FX Empire broker Accounts

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

Part 1: fxempire Account Types Overview

fxempire Account Types Explained

Fxempire offers several account types tailored to different trading needs. Heres a breakdown of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners, access to educational resources.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, suitable for high-frequency traders.
• Target User Profile: Advanced traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission varies.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions, priority support.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Variable spreads; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading with virtual funds, access to all trading instruments.
• Target User Profile: All trader levels for practice.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

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: fxempire Account Features Comparison

Detailed fxempire Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:400

• Islamic: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: Varies

• Islamic: None

• Lot Size:

• Standard: 0.01 (micro)

• ECN: 0.01 (micro)

• Pro: 0.01 (micro)

• Islamic: 0.01 (micro)

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo Account Features:

• Virtual funds for practice, access to all instruments, no time limit specified.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit, user-friendly for beginners, no commission.

• ECN Account:

• Tight spreads, direct market access, suitable for scalping.

• Pro Account:

• Enhanced trading conditions, priority support, suitable for professional traders.

• Islamic Account:

• Compliant with Sharia law, no interest fees.

• Demo Account:

• Risk-free practice, full access to trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• ECN Account:

• Higher minimum deposit, commission costs can add up.

• Pro Account:

• Requires a higher minimum deposit, commission can vary.

• Islamic Account:

• Limited to Muslim traders, similar conditions to Standard.

• Demo Account:

• Virtual funds may not reflect real trading conditions.

Part 3: fxempire Account Opening Requirements

fxempire Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Not available in certain countries (specific countries not listed).
• Prohibited Countries: Specific prohibited countries not detailed.

Identity Verification Documents Needed

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

Additional Documentation for Professional Accounts

• Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• Verification of identity and address through submitted documents.
• Compliance with Anti-Money Laundering regulations.

Verification Time Frames

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

Part 4: fxempire Account Opening Process

Step-by-Step fxempire Account Opening Guide

1. Visit the Website and Click Registration: Go to the fxempire website and select the registration option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify trading preferences and leverage options.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to start trading.
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 fewer options displayed.

Common Registration Issues and Solutions

• Issue: Document upload errors.

• Solution: Ensure documents are clear and meet the required format.

• Issue: Delays in verification.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: fxempire Demo Account Information

fxempire Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice with virtual funds.
• Access to all trading instruments available in live accounts.
• No risk of losing real money.

How to Open a Demo Account

• Select the demo account option during the registration process and follow the prompts.

Demo Account Limitations

• Limited to virtual trading; no real profits can be made.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $100,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts may have a time limit, often expiring after 30 days of inactivity.

Part 6: fxempire Islamic Account (if available)

fxempire Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available and comply with Sharia law.

Eligibility Requirements

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

Differences from Standard Accounts

• No interest on overnight positions; otherwise similar trading conditions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Must adhere to Islamic finance principles; no interest charges apply.

FAQs – fxempire Account Types & Opening

1. What account types does fxempire offer？

• Fxempire 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: $100, Demo: N/A.

1. How long does fxempire account verification take？

• Verification typically takes 1-3 business days.

1. Does fxempire offer demo accounts？

• Yes, fxempire offers demo accounts for practice trading.

1. Can I have multiple account types with fxempire？

• Yes, traders can open multiple account types.

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

• Yes, Islamic accounts are available.

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