FX CALL broker Accounts

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

fx call Account Types Explained

The forex market offers various account types tailored to different trading styles and needs. Below is a comprehensive overview of the available fx call account types, including their features, minimum deposit requirements, and target user profiles.

1. Standard Trading Account

• Minimum Deposit Requirement: $100 - $500
• Spread/Commission Structure: Fixed or variable spreads
• Leverage Options: Up to 1:500
• Key Features: Access to a wide range of currency pairs, user-friendly interface, and educational resources.
• Target User Profile: Beginners to intermediate traders.
• Trading Instruments Available: Major, minor, and exotic currency pairs.

2. ECN Account

• Minimum Deposit Requirement: $500 - $1,000
• Spread/Commission Structure: Low spreads with a commission per trade.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds, and lower latency.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Major and minor currency pairs, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Very low spreads with a commission.
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority customer support, and advanced trading tools.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: All currency pairs, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to standard accounts but without swap fees.
• Leverage Options: Up to 1:500
• Key Features: Compliance with Sharia law, no interest charges.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Major, minor, and exotic currency pairs.

5. Demo Account

• Minimum Deposit Requirement: None (virtual funds)
• Spread/Commission Structure: Similar to live accounts.
• Leverage Options: Up to 1:500
• Key Features: Practice trading strategies without financial risk, access to real market conditions.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: All available instruments in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Standard Account, Islamic Account
• Advanced: ECN Account, Pro Account
• Professional: Pro Account

Detailed fx call Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• User-friendly for beginners.

• Access to educational resources.

• Flexible deposit options.

• ECN Account:

• Direct market access for better pricing.

• Lower spreads.

• Suitable for high-frequency trading.

• Pro Account:

• Best conditions for professional trading.

• Priority support.

• Access to advanced trading tools.

• Islamic Account:

• Compliant with Sharia law.

• No interest charges.

• Flexible trading options.

• Demo Account:

• Risk-free environment for practice.

• Access to real market conditions.

• Ideal for testing strategies.

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:

• High minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited availability of advanced features.

• May have higher spreads.

• Demo Account:

• No real financial gain.

• Limited duration for practice.

fx call Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check with the broker.
• Prohibited Countries: Certain jurisdictions may be restricted due to regulatory compliance.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, driver's license).
• Proof of Residence: Utility bill, bank statement, or lease agreement.
• Additional Documentation for Professional Accounts: Business registration documents, financial statements.

KYC/AML Compliance Procedures

• All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to ensure compliance with regulatory standards.

Verification Time Frames

• Account verification typically takes 24-48 hours, but may vary based on the broker and the completeness of submitted documents.

Step-by-Step fx call Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Navigate to the broker's official website and find the account registration section.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading platform.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the broker to verify your documents and account information.
7. Fund Your Account: Once approved, deposit funds into your account to start trading.
8. Start Trading: Access the trading platform and begin executing trades.

Desktop vs Mobile Registration Differences

• Desktop: Typically offers a more comprehensive interface for entering information and uploading documents.
• Mobile: May have a simplified process, but can vary by broker's mobile application capabilities.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure all documents are clear and legible before uploading.
• Issue: Delays in verification.
• Solution: Contact customer support for updates on the verification status.

Average Account Approval Time

• Generally, account approval takes between 24 to 48 hours, depending on the broker's processing times.

How to Upgrade/Downgrade Account Types

• Most brokers allow you to upgrade or downgrade your account type through the account settings on their platform. Contact customer support for assistance if needed.

fx call Demo Account Guide

Demo Account Features and Benefits

• Risk-Free Trading: Practice trading strategies without financial risk.
• Access to Real Market Conditions: Experience trading in a live market environment with virtual funds.
• Educational Resource: Ideal for beginners to learn trading basics.

How to Open a Demo Account

• Visit the broker's website, navigate to the demo account section, and follow the registration steps similar to opening a live account.

Demo Account Limitations

• Virtual Balance Amount: Typically, demo accounts come with a set virtual balance (e.g., $10,000).
• Duration/Expiry of Demo Accounts: Some demo accounts may expire after a certain period (e.g., 30 days).

Demo vs Live Account Differences

• Financial Gain: Demo accounts do not yield real profits.
• Market Conditions: Live accounts involve real money and market risks.

fx call Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who wish to comply with Sharia law, ensuring no interest is charged on overnight positions.

Eligibility Requirements

• Traders must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, but may have slightly higher spreads.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

• Some brokers may impose specific conditions on Islamic accounts, such as limits on certain trading strategies.

FAQs – fx call Account Types & Opening

1. What account types does fx call offer？

• fx call offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100 - $500, ECN: $500 - $1,000, Pro: $5,000, Islamic: $100, Demo: None.

1. How long does fx call account verification take？

• Verification typically takes 24-48 hours.

1. Does fx call offer demo accounts？

• Yes, fx call provides demo accounts for practice trading.

1. Can I have multiple account types with fx call？

• Yes, traders can open multiple account types as per their trading needs.

1. Does fx call offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for traders who require them.

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

• Proof of identity and proof of residence are required.

1. Can I change my account type after registration？

• Yes, most brokers allow for account type changes through their platform or customer support.