FXCG Forex Broker keeps up-to-date with the latest trading account information, including Classic/STP, Saber/ECN, Blade/ECN maximum leverage of 1:1000, trading varieties, and more
Rating Index
Pros
Offers access to the popular MetaTrader 4 platform, which is well-regarded for its user-friendly interface and extensive tools.
Allows for high leverage of up to 1:500, potentially enabling larger trades for experienced traders.
Low minimum deposit requirement of $100, making it accessible for new traders.
Cons
Operates as an unregulated offshore broker, raising concerns about the safety of funds and potential lack of transparency.
Provides vague information regarding trading conditions and lacks a clear fee structure, which can lead to confusion for traders.
Limited range of trading instruments, focusing primarily on forex and a few commodities, which may not meet the needs of all traders.
FXCG broker Accounts
Classic/STP
Saber/ECN
Blade/ECN
FXCG Account Type
FXCG offers three main types of trading accounts to cater to different trading preferences:
- ECN Blade Account
- Minimum Deposit: $10
- Maximum Leverage: 1:1000
- Minimum Spread: As low as 0.0 pips
- Commission: $2 per lot per side
- Minimum Position Size: 0.01 lots
- ECN Saber Account
- Minimum Deposit: $10
- Maximum Leverage: 1:1000
- Minimum Spread: As low as 0.0 pips
- Commission: $4 per lot per side
- Minimum Position Size: 0.01 lots
- STP Classic Account
- Minimum Deposit: $10
- Maximum Leverage: 1:1000
- Minimum Spread: Starting from 1.6 pips
- Commission: None
- Minimum Position Size: 0.01 lots
Visit the FXCG Website: Navigate to the official FXCG website and locate the "Open Account" option.
Select Account Type: Choose the type of account you wish to open (ECN Blade, ECN Saber, or STP Classic).
Fill Out the Application Form: Complete the online application form with your personal information, including:
- Name
- Phone Number
- Address
- Date of Birth
- Country of Citizenship
- Verification: Submit required documents for identity verification, which typically include:
- A government-issued ID (passport or drivers license)
- Proof of address (utility bill or bank statement)
Fund Your Account: After receiving account approval, deposit funds using one of the available methods (credit/debit card, bank transfer, etc.) to start trading.
Download Trading Platform: Set up the trading platform (MetaTrader 4) and log in using the credentials provided upon account approval.
These account types provide flexibility for traders, whether they prefer tighter spreads or commission-free trading options.
FXCG Broker Account Opening Process
To open an account with FXCG, follow these steps:
For further details, visit the following sources:
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