FUZI broker Accounts

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

Part 1: fuzi Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.1 pips + $5 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, ideal for scalpers
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.0 pip
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, stocks, ETFs

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as Standard account
• Leverage Options: Same as Standard account
• Key Features: Risk-free environment to practice trading
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Same as Standard account

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
• Practicing Traders: Demo Account

Part 2: Detailed fuzi Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:
• User-friendly interface
• Low minimum deposit
• Access to a wide range of instruments
• ECN Account:
• Lower spreads for high-frequency trading
• Direct market access
• Ideal for scalping strategies
• Pro Account:
• Fixed spreads for easier budgeting
• Advanced trading tools
• Priority customer support
• Islamic Account:
• Complies with Sharia law
• No swap fees
• Suitable for Muslim traders
• Demo Account:
• Risk-free trading environment
• Practice with virtual funds
• Test strategies before live trading

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited advanced features
• ECN Account:
• Higher minimum deposit
• Commission fees can add up
• Pro Account:
• Higher minimum deposit
• Not suitable for beginners
• Islamic Account:
• Limited availability for some instruments
• May have restrictions on certain trading strategies
• Demo Account:
• Virtual funds may not reflect real trading conditions
• Limited duration for practice

Part 3: fuzi Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries, but specific restrictions may apply based on local regulations
• Prohibited Countries: Countries under international sanctions or restrictions
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide a document showing current residential address
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

• All applicants must undergo a Know Your Customer (KYC) process to verify identity and prevent fraud.
• Anti-Money Laundering (AML) checks are also conducted to ensure compliance with financial regulations.

Verification Time Frames

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

Part 4: Step-by-Step fuzi Account Opening Guide

Registration Process

1. Visit Website and Click Registration: Navigate to the fuzi website and click on the "Sign Up" 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 based on trading needs.
4. Set Trading Preferences: Indicate trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into the account using preferred payment methods.
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, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format (JPEG, PNG, PDF).
• Issue: Account verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1 to 3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

• Users can request to change account types through the account management section on the website or by contacting customer support.

Part 5: fuzi Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to the same trading platform and instruments as live accounts.
• Allows traders to familiarize themselves with market conditions without financial risk.

How to Open a Demo Account

• Visit the fuzi website and select the option for a demo account.
• Fill in the required information and create an account.
• Access the demo account with virtual funds.

Demo Account Limitations

• Virtual funds are typically limited to $10,000.
• The demo account may have a time limit, usually expiring after 30 days.

Virtual Balance Amount

• Standard virtual balance is $10,000, which can be used for practice trading.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Market conditions may differ, as demo accounts do not account for slippage or trading psychology.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but users may be able to request an extension.

Part 6: fuzi Islamic Account Details

Swap-Free/Islamic Account Availability

• fuzi offers Islamic accounts that comply with Sharia law, allowing for trading without swap fees.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and have similar trading conditions to standard accounts.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or request it through customer support.

Restrictions or Special Conditions

• Islamic accounts may have specific trading restrictions, such as limitations on certain instruments or trading strategies.

FAQs – fuzi Account Types & Opening

1. What account types does fuzi offer？

• fuzi 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: $500, Demo: Virtual funds.

1. How long does fuzi account verification take？

• Account verification typically takes 1-3 business days.

1. Does fuzi offer demo accounts？

• Yes, fuzi offers demo accounts with virtual funds for practice.

1. Can I have multiple account types with fuzi？

• Yes, users can have multiple account types.

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

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

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

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, users can request to change account types through account management or customer support.