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Is there a minimum age requirement to set up a FXCM Micro account?
Hello ToxicTradings, and thank you for your post! On behalf of myself and everyone here at FXCM, welcome to the forum community!
What is the minimum age requirement to set up an FXCM Micro account?
The minimum age requirement to open any FXCM account is 18 years old. If you meet the minimum age requirement, how much were you looking to start with? I ask because standard accounts also have the functionality of trading micro lots (increments of 1K) available and offer many advantages over micro accounts.
What advantages do standard accounts have over micro accounts?
Some of the advantages to holding a standard account include but are not limited to:
- Different account denominations.
- Different account types and platforms.
Please click here for more information on the advantages of having a standard account.
The minimum starting balance for a standard account is $2000. Please let me know if a standard account would be something of interest to you, and I will be more than happy to put you in touch with a specialist that can go over all your options. If you are looking to open a micro account, you can open one by clicking on the link below:
Please let me know when you have submitted your application and I would be more than happy to help you with the depositing process. Thank you in advance for your time ToxicTradings, and I look forward to hearing from you soon.
Thank you again for your post ToxicTradings! Please feel free to post with additional questions or contact me directly at email@example.com
Originally Posted by ToxicTradings
Last edited by Julius at FXCM; 10-04-2011 at 07:40 PM.
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Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. The possibility exists that you could sustain a loss in excess to your investment and therefore you should not invest money that you cannot afford to lose. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.