bigfx Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: bigfx Account Types Overview
bigfx Account Types Explained
Bigfx offers several account types tailored to different trading needs and profiles. Heres a detailed overview:
- Elementary Account
- Minimum Deposit: $250
- Spread/Commission Structure: Fixed spreads starting at 3.5 pips for EUR/USD
- Leverage Options: Up to 1:100
- Key Features: Basic trading tools, suitable for beginners
- Target User Profile: New traders
- Trading Instruments Available: Forex pairs, commodities
- Standard Account
- Minimum Deposit: $500
- Spread/Commission Structure: Variable spreads starting at 2.0 pips
- Leverage Options: Up to 1:200
- Key Features: Access to advanced trading tools and educational resources
- Target User Profile: Intermediate traders
- Trading Instruments Available: Forex pairs, commodities, indices
- Investor A Account
- Minimum Deposit: $1,000
- Spread/Commission Structure: Variable spreads, lower than Standard
- Leverage Options: Up to 1:300
- Key Features: Enhanced trading conditions, priority customer support
- Target User Profile: Experienced traders
- Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies
- Trader VS Account
- Minimum Deposit: $5,000
- Spread/Commission Structure: Tight spreads, commission-based
- Leverage Options: Up to 1:300
- Key Features: Professional trading tools, direct market access
- Target User Profile: Professional traders
- Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies
- Premium A+ Account
- Minimum Deposit: $10,000
- Spread/Commission Structure: Custom spreads tailored to trading volume
- Leverage Options: Up to 1:300
- Key Features: Personalized trading conditions, dedicated account manager
- Target User Profile: Institutional traders
- Trading Instruments Available: All available trading instruments
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Elementary Account
- Intermediate Traders: Standard Account
- Experienced Traders: Investor A Account
- Professional Traders: Trader VS Account
- Institutional Traders: Premium A+ Account
Part 2: bigfx Account Features Comparison
Detailed bigfx Account Features
When considering bigfx account types, its essential to compare their features:
Minimum Deposit:
Elementary: $250
Standard: $500
Investor A: $1,000
Trader VS: $5,000
Premium A+: $10,000
Maximum Leverage:
Elementary: 1:100
Standard: 1:200
Investor A: 1:300
Trader VS: 1:300
Premium A+: 1:300
Spreads (Typical/Minimum):
Elementary: 3.5 pips
Standard: 2.0 pips
Investor A: Variable
Trader VS: Tight
Premium A+: Custom
Commission Fees:
Elementary: None
Standard: None
Investor A: Low commission
Trader VS: Commission-based
Premium A+: Custom commissions
Lot Size:
Elementary: Micro
Standard: Mini
Investor A: Standard
Trader VS: Standard
Premium A+: Standard
Available Trading Platforms:
All accounts: MT4, MT5
Execution Type:
Elementary: Market
Standard: Instant
Investor A: ECN
Trader VS: ECN
Premium A+: ECN
Islamic Account Availability:
Available for all account types upon request
Swap-Free Options:
Available for Islamic accounts
Demo Account Features:
Virtual balance for practice trading, available for all account types
Advantages of Each Account Type
-
Elementary Account:
Low entry barrier
Basic tools for learning
No commission fees
Standard Account:
Balanced features for growth
Access to educational resources
Competitive spreads
Investor A Account:
Enhanced trading conditions
Lower spreads
Priority support
Trader VS Account:
Professional trading tools
Direct market access
Tight spreads
Premium A+ Account:
Custom trading conditions
Dedicated account manager
Tailored support
Disadvantages of Each Account Type
-
Elementary Account:
Limited features
Higher spreads
Standard Account:
Higher minimum deposit compared to Elementary
Limited advanced tools
Investor A Account:
Higher minimum deposit
Requires more trading experience
Trader VS Account:
Significant minimum deposit
Commission fees may apply
Premium A+ Account:
Very high minimum deposit
Suitable only for institutional traders
Part 3: bigfx Account Opening Requirements
bigfx Account Registration Requirements
To open an account with bigfx, traders must meet the following eligibility criteria:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to most countries; however, some regions may be restricted.
- Prohibited Countries: Specific countries may be restricted due to regulatory issues.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID)
- Proof of residence (utility bill or bank statement)
- Proof of Residence Requirements: Recent documents showing the name and address of the applicant.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
Bigfx adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and financial background.
Verification Time Frames
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Part 4: bigfx Account Opening Process
Step-by-Step bigfx Account Opening Guide
- Visit Website and Click Registration: Go to the bigfx website and click on the "Open Account" button.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the required minimum amount to start trading.
- Start Trading: Access your trading platform and 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 failures.
- Solution: Ensure documents are clear and meet the required formats.
- Issue: Delayed verification.
- Solution: Contact customer support for assistance.
Average Account Approval Time
Typically, account approval takes 1-3 business days, depending on the verification process.
How to Upgrade/Downgrade Account Types
Traders can request to upgrade or downgrade their account types through customer support, subject to the minimum deposit requirements of the new account type.
bigfx Demo Account Guide
- Demo Account Features and Benefits: Allows traders to practice trading in a risk-free environment with virtual funds.
- How to Open a Demo Account: Follow the same registration process and select the demo account option.
- Demo Account Limitations: Limited to a specific virtual balance and may expire after a certain period.
- Virtual Balance Amount: Typically ranges from $10,000 to $100,000 in virtual funds.
- Demo vs Live Account Differences: Demo accounts do not involve real money and may have different trading conditions.
- Duration/Expiry of Demo Accounts: Demo accounts usually last for 30 days but can be extended upon request.
Part 6: bigfx Islamic Account (if available)
bigfx Islamic Account Details
- Swap-Free/Islamic Account Availability: Bigfx offers Islamic accounts that comply with Sharia law, free from swap fees.
- Eligibility Requirements: Clients must request an Islamic account during the registration process.
- Differences from Standard Accounts: Islamic accounts do not incur swap fees and have specific trading conditions.
- How to Apply for Islamic Account: Indicate the request during the account registration or contact customer support.
- Restrictions or Special Conditions: Must adhere to Islamic trading principles, including no interest charges.
FAQs – bigfx Account Types & Opening
- What account types does bigfx offer?
- Bigfx offers Elementary, Standard, Investor A, Trader VS, and Premium A+ accounts.
- What is the minimum deposit for each account type?
- Elementary: $250, Standard: $500, Investor A: $1,000, Trader VS: $5,000, Premium A+: $10,000.
- How long does bigfx account verification take?
- Account verification typically takes 1-3 business days.
- Does bigfx offer demo accounts?
- Yes, bigfx provides demo accounts for practice trading.
- Can I have multiple account types with bigfx?
- Yes, clients can open multiple accounts, subject to the minimum deposit requirements.
- Does bigfx offer Islamic/swap-free accounts?
- Yes, bigfx offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a bigfx account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, account types can be changed by contacting customer support.
BigFx accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 5000 $ by (2+) --.