While Binolla initially gained popularity as a digital options platform, it now also offers access to Forex, metals, crypto, energy, and indices trading through MetaTrader 5 (MT5). However, when you first sign up, your account will only include the primary options trading account and a demo MT5 account. If you wish to trade real Forex with Binolla, you need to manually create a live Forex account. Here's how to do it:
Step-by-Step Guide to Create a Forex Account
- Log in to your Binolla account.
- Go to the "Profile" menu – located at the top-right corner of the platform interface.
- Select "Manage Accounts."
This will open a popup window displaying your existing trading accounts. - Click on the button to create a new account.
From here, you can choose the type of Forex account you'd like to create.
Important Note on Account Type
When creating a new Forex account, you must select between the two available account types:
- Zero Account – No trading commission, but slightly wider spreads.
- ECN Account – Ultra-low spreads with a small commission fee.
Zero vs ECN Account on Binolla: Which One Is Right for You?
⚠️ Note: Once you create an account and select the type (Zero or ECN), it cannot be changed later. If you want both account types, you must create each separately.
After Account Creation
Once your account is created, it will appear in your list of trading accounts. You can now fund it, download MetaTrader 5, and start trading real Forex instruments with your selected account type.
Opening a Forex account with Binolla is quick and straightforward—but make sure you choose the right account type based on your trading strategy and cost preferences.
