4xtra broker Accounts

4xtra Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

4xtra Account Types Explained

4xtra offers a variety of account types tailored to meet the needs of different traders, from beginners to experienced professionals. Below is a detailed overview of each account type available at 4xtra.

1. Standard Account

• Minimum Deposit Requirement: $50
• Spread/Commission Structure: Minimum floating spread of 1.0 pips
• Leverage Options: Up to 1:500
• Key Features:
• Ultra-fast execution
• No restrictions on positions or trading strategies
• Target User Profile: Ideal for beginner traders
• Trading Instruments Available: 82 instruments including forex pairs, commodities, and indices

2. ECN Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 0.0 pips, with a commission fee
• Leverage Options: Up to 1:500
• Key Features:
• Direct market access
• Best execution prices
• Target User Profile: Suitable for advanced traders and scalpers
• Trading Instruments Available: 82 instruments including forex, commodities, and cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Minimum floating spread of 0.0 pips, commission applicable
• Leverage Options: Up to 1:500
• Key Features:
• Designed for professional traders
• Access to advanced trading tools
• Target User Profile: Experienced traders looking for professional trading conditions
• Trading Instruments Available: 82 instruments including forex pairs, commodities, and indices

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard or Pro account, depending on user selection
• Leverage Options: Up to 1:500
• Key Features:
• Swap-free trading options
• Complies with Sharia law
• Target User Profile: Muslim traders seeking compliant trading options
• Trading Instruments Available: 82 instruments including forex, commodities, and indices

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000)
• Spread/Commission Structure: Similar to live accounts
• Leverage Options: Up to 1:500
• Key Features:
• Risk-free environment for practice
• Access to all trading instruments
• Target User Profile: Beginners and those wanting to test strategies
• Trading Instruments Available: 82 instruments including forex pairs, commodities, and indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice Traders: Demo Account

Detailed 4xtra Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Suitable for beginners

• No commission fees

• ECN Account:

• Tight spreads

• Direct market access

• Ideal for scalping

• Pro Account:

• Professional trading conditions

• Best execution prices

• Suitable for high-volume traders

• Islamic Account:

• Complies with Sharia law

• Swap-free trading

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Commission fees can add up

• Requires more trading knowledge

• Pro Account:

• Higher minimum deposit

• Commission fees apply

• Islamic Account:

• Limited availability of certain features

• May have higher spreads

• Demo Account:

• No real profits or losses

• Limited duration before expiry

4xtra Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries; specific restrictions may apply
• Prohibited Countries: Countries under sanctions or restrictions by 4xtra
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents showing name and address
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

4xtra adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all users to verify their identity and address before trading.

Verification Time Frames

• Standard Verification: Typically completed within 24-48 hours
• Additional Documentation: May take longer depending on the complexity of the documents provided

Step-by-Step 4xtra Account Opening Guide

Registration Process

1. Visit Website and Click Registration: Navigate to the 4xtra homepage and select the registration option.
2. Personal Information Entry: Fill out the required personal details, including name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload required identification and proof of address documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to start trading.
8. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with slight variations in layout. Mobile users may find the process more streamlined for quick entry.

Common Registration Issues and Solutions

• Document Rejection: Ensure documents are clear and up-to-date.
• Email Verification Issues: Check spam/junk folders for verification emails.
• Account Approval Delays: Contact customer support for assistance.

Average Account Approval Time

Most accounts are approved within 24-48 hours, but this may vary based on the completeness of the submitted documents.

How to Upgrade/Downgrade Account Types

Users can contact customer support to request an upgrade or downgrade of their account type, subject to meeting the minimum deposit and requirements of the new account type.

4xtra Demo Account Guide

Demo Account Features and Benefits

• Risk-Free Environment: Practice trading without financial risk.
• Access to All Instruments: Trade all available instruments with virtual funds.
• Learning Tool: Ideal for beginners to learn trading strategies.

How to Open a Demo Account

• Visit the 4xtra website and select the demo account option.
• Complete the registration process similar to a live account.

Demo Account Limitations

• Virtual Balance Amount: Typically set at $10,000 or similar.
• Duration/Expiry of Demo Accounts: Demo accounts may expire after a set period, usually 30 days.

Demo vs Live Account Differences

• Real vs Virtual Funds: Demo accounts use virtual funds, while live accounts involve real money.
• Market Conditions: Live accounts experience real market conditions, including slippage and spreads.

4xtra Islamic Account Details

Swap-Free/Islamic Account Availability

4xtra offers Islamic accounts that comply with Sharia law, allowing Muslim traders to participate without incurring interest.

Eligibility Requirements

• Must provide documentation confirming the need for an Islamic account.
• Standard account verification documents apply.

Differences from Standard Accounts

Islamic accounts do not incur swap fees, making them suitable for long-term positions.

How to Apply for Islamic Account

Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions, including limitations on certain instruments or strategies.

FAQs – 4xtra Account Types & Opening

1. What account types does 4xtra offer？

   4xtra offers Standard, ECN, Pro, Islamic, and Demo accounts.

2. What is the minimum deposit for each account type？

• Standard Account: $50
• ECN Account: $100
• Pro Account: $100
• Islamic Account: $100
• Demo Account: Virtual balance

1. How long does 4xtra account verification take？

   Verification typically takes 24-48 hours, depending on document completeness.

2. Does 4xtra offer demo accounts？

   Yes, 4xtra provides demo accounts for practice trading.

3. Can I have multiple account types with 4xtra？

   Yes, users can have multiple account types, subject to meeting the requirements.

4. Does 4xtra offer Islamic/swap-free accounts？

   Yes, 4xtra offers Islamic accounts that comply with Sharia law.

5. What documents do I need to open a 4xtra account？

   You need a government-issued ID and proof of residence.

6. Can I change my account type after registration？

   Yes, you can request to upgrade or downgrade your account type through customer support.