fx returns Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: fx returns Account Types Overview
fx returns Account Types Explained
The fx returns platform offers a variety of account types tailored to different trading needs and preferences. Below is a detailed overview of each account type available:
1. Standard Trading 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 a wide range of trading instruments.
- Target User Profile: Beginners and intermediate traders.
- Trading Instruments Available: Major and minor currency pairs, commodities, indices.
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $7 per round turn.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access; suitable for high-frequency trading.
- Target User Profile: Advanced traders and scalpers.
- Trading Instruments Available: Major currency pairs, commodities, cryptocurrencies.
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Variable spreads starting from 0.5 pips; lower commissions than standard accounts.
- Leverage Options: Up to 1:300.
- Key Features: Enhanced trading conditions; suitable for professional traders.
- Target User Profile: Professional and institutional traders.
- Trading Instruments Available: All available instruments including forex, commodities, and indices.
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to standard accounts; no swap fees.
- Leverage Options: Up to 1:500.
- Key Features: Compliant with Sharia law; no overnight fees.
- Target User Profile: Muslim traders.
- Trading Instruments Available: All instruments available in standard accounts.
5. Demo Account
- Minimum Deposit Requirement: Virtual funds (typically $10,000).
- Spread/Commission Structure: Same as live accounts.
- Leverage Options: Same as live accounts.
- Key Features: Risk-free environment to practice trading strategies.
- Target User Profile: Beginners and traders testing new strategies.
- Trading Instruments Available: All instruments available in live accounts.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: Pro Account
- Advanced Traders: ECN Account
- Muslim Traders: Islamic Account
- Practice Traders: Demo Account
Part 2: fx returns Account Features Comparison
Detailed fx returns Account Features
When comparing the features of different fx returns account types, the following aspects are crucial:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:300
Islamic: Up to 1:500
Demo: Same as live accounts
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Same as live accounts
Commission Fees:
Standard: None
ECN: $7 per round turn
Pro: Lower than Standard
Islamic: None
Demo: None
Lot Size:
Standard: Standard lots
ECN: Micro, Mini, Standard
Pro: Standard lots
Islamic: Standard lots
Demo: Standard lots
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
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: N/A
Demo Account Features:
Virtual balance for practice, access to all trading instruments, and similar trading conditions to live accounts.
Advantages and Disadvantages of Each Account Type
Advantages
-
Standard Account:
Low minimum deposit
No commission fees
User-friendly for beginners
ECN Account:
Tight spreads
Direct market access
Suitable for high-frequency trading
Pro Account:
Enhanced trading conditions
Lower commissions
Access to advanced trading tools
Islamic Account:
Compliant with Sharia law
No swap fees
Same benefits as Standard accounts
Demo Account:
Risk-free trading
Practice strategies without financial risk
Familiarize with the trading platform
Disadvantages
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Higher minimum deposit
May not be suitable for beginners
Islamic Account:
Limited to Muslim traders
Similar conditions to Standard accounts
Demo Account:
No real money involved
Limited emotional engagement in trading
Part 3: fx returns Account Opening Requirements
fx returns Account Registration Requirements
To open an account with fx returns, the following eligibility criteria must be met:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Availability may vary by country; check with the broker for specific restrictions.
- Prohibited Countries: Certain countries may be restricted due to regulatory reasons; consult the broker for a list.
- Identity Verification Documents Needed:
- Government-issued photo ID (passport, drivers license).
- Proof of address (utility bill, bank statement).
- Proof of Residence Requirements: Recent documents showing your name and address.
- Additional Documentation for Professional Accounts: May include financial statements or proof of trading experience.
KYC/AML Compliance Procedures
- All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and prevent fraud.
Verification Time Frames
- Account verification typically takes 24-48 hours, although some accounts may be approved instantly depending on the broker's policies.
Part 4: fx returns Account Opening Process
Step-by-Step fx returns Account Opening Guide
- Visit Website and Click Registration: Navigate to the fx returns website and find the registration link.
- Personal Information Entry: Fill in your personal details including name, email, and phone number.
- Choose Account Type: Select the type of account you wish to open (Standard, ECN, etc.).
- Set Trading Preferences: Indicate your trading preferences such as leverage and trading instruments.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the broker to verify your documents.
- Fund Your Account: Once approved, deposit funds into your account to start trading.
- Start Trading: Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is generally similar on both desktop and mobile platforms, though the mobile interface may have a more simplified layout.
Common Registration Issues and Solutions
- Issue: Document rejection.
- Solution: Ensure documents are clear, recent, and meet the broker's requirements.
- Issue: Delays in verification.
- Solution: Contact customer support for updates.
Average Account Approval Time
- Most accounts are approved within 24-48 hours, but this can vary based on the completeness of the submitted documents.
How to Upgrade/Downgrade Account Types
- Contact customer support to request an upgrade or downgrade; additional documentation may be required.
fx returns Demo Account Guide
Demo Account Features and Benefits
- Provides a risk-free environment to practice trading strategies.
- Access to all trading instruments available in live accounts.
- Allows traders to familiarize themselves with the trading platform.
How to Open a Demo Account
- Visit the fx returns website and select the demo account option.
- Fill in the required information and create your demo account.
Demo Account Limitations
- Virtual funds are provided, which do not reflect real market conditions.
- May have a time limit on usage (typically 30 days).
Virtual Balance Amount
- Usually set at $10,000 in virtual funds for practice.
Demo vs Live Account Differences
- Demo accounts use virtual money; live accounts involve real funds and emotional engagement.
Duration/Expiry of Demo Accounts
- Demo accounts may expire after a set period, typically 30 days, but can often be renewed.
Part 6: fx returns Islamic Account (if available)
fx returns Islamic Account Details
Swap-Free/Islamic Account Availability
- Islamic accounts are available for traders who require compliance with Sharia law.
Eligibility Requirements
- Must be a Muslim trader seeking a swap-free trading environment.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, which are typically charged 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
- Must adhere to Islamic trading principles; consult the broker for specific conditions.
FAQs – fx returns Account Types & Opening
- What account types does fx returns offer?
- fx returns offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.
- How long does fx returns account verification take?
- Typically 24-48 hours, but can vary based on document completeness.
- Does fx returns offer demo accounts?
- Yes, fx returns provides demo accounts for practice trading.
- Can I have multiple account types with fx returns?
- Yes, traders can open multiple account types as needed.
- Does fx returns offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available for compliant trading.
- What documents do I need to open a fx returns account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request an upgrade or downgrade through customer support.
FX RETURNS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .