FuHeng broker Accounts

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

fuheng Account Types Explained

Fuheng offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners; access to all trading instruments.
• Target User Profile: Beginner 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 $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; lower spreads; suitable for scalping.
• Target User Profile: Experienced traders.
• Trading Instruments Available: Forex, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; commission of $2 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions; suitable for professional traders.
• Target User Profile: Advanced and institutional traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law; no interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000).
• Spread/Commission Structure: Similar to the Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment; practice trading strategies.
• Target User Profile: All trader levels.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed fuheng Account Features

Account Features Comparison

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit.
• No commission fees.
• Suitable for beginners.
• Disadvantages:
• Higher spreads compared to ECN accounts.

ECN Account

• Advantages:
• Lower spreads.
• Direct market access.
• Suitable for scalping.
• Disadvantages:
• Higher minimum deposit.
• Commission fees apply.

Pro Account

• Advantages:
• Enhanced trading conditions.
• Lower commission fees.
• Disadvantages:
• Higher minimum deposit required.

Islamic Account

• Advantages:
• Complies with Sharia law.
• No swap fees.
• Disadvantages:
• Limited availability of certain features.

Demo Account

• Advantages:
• Risk-free trading environment.
• Ideal for practice.
• Disadvantages:
• Limited to virtual funds.

fuheng Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of residence (utility bill or bank statement).
• Proof of Residence Requirements: Recent documents showing name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

Fuheng adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. This includes verifying the identity of all clients and ensuring that funds are sourced legitimately.

Verification Time Frames

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

Step-by-Step fuheng Account Opening Guide

Registration Process

1. Visit Website: Go to the official fuheng website.
2. Click Registration: Find and click on the ‘Register’ button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify trading preferences and leverage options.
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for verification, which typically takes 1-3 business days.
8. Fund Your Account: Deposit funds to start trading.
9. 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, although the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and within size limits.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

To change account types, contact customer support to request the desired change and provide any necessary documentation.

fuheng Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments with a virtual balance.
• Benefits: Allows traders to practice without financial risk.

How to Open a Demo Account

• Visit the fuheng website and select the demo account option.
• Fill in the required information and submit.

Demo Account Limitations

• Limited to virtual funds; cannot be used for real trading.

Virtual Balance Amount

Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo Account: Virtual funds, no financial risk.
• Live Account: Real funds, actual trading conditions.

Duration/Expiry of Demo Accounts

Demo accounts typically remain active for 30 days, but this may vary based on the broker's policy.

fuheng Islamic Account Details

Swap-Free/Islamic Account Availability

Fuheng offers Islamic accounts that comply with Sharia law, allowing traders to avoid interest on overnight positions.

Eligibility Requirements

To qualify for an Islamic account, traders must declare their adherence to Islamic finance principles.

Differences from Standard Accounts

Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

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 may have specific trading conditions that differ from standard accounts, such as limitations on certain trading strategies.

FAQs – fuheng Account Types & Opening

1. What account types does fuheng offer？

• Fuheng 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 balance.

1. How long does fuheng account verification take？

• Verification typically takes 1-3 business days.

1. Does fuheng offer demo accounts？

• Yes, fuheng provides demo accounts for practice trading.

1. Can I have multiple account types with fuheng？

• Yes, traders can open multiple account types.

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

• Yes, fuheng offers Islamic accounts that comply with Sharia law.

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

• A government-issued ID and proof of residence 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.