FX INVEST broker Accounts

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

fx invest Account Types Explained

When considering trading in the forex market, selecting the right account type is crucial. The fx invest account types cater to various trading styles and preferences. Below are the primary account types available:

1. Standard Account

• Minimum Deposit Requirement: Typically $2,000 - $5,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission
• Leverage Options: Up to 100:1
• Key Features: Access to a wide range of currency pairs, advanced trading tools, and educational resources.
• Target User Profile: Suitable for beginner to intermediate traders.
• Trading Instruments Available: Major and minor forex pairs.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.0 pips, commission may apply
• Leverage Options: Up to 200:1
• Key Features: Direct market access, faster execution speeds, and lower spreads.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex pairs, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: $10,000
• Spread/Commission Structure: Competitive spreads, commission-based pricing
• Leverage Options: Up to 500:1
• Key Features: Tailored for high-volume traders, additional trading tools, and dedicated account manager.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Comprehensive range including forex, commodities, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Similar to standard accounts, but swap-free
• Leverage Options: Up to 100:1
• Key Features: Complies with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Major forex pairs and commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Similar to live accounts
• Leverage Options: Same as live accounts
• Key Features: Risk-free environment for practice, access to all trading tools.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed fx invest Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $2,000 - $5,000

• ECN: $500

• Pro: $10,000

• Islamic: $1,000

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 100:1

• ECN: Up to 200:1

• Pro: Up to 500:1

• Islamic: Up to 100:1

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: Competitive spreads

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: Yes

• Pro: Yes

• Islamic: None

• Lot Size:

• Standard: Standard lots

• ECN: Micro and standard lots

• Pro: Standard lots

• Islamic: Standard lots

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: Proprietary platform, MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Market execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability: Yes for Islamic Account

• Swap-Free Options: Available for Islamic Account

• Demo Account Features: Full access to trading tools, risk-free environment

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• User-friendly for beginners
• Access to educational resources
• No commission fees
• Disadvantages:
• Higher minimum deposit
• Limited leverage compared to Pro accounts

ECN Account

• Advantages:
• Low spreads
• Fast execution speeds
• Suitable for scalpers
• Disadvantages:
• Commission fees apply
• Requires more trading knowledge

Pro Account

• Advantages:
• High leverage options
• Tailored services for professional traders
• Access to advanced trading tools
• Disadvantages:
• High minimum deposit
• Commission fees can add up

Islamic Account

• Advantages:
• Complies with Islamic finance principles
• No interest fees
• Disadvantages:
• Limited to specific trading instruments
• May have higher spreads

Demo Account

• Advantages:
• Risk-free trading environment
• Ideal for practice and strategy testing
• Disadvantages:
• Virtual funds may not reflect real trading psychology
• Limited duration for practice

fx invest Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or where forex trading is illegal.

Identity Verification Documents Needed

• Government-issued photo ID (passport, driver's license)
• Proof of residence (utility bill, bank statement)

Additional Documentation for Professional Accounts

• Financial statements
• Proof of trading experience

KYC/AML Compliance Procedures

• Complete identity verification to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

Verification Time Frames

• Typically, account verification takes 1-3 business days, depending on the completeness of submitted documents.

Step-by-Step fx invest Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Navigate to the fx invest 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 based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required documents for identity verification.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your trading account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but the mobile version may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload failure.

  Solution: Ensure documents are clear and in acceptable formats (PDF, JPG).

• Issue: Verification delays.

  Solution: Contact customer support for assistance.

Average Account Approval Time

• Generally, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to account settings to request an upgrade or downgrade.

fx invest Demo Account Guide

Demo Account Features and Benefits

• Access to all trading tools and features available in live accounts.
• Ideal for practicing trading strategies without financial risk.

How to Open a Demo Account

• Select the demo account option on the fx invest website and follow the registration steps.

Demo Account Limitations

• Limited duration (usually 30-90 days) before expiration.

Virtual Balance Amount

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

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30-90 days of inactivity.

fx invest Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

• Must provide documentation confirming adherence to Islamic finance principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• May have specific trading conditions and limited instruments compared to standard accounts.

FAQs – fx invest Account Types & Opening

1. What account types does fx invest offer？

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

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

• Standard: $2,000 - $5,000; ECN: $500; Pro: $10,000; Islamic: $1,000; Demo: Virtual funds.

1. How long does fx invest account verification take？

• Typically 1-3 business days.

1. Does fx invest offer demo accounts？

• Yes, fx invest offers demo accounts for practice.

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

• Yes, you can open multiple account types.

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

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through account settings.