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Fxtrade-option Forex Broker keeps up-to-date with the latest trading account information, including EXECUTIVE, PRO, BASIC, STARTER maximum leverage of --, trading varieties, and more
Rating Index
Pros
Offers a wide range of trading instruments, including forex, commodities, and cryptocurrencies.
Provides access to leverage, allowing traders to operate with larger amounts than their initial deposit.
Includes analytical tools and trading signals to assist traders in making informed decisions.
Cons
Unregulated status raises significant concerns about the safety of funds and the legitimacy of operations.
Negative reviews and reports from users indicate a pattern of withdrawal issues and potential scams.
Lack of transparency regarding company registration and regulatory compliance, which can lead to distrust among potential clients.
Fxtrade-option broker Accounts
EXECUTIVE
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 5000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
PRO
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 2000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
BASIC
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 1000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
STARTER
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 250
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
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
- 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.
FXTrade Broker Account Opening Process
Opening an account with FXTrade is straightforward and can be completed in a few simple steps:
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