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FirewoodFX Forex Broker keeps up-to-date with the latest trading account information, including maximum leverage of 1:1000, trading varieties, and more

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FirewoodFX broker Accounts

ECN

Benchmark
C
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
USD 200
Minimum Spread
from 0
Depositing Method
(10+) Neteller Skrill
Withdrawal Method
(10+) Skrill PerfectMoney Neteller
Minimum Position
0.01
Commission
$7/lot
Products
--

Standard

Benchmark
C
Currency
--
Maximum Leverage
1:3000
SupportedEA
Minimum Deposit
USD 10
Minimum Spread
from 2
Depositing Method
(10+) Neteller Skrill
Withdrawal Method
(10+) PerfectMoney Neteller Skrill
Minimum Position
0.01
Commission
None
Products
--

Premium

Benchmark
C
Currency
--
Maximum Leverage
1:3000
SupportedEA
Minimum Deposit
USD 10
Minimum Spread
from 1
Depositing Method
(10+) Neteller Skrill
Withdrawal Method
(10+) Skrill PerfectMoney Neteller
Minimum Position
0.01
Commission
None
Products
--

Micro

Benchmark
C
Currency
--
Maximum Leverage
1:3000
SupportedEA
Minimum Deposit
USD 10
Minimum Spread
from 3
Depositing Method
(10+) Neteller Skrill
Withdrawal Method
(10+) Skrill PerfectMoney Neteller
Minimum Position
0.01
Commission
None
Products
--

Cent

Benchmark
C
Currency
--
Maximum Leverage
1:3000
SupportedEA
Minimum Deposit
USD 10
Minimum Spread
from 1
Depositing Method
(10+) Neteller Skrill
Withdrawal Method
(10+) PerfectMoney Neteller Skrill
Minimum Position
0.01
Commission
None
Products
--

  

FirewoodFX Account Type

  FirewoodFX offers five different types of trading accounts to cater to the needs of various traders:

  • Cent Account
    • Minimum Deposit: $10 (or equivalent in USC)
    • Spreads: Floating from 0.3 pips
    • Commission: None
    • Maximum Trade Size: 100 lots
    • Minimum Trade Size: 0.01 lot (1,000 USC)
    • Micro Account
      • Minimum Deposit: $10
      • Spreads: Fixed from 3 pips
      • Commission: None
      • Maximum Trade Size: 200 lots
      • Minimum Trade Size: 0.01 lot (10,000 USD)
      • Standard Account
        • Minimum Deposit: $10
        • Spreads: Fixed from 2 pips
        • Commission: None
        • Maximum Trade Size: 30 lots
        • Minimum Trade Size: 0.01 lot (100,000 USD)
        • Premium Account
          • Minimum Deposit: $100
          • Spreads: Fixed from 1 pip
          • Commission: None
          • Maximum Trade Size: 50 lots
          • Minimum Trade Size: 0.01 lot (100,000 USD)
          • ECN Account
            • Minimum Deposit: $200
            • Spreads: Floating from 0 pips
            • Commission: $7 per lot
            • Maximum Trade Size: 50 lots
            • Minimum Trade Size: 0.01 lot (100,000 USD)

              All accounts allow for scalping, hedging, and the use of Expert Advisors (EAs). Additionally, swap-free Islamic accounts are available.

              

            FirewoodFX Broker Account Opening Process

              Opening an account with FirewoodFX is a straightforward process that involves the following steps:

            •   Visit the FirewoodFX Website: Go to the official FirewoodFX website.

            •   Click on "Open Account": Look for the “Open Account” button on the homepage and click it.

            •   Fill in the Registration Form: Provide your full name, email address, phone number, and country of residence.

            •   Select Account Type: Swipe to choose the account type you want to open (Cent, Micro, Standard, Premium, or ECN).

            •   Agree to Terms and Conditions: Read and accept the terms and conditions.

            •   Verification Code: You will receive a four-digit verification code via email. Enter this code in the app or website.

            •   Account Credentials: After successful registration, your account credentials will be displayed. You can then log in to your private client area.

            •   Deposit Funds: Proceed to deposit funds into your account to start trading.

            •   Download Trading Platform: Download the MetaTrader 4 platform to begin trading.

            •   For more information, visit:

FirewoodFX accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities, Cryptocurrencies, Premium Neex accounts with a minimum deposit of USD 200 by (2+) bank transfer.