Trustfx broker Accounts

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

Part 1: trustfx Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: $300
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features: Basic trading tools, access to major currency pairs
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities

1. ECN Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Spreads from 0.1 pips + $5 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

1. Pro Account

• Minimum Deposit: $5,000
• Spread/Commission Structure: Spreads from 0.0 pips + $3 commission per lot
• Leverage Options: Up to 1:500
• Key Features: Enhanced trading conditions, priority execution
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Islamic Account

• Minimum Deposit: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:100
• Key Features: Complies with Sharia law, no swap fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as live accounts
• Leverage Options: Same as live accounts
• Key Features: Risk-free trading environment, practice strategies
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: trustfx Account Features Comparison

Detailed trustfx Account Features

• Minimum Deposit:

• Standard: $300

• ECN: $1,000

• Pro: $5,000

• Islamic: $500

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:500

• Islamic: 1:100

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.1 pips

• Pro: 0.0 pips

• Islamic: Similar to Standard/ECN

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Lot Size:

• Standard: Micro (0.01)

• ECN: Mini (0.1) and Standard (1.0)

• Pro: Mini (0.1) and Standard (1.0)

• Islamic: Micro (0.01)

• Available Trading Platforms:

• All account types: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: ECN

• Islamic: Market

• Islamic Account Availability:

• Yes, available for Standard and ECN types

• 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

• User-friendly for beginners

• Access to educational resources

• ECN Account:

• Tight spreads

• Fast execution speeds

• Ideal for scalping strategies

• Pro Account:

• Best trading conditions for professionals

• High leverage options

• Direct market access

• Islamic Account:

• Complies with Islamic finance principles

• No swap fees

• Suitable for long-term investments

• Demo Account:

• Risk-free trading

• Practice with real market conditions

• Ideal for strategy testing

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Very high minimum deposit

• Best suited for experienced traders

• Islamic Account:

• Limited availability of instruments

• May have higher spreads

• Demo Account:

• Limited duration

• No real profit potential

Part 3: trustfx Account Registration Requirements

trustfx Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old

• Geographic Restrictions: Not available to residents of certain countries (specific countries not listed)

• Prohibited Countries: Specific countries may be restricted (not detailed)

• Identity Verification Documents Needed:

• Government-issued ID (passport or national ID)

• Proof of residence (utility bill or bank statement)

• Additional Documentation for Professional Accounts:

• Business registration documents (if applicable)

• Additional financial documentation may be required

• KYC/AML Compliance Procedures:

• Verification of identity and address

• Assessment of financial status and trading experience

• Verification Time Frames:

• Typically 1-3 business days for account verification

Part 4: trustfx Account Opening Process

Step-by-Step trustfx Account Opening Guide

1. Visit Website and Click Registration: Navigate to the trustfx website and select the account opening 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 trading needs.
4. Set Trading Preferences: Specify trading preferences and leverage options.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required funds to activate the account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Desktop registration typically offers a more comprehensive view of account types and features.
• Mobile registration may have simplified steps for quick access.

Common Registration Issues and Solutions

• Issue: Document upload failures
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Generally, 1-3 business days for standard accounts.

How to Upgrade/Downgrade Account Types

• Contact customer support to request changes in account type.

Part 5: trustfx Demo Account Information

trustfx Demo Account Guide

• Demo Account Features and Benefits:

• Practice trading without financial risk

• Access to all trading instruments available in live accounts

• How to Open a Demo Account:

• Visit the trustfx website and select the demo account option.

• Fill in required personal information and preferences.

• Demo Account Limitations:

• Limited duration (typically 30 days)

• Virtual funds only, no real profits

• Virtual Balance Amount:

• Usually set at $10,000 virtual funds

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts involve real money.

• Demo accounts do not incur any trading fees.

• Duration/Expiry of Demo Accounts:

• Typically expires after 30 days unless extended.

Part 6: trustfx Islamic Account Details

trustfx Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Available for Standard and ECN accounts.

• Eligibility Requirements:

• Must be a practicing Muslim.

• Differences from Standard Accounts:

• No swap fees applied to overnight positions.

• How to Apply for Islamic Account:

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

• Restrictions or Special Conditions:

• Must comply with Islamic finance principles.

FAQs – trustfx Account Types & Opening

1. What account types does trustfx offer？

• Trustfx offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $300, ECN: $1,000, Pro: $5,000, Islamic: $500, Demo: Virtual funds.

1. How long does trustfx account verification take？

• Verification typically takes 1-3 business days.

1. Does trustfx offer demo accounts？

• Yes, trustfx offers demo accounts for practice trading.

1. Can I have multiple account types with trustfx？

• Yes, you can open multiple account types.

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

• Yes, Islamic accounts are available.

1. What documents do I need to open a trustfx 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 change your account type through customer support.