FxBox broker Accounts

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

Part 1: fxbox Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Fixed spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads from 0.1 pips + $3 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, low latency
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads from 0.0 pips + $2 commission per lot
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, advanced tools
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, stocks, indices

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:200
• Key Features: Complies with Islamic finance principles
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard account
• Leverage Options: Same as Standard account
• Key Features: Practice trading without risk
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Same as Standard account

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice Traders: Demo Account

Part 2: Detailed fxbox Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:200

• Demo: Same as Standard

• Spreads:

• Standard: Fixed from 1.5 pips

• ECN: Variable from 0.1 pips

• Pro: Variable from 0.0 pips

• Islamic: Variable (similar to Standard)

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4

• ECN: MT4, MT5

• Pro: MT5, Proprietary

• Islamic: MT4

• Demo: MT4

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance: $10,000

• Duration: 30 days

• Expiry: After 30 days of inactivity

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners

• Low minimum deposit

• Fixed spreads provide predictability

• ECN Account:

• Low latency and direct market access

• Tight spreads

• Suitable for scalping

• Pro Account:

• Best conditions for professional trading

• Low commission fees

• Access to advanced trading tools

• Islamic Account:

• Complies with Islamic finance principles

• No swap fees

• Similar trading conditions to other accounts

• Demo Account:

• Risk-free trading environment

• Practice strategies without financial loss

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees can add up

• Pro Account:

• Requires significant capital

• More complex trading environment

• Islamic Account:

• Limited availability

• May have fewer features than other accounts

• Demo Account:

• Limited duration

• No real financial commitment or experience

Part 3: fxbox Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries; check local regulations
• Prohibited Countries: Countries under international sanctions
• Identity Verification Documents Needed: Government-issued ID (passport or driver's license)
• Proof of Residence Requirements: Utility bill or bank statement dated within the last three months
• Additional Documentation for Professional Accounts: Proof of trading experience or financial statements

KYC/AML Compliance Procedures

• Identity verification through document submission
• Address verification through utility bills
• Source of funds declaration

Verification Time Frames

• Standard accounts: 1-3 business days
• Professional accounts: 3-5 business days

Part 4: Step-by-Step fxbox Account Opening Guide

Registration Process

1. Visit Website: Go to the fxbox homepage.
2. Click Registration: Locate and click the "Register" button.
3. Personal Information Entry: Fill in your name, email, and phone number.
4. Choose Account Type: Select from Standard, ECN, Pro, Islamic, or Demo.
5. Set Trading Preferences: Specify leverage and trading instruments.
6. Document Upload: Upload required identity and residence documents.
7. Account Verification: Wait for confirmation from fxbox.
8. Fund Your Account: Deposit funds to start trading.
9. Start Trading: Access the trading platform and begin.

Desktop vs Mobile Registration Differences

• Desktop: Full website access with all features.
• Mobile: Streamlined registration process with limited features.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Check file format and size.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically ranges from 1 to 5 business days depending on the account type.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to account settings.
• Select the option to change account type and follow the prompts.

Part 5: fxbox Demo Account Guide

Demo Account Features and Benefits

• Practice trading with virtual funds.
• Access to the same trading instruments as live accounts.
• No financial risk involved.

How to Open a Demo Account

• Follow the registration process and select "Demo" as the account type.

Demo Account Limitations

• Limited duration of 30 days.
• No access to real funds or trading profits.

Virtual Balance Amount

• Typically $10,000 in virtual funds.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts use real money.
• Demo accounts have a limited time frame.

Duration/Expiry of Demo Accounts

• Demo accounts expire after 30 days of inactivity.

Part 6: fxbox Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, fxbox offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must provide documentation proving Muslim faith.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Must comply with Islamic finance principles; no interest-based transactions.

FAQs – fxbox Account Types & Opening

1. What account types does fxbox offer？

• fxbox 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: $500, Demo: N/A.

1. How long does fxbox account verification take？

• Verification typically takes 1-5 business days.

1. Does fxbox offer demo accounts？

• Yes, fxbox provides demo accounts for practice trading.

1. Can I have multiple account types with fxbox？

• Yes, you can open multiple accounts with different types.

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

• Yes, fxbox offers Islamic accounts that are swap-free.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

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