UFXMarkets: Account Types And Minimum Deposits
UFXMarkets offers a variety of account types that cater to different levels of expertise. Here are the options available and what each involve.
(minimum deposit: $1,000 to $4,999)
Standard accounts are ideal for those who are just getting started in forex trading but are serious about the endeavor. Some features include:
- Daily market reports
- Competitive spreads
- Daily trading ideas
- Remote assistance (For related reading, see How To Become A Successful Forex Trader.)
(minimum deposit: $5,000 to $9,999)
Gold account members have access to more benefits than Standard account members. This account is generally for advanced traders. Some features include:
- Very low fixed spreads
- Minimum deal size of $10,000
- Personal account manager providing forex tutorials
- Access to Autochartist
(minimum deposit: $10,000)
This account is for the most advanced forex traders and comes with all the benefits included with the gold account and more. Some features include:
- Lowest spreads available
- Access to all features
- Customized trading analysis
- VIP account manager
- Access to Autochartist (For related reading, see How To Pay Your Forex Broker.)
(minimum deposit: $100 to $499)
This introductory account allows for users to gain trading experience with little risk (but still have the opportunity to try out forex trading with some risk involved, as opposed to the demo account). Some features include:
- Minimum deposit of $100
- Daily reviews and reports
- Access to trading tutorials
- Ability to check out video library
(minimum deposit: $500 to $999)
This is also an introductory account, but it allows for more access of UFXMarkets' features and is a good start for beginners. Some features include:
- Customer support
- Daily trading ideas
- Remote assistance
- Better spreads than micro account
- Personal account manager (For related reading, see 5 Tips For Selecting A Forex Broker.)
A brokerage that provides service to traders (especially Forex ...
A market maker who exchanges legal tender for electronic currency, ...
A two-way price quotation that indicates the best price at which ...
A way of forex trading that provides immediate access to the ...
The equivalent to a contract for 1,000 units of the base currency ...
A forex trade made up of contracts for 1,000 units of currency. ...
The forex market allows individuals to trade on nearly all of the currencies in the world. However, most of the trading is ...
There are many different types of forex accounts available to the retail forex trader. Demo accounts are offered by forex ...
There is no central location of the foreign exchange market, often referred to as the forex (FX) market. Transactions in ...
A mini forex trading account involves using a trading lot that is one-tenth the size of the standard lot of 100,000 units. ...