Search

Rating Index

Pros

Low trading fees with competitive rates for makers and takers.
Wide range of trading products, including futures, options, and leveraged tokens.
Strong liquidity and no record of hacks, enhancing security for traders.

Cons

Weak customer service with limited support options and no live chat.
Complex range of trading products that may overwhelm beginners.
Regional restrictions that limit access for traders in certain areas, particularly the USA.

FTX Trade broker Accounts

FTX Trade Account Type

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

  • Professional Account: This account provides access to a wide range of benefits, including enhanced trading platforms. It is ideal for experienced traders looking for advanced features.

  • Overview Account: This account aggregates information from multiple accounts for better trading visibility. It is suitable for traders managing several accounts.

  • Demo Account: Designed for novice traders, this account allows users to practice trading without real financial risk, helping them to develop their skills before trading with actual funds.

  • Islamic Account: This account complies with ethical guidelines and prohibits certain financial instruments, making it suitable for traders who adhere to Islamic finance principles.

  • FTX Trade Broker Account Opening Process

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

    • Visit the FTX Trade Website: Go to ftxtrade.com.

    • Create an Account:

      • Click on the "Log in / Sign up" link at the top right corner.
      • Choose "Create Account" and enter your email address and a strong password.
      • Complete the captcha to verify you are not a robot.
      • Email Verification: Check your email for a verification link from FTX Trade 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: This can take a few minutes to up to 24 hours for review.

        • 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.

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