FXTrade Account Type

FXTrade offers three main types of trading accounts to cater to different trader needs:

• ECN Account
• Leverage: 1:100 / 1:200
• Minimum Deposit: $50
• Spread: As low as 0.6 pips on major pairs
• Commission: None
• Negative Balance Protection: Yes
• Execution Quality: Executed in less than 1 second
• Max Lot per Order: 20
• Min Trade Volume: 0.01
• High Leverage Account
• Leverage: Up to 1:1000
• Minimum Deposit: $50
• Spread: As low as 1.0 pips
• Commission: None
• Negative Balance Protection: Yes
• Execution Quality: Executed in less than 1 second
• Max Lot per Order: 20
• Min Trade Volume: 0.01
• Islamic Account
• Leverage: 1:100 / 1:200
• Minimum Deposit: $50
• Spread: As low as 0.6 pips
• Commission: None
• Negative Balance Protection: Yes
• Execution Quality: Executed in less than 1 second
• Max Lot per Order: 20
• Min Trade Volume: 0.01
• Overnight Interest: None

FXTrade Broker Account Opening Process

Opening an account with FXTrade is straightforward and can be completed in a few simple steps:

• Registration
• Go to the FXTrade website and register using your phone number or email.
• Complete the registration form to create your account.
• Account Verification
• Submit identification documents such as a government-issued ID, driving license, or passport.
• Provide a bank statement showing your name and address.
• Funding Your Account
• Navigate to the fund section and click on deposit.
• Select your preferred payment method and the amount to deposit.
• Confirm the payment; your balance will be updated immediately upon a successful transaction.
• Withdrawal Process
• To withdraw funds, navigate to the fund section and click on withdraw.
• Submit your withdrawal request, and FXTrade will process it within 24 hours on weekdays.
• Account Activation
• A minimum deposit of $50 is required to activate your trading account.