FXFlat Account Type
FXFlat offers several account types tailored to different trading needs. The primary account types include:
- Standard Account:
- Minimum Deposit: €200
- Leverage: Up to 1:30 for major currency pairs.
- Spreads: Starting from 0.8 pips for EUR/USD.
- Commission: €1.00 per contract, per side (half turn).
- Trading Platforms: Available on MetaTrader 4 & 5, Agenatrader.
- Professional Account:
- Minimum Deposit: €2,000
- Leverage: Up to 1:200 for professional traders.
- Spreads: Competitive, often lower than standard accounts.
- Commission: Same as standard account.
- Trading Platforms: MetaTrader 5.
- Corporate Account:
- Designed for businesses, requiring specific documentation for opening.
- Minimum deposit and trading conditions may vary based on the business structure.
- Demo Account:
- Available for practice trading with virtual funds.
- Useful for beginners to familiarize themselves with the trading platform without financial risk.
Currently, FXFlat does not offer an Islamic or swap-free account.
FXFlat Broker Account Opening Process
Opening an account with FXFlat is a straightforward process that can be completed online in just a few steps:
- Visit the FXFlat Website: Navigate to the account registration section.
- Fill Out the Application Form: Provide your personal information, including name, email, and phone number.
- Select Account Type: Choose between the standard or professional account.
- Identity Verification: Upload necessary documents for identity verification, such as a photo ID and proof of address.
- Approval Process: Wait for the review process, which typically takes one business day.
- Fund Your Account: After approval, deposit the minimum required amount using one of the accepted payment methods.
The entire account opening process is designed to be efficient and user-friendly, allowing traders to start their trading journey quickly.
For further details, please refer to the sources:
FXFlat accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .