What Account Types and Fees Does FxPlayer Offer?
| Account Type |
Target User Group |
Key Characteristics |
Applicability Notes |
| Micro Account |
Beginners |
Low minimum deposit, suitable for small-capital practice |
Minimum deposit of $50 |
| Mini Account |
New traders |
Low spreads, accessible for novice investors |
Minimum deposit of $500 |
| Normal Account |
Intermediate traders |
Higher leverage, better trading conditions |
Minimum deposit of $5,000 |
| Pro Account |
Experienced traders |
Competitive commission rates, advanced trading features |
Minimum deposit of $20,000 |
| Institutional Account |
Corporate clients |
Customizable services, high trading volumes |
Minimum deposit of $100,000 |
| Flex Account |
All traders |
Flexible trading options, competitive fees |
Minimum deposit of $10,000 |
Account Opening Process
To open an account with FxPlayer, follow these steps: First, visit the FxPlayer website and click on the “Trade Now!” button. You will be directed to the account registration page where you need to fill in your personal information, including your name, email address, phone number, and country of residence. After that, select the account type that best suits your trading preferences and investment goals. You will then need to read and accept the terms and conditions before submitting your application. Following submission, identity verification will be required, which includes providing an ID and proof of address. Once the verification process is completed, you will receive confirmation of your account opening along with your login credentials. Additionally, there is flexibility to upgrade to a professional account later if needed.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.4 |
$0.06 per micro lot |
Competitive spreads for major pairs |
| Forex (USD/JPY) |
0.3 |
$0.06 per micro lot |
Competitive spreads for major pairs |
| Forex (GBP/USD) |
0.5 |
$0.06 per micro lot |
Competitive spreads for major pairs |
| CFDs (Commodities) |
Varies |
Varies |
Dependent on market conditions |
| CFDs (Indices) |
Varies |
Varies |
Dependent on market conditions |
| Cryptocurrencies (BTC/USD) |
Varies |
Varies |
Dependent on market conditions |
Other Fees
FxPlayer may impose various fees, including deposit and withdrawal fees, inactivity fees, and any applicable platform usage fees. Additionally, overnight interest (swap rates) may apply to positions held overnight, and currency conversion fees could occur when trading in different currencies.
