FUTURE MARKET Forex Broker keeps up-to-date with the latest trading account information, including STANDARD, VIP maximum leverage of 1:200, trading varieties, and more
| Account Type | Minimum Deposit | Spread Type | Leverage | Key Features | Target User Profile |
|---|---|---|---|---|---|
| Standard | $1,000 | Variable | Up to 1:100 | Basic trading tools | Beginners |
| Elite Trader | $10,000 | Reduced + rebates | Up to 1:200 | Dedicated support, advanced tools | Experienced traders |
| Demo | Virtual balance | Same as live | Same as live | Risk-free trading | Beginners, strategy testers |
| Islamic | $1,000 | Similar to Standard | Up to 1:100 | No swap fees | Muslim traders |
Minimum Deposit:
Standard: $1,000
Elite: $10,000
Demo: Virtual balance
Islamic: $1,000
Maximum Leverage:
Standard: Up to 1:100
Elite: Up to 1:200
Demo: Same as live accounts
Islamic: Up to 1:100
Spreads (Typical/Minimum):
Standard: Variable spreads
Elite: Reduced spreads
Demo: Same as live accounts
Islamic: Similar to Standard
Commission Fees:
Standard: Commission fees apply
Elite: Commission rebates available
Demo: Same as live accounts
Islamic: No swap fees
Lot Size:
Standard: Micro, Mini, Standard
Elite: Micro, Mini, Standard
Demo: Micro, Mini, Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5, proprietary platforms
Elite: MT4, MT5, proprietary platforms
Demo: MT4, MT5
Islamic: MT4, MT5
Execution Type:
Standard: Market execution
Elite: ECN execution
Demo: Market execution
Islamic: Market execution
Islamic Account Availability:
Yes for Islamic Account
Swap-Free Options:
Available for Islamic Account
Demo Account Features:
Access to all trading instruments, same conditions as live accounts
Standard Account:
Low minimum deposit
Suitable for beginners
Access to a variety of instruments
Elite Trader Account:
Lower trading costs for high-volume traders
Dedicated support
Advanced trading tools
Demo Account:
No financial risk
Ideal for practice
Same trading conditions as live accounts
Islamic Account:
Compliance with Sharia law
No swap fees
Suitable for Muslim traders
Standard Account:
Higher spreads compared to elite accounts
Limited advanced features
Elite Trader Account:
High minimum deposit requirement
May not be suitable for casual traders
Demo Account:
No real financial gain
Limited to virtual trading
Islamic Account:
Limited availability
May have fewer features compared to standard accounts
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Available to residents of most countries, some restrictions may apply
Prohibited Countries: Specific countries may be restricted based on regulatory compliance
Identity Verification Documents Needed:
Government-issued ID (passport, drivers license)
Social Security Number (for US residents)
Proof of Residence Requirements:
Utility bill, bank statement, or government document showing your name and address
Additional Documentation for Professional Accounts:
Financial statements or proof of trading experience may be required
KYC/AML Compliance Procedures:
Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is mandatory
Verification Time Frames:
Typically takes 1-3 business days, depending on the completeness of documentation submitted
Desktop vs Mobile Registration Differences:
Registration processes are generally similar, though mobile apps may have simplified steps.
Common Registration Issues and Solutions:
Issue: Document rejection due to poor quality.
Solution: Ensure documents are clear and legible.
Issue: Delays in verification.
Solution: Contact customer support for status updates.
Average Account Approval Time:
1-3 business days, depending on the broker and completeness of documents.
How to Upgrade/Downgrade Account Types:
Contact customer support to request an upgrade or downgrade, providing necessary documentation if required.
Demo Account Features and Benefits:
Access to all trading instruments
Risk-free environment to practice trading strategies
Same trading conditions as live accounts
How to Open a Demo Account:
Visit the brokers website and select the demo account option, fill in the required information, and start trading.
Demo Account Limitations:
Limited to virtual trading; no real financial gains
May have a time limit on usage
Virtual Balance Amount:
Typically set at $100,000 for practice purposes
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money and risks.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a set period (e.g., 30 days) or remain active as long as the user logs in regularly.
Swap-Free/Islamic Account Availability:
Yes, Islamic accounts are available for traders seeking compliance with Sharia law.
Eligibility Requirements:
Must be a practicing Muslim and provide necessary documentation to verify eligibility.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees, which are typically charged for overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during registration and provide any required documentation.
Restrictions or Special Conditions:
May have limited features compared to standard accounts, depending on the broker.
Explore broker markets account types: forex/trading accounts with demo access.