FXTRADING broker Accounts

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

fxtrading Account Types Explained

When considering entering the forex market, understanding the various fxtrading account types is essential. Each account type caters to different trading styles and experience levels, providing unique features and benefits.

1. Standard Trading Account

• Minimum Deposit: $50
• Spread/Commission Structure: From 0.2 pips; zero commission fees
• Leverage Options: Up to 2000:1
• Key Features: User-friendly interface, ideal for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex pairs, indices, commodities

2. Standard Plus Account

• Minimum Deposit: $100
• Spread/Commission Structure: From 0.3 pips; zero commission fees
• Leverage Options: Up to 2000:1
• Key Features: Enhanced trading conditions for users with more capital
• Target User Profile: Intermediate traders
• Trading Instruments Available: Forex pairs, indices, commodities

3. Standard Pro Account

• Minimum Deposit: $100
• Spread/Commission Structure: From 0.1 pips; zero commission fees
• Leverage Options: Up to 2000:1
• Key Features: Competitive spreads, suitable for active traders
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex pairs, indices, commodities

4. Professional Trading Accounts

• Minimum Deposit: $3,000 (Zero Account), $50 (Raw Spread Account)
• Spread/Commission Structure: Zero Account - From 0.0 pips, commission from $0.40; Raw Spread - From 0.1 pips, commission up to $3.50
• Leverage Options: Up to 2000:1
• Key Features: Direct market pricing, ideal for scalpers
• Target User Profile: Professional traders
• Trading Instruments Available: Forex pairs, indices, commodities

5. Demo Account

• Minimum Deposit: N/A (virtual balance)
• Spread/Commission Structure: Simulates live market conditions
• Leverage Options: N/A
• Key Features: Risk-free trading environment, practice strategies
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: Forex pairs, indices, commodities

Comparison Table of fxtrading Account Types

Recommended Account Types by Trader Level

• Beginners: Standard Trading Account
• Intermediate Traders: Standard Plus Account
• Advanced Traders: Standard Pro Account
• Professional Traders: Professional Trading Accounts
• Practice: Demo Account

Detailed fxtrading Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account: Low minimum deposit, user-friendly for beginners.
• Standard Plus Account: Slightly better spreads, suitable for those with more capital.
• Standard Pro Account: Tight spreads, ideal for active traders.
• Professional Accounts: Direct market access, lower trading costs for high-frequency trading.
• Demo Account: Risk-free environment to practice trading strategies.

Disadvantages of Each Account Type

• Standard Account: Limited features for advanced trading.
• Standard Plus Account: Higher minimum deposit than the Standard Account.
• Standard Pro Account: Requires more capital to open.
• Professional Accounts: Higher minimum deposit requirement.
• Demo Account: Limited to virtual trading, no real profits.

fxtrading Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to clients in most countries; specific restrictions may apply.
• Prohibited Countries: Countries under sanctions or with specific regulatory restrictions.
• Identity Verification Documents Needed: Government-issued ID (passport, driver's license).
• Proof of Residence Requirements: Utility bill, bank statement, or government document showing your name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) verification to ensure compliance with regulatory standards.

Verification Time Frames

• Account verification typically takes 24-48 hours, though some accounts may be approved instantly.

Step-by-Step fxtrading Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the fxtrading website and select "Sign Up."
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your new trading account.
8. Start Trading: Once funded, you can begin trading on the platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may be more streamlined.

Common Registration Issues and Solutions

• Document Rejection: Ensure documents are clear and meet the required specifications.
• Verification Delays: Contact customer support if verification exceeds the expected time frame.

Average Account Approval Time

• Typically, account approval takes between 24-48 hours.

How to Upgrade/Downgrade Account Types

• Contact customer support or use the account management portal to request an upgrade or downgrade.

fxtrading Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies with live market conditions.
• Access to the same trading platforms (MT4, MT5) as live accounts.

How to Open a Demo Account

• Visit the fxtrading website and select the option to open a demo account. Follow the registration steps similar to those for a live account.

Demo Account Limitations

• Limited to virtual trading; no real profits can be made.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance that allows for extensive practice.

Demo vs Live Account Differences

• Demo accounts simulate trading conditions without financial risk, while live accounts involve real capital and market exposure.

Duration/Expiry of Demo Accounts

• Demo accounts may have a set duration (e.g., 30 days) or can remain active until the user decides to transition to a live account.

fxtrading Islamic Account Details

Swap-Free/Islamic Account Availability

• fxtrading offers Islamic accounts that comply with Sharia law, allowing for trading without swap fees.

Eligibility Requirements

• Clients must request an Islamic account during the registration process and provide necessary documentation.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for traders adhering to Islamic finance principles.

How to Apply for Islamic Account

• Indicate the request for an Islamic account during the account opening process or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions or limitations compared to standard accounts.

FAQs – fxtrading Account Types & Opening

1. What account types does fxtrading offer？

• fxtrading offers Standard, Standard Plus, Standard Pro, Professional (Zero and Raw Spread), and Demo accounts.

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

• Standard: $50, Standard Plus: $100, Standard Pro: $100, Professional Zero: $3,000, Professional Raw: $50.

1. How long does fxtrading account verification take？

• Verification typically takes 24-48 hours.

1. Does fxtrading offer demo accounts？

• Yes, fxtrading provides demo accounts for practice trading.

1. Can I have multiple account types with fxtrading？

• Yes, clients can hold multiple account types.

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

• Yes, Islamic accounts are available upon request.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.