101FX Account Type

　　101FX offers two distinct account types designed to cater to different trading preferences and strategies:

• Standard Account:
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spreads: Starting from 0.0 pips
• Commission: $2 per round turn
• Withdrawal Processing Time: 24 - 48 hours
• ECN Account:
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spreads: Starting from 0 pips
• Commission: $0 per round turn
• Withdrawal Processing Time: 24 - 48 hours

　　Both account types provide access to a variety of trading assets, including currency pairs, CFDs, and cryptocurrencies, while utilizing the widely recognized MetaTrader 4 (MT4) platform.

　　

101FX Broker Account Opening Process

　　Opening an account with 101FX involves the following steps:

• Visit the Official Website: Access the official 101FX website using a web browser.
• Registration Process: Locate the “Sign Up” or “Register” section on the homepage. Provide the required personal information, including your full name, email address, phone number, and country of residence.
• Account Type Selection: Choose the type of account you wish to open based on your trading preferences and needs. Available options typically include the Standard Account and ECN Account.
• Document Submission: Complete the account verification process by submitting necessary identification documents, such as a government-issued ID (passport or driver‘s license) and proof of address (utility bill or bank statement).
• Account Funding: Once your account is verified, proceed to fund your trading account. Choose from available deposit methods like bank transfers, credit/debit cards, or e-wallets, and deposit an amount equal to or exceeding the minimum required deposit for your chosen account type.
• Platform Setup and Start Trading: After funding your account, download and install the trading platform provided by 101FX. Familiarize yourself with the platform’s interface, tools, and functionalities. You can now begin analyzing the markets, placing trades, and managing your positions based on your trading strategy.

　　By following these steps diligently, you can successfully register and open an account with 101FX, gaining access to their trading platform and commencing your trading activities.