fxgiants Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: fxgiants Account Types Overview
fxgiants Account Types Explained
FXGiants offers a variety of account types tailored to meet the needs of different traders. Below are the main account types available:
- Live Floating Account
- Minimum Deposit: $10
- Spread/Commission Structure: Variable spreads from 1.0 pips, no commission
- Leverage Options: Up to 1:1000
- Key Features: Bonuses available, suitable for beginners
- Target User Profile: Beginner to intermediate traders
- Trading Instruments Available: Forex, metals, indices, commodities, stocks
- Live Fixed Spread Account
- Minimum Deposit: $10
- Spread/Commission Structure: Fixed spreads from 1.2 pips, no commission
- Leverage Options: Up to 1:1000
- Key Features: Predictable costs, suitable for beginners
- Target User Profile: Beginner traders
- Trading Instruments Available: Forex, metals, indices, commodities, stocks
- Live Zero Fixed Spread Account
- Minimum Deposit: $200
- Spread/Commission Structure: Fixed spreads from 0.0 pips, $9 per lot per side commission
- Leverage Options: Up to 1:500
- Key Features: Low trading costs, suitable for advanced traders
- Target User Profile: Advanced traders
- Trading Instruments Available: Forex, metals, indices, commodities, stocks
- STP/ECN No Commission Account
- Minimum Deposit: $200
- Spread/Commission Structure: Variable spreads from 1.7 pips, no commission
- Leverage Options: Up to 1:200
- Key Features: Direct market access, suitable for experienced traders
- Target User Profile: Intermediate to advanced traders
- Trading Instruments Available: Forex, metals, indices, commodities, stocks
- STP/ECN Zero Spread Account
- Minimum Deposit: $200
- Spread/Commission Structure: Variable spreads from 0.0 pips, $3.75 per lot per side commission
- Leverage Options: Up to 1:200
- Key Features: Direct market access with low costs, suitable for experienced traders
- Target User Profile: Advanced traders
- Trading Instruments Available: Forex, metals, indices, commodities, stocks
- STP/ECN Absolute Zero Account
- Minimum Deposit: $200
- Spread/Commission Structure: Variable spreads from 0.2 pips, $3.75 per lot per side commission
- Leverage Options: Up to 1:200
- Key Features: Low trading costs with direct market access
- Target User Profile: Advanced traders
- Trading Instruments Available: Forex, metals, indices, commodities, stocks
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Live Floating Account, Live Fixed Spread Account
- Intermediate Traders: STP/ECN No Commission Account
- Advanced Traders: Live Zero Fixed Spread Account, STP/ECN Zero Spread Account, STP/ECN Absolute Zero Account
Part 2: fxgiants Account Features Comparison
Detailed fxgiants Account Features
Feature Comparison
Advantages of Each Account Type
-
Live Floating Account:
Low minimum deposit
No commission fees
High leverage options
Suitable for beginners
Access to a wide range of instruments
Live Fixed Spread Account:
Predictable costs with fixed spreads
Low minimum deposit
No commission fees
Suitable for beginners
Access to various trading instruments
Live Zero Fixed Spread Account:
Extremely low spreads
Ideal for high-frequency trading
Suitable for advanced traders
Direct market access
High leverage options
STP/ECN No Commission Account:
Direct market access with no commission
Suitable for experienced traders
Competitive spreads
Access to a wide range of instruments
High leverage options
STP/ECN Zero Spread Account:
Lowest trading costs
Direct market access
Ideal for scalping strategies
High leverage options
Access to various trading instruments
STP/ECN Absolute Zero Account:
Low spreads
Direct market access
Suitable for advanced traders
High leverage options
Access to a wide range of instruments
Disadvantages of Each Account Type
-
Live Floating Account:
Variable spreads can increase during volatility
Limited features compared to advanced accounts
Live Fixed Spread Account:
Higher spreads compared to floating accounts
Limited to fixed costs
Live Zero Fixed Spread Account:
Higher minimum deposit requirement
Commission fees can add up for frequent traders
STP/ECN No Commission Account:
Higher minimum deposit requirement
Variable spreads can be less predictable
STP/ECN Zero Spread Account:
Higher commission fees
Requires more trading experience
STP/ECN Absolute Zero Account:
Higher commission fees
Requires more trading experience
Part 3: fxgiants Account Opening Requirements
fxgiants Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: FXGiants accepts clients from various countries, excluding the USA, Iran, Cuba, Sudan, Syria, and North Korea.
