FRX Forex Broker keeps up-to-date with the latest trading account information, including ECN, VIP, Standard maximum leverage of 1:200, trading varieties, and more
Rating Index
Pros
Leverage up to 1:500
Wide range of tradable instruments including forex, commodities, and cryptocurrencies
Demo account available for beginners to practice trading
Cons
Suspicious regulatory status, flagged as a clone broker
Negative reviews regarding withdrawal issues and customer service
High potential risk associated with trading on an unregulated platform
FRX broker Accounts
ECN
Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
USD 10,000
Minimum Spread
from 0.8
Depositing Method
(5+) VISA BTC MASTER
Withdrawal Method
(5+) VISA BTC MASTER
Minimum position
0.01
Commission
No
Products
--
VIP
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
USD 1,000
Minimum Spread
from 1.4
Depositing Method
(5+) BTC MASTER VISA
Withdrawal Method
(5+) VISA BTC MASTER
Minimum position
0.01
Commission
No
Products
--
Standard
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
USD 100
Minimum Spread
from 1.8
Depositing Method
(5+) VISA BTC MASTER
Withdrawal Method
(5+) VISA BTC MASTER
Minimum position
0.01
Commission
No
Products
--
FRX MARKETS Account Type
FRX MARKETS offers three distinct types of trading accounts tailored to meet the diverse needs of traders:
- Standard Account
- Minimum Deposit: $100
- Leverage: Up to 1:500
- Order Volume: From 0.01 with a step of 0.01
- Spreads: From 1.8 pips
- Commission: No commission
- Stop Out Level: 20%
- Account Currency: USD
- VIP Account
- Minimum Deposit: $1,000
- Leverage: Up to 1:500
- Order Volume: From 0.01 with a step of 0.01
- Spreads: From 1.4 pips
- Commission: No commission
- Stop Out Level: 20%
- Account Currency: USD
- ECN Account
- Minimum Deposit: $10,000
- Leverage: Up to 1:200
- Order Volume: From 0.01 with a step of 0.01
- Spreads: From 0.8 pips
- Commission: No commission
- Stop Out Level: 20%
- Account Currency: USD
- Research and Choose Account Type
- Review the account types available (Standard, VIP, ECN) and select one based on your trading needs and capital.
- Complete the Application
- Fill in your personal details in the secure online application form available on the FRX MARKETS website.
- Submit Identification Documents
- Provide necessary identification documents such as a valid passport or driver's license and proof of address (e.g., utility bill, bank statement).
- Fund Your Account
- Make a deposit via debit/credit card, wire transfer, or cryptocurrencies. The minimum deposit varies based on the account type chosen.
- Account Approval
- Once your application is approved, you will receive login credentials to access your trading account.
- Download Trading Platform
- Download and install the MT5 trading platform on your desktop or mobile device.
- Start Trading
- After familiarizing yourself with the platform, you can start trading with real funds.
All accounts allow trading on the world-class MT5 platform, providing ultra-fast trade execution and a wide selection of expert advisors.
FRX MARKETS Broker Account Opening Process
To open an account with FRX MARKETS, follow these steps:
FRX Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
FRX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of USD 10,000 by (2+) (5+) VISA BTC MASTER.