FX Stream broker Accounts

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

fx stream Account Types Explained

When trading with fx stream, understanding the various account types is crucial for tailoring your trading experience to your needs. Below are the available account types along with their key features:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.2 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Suitable for beginners; access to all trading instruments.
• Target User Profile: Ideal for novice traders.
• Trading Instruments Available: Forex pairs, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $7 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; faster execution speeds.
• Target User Profile: Advanced traders seeking lower spreads.
• Trading Instruments Available: Forex pairs, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 1.0 pip; commission of $5 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions; suitable for high-volume traders.
• Target User Profile: Institutional and professional traders.
• Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the standard account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Islamic finance principles; no overnight interest.
• Target User Profile: Traders adhering to Islamic finance rules.
• Trading Instruments Available: Forex pairs, commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of $10,000.
• Spread/Commission Structure: Similar to live accounts.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk; access to all trading instruments.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Forex pairs, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Islamic Traders: Islamic Account
• Strategy Testers: Demo Account

Detailed fx stream Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual balance

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:400

• Islamic: Up to 1:500

• Demo: Up to 1:500

• Spreads:

• Standard: From 1.2 pips

• ECN: From 0.0 pips

• Pro: From 1.0 pip

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $7 per lot

• Pro: $5 per lot

• Islamic: None

• Lot Size:

• Standard: 1 lot (100,000 units)

• ECN: 1 lot (100,000 units)

• Pro: 1 lot (100,000 units)

• Islamic: 1 lot (100,000 units)

• Demo: 1 lot (100,000 units)

• Available Trading Platforms:

• All account types support MT4 and 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: Access to all trading instruments with a virtual balance.

Advantages and Disadvantages of Each Account Type

• Standard Account:

• Advantages: Low minimum deposit, no commission.

• Disadvantages: Higher spreads compared to ECN.

• ECN Account:

• Advantages: Tight spreads, direct market access.

• Disadvantages: Higher minimum deposit, commission fees.

• Pro Account:

• Advantages: Competitive spreads, suitable for high-volume trading.

• Disadvantages: High minimum deposit.

• Islamic Account:

• Advantages: Compliant with Islamic finance, no overnight fees.

• Disadvantages: Limited to specific trading conditions.

• Demo Account:

• Advantages: Risk-free trading, practice environment.

• Disadvantages: Limited duration and virtual balance.

fx stream Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific regulations.
• Prohibited Countries: Countries under sanctions or restrictions may be prohibited.
• Identity Verification Documents Needed: Valid government-issued ID (passport, drivers license).
• Proof of Residence Requirements: Recent utility bill or bank statement.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

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

Verification Time Frames

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

Step-by-Step fx stream Account Opening Guide

1. Visit Website and Click Registration: Navigate to the fx stream website and click on the "Open Account" button.
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, including leverage and currency.
5. Document Upload: Upload required identity verification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds using available payment methods.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a more streamlined design.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet size requirements.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request account type changes through the client portal or by contacting customer support.

fx stream Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading instruments with a virtual balance.

How to Open a Demo Account

• Follow the same steps as opening a live account, selecting "Demo Account" during the registration process.

Demo Account Limitations

• Limited to a virtual balance and may expire after a set period (usually 30 days).

Virtual Balance Amount

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

Demo vs Live Account Differences

• Demo accounts do not involve real money; performance may differ from live trading due to market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts usually last for 30 days but can be extended upon request.

fx stream Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available and comply with Sharia law, meaning no swap fees.

Eligibility Requirements

• Must provide documentation confirming adherence to Islamic finance principles.

Differences from Standard Accounts

• Islamic accounts do not incur overnight interest, making them suitable for Muslim traders.

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 trading conditions set forth for Islamic accounts, including no overnight swaps.

FAQs – fx stream Account Types & Opening

1. What account types does fx stream offer？

• fx stream 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: Virtual balance.

1. How long does fx stream account verification take？

• Verification typically takes 1-3 business days.

1. Does fx stream offer demo accounts？

• Yes, fx stream offers demo accounts for practice trading.

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

• Yes, traders can hold multiple account types.

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

• Yes, Islamic accounts are available.

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

• A valid 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.