FC Coin broker Accounts

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

Part 1: fc coin Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.2 pips, no commission.
• Leverage Options: Up to 1:30.
• Key Features: Basic trading features, access to major currency pairs.
• Target User Profile: Beginners.
• Trading Instruments Available: Forex, commodities.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads from 0.1 pips, commission of $3 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Direct market access, lower spreads.
• Target User Profile: Advanced traders.
• Trading Instruments Available: Forex, indices, commodities.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $2 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, cryptocurrencies, commodities.

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free.
• Leverage Options: Up to 1:100.
• Key Features: Compliance with Islamic finance principles.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• Key Features: Practice trading with virtual funds.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: fc coin Account Features Comparison

Detailed fc coin Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:30

• ECN: 1:100

• Pro: 1:200

• Islamic: 1:100

• Demo: Same as Standard

• Spreads (Typical/Minimum):

• Standard: From 1.2 pips

• ECN: From 0.1 pips

• Pro: From 0.0 pips

• Islamic: Similar to Standard or ECN

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Standard

• Pro: Standard

• Islamic: Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: ECN

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Islamic Account type only.

• Swap-Free Options:

• Available for Islamic Account.

• Demo Account Features:

• Virtual balance for practice trading.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Tight spreads.

• Direct market access.

• Suitable for advanced traders.

• Pro Account:

• Lowest spreads.

• Priority support.

• Ideal for professional trading.

• Islamic Account:

• Complies with Islamic finance principles.

• No swap fees.

• Demo Account:

• Risk-free trading environment.

• Practice strategies without financial risk.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN and Pro.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Requires a significant initial investment.

• More complex trading tools may overwhelm beginners.

• Islamic Account:

• Limited to specific trading conditions.

• May not be suitable for all traders.

• Demo Account:

• Virtual funds do not translate to real trading experience.

• Limited duration for practice.

Part 3: fc coin Account Opening Requirements

fc coin Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Minimum age of 18 years.

• Geographic Restrictions: Available in most countries, but may be restricted in certain regions.

• Prohibited Countries: Specific countries may be restricted based on local regulations.

• Identity Verification Documents Needed:

• Government-issued ID (passport, drivers license).

• Proof of income (bank statement, payslip).

• Proof of Residence Requirements:

• Utility bill or bank statement showing your name and address.

• Additional Documentation for Professional Accounts:

• Financial statements or proof of trading experience may be required.

• KYC/AML Compliance Procedures:

• All accounts must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames:

• Typically, account verification takes 1-3 business days.

Part 4: fc coin Account Opening Process

Step-by-Step fc coin Account Opening Guide

1. Visit Website and Click Registration:

• Navigate to the official fc coin website and select the registration option.

1. Personal Information Entry:

• Fill in personal details such as name, email address, and phone number.

1. Choose Account Type:

• Select the desired account type based on your trading needs.

1. Set Trading Preferences:

• Indicate your trading preferences and risk tolerance.

1. Document Upload:

• Upload required identity verification documents.

1. Account Verification:

• Wait for the verification process to complete.

1. Fund Your Account:

• Deposit the minimum required amount to activate your account.

1. Start Trading:

• Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

• Registration processes are generally similar, but mobile platforms may have simplified forms.

Common Registration Issues and Solutions

• Issue: Document upload errors.

• Solution: Ensure documents are clear and meet format requirements.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request changes to your account type.

Part 5: fc coin Demo Account Information

fc coin Demo Account Guide

• Demo Account Features and Benefits:

• Practice trading without financial risk.

• Access to the same trading platforms and tools as live accounts.

• How to Open a Demo Account:

• Select the demo account option during registration.

• Demo Account Limitations:

• Limited duration for use (typically 30 days).

• Virtual Balance Amount:

• Usually provided with a virtual balance of $100,000.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money.

• Duration/Expiry of Demo Accounts:

• Demo accounts typically expire after 30 days of inactivity.

Part 6: fc coin Islamic Account Details

fc coin Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Available for traders who require compliance with Islamic finance principles.

• Eligibility Requirements:

• Must provide documentation confirming Islamic status.

• Differences from Standard Accounts:

• No swap fees applied.

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process.

• Restrictions or Special Conditions:

• Must adhere to Islamic trading principles.

FAQs – fc coin Account Types & Opening

1. What account types does fc coin offer？

• 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: $500, Demo: N/A.

1. How long does fc coin account verification take？

• Typically 1-3 business days.

1. Does fc coin offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with fc coin？

• Yes, you can have multiple accounts, but each must be registered separately.

1. Does fc coin offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support.