TRUST-FX broker Accounts

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

trust fx Account Types Explained

When considering trading in the forex market, selecting the right account type is crucial. Trust fx offers a variety of account types tailored to meet the diverse needs of traders. Below is a detailed overview of the available account types.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Access to all trading instruments, including forex, commodities, and indices.
• Target User Profile: Suitable for both beginners and experienced traders.
• Trading Instruments Available: Major and minor currency pairs, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: All currency pairs, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads; commission varies based on trading volume.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Extensive range of forex pairs, commodities, and indices.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law; no interest on overnight positions.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: All available trading instruments.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Similar to Standard account conditions.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading strategies without financial risk; access to all trading instruments.
• Target User Profile: Beginners and those testing new strategies.
• Trading Instruments Available: All available trading instruments.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed trust fx Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads:

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: Competitive

• Islamic: Similar to Standard

• Demo: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: Varies

• Islamic: None

• Demo: None

• Lot Size:

• Standard: 1 standard lot = 100,000 units

• ECN: 1 standard lot = 100,000 units

• Pro: 1 standard lot = 100,000 units

• Islamic: 1 standard lot = 100,000 units

• Demo: Virtual lots

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual funds for practice, access to all instruments, no time limit on usage.

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit.
• No commission fees.
• High leverage options.
• Disadvantages:
• Higher spreads compared to ECN accounts.

ECN Account

• Advantages:
• Tight spreads.
• Direct market access.
• Suitable for scalping.
• Disadvantages:
• Higher minimum deposit.
• Commission fees apply.

Pro Account

• Advantages:
• Tailored for professional traders.
• Competitive trading conditions.
• Disadvantages:
• Higher minimum deposit.

Islamic Account

• Advantages:
• Compliant with Sharia law.
• No overnight interest fees.
• Disadvantages:
• Limited to specific trading conditions.

Demo Account

• Advantages:
• Risk-free trading environment.
• Ideal for practice and strategy testing.
• Disadvantages:
• Virtual funds do not reflect real market conditions.

trust fx Account Registration Requirements

Eligibility Criteria

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

KYC/AML Compliance Procedures

• All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification and proof of residence.

Verification Time Frames

• Account verification typically takes 24-48 hours, depending on the completeness of the submitted documents.

Step-by-Step trust fx Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the Trust fx website and locate the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the available options.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your trading account to begin trading.
8. Start Trading: Access the trading platform and start executing trades.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor layout differences.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Upgrading or downgrading account types can be done through the account settings in the trading platform or by contacting customer support.

trust fx Demo Account Guide

Demo Account Features and Benefits

• Offers a risk-free environment to practice trading strategies.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Visit the Trust fx website and select the demo account option; follow the registration process similar to live accounts.

Demo Account Limitations

• Virtual funds may not reflect real market conditions; trading conditions may differ from live accounts.

Virtual Balance Amount

• Typically, demo accounts are funded with a virtual balance of $100,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money, while live accounts require actual funds and involve real trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for a specified period, often up to 30 days, but may be extended upon request.

trust fx Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

• Traders must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – trust fx Account Types & Opening

1. What account types does trust fx offer？

• Trust fx 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 trust fx account verification take？

• Verification typically takes 24-48 hours.

1. Does trust fx offer demo accounts？

• Yes, trust fx provides demo accounts for practice trading.

1. Can I have multiple account types with trust fx？

• Yes, traders can open multiple accounts with different types.

1. Does trust fx offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for traders seeking compliance with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through the platform or customer support.