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Rating Index

Pros

Wide range of trading instruments, including forex, cryptocurrencies, and commodities, allowing for diversified trading strategies.
Free to join, providing an accessible entry point for new traders without initial investment.
Offers extensive training and support resources to help users navigate the trading platform and improve their trading skills.

Cons

Not regulated by a top-tier financial authority, which raises concerns about the safety and security of traders' funds.
Complex compensation structure that can be difficult for new users to understand, leading to potential confusion and frustration.
High dropout rate among affiliates, indicating that many users may not find success or satisfaction with the platform.

SFI broker Accounts

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

Part 1: sfi Account Types Explained

SFI offers a variety of account types tailored to different trading needs and profiles. Below is an overview of the available account types, including their features and requirements.

1. Standard Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.0 pips
  • Leverage Options: Up to 1:500
  • Key Features:
  • Access to a wide range of trading instruments
  • User-friendly interface suitable for beginners
  • Target User Profile: Beginners and casual traders
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

2. ECN Account

  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads from 0.0 pips with a commission fee
  • Leverage Options: Up to 1:200
  • Key Features:
  • Direct market access
  • Faster execution speeds
  • Target User Profile: Intermediate to advanced traders
  • Trading Instruments Available: Forex, commodities, indices

3. Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Competitive spreads with lower commission fees
  • Leverage Options: Up to 1:100
  • Key Features:
  • Advanced trading tools and analytics
  • Priority customer support
  • Target User Profile: Professional traders and institutions
  • Trading Instruments Available: Forex, commodities, indices, and CFDs

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account
  • Leverage Options: Up to 1:500
  • Key Features:
  • Compliant with Sharia law (no swap fees)
  • Target User Profile: Muslim traders
  • Trading Instruments Available: Forex, commodities, indices

5. Demo Account

  • Minimum Deposit Requirement: N/A (virtual funds)
  • Spread/Commission Structure: Simulated trading environment
  • Leverage Options: Up to 1:500
  • Key Features:
  • Practice trading without financial risk
  • Access to all trading instruments
  • Target User Profile: Beginners and traders looking to test strategies
  • Trading Instruments Available: All available instruments

Account Type Comparison Table

Account Type Minimum Deposit Spread Leverage Target User Profile
Standard $100 From 1.0 pips Up to 1:500 Beginners
ECN $500 From 0.0 pips Up to 1:200 Intermediate
Pro $1,000 Competitive Up to 1:100 Professionals
Islamic $100 Similar to Standard Up to 1:500 Muslim Traders
Demo N/A Simulated Up to 1:500 Beginners

  • Beginners: Standard Account, Demo Account
  • Intermediate: ECN Account
  • Advanced: Pro Account
  • Muslim Traders: Islamic Account

Part 2: sfi Account Features Comparison

Detailed sfi Account Features

Below is a comparison of key features across different sfi account types:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage 1:500 1:200 1:100 1:500 1:500
Spreads (Typical/Minimum) From 1.0 pips From 0.0 pips Competitive Similar to Standard Simulated
Commission Fees None Yes Lower None N/A
Lot Size Standard Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes N/A
Demo Account Features No No No No Yes

Advantages of Each Account Type

  • Standard Account:
  • Low minimum deposit
  • User-friendly for beginners
  • Access to multiple instruments
  • ECN Account:
  • Direct market access
  • Tight spreads
  • Suitable for scalping
  • Pro Account:
  • Advanced trading tools
  • Lower commission fees
  • Priority support
  • Islamic Account:
  • Sharia-compliant
  • No swap fees
  • Demo Account:
  • Risk-free trading
  • Practice strategies
  • Access to all instruments

Disadvantages of Each Account Type

  • Standard Account:
  • Higher spreads compared to ECN
  • ECN Account:
  • Higher minimum deposit required
  • Commission fees apply
  • Pro Account:
  • Higher minimum deposit
  • Islamic Account:
  • Limited to Muslim traders
  • Demo Account:
  • No real money trading
  • Limited duration

Part 3: sfi Account Registration Requirements

sfi Account Registration Requirements

To open an sfi account, the following eligibility criteria must be met:

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available in most countries; check specific restrictions.
  • Prohibited Countries: Specific countries may be restricted; refer to the sfi website for details.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or national ID)
  • Proof of residence (utility bill or bank statement)
  • Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

  • Complete identity verification through document submission.
  • Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

Verification Time Frames

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

Part 4: sfi Account Opening Process

Step-by-Step sfi Account Opening Guide

  1. Visit Website and Click Registration: Go to the sfi official website and select the registration option.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the desired account type based on your trading needs.
  4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
  5. Document Upload: Upload the required identity verification documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to activate your account.
  8. Start Trading: Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, with mobile offering a more streamlined interface.

Common Registration Issues and Solutions

  • Issue: Document upload failure.
  • Solution: Ensure documents are clear and meet the required format.
  • Issue: Verification delays.
  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Log into your account and navigate to the account settings to request an upgrade or downgrade.

Part 5: sfi Demo Account Information

sfi Demo Account Guide

  • Demo Account Features and Benefits:

  • Practice trading with virtual funds.

  • Test trading strategies without financial risk.

  • How to Open a Demo Account:

  • Select the demo account option during the registration process.

  • Demo Account Limitations:

  • Limited duration (usually 30 days).

  • Virtual Balance Amount:

  • Typically provided with a virtual balance of $10,000.

  • Demo vs Live Account Differences:

  • Demo accounts use virtual funds, while live accounts involve real money trading.

  • Duration/Expiry of Demo Accounts:

  • Demo accounts usually expire after 30 days but can be renewed.

Part 6: sfi Islamic Account Details

sfi Islamic Account Details

  • Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
  • Eligibility Requirements: Must comply with Islamic finance principles.
  • Differences from Standard Accounts: No swap fees; otherwise similar features.
  • How to Apply for Islamic Account: Select the Islamic account option during registration.
  • Restrictions or Special Conditions: Must provide proof of eligibility for Islamic accounts.

FAQs – sfi Account Types & Opening

  1. What account types does sfi offer?
  • SFI offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
  1. How long does sfi account verification take?
  • Verification typically takes 1-3 business days.
  1. Does sfi offer demo accounts?
  • Yes, SFI offers demo accounts for practice trading.
  1. Can I have multiple account types with sfi?
  • Yes, you can open multiple accounts with different types.
  1. Does sfi offer Islamic/swap-free accounts?
  • Yes, SFI offers Islamic accounts compliant with Sharia law.
  1. What documents do I need to open a sfi 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 your account settings.

SFI accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
SFI Account