Just a few weeks have passed after our public beta launch. Even though there is still some development ahead, it was absolutely right, to go online now. As a small and lean company we simply cannot afford to waste our resources for features and functions nobody cares for. The market and our users are the best guidelines when it comes to effective development.
For instance, we were very surprised how many users were asking for the option to open a real account immediately. Together with our first partner broker CMS FX International we now offer real money accounts connected with FxBees.com.
Open a Micro Account with only 200$
Besides the common standard account, we are also able to offer our customers to open a micro account. A micro account only requires a minimum deposit of $200 and allows a minimum trade size of 0.01 Lots. By trading micro lots your exposure is much lower and you can get used to the Forex market slowly.
Why use Micro Account instead of a Demo Account?
A demo account gives you the opportunity to become familiar with the trading platform, learn how to place trades, and use technical analysis tools. However, when there is no risk, you are likely to be more detached when you place your trades and in how you look over the result of each trade. Also, a demo account usually starts with a large initial amount that may not be representative of your starting capital when trading live.
With Micro Lots, putting some money on the line, even in very small amounts, may make you more invested in what happens with your trading! When you are ready, you can deposit more funds and upgrade to a standard account.
See, how position sizes affect how much you make or lose on a 100 pip move (example):
Standard Position (1 Lot): 100 Pips = $1,000 (1 Pip = $10)
Mini Lot (0.1 Lot): 100 Pips = $100 (1 Pip = $1)
Micro Lot (0.01 Lot): 100 Pips = $10 (1 Pip = $0.10)
As you can see, learning is much more convenient with a Micro Account.
How to get started?
Register at FxBees.com and then upgrade your demo account to a Standard or Mini Account to start trading with real money. If you experience problems, just contact us through the support forum.
I am havnig problem opening a live account,
Following the link: http://www.fxbees.com/upgrade-depot ,
I was asked to enter my bank information, but it kept rejecting my
ABA number which I checked and double checked,
entered manually or copy and paste, but no matter how many times I tried,
it kept telling me my number was invalid..
It is depressing seeing everyone else didn’t seem to have this problem.
my bank is bank of america
ABA number: 121000358 for california.
Dear Yao,
welcome at FxBees.com! Our developers will have a look at this and let you know as soon as possible.
Best regards,
Andre
I already opened an account with your partner CMS FX.
You can add something like my account to your affiliate program?
Hello andreu77,
welcome at FxBees.com. You need to open an account with CMS International through FxBees.com, otherwise we are not able to connect your account with FxBees.com (and you would also not be eligible for the bonus payment).
Andre