FCS broker Accounts

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

Part 1: fcs Account Types Overview

fcs Account Types Explained

FCS offers a variety of account types to cater to different trading needs and preferences. Below are the available account types along with their features:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Ideal for beginners; access to all trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access; lower spreads; suitable for scalpers.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads starting from 0.5 pips with a commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools; priority customer support.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free; compliant with Sharia law.
• Target User Profile: Muslim traders seeking Sharia-compliant trading.
• Trading Instruments Available: Forex, commodities, indices.

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 without risk; access to all trading instruments.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: fcs Account Features Comparison

Detailed fcs Account Features

The following features compare the different account types available at FCS:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: Raw spreads

• Pro: From 0.5 pips

• Islamic: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Islamic Account Availability: Yes for Islamic Account

• Swap-Free Options: Available for Islamic Account

• Demo Account Features: Virtual funds, access to all instruments, same features as Standard Account

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• User-friendly for beginners

• Access to a wide range of instruments

• ECN Account:

• Direct market access

• Lower spreads

• Ideal for high-frequency trading

• Transparency in pricing

• Pro Account:

• Tightest spreads

• Lower commission fees

• Advanced trading tools

• Priority customer support

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Flexible trading options

• Same features as Standard Account

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Test strategies before live trading

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Higher minimum deposit

• Commission fees apply

• Islamic Account:

• Limited to Muslim traders

• May have restrictions on certain trading strategies

• Demo Account:

• Limited duration (typically 30 days)

• No real profit generation

Part 3: fcs Account Opening Requirements

fcs Account Registration Requirements

To open an account with FCS, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

FCS adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and source of funds.

Verification Time Frames

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

Part 4: fcs Account Opening Process

Step-by-Step fcs Account Opening Guide

1. Visit Website and Click Registration: Go to the FCS website and find the registration link.
2. Personal Information Entry: Fill out the registration form with your personal details.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. 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, but mobile users may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the specified format.
• 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

Account types can be changed by contacting customer support and following the necessary procedures for upgrading or downgrading.

Part 5: fcs Demo Account Information

fcs Demo Account Guide

• Demo Account Features and Benefits:

• Access to the same trading platform as live accounts.

• Practice trading strategies without financial risk.

• Ability to test different account types.

• How to Open a Demo Account:

• Visit the FCS website and select the demo account option.

• Fill out the registration form and submit.

• Demo Account Limitations:

• Limited duration (usually 30 days).

• Virtual funds only; no real trading.

• Virtual Balance Amount:

• Typically provided with a virtual balance of $10,000.

• Demo vs Live Account Differences:

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

• Demo accounts may not reflect real market conditions.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days unless extended.

Part 6: fcs Islamic Account (if available)

fcs Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, FCS offers Islamic accounts that comply with Sharia law.
• Eligibility Requirements: Must be a Muslim trader seeking a swap-free trading option.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees and have similar features to standard accounts.
• 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; no interest-based transactions.

FAQs – fcs Account Types & Opening

1. What account types does fcs offer？

• FCS 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: N/A.

1. How long does fcs account verification take？

• Verification typically takes 1-3 business days.

1. Does fcs offer demo accounts？

• Yes, FCS offers demo accounts for practice trading.

1. Can I have multiple account types with fcs？

• Yes, you can open multiple account types.

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

• Yes, FCS provides Islamic accounts that are swap-free.

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

• A government-issued 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.