WikiFX

Reply

The minimum deposit required for the Classic account is $100, which is excellent for me as a beginner trader. I appreciate the fact that Baazex allows me to start trading without requiring a large initial deposit. For more experienced traders like myself who want better spreads, the VIP and ECN accounts require deposits of $5000 and $10,000, respectively. While these higher deposit requirements give access to tighter spreads, they might not be suitable for everyone, especially if I am just testing the waters or trading with smaller amounts. The $100 deposit is a reasonable entry point, and I can always upgrade to a higher-tier account if I feel the need for better trading conditions.