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Rating Index

Pros

Offers access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
User-friendly trading platform for clients worldwide.
Established since 1991, indicating a level of experience in the industry.

Cons

Not properly regulated, raising concerns about safety and security for clients.
Lacks insurance for clients, which could lead to potential financial risks.
Does not support popular trading platforms like MT4 or MT5, limiting options for some traders.

FEM broker Accounts

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

Part 1: fem Account Types Overview

fem Account Types Explained

The fem trading platform offers various account types tailored to different trading needs and experiences. Below is a detailed overview of the available account types:

  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: Suitable for beginners, access to all trading instruments, and basic trading tools.
  • Target User Profile: Beginners
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies
  1. ECN Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Spreads from 0.0 pips + commission per trade
  • Leverage Options: Up to 1:200
  • Key Features: Direct market access, lower spreads, and faster execution.
  • Target User Profile: Intermediate to advanced traders
  • Trading Instruments Available: Forex, commodities, and indices
  1. Pro Account
  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Tight spreads with lower commissions
  • Leverage Options: Up to 1:100
  • Key Features: Advanced trading tools, priority customer support, and access to exclusive market insights.
  • Target User Profile: Professional traders
  • Trading Instruments Available: Forex, commodities, indices, and 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 trading to comply with Islamic law.
  • Target User Profile: Muslim traders
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies
  1. Demo Account
  • Minimum Deposit Requirement: Virtual funds (typically $10,000)
  • Spread/Commission Structure: Same as Standard Account
  • Leverage Options: Same as Standard Account
  • Key Features: Risk-free trading environment to practice strategies.
  • Target User Profile: Beginners and traders testing new strategies
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

Account Type Comparison Table

Account Type Minimum Deposit Spread (pips) Leverage Key Features Target User Profile
Standard $100 From 1.0 Up to 1:500 Basic trading tools Beginners
ECN $500 From 0.0 + commission Up to 1:200 Direct market access Intermediate to advanced
Pro $1,000 Tight spreads Up to 1:100 Advanced tools, priority support Professional traders
Islamic $100 Similar to Standard Up to 1:500 Swap-free trading Muslim traders
Demo Virtual funds Same as Standard Same as Standard Risk-free environment Beginners, strategy testers

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

Part 2: fem Account Features Comparison

Detailed fem Account Features

When comparing the features of fem account types, the following aspects are crucial:

  • Minimum Deposit
  • Maximum Leverage
  • Spreads (Typical/Minimum)
  • Commission Fees
  • Lot Size (Micro/Mini/Standard)
  • Available Trading Platforms (MT4/MT5/Proprietary)
  • Execution Type (Market/Instant/ECN)
  • Islamic Account Availability
  • Swap-Free Options
  • Demo Account Features

Features Comparison Table

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 Virtual funds
Maximum Leverage 1:500 1:200 1:100 1:500 Same as Standard
Typical Spread From 1.0 From 0.0 Tight Similar to Standard Same as Standard
Commission Fees None Yes Lower None None
Lot Size Standard Standard Standard Standard N/A
Trading Platforms MT4/MT5 MT4/MT5 MT4/MT5 MT4/MT5 MT4/MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features N/A N/A N/A N/A Yes

Advantages and Disadvantages of Each Account Type

Standard Account

  • Advantages:
  • Low minimum deposit
  • User-friendly for beginners
  • Access to a wide range of instruments
  • Disadvantages:
  • Higher spreads compared to ECN
  • Limited advanced features

ECN Account

  • Advantages:
  • Tight spreads and low commissions
  • Faster execution speeds
  • Direct market access
  • Disadvantages:
  • Higher minimum deposit
  • May not be suitable for beginners

Pro Account

  • Advantages:
  • Advanced trading tools
  • Lower trading costs for high volume traders
  • Priority customer support
  • Disadvantages:
  • High minimum deposit
  • More complex for new traders

Islamic Account

  • Advantages:
  • Complies with Islamic law
  • No swap fees
  • Accessible to Muslim traders
  • Disadvantages:
  • Limited to specific trading conditions
  • May have fewer features than standard accounts

Demo Account

  • Advantages:
  • Risk-free environment
  • Practice trading strategies
  • Access to all trading instruments
  • Disadvantages:
  • Virtual funds may not reflect real market conditions
  • Limited duration of use

Part 3: fem Account Opening Requirements

fem Account Registration Requirements

To open a fem account, the following eligibility criteria must be met:

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Availability may vary by region; check local regulations.
  • Prohibited Countries: Specific countries may be restricted from opening accounts (details not specified).
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or drivers license)
  • Proof of residence (utility bill or bank statement)
  • Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.
  • KYC/AML Compliance Procedures: All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
  • Verification Time Frames: Account verification typically takes 1-3 business days.

Part 4: fem Account Opening Process

Step-by-Step fem Account Opening Guide

  1. Visit Website and Click Registration: Go to the official fem website and find the registration button.
  2. Personal Information Entry: Fill in your personal details, including name, email, phone number, and preferred password.
  3. Choose Account Type: Select the type of account you wish to open based on your trading needs.
  4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
  5. Document Upload: Upload required identity verification documents.
  6. Account Verification: Wait for the account to be verified by the fem team.
  7. Fund Your Account: Once approved, deposit funds to activate your trading account.
  8. Start Trading: Download the trading platform and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but mobile may have a more streamlined interface.

Common Registration Issues and Solutions

  • Email Not Received: Check spam folder or request a new verification email.
  • Document Rejection: Ensure documents are clear and meet the specified requirements.

Average Account Approval Time

  • Typically, account approval takes between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

  • Contact customer support to request an upgrade or downgrade of your account type.

Part 5: fem Demo Account Information

fem Demo Account Guide

  • Demo Account Features and Benefits: Provides a risk-free environment to practice trading strategies with virtual funds.
  • How to Open a Demo Account: Follow the same registration process, selecting the demo account option.
  • Demo Account Limitations: Limited to a virtual balance and may expire after a certain period.
  • Virtual Balance Amount: Typically around $10,000 in virtual funds.
  • Demo vs Live Account Differences: Live accounts involve real money and market conditions, while demo accounts use virtual funds.
  • Duration/Expiry of Demo Accounts: Demo accounts usually remain active for a limited time, often 30 days.

Part 6: fem Islamic Account (if available)

fem Islamic Account Details

  • Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
  • Eligibility Requirements: Must provide proof of Islamic faith.
  • Differences from Standard Accounts: No swap fees and may have specific trading conditions.
  • How to Apply for Islamic Account: Select the Islamic account option during the registration process.
  • Restrictions or Special Conditions: Must comply with Islamic trading principles.

FAQs – fem Account Types & Opening

  1. What account types does fem offer?
  • fem 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: Virtual funds.
  1. How long does fem account verification take?
  • Verification typically takes 1-3 business days.
  1. Does fem offer demo accounts?
  • Yes, fem provides demo accounts for practice trading.
  1. Can I have multiple account types with fem?
  • Yes, you can open multiple accounts of different types.
  1. Does fem offer Islamic/swap-free accounts?
  • Yes, Islamic accounts are available for Muslim traders.
  1. What documents do I need to open a fem account?
  • Government-issued ID and proof of residence.
  1. Can I change my account type after registration?
  • Yes, you can request to upgrade or downgrade your account type through customer support.

FEM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FEM Account