FUDA broker Accounts

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

Part 1: fuda Account Types Overview

fuda Account Types Explained

FUDA offers several account types to cater to different trading needs and preferences. Below is a detailed overview of each account type, including their features, requirements, and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners; offers access to a wide range of trading instruments.
• Target User Profile: Beginners and retail traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips, commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, suitable for scalpers and high-frequency traders.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads starting from 0.5 pips, commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions, priority execution, and dedicated account manager.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard accounts but swap-free.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law, no swap fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of $10,000.
• Spread/Commission Structure: Same as Standard account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: fuda Account Features Comparison

Detailed fuda Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual $10,000

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.0 pips

• ECN: 0.0 pips

• Pro: 0.5 pips

• Islamic: 1.0 pips

• Demo: 1.0 pips

• Commission Fees:

• Standard: None

• ECN: $5/lot

• Pro: $3/lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Mini, Standard

• Pro: Mini, 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: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Virtual balance, access to all trading instruments, same trading conditions as live accounts.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• Wide range of trading instruments

• ECN Account:

• Direct market access

• Lower spreads

• Ideal for high-frequency trading

• Pro Account:

• Enhanced trading conditions

• Dedicated account manager

• Competitive commissions

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Same features as Standard account

• Demo Account:

• Risk-free trading environment

• Practice strategies without financial risk

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Requires a higher initial investment

• Not suitable for beginners

• Islamic Account:

• Limited to Muslim traders

• May have fewer features than Pro accounts

• Demo Account:

• Virtual funds only

• Limited duration for practice

Part 3: fuda Account Opening Requirements

fuda Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or restrictions.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent document showing the applicant's name and address.
• Additional Documentation for Professional Accounts: Business registration documents and tax identification number.

KYC/AML Compliance Procedures

• Completion of Know Your Customer (KYC) verification is mandatory.
• Anti-Money Laundering (AML) checks are conducted during the registration process.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: fuda Account Opening Process

Step-by-Step fuda Account Opening Guide

1. Visit Website and Click Registration: Navigate to the FUDA website and click on the "Register" button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate the account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor interface differences.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and meet the required format.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Generally, account approval takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Account holders can request to upgrade or downgrade their account type through customer support.

Part 5: fuda Demo Account Information

fuda Demo Account Guide

Demo Account Features and Benefits

• Provides a virtual balance for risk-free trading.
• Access to all trading instruments and conditions similar to live accounts.
• Ideal for practicing strategies and familiarizing with the trading platform.

How to Open a Demo Account

• Follow the same registration steps as for live accounts, selecting the Demo option.

Demo Account Limitations

• Limited to virtual funds; cannot be used for real trading.
• May have an expiration date (typically 30-90 days).

Virtual Balance Amount

• Standard virtual balance is $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Demo accounts may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30-90 days of inactivity.

Part 6: fuda Islamic Account (if available)

fuda Islamic Account Details

Swap-Free/Islamic Account Availability

• FUDA offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader.
• Standard account verification requirements apply.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.
• Other features are similar to Standard accounts.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts are subject to the same trading conditions as Standard accounts, with the exception of swap fees.

FAQs – fuda Account Types & Opening

1. What account types does fuda offer？

• FUDA 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: Virtual $10,000.

1. How long does fuda account verification take？

• Verification typically takes 1-3 business days.

1. Does fuda offer demo accounts？

• Yes, FUDA offers demo accounts with a virtual balance.

1. Can I have multiple account types with fuda？

• Yes, traders can open multiple account types.

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

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

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

• A government-issued ID and proof of address 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.