FXF broker Accounts

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

Part 1: fxf Account Types Explained

Available Account Types

1. ECN Account

• Minimum Deposit: $3,000
• Spread/Commission Structure: Spreads from 0.3 pips; Commission of $7 per lot
• Leverage Options: Up to 1:100
• Key Features: Direct market access, low spreads, suitable for professional traders
• Target User Profile: Institutional and experienced traders
• Trading Instruments Available: Major currency pairs, commodities

1. Premium Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Spreads from 1.5 pips; No commission
• Leverage Options: Up to 1:300
• Key Features: Best spreads, personalized support
• Target User Profile: Experienced traders looking for better trading conditions
• Trading Instruments Available: Forex pairs, indices

1. Classic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Spreads from 2.1 pips; No commission
• Leverage Options: Up to 1:300
• Key Features: Free trading signals, suitable for beginners
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex pairs, commodities

1. Islamic Account

• Minimum Deposit: $2,000
• Spread/Commission Structure: Spreads from 2.4 pips; No commission; Swap-free
• Leverage Options: Up to 1:300
• Key Features: Compliant with Sharia law, no interest on overnight positions
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex pairs, commodities

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000)
• Spread/Commission Structure: Similar to live accounts
• Leverage Options: Up to 1:500
• Key Features: Risk-free environment to practice trading
• Target User Profile: New traders testing strategies
• Trading Instruments Available: Same as live accounts

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Classic Account
• Intermediate Traders: Premium Account
• Advanced Traders: ECN Account
• Muslim Traders: Islamic Account
• Practice Traders: Demo Account

Part 2: fxf Account Features Comparison

Detailed fxf Account Features

• Minimum Deposit:

• ECN: $3,000

• Premium: $1,000

• Classic: $100

• Islamic: $2,000

• Demo: Virtual funds

• Maximum Leverage:

• ECN: 1:100

• Premium: 1:300

• Classic: 1:300

• Islamic: 1:300

• Demo: 1:500

• Spreads (Typical/Minimum):

• ECN: 0.3 pips

• Premium: 1.5 pips

• Classic: 2.1 pips

• Islamic: 2.4 pips

• Demo: Similar to live accounts

• Commission Fees:

• ECN: $7 per lot

• Premium: None

• Classic: None

• Islamic: None

• Demo: None

• Lot Size:

• ECN: 0.01 to 100

• Premium: 0.01 to 100

• Classic: 0.01 to 100

• Islamic: 0.01 to 100

• Demo: 0.01 to 100

• Available Trading Platforms:

• ECN: MT4, MT5

• Premium: MT4, MT5

• Classic: MT4

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• ECN: Market execution

• Premium: Instant execution

• Classic: Instant execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability: Yes, for Islamic Account type only.

• Swap-Free Options: Available for Islamic Account.

• Demo Account Features: Virtual trading environment with real market conditions.

Advantages of Each Account Type

• ECN Account:

• Direct access to the interbank market

• Low spreads

• Ideal for high-frequency trading

• Premium Account:

• Personalized customer support

• Competitive spreads

• Suitable for serious traders

• Classic Account:

• Low minimum deposit

• Free trading signals

• User-friendly for beginners

• Islamic Account:

• Sharia-compliant trading

• No interest charges

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Practice strategies without financial risk

• Access to all trading instruments

Disadvantages of Each Account Type

• ECN Account:

• High minimum deposit

• Commission fees apply

• Premium Account:

• Higher minimum deposit compared to Classic

• Limited to experienced traders

• Classic Account:

• Higher spreads

• Limited features for advanced trading

• Islamic Account:

• Higher minimum deposit

• Limited to Muslim traders only

• Demo Account:

• Virtual funds only

• Limited trading experience compared to live accounts

Part 3: fxf Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Not available in certain countries (specific list not provided).
• Prohibited Countries: Specific countries may be restricted (not detailed).
• Identity Verification Documents Needed: Government-issued ID, proof of address.
• Proof of Residence Requirements: Utility bill or bank statement with current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Verification of identity and address through submitted documents.
• Compliance with anti-money laundering regulations.

Verification Time Frames

• Account verification typically takes 1-3 business days.

Part 4: fxf Account Opening Process

Step-by-Step fxf Account Opening Guide

1. Visit Website and Click Registration: Go to the fxf official website and select the registration option.
2. Personal Information Entry: Fill in personal details including name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Specify trading preferences such as leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account to be verified by the broker.
7. Fund Your Account: Deposit the minimum required amount to activate the account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Registration processes are similar on both platforms, but mobile may have simplified forms.

Common Registration Issues and Solutions

• Issue: Document upload failures.

  Solution: Ensure documents are clear and in the correct format.

• Issue: Delays in verification.

  Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically 1-3 business days for standard accounts.

How to Upgrade/Downgrade Account Types

• Contact customer support to request changes to account type.

Part 5: fxf Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment with virtual funds.
• Access to all trading instruments available in live accounts.
• Ideal for practicing strategies and familiarizing with the trading platform.

How to Open a Demo Account

• Select the demo account option on the registration page and follow the prompts.

Demo Account Limitations

• Virtual funds may have a limit (usually around $10,000).
• Cannot withdraw profits made in the demo account.

Virtual Balance Amount

• Typically set at $10,000 for initial practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts require real money.
• Live accounts have real market conditions and emotional factors.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days unless extended.

Part 6: fxf Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, Islamic accounts are available for Muslim traders.

Eligibility Requirements

• Must adhere to Sharia law and provide necessary documentation.

Differences from Standard Accounts

• No interest on overnight positions (swap-free).
• Higher minimum deposit compared to standard accounts.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Must comply with Islamic trading principles.

FAQs – fxf Account Types & Opening

1. What account types does fxf offer？

• ECN, Premium, Classic, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• ECN: $3,000; Premium: $1,000; Classic: $100; Islamic: $2,000; Demo: Virtual funds.

1. How long does fxf account verification take？

• Typically 1-3 business days.

1. Does fxf offer demo accounts？

• Yes, a demo account is available for practice.

1. Can I have multiple account types with fxf？

• Yes, traders can hold multiple account types.

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

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support.