AceFX broker Accounts

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

acefx Account Types Explained

Acefx offers a variety of account types tailored to meet the diverse needs of traders, from beginners to seasoned professionals. Below is a detailed overview of the available account types, their features, and target user profiles.

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pip
• Leverage Options: Up to 1:500
• Key Features:
• Access to a wide range of trading instruments
• Suitable for beginners
• Target User Profile: Ideal for novice traders looking to start trading with a low initial investment.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Suitable for scalpers and high-frequency traders
• Target User Profile: Advanced traders who require tight spreads and quick execution.
• Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features:
• Enhanced trading conditions
• Access to exclusive market analysis
• Target User Profile: Professional traders seeking better trading conditions and support.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to Standard Account but swap-free
• Leverage Options: Up to 1:500
• Key Features:
• No swap fees in compliance with Islamic finance principles
• Target User Profile: Traders of Islamic faith or those who prefer not to incur swap fees.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

5. Demo Account

• Minimum Deposit: Virtual balance (typically $10,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features:
• Risk-free environment to practice trading
• Access to all trading instruments
• Target User Profile: Beginners and experienced traders wanting to test strategies without financial risk.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed acefx Account Features

Account Features Comparison

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly for beginners
• Access to various trading instruments
• Disadvantages:
• Higher spreads compared to ECN
• Limited advanced features

ECN Account

• Advantages:
• Tight spreads
• Fast execution
• Ideal for scalping
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Competitive spreads
• Lower commission fees
• Enhanced support
• Disadvantages:
• Higher minimum deposit
• More complex for beginners

Islamic Account

• Advantages:
• Complies with Islamic finance principles
• No swap fees
• Disadvantages:
• Limited to specific trading conditions
• May have fewer features than Standard Account

Demo Account

• Advantages:
• Risk-free trading environment
• Access to all trading instruments
• Disadvantages:
• Virtual balance only
• Limited to practice trading

acefx Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders from most countries; specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or restrictions.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of residence (utility bill or bank statement)
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Acefx follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to verify the identity of its clients. This includes document verification and ongoing monitoring of transactions.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step acefx Account Opening Guide

Registration Process

1. Visit the Website: Go to the acefx official website.
2. Click Registration: Find and click the "Register" button.
3. Personal Information Entry: Fill out the required personal information, including name, email, and phone number.
4. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
5. Set Trading Preferences: Specify trading preferences such as leverage and trading platform.
6. Document Upload: Upload the necessary identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds into your account using the available payment methods.
9. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor differences in layout and navigation.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format (JPEG, PDF).
• Issue: Account verification delay.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is between 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• Account types can typically be changed by contacting customer support and providing the necessary documentation for the new account type.

acefx Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice trading strategies in a risk-free environment with virtual funds.

How to Open a Demo Account

• Follow the same registration process as for a live account, selecting "Demo Account" as the account type.

Demo Account Limitations

• The demo account is limited to virtual trading only and does not allow for real money trading.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• The demo account does not involve real money and may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

• Demo accounts may remain active for a limited period, typically 30 days, after which they may expire unless converted to a live account.

acefx Islamic Account Details

Swap-Free/Islamic Account Availability

• Acefx offers an Islamic account option that complies with Sharia law, allowing for trading without incurring swap fees.

Eligibility Requirements

• Traders must declare their intention to open an Islamic account and provide necessary documentation.

Differences from Standard Accounts

• Islamic accounts are swap-free and may have different trading conditions compared to standard accounts.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limited access to certain instruments or features.

FAQs – acefx Account Types & Opening

1. What account types does acefx offer？

• Acefx offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual balance.

1. How long does acefx account verification take？

• Verification typically takes 1-3 business days.

1. Does acefx offer demo accounts？

• Yes, acefx provides demo accounts for practice trading.

1. Can I have multiple account types with acefx？

• Yes, you can have multiple account types, but you may need to contact support for changes.

1. Does acefx offer Islamic/swap-free accounts？

• Yes, acefx offers Islamic accounts that are swap-free.

1. What documents do I need to open a acefx account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.