Rating Index
Pros
Strong regulatory oversight from reputable agencies like CFTC and NFA.
Access to a wide range of trading instruments, including over 130 forex pairs and precious metals.
Low trading fees and competitive spreads for higher-tier accounts.
Cons
High minimum deposit requirement of $10,000, which may not be accessible for all traders.
Lack of Islamic account options, limiting accessibility for Muslim traders.
No clear information on deposit and withdrawal methods, which can create uncertainty for potential clients.
CITIFX broker Accounts
CitiFX Pro Account Type
CitiFX Pro offers three different types of trading accounts to cater to the needs of various traders:
- Standard Account
- Minimum Deposit: $10,000
- Spread: Low/Variable
- Trading Instruments: Forex
- Premium Account
- Minimum Deposit: $50,000
- Spread: Low/Variable
- Trading Instruments: Forex
- Premium (Commission) Account
- Minimum Deposit: $50,000
- Spread: Low/Fixed
- Trading Instruments: Forex
Choose the Account Type: Select from the Standard, Premium, or Premium (Commission) accounts based on your trading needs and financial capacity.
Submit an Application: Complete the online application form, providing personal information including name, address, date of birth, and trading experience.
Provide Documentation: Submit required documents for identity verification, such as a copy of your passport or national ID and a recent utility bill or bank statement.
Fund Your Account: After approval, fund your account via wire transfer. The minimum deposit required is $10,000 for Standard accounts and $50,000 for Premium accounts.
Download the Trading Platform: Access the CitiFX Pro trading platform, available in desktop, web, and mobile versions.
Start Trading: With your account funded and the platform set up, you can begin trading in the forex market.
All accounts provide access to over 130 currency pairs, along with precious metals and CFDs. The maximum leverage offered is 1:50.
CitiFX Pro Broker Account Opening Process
Opening an account with CitiFX Pro involves several steps:
For further assistance, customer support is available 24/5 through various channels.
CITIFX Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.