FX Arena Account Types

　　FX Arena offers a unique trading experience by allowing traders to participate in various forex tournaments using a single account type. This account provides access to the MetaTrader 5 platform and features such as the ability to choose the number of participants, starting time of contests, and duration ranging from 15 minutes to 1 month. Traders can participate in multiple contests simultaneously, and there are numerous contests available at any given time. The account also supports real-time monitoring of trader rankings, open orders, and allows the use of expert advisors (EAs). However, it is important to note that FX Arena does not offer an Islamic account, which may be a drawback for Muslim traders.

FX Arena Broker Account Opening Process

　　To open an account with FX Arena, traders must follow these steps:

• Visit the FX Arena Website: Navigate to the official FX Arena website.
• Register for an Account: Select the option to register for an account. Traders will need to provide their full name, contact details, and email address.
• Purchase a Tournament Ticket: After registration, traders must buy a ticket for the tournament they wish to enter. The cost of the ticket can vary based on the specific tournament, ranging from free to over $1,000.
• Access the Trading Platform: Once the ticket is purchased, traders can access the MetaTrader 5 platform to start participating in the contests.

　　Traders can fund their accounts using various methods, including bank transfer, Neteller, and Skrill. Withdrawals of winnings can be made immediately after contests conclude, with options for withdrawal including bank transfer and e-wallets.