- Prohibited Countries: USA, Iran, Cuba, Sudan, Syria, North Korea.
Identity Verification Documents Needed
- Valid government-issued ID (passport or driver's license).
- Proof of residence (utility bill or bank statement).
KYC/AML Compliance Procedures
FXGiants adheres to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, requiring clients to provide necessary documentation for verification.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: fxgiants Account Opening Process
Step-by-Step fxgiants Account Opening Guide
- Visit Website and Click Registration: Go to the FXGiants official website and click on the "Open Account" button.
- Personal Information Entry: Fill in your email address, phone number, and full name.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Choose your preferred trading platform and leverage options.
- Document Upload: Upload required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds into your account using your preferred payment method.
- Start Trading: Once your account is funded, you can start trading.
Desktop vs Mobile Registration Differences
The registration process is similar on both desktop and mobile platforms, with minor differences in layout and navigation.
Common Registration Issues and Solutions
-
Issue: Email verification not received.
Solution: Check your spam folder or request a new verification email.
Issue: Document upload errors.
Solution: Ensure documents are clear and in the correct format.
Average Account Approval Time
The average account approval time is between 1 to 3 business days.
How to Upgrade/Downgrade Account Types
To upgrade or downgrade your account type, contact FXGiants customer support for assistance.
fxgiants Demo Account Guide
Demo Account Features and Benefits
- Access to all trading instruments available in live accounts.
- Practice trading strategies without financial risk.
- Real-time market conditions.
How to Open a Demo Account
- Visit the FXGiants website and select the option to open a demo account.
- Fill in the required personal information and preferences.
Demo Account Limitations
- Limited duration (typically 30 days).
- Virtual balance may not reflect real market conditions.
Virtual Balance Amount
Demo accounts usually come with a virtual balance of $10,000.
Demo vs Live Account Differences
- Demo accounts do not involve real money; live accounts require actual funds.
- Demo accounts may have limited features compared to live accounts.
Duration/Expiry of Demo Accounts
Demo accounts typically expire after 30 days of inactivity.
Part 6: fxgiants Islamic Account (if available)
fxgiants Islamic Account Details
Swap-Free/Islamic Account Availability
FXGiants offers Islamic accounts that comply with Sharia law, allowing traders to engage in trading without incurring swap fees.
Eligibility Requirements
To qualify for an Islamic account, traders must declare their need for a swap-free option during the account opening process.
Differences from Standard Accounts
Islamic accounts do not incur swap fees, making them suitable for traders who adhere to Islamic finance principles.
How to Apply for Islamic Account
During the account registration process, select the option for an Islamic account and provide any required documentation.
Restrictions or Special Conditions
Islamic accounts may have specific conditions regarding trading strategies and leverage.
FAQs – fxgiants Account Types & Opening
- What account types does fxgiants offer?
- FXGiants offers Live Floating, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero accounts.
- What is the minimum deposit for each account type?
- Minimum deposits range from $10 for Live accounts to $200 for STP/ECN accounts.
- How long does fxgiants account verification take?
- Account verification typically takes 1-3 business days.
- Does fxgiants offer demo accounts?
- Yes, FXGiants provides demo accounts for practice trading.
- Can I have multiple account types with fxgiants?
- Yes, traders can open multiple account types as needed.
- Does fxgiants offer Islamic/swap-free accounts?
- Yes, FXGiants offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a fxgiants account?
- Required documents include a valid ID and proof of residence.
- Can I change my account type after registration?
- Yes, account types can be changed by contacting customer support.
FXGIANTS accounts can be viewed for products that can be traded -- accounts with a minimum deposit of -- by (2+) (5+) Neteller VISA Skrill.