FX88 Account Type

FX88 offers two main types of trading accounts for its clients:

• ECN Account:
• Minimum Deposit: $100
• Leverage: Up to 1:500
• Spreads: Average spread of 1.3 pips on EUR/USD.
• Commission: None.
• Minimum Trade Size: 0.01 lots.
• Premium Account:
• Minimum Deposit: $20,000
• Leverage: Up to 1:500
• Spreads: Average spread of 0.1 pips on EUR/USD.
• Commission: $7 per standard lot.
• Minimum Trade Size: 0.01 lots.
• Additional Benefit: Personal account manager.

Both account types allow trading in forex, metals, and CFDs, and offer the opportunity to trade in micro lots for better risk management.

FX88 Broker Account Opening Process

To open an account with FX88, follow these steps:

• Visit the FX88 Website: Go to the official FX88 website.
• Choose Account Type: Select either the ECN or Premium account based on your investment capability and trading needs.
• Complete Registration: Fill out the registration form with your personal details, including email address and phone number.
• Submit Application: Choose a password, read the terms and conditions, and submit your request.
• Verification: FX88 will verify your submitted details to ensure the safety of your funds and account information.
• Demo Account Option: You can start with a demo account, which is completely free and comes loaded with up to $100,000 of simulated funds for practice.

Note: FX88 does not provide the option to open a live account directly through its website; it primarily promotes the demo account.