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XBMarkets Account Type
XBMarkets offers four types of live trading accounts tailored to meet the needs of various traders:
- Bronze Account
- Minimum Deposit: $400
- Stock Commission: $0.30 per share
- Maximum Leverage (Retail): 1:30
- Maximum Leverage (Professional): 1:200
- Target Audience: Beginners
- Spreads: Starting from 1.8 pips
- Silver Account
- Minimum Deposit: $10,000
- Stock Commission: $0.25 per share
- Maximum Leverage (Retail): 1:30
- Maximum Leverage (Professional): 1:200
- Target Audience: Intermediate Traders
- Spreads: Starting from 1.6 pips
- Gold Account
- Minimum Deposit: $50,000
- Stock Commission: $0.20 per share
- Maximum Leverage (Retail): 1:30
- Maximum Leverage (Professional): 1:200
- Target Audience: Experienced Traders
- Spreads: Starting from 1.4 pips
- Diamond Account
- Minimum Deposit: $100,000
- Stock Commission: $0.15 per share
- Maximum Leverage (Retail): 1:30
- Maximum Leverage (Professional): 1:200
- Target Audience: High-Net-Worth Individuals & Professionals
- Spreads: Starting from 1.2 pips
These accounts provide varying features and benefits depending on the trader's experience and investment capabilities.
XBMarkets Broker Account Opening Process
To open a live trading account with XBMarkets, follow these steps:
- Registration: Visit the XBMarkets homepage and click on the ‘Open an Account’ or “Get Started” button.
- Fill Application: Complete the registration form with your personal information.
- Document Verification: Upload necessary documents for identity verification (e.g., proof of identity and proof of address).
- Account Approval: Your documents will be verified, typically within a few hours.
- Fund Your Account: Once verified, log in to your account, navigate to the “Funds” menu, and select the option to deposit funds.
- Start Trading: After funding your account, you are ready to start trading on the platform.
For more details, please refer to the source: XBMarkets Account Types.
Account info similar to that of a broker
XBMarkets accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities,
Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.