Provide necessary documentation for identity verification, such as a government-issued ID.
• Make your initial deposit using one of the accepted payment methods.
• Submit your application and wait for confirmation from WM Markets.

Once your application is approved, you will receive further instructions on how to access your trading account and start trading.

For more detailed information, you can visit the following sources:

• WM Markets - Trading Deals
• WM Markets – Valid Brokers