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The Different Types Of Fxtm Accounts

Fxtm is one of the leading online forex brokers in the world, offering traders access to a variety of financial instruments and multiple account types. 

Fxtm has a range of accounts to suit all types of traders, from beginners to experienced professionals. You can know more about Fxtm Accounts from this review site – https://forexbrokerscheck.com/fxtm-review-2023/.

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Standard Account: 

The Standard Account is the most basic account type offered by Fxtm. This account type has a minimum deposit of $100 and no commission fees.

It offers tight spreads and access to a range of trading instruments, such as currency pairs, commodities, indices and stocks. This account type also provides access to the MT4 and MT5 trading platforms.

Cent Account: 

The Cent Account is designed for beginner traders who want to practice their trading skills. This account type has a minimum deposit of $10 and offers no commission fees. 

It offers access to the same range of trading instruments as the Standard Account, but the spreads are wider. This account type also provides access to the MT4 and MT5 trading platforms.

ECN Account: 

The ECN Account is designed for experienced traders who want access to the best execution prices. This account type has a minimum deposit of $500 and a commission fee of $4.50 per lot. 

It offers access to a wide range of trading instruments, including currency pairs, commodities, indices and stocks. 

ECN Zero Account: 

The ECN Zero Account is designed for experienced traders who want access to the best execution prices, but without paying a commission fee. 

This account type has a minimum deposit of $500 and no commission fees. It offers access to the same range of trading instruments as the ECN Account, but the spreads are wider.