Fushi Account Type
Fushi offers various types of accounts tailored to meet different trading needs and preferences. Here are the key account types available:
- Standard Trading Account: This is the most common type, allowing traders to access a wide range of markets and instruments with competitive spreads and high leverage options.
- Demo Account: Ideal for beginners, this account mirrors real trading conditions but uses virtual money, allowing users to practice trading strategies without financial risk.
- Mini Account: This account type requires a lower initial deposit and is suitable for those looking to trade smaller lot sizes, making it less risky for new traders.
- Micro Account: Designed for traders who want to start with a very small capital, this account allows trading in micro lots, minimizing risk while gaining real trading experience.
- Cent Account: This account provides a unique way to trade with reduced risk by allowing users to operate with a smaller deposit, effectively trading in cents instead of full dollars.
- ECN Account: For professional traders, this account offers direct access to the interbank market, ensuring the best execution prices and minimal spreads.
- PAMM Account: This account type allows investors to allocate funds to a trader who manages the investments on their behalf, making it suitable for those who prefer a hands-off approach.
Fushi Broker Account Opening Process
Opening a broker account with Fushi is a straightforward process that typically involves the following steps:
Choose Your Account Type: Decide which type of account suits your trading style and objectives, whether it's a demo, standard, or ECN account.
Visit the Fushi Website: Go to Fushi's official website to begin the registration process.
Fill Out the Application Form: Provide necessary personal information, including:
- Legal name
- Current address
- Email address
- Phone number
- Social Security Number or Tax ID (if applicable)
Verify Your Identity: You may need to upload identification documents, such as a government-issued ID, to comply with regulatory requirements.
Fund Your Account: After your application is approved, you can deposit funds into your account through various methods, such as bank transfer, credit/debit card, or other payment options.
Start Trading: Once your account is funded, you can start trading by accessing Fushi's trading platform and executing your trades.
The entire process can usually be completed within a few minutes, making it easy for both new and experienced traders to get started.
Fushi accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .