FTN broker Accounts

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

Part 1: ftn Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Fixed spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly platform, ideal for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads starting from 0 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, cryptocurrencies, commodities

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads with lower commission fees
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer service
• Target User Profile: Professional traders
• Trading Instruments Available: All instruments available

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: All instruments available

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: ftn Account Features Comparison

Detailed ftn Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Demo: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0 pips + commission

• Pro: Tight spreads

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: Variable, depending on volume

• Pro: Lower than ECN

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: N/A

• Demo Account Features:

• Virtual balance amount: $10,000

• Duration: 30 days

• Expiry: After 30 days of inactivity

Advantages of Each Account Type

• Standard Account:

• User-friendly interface

• Low minimum deposit

• Suitable for beginners

• Access to educational resources

• ECN Account:

• Direct market access

• Lower spreads

• Ideal for high-frequency trading

• Advanced trading tools

• Pro Account:

• Enhanced customer support

• Lower commission fees

• Access to premium features

• Suitable for professional trading

• Islamic Account:

• Compliance with Islamic finance principles

• Swap-free trading

• Accessible to all trading instruments

• Demo Account:

• Risk-free trading environment

• Practice strategies without financial risk

• Access to all trading features

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees can add up

• Pro Account:

• Higher minimum deposit

• Not suitable for casual traders

• Islamic Account:

• Limited to swap-free options

• May have restrictions on certain trading strategies

• Demo Account:

• Limited duration

• No real financial gains

Part 3: ftn Account Opening Requirements

ftn Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Minimum age of 18 years

• Geographic Restrictions: Available to most countries, specific restrictions may apply

• Prohibited Countries: Countries under international sanctions

• Identity Verification Documents Needed:

• Valid passport or national ID

• Proof of residence (utility bill or bank statement)

• Additional Documentation for Professional Accounts:

• Business registration documents (for corporate accounts)

• Additional financial documents may be required

• KYC/AML Compliance Procedures:

• Completion of Know Your Customer (KYC) forms

• Verification of identity and source of funds

• Verification Time Frames:

• Account verification typically takes 1-3 business days

Part 4: ftn Account Opening Process

Step-by-Step ftn Account Opening Guide

1. Visit Website and Click Registration: Go to the ftn website and click on the registration button.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the account to be verified by the ftn team.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can start trading.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but mobile registration may have simplified steps.
• Common Registration Issues and Solutions: Issues may include document rejection due to poor quality; ensure all documents are clear and legible.
• Average Account Approval Time: Typically 1-3 business days, depending on the completeness of the submitted documents.
• How to Upgrade/Downgrade Account Types: Contact customer support to request an upgrade or downgrade, providing necessary documentation if required.

Part 5: ftn Demo Account Information

ftn Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments

• Practice trading strategies without financial risk

• Virtual funds to simulate real trading conditions

• How to Open a Demo Account: Register on the ftn website and select the demo account option during the registration process.

• Demo Account Limitations:

• Limited duration of 30 days

• No real financial gains

• Virtual Balance Amount: Typically set at $10,000 for practice.

• Demo vs Live Account Differences: Demo accounts use virtual funds and do not involve real money, while live accounts require actual deposits and trading.

• Duration/Expiry of Demo Accounts: Demo accounts expire after 30 days of inactivity.

Part 6: ftn Islamic Account Details

ftn Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, ftn offers Islamic accounts that comply with Islamic finance principles.
• Eligibility Requirements: Must be a Muslim trader seeking swap-free trading options.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees and may have specific trading conditions.
• How to Apply for Islamic Account: Select the Islamic account option during the registration process and provide necessary documentation.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles, including no interest-bearing transactions.

FAQs – ftn Account Types & Opening

1. What account types does ftn offer？

• ftn 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: N/A.

1. How long does ftn account verification take？

• Verification typically takes 1-3 business days.

1. Does ftn offer demo accounts？

• Yes, ftn offers demo accounts for practice trading.

1. Can I have multiple account types with ftn？

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

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

• Yes, ftn provides Islamic accounts that are swap-free.

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

• A valid passport or ID and proof of residence are required.

1. Can I change my account type after registration？

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