FG broker Accounts

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

Part 1: fg Account Types Overview

fg Account Types Explained

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, access to all trading instruments
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads from 0.1 pips, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for scalping
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips, commission of $2 per lot
• Leverage Options: Up to 1:400
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account, no swap fees
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of $10,000
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Risk-free environment to practice trading
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: All available instruments

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Advanced Traders: ECN Account
• Professional Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: fg Account Features Comparison

Detailed fg Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual balance

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.0 pips

• ECN: 0.1 pips

• Pro: 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 (0.01), Mini (0.1), Standard (1.0)

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: 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: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account

• Swap-Free Options: Available for Islamic Account

• Demo Account Features: Full access to trading instruments with virtual funds

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners

• No commission fees

• Wide range of instruments

• ECN Account:

• Tight spreads

• Direct market access

• Ideal for high-frequency trading

• Pro Account:

• Lower commission fees

• Advanced trading tools

• Priority support

• Islamic Account:

• Complies with Sharia law

• No swap fees

• Accessible to all trading instruments

• Demo Account:

• Risk-free trading environment

• Practice strategies before live trading

• Unlimited access to features

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 swap-free trading

• May have restrictions on certain instruments

• Demo Account:

• Virtual funds only

• No real market experience

Part 3: fg Account Opening Requirements

fg Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old

• Geographic Restrictions: Available in most countries, check specific regulations

• Prohibited Countries: Not specified, but typically includes regions under sanctions

• Identity Verification Documents Needed:

• Government-issued ID (passport, national ID)

• Proof of residence (utility bill, bank statement)

• Additional Documentation for Professional Accounts:

• Proof of trading experience or qualifications

• KYC/AML Compliance Procedures:

• Verification of identity and address

• Source of funds declaration

• Verification Time Frames:

• Typically 1-3 business days

Part 4: fg Account Opening Process

Step-by-Step fg Account Opening Guide

1. Visit Website and Click Registration: Go to the fg trading website and find the registration button.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
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, which can take 1-3 business days.
7. Fund Your Account: Once verified, deposit funds into your account.
8. Start Trading: Begin trading with your chosen account type.

Desktop vs Mobile Registration Differences

• Desktop registration typically offers a more comprehensive interface, while mobile registration may have simplified steps.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an account type change, providing necessary documentation if required.

Part 5: fg Demo Account Information

fg Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments

• Practice trading strategies without financial risk

• How to Open a Demo Account:

• Follow the registration process, selecting the demo account option.

• Demo Account Limitations:

• Virtual funds only; no real profits can be made.

• Virtual Balance Amount:

• Typically $10,000 in virtual funds.

• Demo vs Live Account Differences:

• Live accounts involve real money and market conditions, while demo accounts are risk-free.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually remain active for a limited time, often 30-90 days.

Part 6: fg Islamic Account (if available)

fg 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 applied.
• How to Apply for Islamic Account: Select the Islamic account option during registration.
• Restrictions or Special Conditions: Must adhere to Sharia law in trading practices.

FAQs – fg Account Types & Opening

1. What account types does fg offer？

• fg 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 balance.

1. How long does fg account verification take？

• Verification typically takes 1-3 business days.

1. Does fg offer demo accounts？

• Yes, fg offers demo accounts with a virtual balance.

1. Can I have multiple account types with fg？

• Yes, you can open multiple account types.

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

• Yes, fg offers Islamic accounts that are swap-free.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.