BTFX Account Type

BTFX offers a variety of account types to cater to different trading needs and preferences. The available account types include:

• Standard Account:
• Minimum Deposit: $250
• Maximum Leverage: 1:200
• Commission: Starts at $5 per lot traded, reduced to a minimum of $1 per lot based on volume.
• Spread: Variable.
• Scalping: Allowed.
• ECN Account:
• Minimum Deposit: $250
• Leverage: Up to 1:200.
• Commission: $7 per lot.
• Average Spread: 0.5 pips on EUR/USD.
• Designed for traders looking for lower spreads and direct market access.
• Managed Accounts:
• Available for clients who prefer to have their trading handled by professionals.
• Specific terms and conditions apply, depending on the management agreement.
• Islamic Account:
• Swap-free accounts are available for clients who adhere to Islamic finance principles.
• Mini Account:
• Available for traders who prefer to trade smaller lot sizes.
• Minimum Lot Size: 0.1.

BTFX Broker Account Opening Process

To open an account with BTFX, follow these steps:

• Visit the Website: Go to BTFX's official website.

• Choose Account Type: Select the type of account that suits your trading needs (Standard, ECN, etc.).

• Fill Out Registration Form: Provide necessary personal information, including your name, email, and phone number.

• Verify Your Identity: Submit required documents for verification, including:

• Proof of Identity (Passport or ID Card).
• Proof of Residence (Utility bill or bank statement).

• Fund Your Account: Deposit the minimum required amount ($250) using one of the accepted payment methods (credit card, bank transfer, etc.).

• Start Trading: Once your account is verified and funded, you can log in to the trading platform (MT4) and begin trading.

For detailed assistance, you can contact BTFX's customer support via phone or email.