Rating Index
Pros
Regulated by the Australian Securities and Investments Commission (ASIC), providing a level of trust and compliance.
Offers competitive exchange rates and low transaction fees for international money transfers.
Physical presence in Sydney, allowing for face-to-face customer support.
Cons
Risk alert associated with the broker, indicating potential issues and negative reviews.
Lack of functional trading software and limited information about account types.
No clear minimum deposit or leverage information provided, which may deter potential clients.
FX Corp broker Accounts
FX Corp Account Type
FX Corp offers two distinct account types tailored to meet the diverse needs of traders: Prime Account and ECN Account.
- Prime Account:
- Minimum Deposit: $2,000
- Leverage: Ranges from 1:100 to 1:400
- Spread: 0 floating point difference
- Order Execution: Market transactions
- Features: Designed for traders seeking premium services with a strong flat ratio of 100%.
- ECN Account:
- Minimum Deposit: $2,000
- Leverage: Ranges from 1:100 to 1:400
- Spread: 0 floating point difference
- Order Execution: Market transactions
- Features: Geared towards seasoned traders looking for direct access to the interbank market, with a strong flat ratio of 100%.
- Visit the Official Website: Navigate to the official FX Corp website.
- Fill Out the Registration Form: Click on the “Open Account” or “Register” button. Provide required details such as full name, email address, and phone number.
- Submit Verification Documents: Upload identification documents, including a passport or national ID for identity verification and a utility bill or bank statement as proof of address.
- Await Account Approval: The application will be reviewed, which can take from a few hours to several days. You will receive a confirmation email with your account details upon approval.
- Make Your First Deposit: Log into your new FX Corp account and navigate to the “Deposit” section. Choose your preferred deposit method (e.g., bank transfer, credit/debit card) and follow the instructions to fund your account.
FX Corp Broker Account Opening Process
To open an account with FX Corp, follow these steps:
This streamlined process ensures that traders can quickly start their trading journey with FX Corp.
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