SFXT broker Accounts

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

Part 1: sfxt Account Types Overview

sfxt Account Types Explained

SFXT offers a variety of trading accounts tailored to meet the needs of different traders. Below are the available account types along with their key features:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners, easy to navigate.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

2. Premier Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads from 1.2 pips, no commission.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions, priority customer support.
• Target User Profile: Intermediate traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

3. Elite Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Variable spreads from 0.8 pips, no commission.
• Leverage Options: Up to 1:300.
• Key Features: Advanced trading tools, dedicated account manager.
• Target User Profile: Experienced traders and professionals.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies, and stocks.

4. Professional Account

• Minimum Deposit Requirement: $25,000
• Spread/Commission Structure: Raw spreads from 0.0 pips, commission applies.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, suitable for high-frequency trading.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: Extensive range including forex, commodities, indices, and more.

5. Islamic Account

• Minimum Deposit Requirement: $100 (same as Standard)
• Spread/Commission Structure: Similar to Standard Account but swap-free.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law, no interest charges.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

6. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000).
• Spread/Commission Structure: Similar to live accounts.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free environment for practice.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Same as live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: Premier Account
• Advanced Traders: Elite Account
• Professional Traders: Professional Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: sfxt Account Features Comparison

Detailed sfxt Account Features

When comparing the features across different account types, here are the key aspects to consider:

• Minimum Deposit:

• Standard: $100

• Premier: $1,000

• Elite: $5,000

• Professional: $25,000

• Islamic: $100

• Demo: Virtual balance

• Maximum Leverage:

• Standard: 1:500

• Premier: 1:400

• Elite: 1:300

• Professional: 1:200

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• Premier: From 1.2 pips

• Elite: From 0.8 pips

• Professional: From 0.0 pips

• Islamic: Same as Standard

• Commission Fees:

• Standard: None

• Premier: None

• Elite: None

• Professional: Yes (varies)

• Islamic: None

• Lot Size:

• Standard: Micro (0.01)

• Premier: Mini (0.1)

• Elite: Standard (1.0)

• Professional: Customizable

• Islamic: Micro (0.01)

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard & Premier: Market

• Elite & Professional: ECN

• Islamic Account Availability:

• Yes, for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual trading environment with real market conditions.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• High leverage

• Premier Account:

• Lower spreads than Standard

• Enhanced support

• Elite Account:

• Tight spreads

• Dedicated account manager

• Professional Account:

• Direct market access

• Raw spreads

• Islamic Account:

• Complies with Sharia law

• No interest charges

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to professional accounts

• Premier Account:

• Higher minimum deposit than Standard

• Elite Account:

• High minimum deposit

• Professional Account:

• Requires significant capital

• Islamic Account:

• Limited to specific trading conditions

Part 3: sfxt Account Opening Requirements

sfxt Account Registration Requirements

To open an account with SFXT, traders must meet the following eligibility criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific regions may be restricted.
• Prohibited Countries: Countries under international sanctions or restrictions.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of residency (utility bill or bank statement)
• Proof of Residence Requirements: Must provide a document showing your name and address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• Traders must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks during registration.

Verification Time Frames

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

Part 4: sfxt Account Opening Process

Step-by-Step sfxt Account Opening Guide

1. Visit the Website: Go to the SFXT official website.
2. Click Registration: Find and click the "Open Account" or "Sign Up" button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify trading preferences and risk tolerance.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the account to be verified by the SFXT team.
8. Fund Your Account: Deposit funds into your account using available payment methods.
9. Start Trading: Begin trading once your account is funded and verified.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct 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

• Traders can request an upgrade or downgrade through their account management portal or by contacting customer support.

Part 5: sfxt Demo Account Information

sfxt Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk.

• Access to real market conditions and trading tools.

• How to Open a Demo Account:

• Follow the same registration process and select the demo account option.

• Demo Account Limitations:

• Limited duration (usually 30 days) or virtual balance.

• Virtual Balance Amount:

• Typically set at $10,000 for practice.

• Demo vs Live Account Differences:

• Demo accounts do not involve real money; live accounts do.

• Duration/Expiry of Demo Accounts:

• Demo accounts may expire after a set period or if inactive.

Part 6: sfxt Islamic Account Details

sfxt Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Yes, available for traders who require compliance with Sharia law.

• Eligibility Requirements:

• Must provide documentation to confirm Muslim status if required.

• Differences from Standard Accounts:

• No swap fees; otherwise similar trading conditions.

• How to Apply for Islamic Account:

• Select the Islamic account option during registration or contact support.

• Restrictions or Special Conditions:

• Must adhere to specific trading conditions set by SFXT.

FAQs – sfxt Account Types & Opening

1. What account types does sfxt offer？

• SFXT offers Standard, Premier, Elite, Professional, Islamic, and Demo accounts.

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

• Standard: $100, Premier: $1,000, Elite: $5,000, Professional: $25,000, Islamic: $100, Demo: Virtual balance.

1. How long does sfxt account verification take？

• Account verification typically takes 1-3 business days.

1. Does sfxt offer demo accounts？

• Yes, SFXT provides demo accounts for practice.

1. Can I have multiple account types with sfxt？

• Yes, traders can open multiple account types.

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

• Yes, SFXT offers Islamic accounts that comply with Sharia law.

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

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

1. Can I change my account type after registration？

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