FNmarkets Forex Broker keeps up-to-date with the latest trading account information, including Islamic, Raw, Standard maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Potential for high leverage options, up to 1:500, which can attract experienced traders.
Offers a variety of trading instruments including forex, commodities, and cryptocurrencies.
User-friendly webtrader platform that allows for quick onboarding.
Cons
Lacks regulation and oversight, raising concerns about the safety of client funds.
Numerous negative reviews and red flags indicating potential fraudulent activities.
High withdrawal fees and unclear conditions for accessing funds, which may deter traders.
FNmarkets broker Accounts
Islamic
Raw
Standard
FNmarkets Account Types
FNmarkets offers three distinct account types to cater to various trading needs:
- Standard Account
- Commission: $0
- Spread: From 0.8 pips
- Execution Type: STP (Straight Through Processing)
- Minimum Deposit: $50
- Maximum Leverage: 1:500
- Best For: New and general traders
- Raw Account
- Commission: $7 per lot round turn
- Spread: From 0.0 pips
- Execution Type: STP
- Minimum Deposit: $50
- Maximum Leverage: 1:500
- Best For: Scalpers and professional traders
- Islamic Account
- Commission: $0
- Spread: From 0.8 pips
- Execution Type: STP
- Minimum Deposit: $50
- Maximum Leverage: 1:500
- Best For: Shariah-compliant traders
Choose Your Account Type: Decide between Standard, Raw, or Islamic account based on your trading strategy and needs.
Register Online:
- Visit the FNmarkets website.
- Click on the "Register" button.
- Fill in the required details such as name, email, and phone number.
- Document Verification:
- Provide a valid identification document (passport, national ID, or driving license).
- Optionally, submit a recent government-issued utility bill if requested.
- Ensure to upload clear images of the documents as scanned documents or screenshots are not accepted.
- Account Activation:
- After registration and document submission, wait for verification.
- Once verified, you will receive an email with your account details.
Deposit Funds: Make a minimum deposit of $50 to start trading.
Start Trading: Access your account and begin trading across various asset classes.
All account types allow for a minimum lot size of 0.01, no limit on maximum open orders, and support for EA/VPS and hedging. The Islamic account is swap-free, with no overnight interest charges applied.
FNmarkets Broker Account Opening Process
To open an account with FNmarkets, follow these steps:
For more details, you can visit FNmarkets Account Types and FNmarkets Help Center.
FNmarkets Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.