FVL broker Accounts

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

Part 1: fvl Account Types Overview

fvl Account Types Explained

fvl offers several account types tailored to different trading needs and preferences. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $1
• Spread/Commission Structure: Fixed spread from 2 pips
• Leverage Options: Up to 1:3000
• Key Features: Universality, fixed spread, suitable for beginners.
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spread starting from 0.1 pips, commission applies
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for advanced traders.
• Target User Profile: Experienced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Variable spread from 0.7 pips, lower commission
• Leverage Options: Up to 1:400
• Key Features: Enhanced trading conditions, priority execution.
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $1
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:3000
• Key Features: Swap-free trading, compliant with Sharia law.
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:3000
• Key Features: Risk-free trading environment, practice trading strategies.
• Target User Profile: All levels, especially beginners
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: fvl Account Features Comparison

Detailed fvl Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $1

• ECN: $1,000

• Pro: $5,000

• Islamic: $1

• Demo: Virtual balance

• Maximum Leverage:

• Standard: Up to 1:3000

• ECN: Up to 1:200

• Pro: Up to 1:400

• Islamic: Up to 1:3000

• Demo: Up to 1:3000

• Spreads (Typical/Minimum):

• Standard: From 2 pips

• ECN: From 0.1 pips

• Pro: From 0.7 pips

• Islamic: Same as Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: Yes, varies

• Pro: Lower commission

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro (0.01)

• ECN: Mini (0.1)

• Pro: Standard (1.0)

• Islamic: Micro (0.01)

• Demo: Micro (0.01)

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: Market

• 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, risk-free trading environment, full access to trading instruments.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Fixed spreads

• User-friendly for beginners

• ECN Account:

• Lower spreads

• Direct market access

• Suitable for high-frequency trading

• Pro Account:

• Enhanced trading conditions

• Priority execution

• Lower commission fees

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment

• Practice trading strategies

• No financial commitment

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:

• High minimum deposit

• May not be suitable for beginners

• Islamic Account:

• Limited availability of advanced features

• May not suit all trading strategies

• Demo Account:

• Virtual funds only

• Limited trading experience compared to live accounts

Part 3: fvl Account Opening Requirements

fvl Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available globally, but specific countries may be restricted.
• Prohibited Countries: Not specified in the sources.

Identity Verification Documents Needed

• Government-issued ID (passport or national ID)
• Proof of residence (utility bill or bank statement)

Additional Documentation for Professional Accounts

• Financial statements
• Proof of trading experience

KYC/AML Compliance Procedures

• Completion of Know Your Customer (KYC) forms
• Anti-Money Laundering (AML) checks

Verification Time Frames

• Typically, account verification can take between 1 to 3 business days.

Part 4: fvl Account Opening Process

Step-by-Step fvl Account Opening Guide

1. Visit Website and Click Registration: Navigate to the fvl official website and find the registration link.
2. Personal Information Entry: Fill out personal details including name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the account to be verified by the fvl team.
7. Fund Your Account: Deposit the required minimum amount to activate your account.
8. Start Trading: Once funded, you can begin trading on your chosen platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but the mobile interface may have fewer options displayed.

Common Registration Issues and Solutions

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

Average Account Approval Time

• The average approval time is between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade, following the necessary procedures.

Part 5: fvl Demo Account Information

fvl Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment
• Access to all trading instruments
• Ability to practice trading strategies without financial risk

How to Open a Demo Account

• Follow the same registration process as a live account but select the demo option.

Demo Account Limitations

• Limited to virtual funds
• Cannot be used for live trading

Virtual Balance Amount

• Typically, demo accounts offer a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period, typically 30 days, but can often be renewed.

Part 6: fvl Islamic Account Details

fvl Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for all account types.

Eligibility Requirements

• Must be a practicing Muslim.

Differences from Standard Accounts

• No swap fees applied.
• Same trading conditions as Standard accounts.

How to Apply for Islamic Account

• Indicate the request for an Islamic account during the registration process.

Restrictions or Special Conditions

• Must comply with Sharia law, ensuring no interest is earned or paid.

FAQs – fvl Account Types & Opening

1. What account types does fvl offer？

• fvl offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $1, ECN: $1,000, Pro: $5,000, Islamic: $1, Demo: Virtual balance.

1. How long does fvl account verification take？

• Verification typically takes 1 to 3 business days.

1. Does fvl offer demo accounts？

• Yes, fvl offers demo accounts for practice trading.

1. Can I have multiple account types with fvl？

• Yes, you can open multiple account types.

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

• Yes, Islamic accounts are available for all account types.

1. What documents do I need to open a fvl 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.