Real Fx Account Types

Real Fx offers several types of trading accounts to cater to different traders' needs. The primary account types include:

• Standard Account:
• Lot Size: 100,000 units (1 standard lot).
• Minimum Deposit: Typically ranges from $100 to $5,000.
• Leverage: Up to 100:1.
• Suitable For: Experienced traders who can manage higher risks and seek larger trades.
• Mini Account:
• Lot Size: 10,000 units (1 mini lot).
• Minimum Deposit: Usually between $10 to $500.
• Leverage: Up to 400:1.
• Suitable For: Beginners or traders with limited capital who want to reduce risk exposure.
• Micro Account:
• Lot Size: 1,000 units (1 micro lot).
• Minimum Deposit: Can be as low as $1.
• Leverage: Up to 100:1.
• Suitable For: Novice traders wanting to practice with minimal risk.
• Islamic Account:
• Features: Swap-free accounts designed for traders who follow Islamic finance principles.
• Commission: Fixed commission or spread instead of interest.
• Suitable For: Muslim traders who wish to avoid interest-related transactions.
• Managed Account:
• Features: Professional management of trading decisions.
• Minimum Investment: Generally requires a minimum of $2,000 for pooled accounts and $10,000 for individual accounts.
• Suitable For: Investors who lack time or expertise to trade actively.

Real Fx Broker Account Opening Process

To open a Real Fx trading account, follow these steps:

• Choose a Broker: Visit the Real Fx website and select the account type that suits your trading needs.

• Register with the Broker:

• Fill out the online registration form with your personal details (name, email, phone number).
• Verify your identity by providing a government-issued ID (passport or drivers license).
• Provide proof of residence, such as a recent utility bill or bank statement dated within the last 6 months.
• Upload Required Documents:
• Upload color copies of your ID and utility bill directly through the broker's platform.
• Ensure all documents are clear and legible for verification.
• Fund Your Account:
• Deposit the minimum required amount, which may vary depending on the account type (e.g., $1 for micro accounts, $100 for standard accounts).
• Funding methods may include bank transfers, credit/debit cards, or e-wallets.
• Choose a Trading Platform:
• Select a trading platform offered by Real Fx, such as MetaTrader 4 or 5, based on your preferences.
• Start Trading:
• Once your account is validated, log in using the provided credentials and begin trading in the forex market.

Following these steps will ensure a smooth account opening experience with Real Fx.