What Account Types and Fees Does 18FX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low spreads starting at 0.3 pips, user-friendly interface |
Ideal for small-capital practice, no minimum trading volume |
| Professional Account |
Experienced traders |
Higher leverage options, access to advanced trading tools |
Requires verification of trading experience and financial knowledge |
| Corporate Account |
Corporate clients and institutions |
Custom trading solutions, dedicated account management |
Requires corporate documentation and higher minimum deposits |
| Islamic Account |
Traders requiring swap-free options |
Compliant with Sharia law, no overnight interest |
Available upon request, subject to eligibility verification |
| Demo Account |
All trader levels for practice |
Risk-free trading environment, full access to trading features |
Great for practicing strategies without financial risk |
Account Opening Process
To open an account with 18FX, follow these straightforward steps:
1. Complete the registration form by providing personal information, including your name, email, and phone number.
2. Submit your employment details and financial background to assess your trading experience.
3. Verify your identity by providing necessary documents such as a government-issued ID and proof of address (utility bill or bank statement).
4. Once verified, you can fund your account and start trading. 18FX offers flexibility to upgrade to a professional account later if you meet the requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.3 |
$1 per lot |
Competitive spreads for major currency pairs |
| CFDs (Gold) |
0.5 |
$1 per lot |
Varies based on market conditions |
| CFDs (Oil) |
0.7 |
$1 per lot |
Pricing may fluctuate with market volatility |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market fluctuations |
Other Fees
While trading with 18FX, consider the following additional fees that may apply:
– Deposit/withdrawal fees may vary based on the payment method chosen.
– Inactivity fees are charged if the account remains dormant for an extended period.
– No platform usage fees for the MetaTrader 5 platform.
– Overnight interest (swap rates) will apply, depending on the position held and market conditions.
– Currency conversion fees may apply if trading in different currencies.
