Global Broker Regulation Inquiry App
WikiFX
Xxpro 
1-2 years
What account types does 24Five offer?
Broker Issues
Leverage
Platform
Account
Instruments
07-08
United States
WikiFX
Reply
24Five offers several account types, including CLASSIC, Standard, ECN, and PRO. The CLASSIC and Standard accounts have a low minimum deposit requirement of $10, which is ideal for beginner traders like myself. The ECN and PRO accounts require higher deposits, with the PRO account having a $10,000 minimum deposit, which might be out of reach for many traders. The ECN account is attractive for traders who want tighter spreads and better execution speeds, but the higher deposit requirement may deter some. From my perspective, the CLASSIC and Standard accounts offer a good starting point for those who want to explore the platform with minimal risk.
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