FTI broker Accounts

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

Part 1: fti Account Types Overview

fti Account Types Explained

FTI offers a variety of account types to cater to different trading needs and levels of experience. Below is a detailed overview of each account type:

Recommended Account Types by Trader Level

• Beginners: Classic Account
• Intermediate Traders: Classic or Islamic Account
• Advanced Traders: ECN Account
• Professional Traders: Pro Account
• All Levels: Demo Account for practice

Part 2: fti Account Features Comparison

Detailed fti Account Features

When comparing the features of different fti account types, the following aspects are crucial:

Advantages and Disadvantages of Each Account Type

Classic Account

• Advantages:
• Low minimum deposit
• User-friendly interface
• Access to trading tools
• Disadvantages:
• Higher spreads compared to ECN
• Limited leverage for advanced strategies

ECN Account

• Advantages:
• Direct market access
• Low spreads
• Faster execution speeds
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Tight spreads
• Priority customer support
• Advanced trading tools
• Disadvantages:
• Higher minimum deposit
• Limited leverage

Islamic Account

• Advantages:
• No swap fees
• Compliant with Sharia law
• Disadvantages:
• Limited availability of trading instruments

Demo Account

• Advantages:
• Risk-free trading environment
• Practice without financial commitment
• Disadvantages:
• Limited duration (typically 30 days)
• No real profit potential

Part 3: fti Account Opening Requirements

fti Account Registration Requirements

To open an fti account, the following eligibility criteria and documentation are required:

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Accounts may not be available to residents of certain jurisdictions, including the United States and specific countries where trading is prohibited.
• Prohibited Countries: Specific countries may be restricted based on local laws and regulations.

Identity Verification Documents Needed

• Valid government-issued photo ID (passport or national ID)
• Proof of residence (utility bill, bank statement, etc.)
• Additional documentation for professional accounts may include proof of income or trading experience.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

Verification Time Frames

• Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.

Part 4: fti Account Opening Process

Step-by-Step fti Account Opening Guide

1. Visit Website and Click Registration: Go to the official fti website and select the account type you wish to open.
2. Personal Information Entry: Fill out the registration form with your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents as specified.
6. Account Verification: Wait for the verification process to be completed by fti.
7. Fund Your Account: Once verified, fund your account using the available payment methods.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may experience a streamlined interface for quicker entry.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the required specifications.
• Issue: Delayed verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is typically 1 to 3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• To upgrade or downgrade your account type, contact fti customer support for guidance on the process and any additional requirements.

Part 5: fti Demo Account Information

fti Demo Account Guide

Demo Account Features and Benefits

• A demo account allows traders to practice trading strategies without financial risk, using virtual funds to simulate real market conditions.

How to Open a Demo Account

• Visit the fti website, select the demo account option, and complete the registration process similar to a live account.

Demo Account Limitations

• Demo accounts typically have a limited duration (usually 30 days) and may not provide access to all trading instruments available in live accounts.

Virtual Balance Amount

• The virtual balance amount in a demo account is usually set at a predetermined amount (e.g., $10,000) for practice purposes.

Demo vs Live Account Differences

• Demo accounts do not involve real money, while live accounts require actual funds and involve real trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after 30 days, but users may be able to request an extension depending on the broker's policies.

Part 6: fti Islamic Account Details

fti Islamic Account Details

Swap-Free/Islamic Account Availability

• FTI offers Islamic accounts that comply with Sharia law, allowing traders to engage in trading without incurring swap fees.

Eligibility Requirements

• To qualify for an Islamic account, traders must provide documentation confirming their adherence to Islamic finance principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, and they may have specific trading conditions to ensure compliance with Sharia law.

How to Apply for Islamic Account

• Traders can apply for an Islamic account during the registration process by selecting the Islamic account option and providing the necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have restrictions on certain trading strategies, such as those involving interest-bearing instruments.

FAQs – fti Account Types & Opening

1. What account types does fti offer？

• FTI offers Classic, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Classic: $100, ECN: $500, Pro: $1,000, Islamic: $100.

1. How long does fti account verification take？

• Verification typically takes 1 to 3 business days.

1. Does fti offer demo accounts？

• Yes, FTI offers demo accounts for practice trading.

1. Can I have multiple account types with fti？

• Yes, traders can open multiple account types as needed.

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

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

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

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

1. Can I change my account type after registration？

• Yes, you can contact customer support to upgrade or downgrade your account type.