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FirstBit Forex Broker keeps up-to-date with the latest trading account information, including Black Diamond, Diamond, VIP, Gold, Silver, Basic maximum leverage of --, trading varieties, and more

Rating Index

Pros

Limited minimum deposit requirement of $250 makes it accessible for new traders.
Offers a variety of account types, which may cater to different trading preferences and strategies.
Provides cryptocurrency trading options, appealing to those interested in digital assets.

Cons

Unregulated status raises significant concerns about the safety of funds and lack of investor protection.
High withdrawal fees and conditions associated with bonuses may hinder access to funds.
The trading platform is web-based and lacks the advanced features found in popular platforms like MT4 or MT5, which may limit trading capabilities.

FirstBit broker Accounts

Black Diamond

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$1m And Above
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Diamond

Environment
--
Currency
--
Maximum Leverage
1:40
SupportedEA
Minimum Deposit
$500,000 - $1M
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

VIP

Environment
--
Currency
--
Maximum Leverage
1:40
SupportedEA
Minimum Deposit
$100,000 - $500,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Gold

Environment
--
Currency
--
Maximum Leverage
1:30
SupportedEA
Minimum Deposit
$25,000 - $100,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Silver

Environment
--
Currency
--
Maximum Leverage
1:20
SupportedEA
Minimum Deposit
$10,000 - $25,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Basic

Environment
--
Currency
--
Maximum Leverage
1:10
SupportedEA
Minimum Deposit
$250- $10,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

FirstBit Account Type

FirstBit offers five different types of trading accounts, each designed to cater to various trading needs and investment levels. Heres a breakdown of the account types available:

  • Basic Account
    • Minimum Deposit: $250
    • Leverage: Up to 1:10
    • Features: Access to basic trading features.
    • Silver Account
      • Minimum Deposit: $10,000
      • Leverage: Up to 1:20
      • Features: Enhanced trading features and support.
      • Gold Account
        • Minimum Deposit: $25,000
        • Leverage: Up to 1:30
        • Features: Advanced trading tools and benefits.
        • VIP Account
          • Minimum Deposit: $100,000
          • Leverage: Up to 1:40
          • Features: Premium services and dedicated support.
          • Diamond Account
            • Minimum Deposit: $500,000
            • Leverage: Up to 1:40
            • Features: Exclusive benefits, including personalized trading strategies.

            FirstBit Broker Account Opening Process

            To open an account with FirstBit, follow these steps:

            • Visit the Website
              • Registration
                • Click on the "Sign Up" button.
                • Choose your preferred registration method (email or mobile).
                • Fill in the required details, including your email address or mobile number, and set a password.
                • Verification
                  • You will receive a verification code via email or SMS, depending on your registration method. Enter this code to complete the registration.
                  • Complete KYC (Know Your Customer)
                    • KYC verification is optional for basic trading but required for accessing higher withdrawal limits and fiat services. Provide personal information, upload an ID document, and submit a selfie for verification.
                    • Funding Your Account
                      • After your account is approved, fund it using available methods such as credit card or Bitcoin.
                      • Start Trading
                        • Once your account is funded, you can start trading on the FirstBit platform.

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FirstBit accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $1m And Above by (2+) --.
FirstBit Account