Fenics FX Account Type

Fenics FX offers a streamlined account structure primarily focused on a single account type for its clients. The broker does not provide multiple account plans, which simplifies the choice for traders. The main account type is designed for institutional traders, allowing them to access the Fenics FX platform through any approved prime broker. The brokerage offers competitive pricing with a volume-based fee structure and no integration or maintenance costs. This approach ensures that clients can engage in forex trading with actionable liquidity and efficient execution.

Fenics FX Broker Account Opening Process

To open an account with Fenics FX, follow these steps:

• Client Onboarding: Fenics FX clients can utilize any approved prime broker to access the platform.
• Credit Structure: The broker employs a bilateral (bank-to-bank) credit structure for trading.
• Documentation: Complete the necessary documentation, including a trading agreement and KYC checks.
• Liquidity Mapping: After successful verification, the Fenics FX team will approach partner banks to request liquidity for your entity.
• Account Access: Once the mappings are completed, clients will receive their login credentials to begin trading.

This process is designed to be efficient, ensuring that clients can start trading with minimal delays after fulfilling the required compliance checks.

For further details, visit the official website: Fenics FX