FOPU broker Accounts

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

fopu Account Types Explained

FOPU offers a variety of account types tailored to meet the needs of different traders, from beginners to advanced professionals. Below is a detailed overview of each account type available through FOPU.

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: Ideal for beginners; access to a wide range of trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.0 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads starting from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions, suitable for high-volume traders.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (usually $10,000).
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: Same as live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed fopu Account Features

Minimum Deposit

• Standard Account: $100
• ECN Account: $500
• Pro Account: $1,000
• Islamic Account: $100
• Demo Account: Virtual funds

Maximum Leverage

• Standard Account: Up to 1:500
• ECN Account: Up to 1:200
• Pro Account: Up to 1:400
• Islamic Account: Up to 1:500
• Demo Account: Up to 1:500

Spreads (Typical/Minimum)

• Standard Account: 1.0 pips
• ECN Account: 0.0 pips
• Pro Account: 0.5 pips
• Islamic Account: 1.0 pips
• Demo Account: 1.0 pips

Commission Fees

• Standard Account: None
• ECN Account: $5 per lot
• Pro Account: $3 per lot
• Islamic Account: None
• Demo Account: None

Lot Size

• Standard Account: Standard lots
• ECN Account: Standard lots
• Pro Account: Standard lots
• Islamic Account: Standard lots
• Demo Account: Virtual lots

Available Trading Platforms

• Standard Account: MT4
• ECN Account: MT4
• Pro Account: MT4
• Islamic Account: MT4
• Demo Account: MT4

Execution Type

• Standard Account: Market execution
• ECN Account: ECN execution
• Pro Account: Market execution
• Islamic Account: Market execution
• Demo Account: Market execution

Islamic Account Availability

• Yes, available for Standard and Islamic accounts.

Swap-Free Options

• Available for Islamic accounts.

Demo Account Features

• Virtual balance amount: Typically $10,000.
• Duration/expiry: Usually 30 days.

Advantages of Each Account Type

• Standard Account: Easy to use for beginners, no commission fees.
• ECN Account: Low spreads, suitable for high-frequency trading.
• Pro Account: Competitive trading conditions for professionals.
• Islamic Account: Compliant with Islamic finance principles.
• Demo Account: Safe environment to practice trading.

Disadvantages of Each Account Type

• Standard Account: Higher spreads compared to ECN.
• ECN Account: Requires a higher minimum deposit.
• Pro Account: Commission fees can add up for frequent traders.
• Islamic Account: Limited to specific trading conditions.
• Demo Account: No real profits can be made.

fopu Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or restrictions.

Identity Verification Documents Needed

• Government-issued ID (passport or national ID).
• Proof of residence (utility bill or bank statement).

Additional Documentation for Professional Accounts

• Proof of trading experience or financial status may be required for Pro Accounts.

KYC/AML Compliance Procedures

• All accounts must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Verification Time Frames

• Typically, account verification takes 1-3 business days.

Step-by-Step fopu Account Opening Guide

1. Visit Website and Click Registration

• Navigate to the FOPU website and select the "Register" button.

2. Personal Information Entry

• Fill out the registration form with personal details such as name, email, and phone number.

3. Choose Account Type

• Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).

4. Set Trading Preferences

• Specify trading preferences, including leverage and trading instruments.

5. Document Upload

• Upload required identity verification documents.

6. Account Verification

• Wait for the account to be verified by FOPUs compliance team.

7. Fund Your Account

• Deposit the minimum required amount to activate the account.

8. Start Trading

• Once funded, you can start trading on the platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, with minor interface adjustments.

Common Registration Issues and Solutions

• Issue: Documents not accepted.

  Solution: Ensure documents are clear and meet the requirements.

• Issue: Registration form errors.

  Solution: Double-check all entries for accuracy.

Average Account Approval Time

• Account approval typically takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an account type change.

fopu Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Provides access to the same trading conditions as live accounts.

How to Open a Demo Account

• Follow the same registration process and select "Demo Account" during account type selection.

Demo Account Limitations

• Limited to virtual trading and does not allow real profits.

Virtual Balance Amount

• Typically set at $10,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days but can be renewed.

fopu Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

• Must meet the standard account opening requirements and declare the need for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, adhering to Sharia law.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must comply with all other trading conditions applicable to standard accounts.

FAQs – fopu Account Types & Opening

1. What account types does fopu offer？

• FOPU 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 funds.

1. How long does fopu account verification take？

• Verification typically takes 1-3 business days.

1. Does fopu offer demo accounts？

• Yes, FOPU provides demo accounts for practice trading.

1. Can I have multiple account types with fopu？

• Yes, traders can open multiple account types.

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

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

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

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

1. Can I change my account type after registration？

• Yes, you can request a change in account type through customer support.