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Rating Index

Pros

Good execution speeds and trading technology through the integration with Dukascopy.
Flat fee structure of $1 per lot traded can be advantageous for high-volume traders.
Multi-platform support allows traders to switch between different trading platforms seamlessly.

Cons

Lack of regulation raises concerns about the safety of funds and overall trustworthiness.
Frequent issues with customer service and withdrawal processes lead to dissatisfaction among users.
Platform stability issues during high volatility periods can hinder trading performance.

FTT broker Accounts

FTX Account Type

FTX offers various account types tailored to different trading needs. The primary account types include:

  • Standard Account:
    • Minimum Deposit: Varies based on trading volume.
    • Trading Fees: Starting from 0.020% for maker orders and 0.070% for taker orders.
    • Access to over 70 trading pairs, including cryptocurrencies and fiat options.
    • FTT Holder Account:
      • Benefits: Users holding FTX's native token (FTT) can receive up to a 60% discount on trading fees.
      • Additional Features: Enhanced functionalities for order types and access to staking services.
      • Professional Account:
        • Designed for experienced traders with higher trading volumes.
        • Lower fees and higher withdrawal limits compared to standard accounts.

        FTX Broker Account Opening Process

        Opening a broker account with FTX involves a straightforward process:

        • Select Account Type:
          • Choose between a Standard, FTT Holder, or Professional account based on your trading needs and experience.
          • Complete Registration:
            • Visit the FTX website and fill out the registration form with personal information, including your name, email address, and phone number.
            • Verify your identity by submitting necessary documents for KYC (Know Your Customer) compliance.
            • Deposit Funds:
              • Fund your account with a minimum deposit as per your chosen account type.
              • Various deposit methods are available, including bank transfers and credit/debit cards.
              • Start Trading:
                • Once your account is funded and verified, you can begin trading on the platform using the proprietary trading terminal.

                For further details, please refer to the official FTX website: FTX Fees and Minimum Deposit.

FTT accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FTT Account