World Markets Account Type

World Markets offers several types of trading accounts to cater to different investor needs. The primary account types include:

• AI Managed Account
• Minimum Deposit: $2,500 (must increase to $5,000 within 30 days)
• Performance Fee: 20% for standard accounts, 10% for Gold Premier accounts
• Annual Management Fee: 1%
• Features: Automated trading utilizing advanced algorithms, direct supervision by analysts, and access to performance tracking through the MQL trading dashboard.
• Self-Trading Account (via HYCM)
• Minimum Deposit: As low as $100
• Types of Accounts: Fixed, Classic Raw, and VIP accounts
• Trading Instruments: Access to 40+ forex pairs, commodities, and stocks through the HYCM platform.
• Cryptocurrency Account (via BitMEX)
• Features: Trading cryptocurrencies with leverage, including exotic crypto coins.

World Markets Broker Account Opening Process

Opening an account with World Markets is a straightforward process that can be completed in a few steps:

• Visit the Website:
• Go to the World Markets homepage and click on the "Open Account" button.
• Choose Account Type:
• Select the preferred account type (AI Managed Account or Self-Trading Account).
• Fill Out the Registration Form:
• Provide personal details such as your name, email address, and password.
• Upload Required Documents:
• Submit documents for identity verification, which may include a government-issued ID and proof of address.
• Verify Your Identity:
• Complete the verification process, often through an OTP sent to your registered mobile number.
• Fund Your Account:
• Once your account is approved, you can deposit funds using various methods, including bank wire, credit/debit cards, and cryptocurrencies.
• Start Trading:
• After funding your account, you can begin trading through the chosen platform, whether its the MQL Copy Trader for AI accounts or MetaTrader for self-trading accounts.

For more details, visit World Markets.