FTX broker Accounts

FTX Account Type

　　FTX offers three distinct account types to cater to various trading needs and experience levels:

　　Standard Account: This is the most basic account type, suitable for newcomers to cryptocurrency trading. It requires a minimum deposit of $500 and provides access to essential features such as spot trading and margin trading with a maximum leverage of 20x. However, it does not include advanced features like lower trading fees.
　　Active Trader Account: Designed for more experienced traders, this account type offers lower trading fees and access to margin trading with leverage up to 50x. Active trader account holders benefit from reduced trading costs, with maker fees set at 0.02% and taker fees at 0.03%. The minimum deposit remains $500.
　　VIP Account: This account is tailored for professional traders who require the highest level of service and features. VIP account holders can trade with up to 100x leverage and enjoy the lowest trading fees, with maker fees at 0.01% and taker fees at 0.02%. Additionally, VIP accounts may provide access to exclusive events and dedicated customer support.

　　Opening an account on FTX is a straightforward process that involves several key steps:

　　Email Verification: Check your email for a verification link from FTX and click on it to verify your account.
　　Start the KYC Process:

Log in to your account and click on the "KYC" tab.
Fill out the required personal information and upload documents, including a government-issued ID, a selfie, and proof of address.
Submit the KYC application for review, which can take a few minutes to up to 24 hours.

Account Activation: Once your KYC registration is approved, you will receive an email containing a link to activate your account. Click the link and log in to your newly activated account.

　　By following these steps, you can successfully open an account on FTX and start trading.