ActiveFx broker Accounts

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

activefx Account Types Explained

activefx offers a variety of account types tailored to meet the diverse needs of traders, from beginners to advanced professionals. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 500:1.
• Key Features: Suitable for beginners, user-friendly platform, access to educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Spreads from 0.0 pips; commission of $2.5 per $100k traded.
• Leverage Options: Up to 500:1.
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Spreads from 0.1 pips; commission of $1 per $100k traded.
• Leverage Options: Up to 500:1.
• Key Features: Enhanced trading conditions, priority execution, and advanced tools.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 500:1.
• Key Features: Compliant with Sharia law, no interest charges on overnight positions.
• Target User Profile: Traders of Islamic faith.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit: Virtual balance provided (typically $10,000).
• Spread/Commission Structure: Simulated trading conditions.
• Leverage Options: Up to 500:1 (simulated).
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed activefx Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• No commission fees.

• Access to educational resources.

• ECN Account:

• Low spreads for high-frequency trading.

• Direct market access.

• Suitable for experienced traders.

• Pro Account:

• Competitive pricing for professional traders.

• Enhanced execution speed.

• Access to advanced trading tools.

• Islamic Account:

• Compliant with Islamic finance principles.

• No overnight interest charges.

• Suitable for traders of Islamic faith.

• Demo Account:

• Risk-free trading environment.

• Practice with virtual funds.

• Ideal for testing strategies.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• Limited advanced features.

• ECN Account:

• Requires higher minimum deposit.

• Commission fees may add to trading costs.

• Pro Account:

• Higher minimum deposit requirement.

• May not be suitable for casual traders.

• Islamic Account:

• Limited to traders of Islamic faith.

• May have fewer features compared to standard accounts.

• Demo Account:

• Virtual trading may not reflect real market conditions.

• Limited duration for practice.

activefx Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; specific restrictions may apply based on local regulations.
• Prohibited Countries: Countries under sanctions or with specific trading restrictions.

Identity Verification Documents Needed

• Proof of Identity: Valid government-issued photo ID (passport, drivers license).
• Proof of Residence: Recent utility bill, bank statement, or tax return showing your name and address.

Additional Documentation for Professional Accounts

• Financial statements or proof of income may be required for professional account types.

KYC/AML Compliance Procedures

activefx adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and residence.

Verification Time Frames

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

Step-by-Step activefx Account Opening Guide

Registration Process

1. Visit the Website: Go to the activefx homepage.
2. Click Registration: Select the option to open a new account.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the account to be verified by the activefx team.
8. Fund Your Account: Deposit funds into your new trading account.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile experience may be optimized for smaller screens.

Common Registration Issues and Solutions

• Issue: Delays in verification.
• Solution: Ensure all documents are clear and meet the requirements.
• Issue: Difficulty in document upload.
• Solution: Check file formats and sizes; contact support if issues persist.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

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

activefx Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to the same trading platform and tools as live accounts.
• Ideal for testing strategies without financial risk.

How to Open a Demo Account

• Visit the activefx website and select the option to open a demo account.
• Complete the registration form and receive a virtual balance.

Demo Account Limitations

• Limited duration of use (typically 30-90 days).
• Virtual trading may not reflect real market conditions.

Virtual Balance Amount

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

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Live accounts incur real trading costs, including spreads and commissions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after a set period, often 30 to 90 days, but can be extended by contacting customer support.

activefx Islamic Account Details

Swap-Free/Islamic Account Availability

• activefx offers Islamic accounts that comply with Sharia law, ensuring no interest is charged on overnight positions.

Eligibility Requirements

• Available to all traders who adhere to Islamic finance principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees but may have different spreads or commissions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

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

FAQs – activefx Account Types & Opening

1. What account types does activefx offer？

• activefx 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 activefx account verification take？

• Verification typically takes 1-3 business days.

1. Does activefx offer demo accounts？

• Yes, activefx provides demo accounts for practice trading.

1. Can I have multiple account types with activefx？

• Yes, traders can have multiple account types.

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

• Yes, activefx offers Islamic accounts that comply with Sharia law.

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

• A valid ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.