English

Rating Index

1.33

Regulation

0.00

License

0.00

Software Index

4.00

Risk Control

0.00

Business

5.64

Pros

Offers a profit share of up to 80%, allowing traders to retain a significant portion of their earnings.

Provides a variety of account options and a single-phase evaluation process, making it accessible for traders of different skill levels.

Allows trading of a wide range of assets, including forex pairs, metals, cryptocurrencies, and indices.

Cons

Consistent complaints regarding payout delays and denials, leading to a lack of trust among users.

No refund policy for registration fees, which can be seen as a financial risk for traders.

Limited transparency about the company's ownership and regulatory status, raising concerns about its credibility.

Genesis Forex Funds broker Accounts

genesis forex funds Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: genesis forex funds Account Types Explained

Genesis Forex Funds offers several account types tailored to meet the diverse needs of traders. Below is an overview of the available account types, including their features, requirements, and target user profiles.

Available Account Types

Standard Account

Minimum Deposit: $10
Spread/Commission Structure: Spreads from 1.0 pips; no commission.
Leverage Options: Up to 1:500.
Key Features: Ideal for beginners; offers access to a wide range of trading instruments.
Target User Profile: Beginners and casual traders.
Trading Instruments Available: Forex pairs, commodities, indices.

ECN Account

Minimum Deposit: $100.
Spread/Commission Structure: Spreads from 0.1 pips; commission of $5 per lot.
Leverage Options: Up to 1:500.
Key Features: Direct market access with lower spreads; suitable for high-frequency trading.
Target User Profile: Intermediate to advanced traders.
Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies.

VIP Account

Minimum Deposit: $10,000.
Spread/Commission Structure: Spreads from 0.0 pips; lower commission rates.
Leverage Options: Up to 1:500.
Key Features: Personalized service, lower trading costs, and exclusive market insights.
Target User Profile: Professional and institutional traders.
Trading Instruments Available: Extensive range including forex, commodities, indices, and cryptocurrencies.

Islamic Account

Minimum Deposit: $100.
Spread/Commission Structure: Similar to ECN accounts; no swap fees.
Leverage Options: Up to 1:500.
Key Features: Compliant with Sharia law; no interest charges.
Target User Profile: Muslim traders seeking compliant trading options.
Trading Instruments Available: Forex pairs, commodities, indices.

Demo Account

Minimum Deposit: Virtual balance (typically $100,000).
Spread/Commission Structure: Same as the Standard account.
Leverage Options: Up to 1:500.
Key Features: Risk-free environment for practice; access to all trading platforms.
Target User Profile: Beginners and traders testing strategies.
Trading Instruments Available: Full range available for practice.

Account Type Comparison Table

Account Type	Minimum Deposit	Spread (Typical)	Commission	Leverage	Target User Profile
Standard	$10	1.0 pips	None	1:500	Beginners
ECN	$100	0.1 pips	$5/lot	1:500	Intermediate
VIP	$10,000	0.0 pips	Lower rates	1:500	Professionals
Islamic	$100	Similar to ECN	None	1:500	Muslim Traders
Demo	Virtual Balance	Same as Standard	None	1:500	All levels

Recommended Account Types by Trader Level

Beginners: Standard Account
Intermediate Traders: ECN Account
Advanced Traders: VIP Account
Muslim Traders: Islamic Account
Practice Traders: Demo Account

Part 2: Detailed genesis forex funds Account Features

Account Features Comparison

Feature	Standard Account	ECN Account	VIP Account	Islamic Account	Demo Account
Minimum Deposit	$10	$100	$10,000	$100	Virtual
Maximum Leverage	1:500	1:500	1:500	1:500	1:500
Spreads (Typical)	1.0 pips	0.1 pips	0.0 pips	Similar to ECN	Same as Standard
Commission Fees	None	$5/lot	Lower rates	None	None
Lot Size	Standard	Micro/Mini/Standard	Standard	Standard	Standard
Available Trading Platforms	MT4, MT5	MT4, MT5	MT4, MT5	MT4, MT5	MT4, MT5
Execution Type	Market	ECN	ECN	ECN	Market
Islamic Account Availability	No	No	No	Yes	No
Swap-Free Options	No	No	No	Yes	No
Demo Account Features	No	No	No	No	Yes

Advantages and Disadvantages of Each Account Type

Standard Account

Advantages:
Low minimum deposit.
No commission fees.
Suitable for beginners.
Disadvantages:
Higher spreads compared to ECN.
Limited advanced features.

ECN Account

Advantages:
Low spreads and direct market access.
Suitable for high-frequency trading.
Transparent pricing.
Disadvantages:
Requires a higher minimum deposit than Standard.
Commission fees apply.

VIP Account

Advantages:
Lowest spreads and commissions.
Personalized service and insights.
Access to exclusive trading tools.
Disadvantages:
High minimum deposit requirement.
Not suitable for casual traders.

Islamic Account

Advantages:
Compliant with Sharia law.
No swap fees.
Disadvantages:
Limited to specific trading conditions.
Not available for all instruments.

Demo Account

Advantages:
Risk-free trading environment.
Access to all trading features.
Disadvantages:
Virtual funds do not reflect real market conditions.
Limited duration for practice.

Part 3: genesis forex funds Account Registration Requirements

Eligibility Criteria

Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; check for specific restrictions.
Prohibited Countries: Specific countries may be restricted; refer to the website for details.
Identity Verification Documents Needed: Government-issued ID (passport or driver's license).
Proof of Residence Requirements: Utility bill or bank statement showing your name and address.
Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

Genesis Forex Funds adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. All clients must complete identity verification before trading.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Part 4: Step-by-Step genesis forex funds Account Opening Guide

Detailed Step-by-Step Registration Process

Visit Website and Click Registration: Go to the Genesis Forex Funds website and click on the "Get Started" button.
Personal Information Entry: Fill in your personal details, including name, email, and phone number.
Choose Account Type: Select the account type that best suits your trading needs.
Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
Document Upload: Upload the required identity verification documents.
Account Verification: Wait for the account to be verified by the Genesis team.
Fund Your Account: Deposit funds into your account using one of the available payment methods.
Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with slight variations in layout and navigation.

Common Registration Issues and Solutions

Document Rejection: Ensure documents are clear and meet the requirements.
Email Verification Issues: Check your spam folder if you do not receive the verification email.

Average Account Approval Time

Typically, account approval takes 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

Account types can be changed by contacting customer support and providing the necessary documentation for the new account type.

Part 5: genesis forex funds Demo Account Guide

Demo Account Features and Benefits

Risk-Free Trading: Practice trading strategies without financial risk.
Access to All Features: Full access to trading platforms and tools.
Real Market Conditions: Simulates real market conditions with virtual funds.