fu ji offers several account types tailored to meet the varying needs of traders. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spread from 1.0 pips | Up to 1:500 | Basic trading features, suitable for beginners | Beginners | Forex, commodities, indices |
| ECN | $500 | Low spreads from 0.0 pips + commission | Up to 1:200 | Direct market access, faster execution | Advanced traders | Forex, commodities, cryptocurrencies |
| Pro | $1,000 | Fixed spreads from 1.5 pips | Up to 1:100 | Enhanced features, priority support | Professional traders | Forex, commodities, indices, stocks |
| Islamic | $500 | Variable spread from 1.0 pips | Up to 1:500 | Swap-free trading, compliant with Sharia law | Muslim traders | Forex, commodities |
| Demo | Free | N/A | N/A | Practice trading with virtual funds | All levels | Forex, commodities, indices |
The following table compares the features across different fu ji account types:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $500 | Free |
| Maximum Leverage | 1:500 | 1:200 | 1:100 | 1:500 | N/A |
| Spreads (Typical/Minimum) | 1.0 pips | 0.0 pips + commission | 1.5 pips | 1.0 pips | N/A |
| Commission Fees | None | Yes | None | None | N/A |
| Lot Size | Micro | Mini/Standard | Standard | Micro | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | Proprietary | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Instant | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | N/A | N/A | N/A | N/A | Virtual funds, practice trading |
Standard Account:
ECN Account:
Pro Account:
Islamic Account:
Demo Account:
To open a fu ji account, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Minimum age of 18 years
Must be a resident of an eligible country (specific geographic restrictions may apply)
Prohibited countries include those under international sanctions
Identity Verification Documents Needed:
Valid government-issued ID (passport or national ID)
Proof of residence (utility bill, bank statement, etc.)
Additional documentation for professional accounts may include business registration documents
KYC/AML Compliance Procedures:
Completion of Know Your Customer (KYC) forms
Anti-Money Laundering (AML) checks as per regulatory requirements
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Issue: Document upload fails.
Solution: Ensure documents are in the correct format and size.
Issue: Verification delays.
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Provides a risk-free environment to practice trading.
Access to real-time market data and trading conditions.
How to Open a Demo Account:
Follow the same registration process as for a live account, selecting "Demo Account" as the account type.
Demo Account Limitations:
Limited to virtual funds, no real profits can be made.
Virtual Balance Amount:
Typically, demo accounts come with a virtual balance of $10,000 or more.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money and trading risks.
Duration/Expiry of Demo Accounts:
Demo accounts may remain active for a limited time, usually 30 days, but can often be extended upon request.
Swap-Free/Islamic Account Availability:
fu ji offers an Islamic account option that is compliant with Sharia law.
Eligibility Requirements:
Must be a Muslim trader seeking a swap-free trading environment.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees, making them suitable for long-term positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process and provide any necessary documentation.
Restrictions or Special Conditions:
Islamic accounts may have specific trading conditions that differ from standard accounts, such as limited leverage.
Explore broker markets account types: forex/trading accounts with demo access.