What Account Types and Fees Does RightFX Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and regular traders |
Requires a low minimum deposit, no commissions, and leverage up to 1:500 |
Suitable for those starting with trading |
| Pro Account |
Experienced traders |
Lower spreads compared to Standard Account, no commissions, and leverage up to 1:400 |
Ideal for traders who require tighter spreads |
| ECN Account |
Advanced traders |
Raw spreads with a commission structure, leverage up to 1:300 |
Requires a higher minimum deposit and is designed for professional trading |
Account Opening Process
To open an account with RightFX, follow these steps: First, visit the RightFX website and locate the account registration section. Next, complete the registration form by providing personal information, which typically includes your full name, email address, and phone number. Following this, you will need to submit identity verification documents, such as a government-issued ID and proof of address. After submitting the required information, you may review and agree to the terms and conditions. Once your account has been activated, you can start trading. Additionally, RightFX allows for the possibility of upgrading to a professional account in the future based on your trading activity and experience.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
1.4 |
$0 |
Standard Account |
| Forex (GBP/USD) |
0.9 |
$0 |
Pro Account |
| Forex (USD/JPY) |
1.4 |
$0 |
Standard Account |
| CFDs (Stocks) |
Varies |
$0 |
Commission-free for Standard and Pro Accounts |
| CFDs (Indices) |
Varies |
$0 |
Commission-free for Standard and Pro Accounts |
| CFDs (Commodities) |
Varies |
$0 |
Commission-free for Standard and Pro Accounts |
| Cryptocurrencies (BTC/USD) |
1.0% |
$0.1 |
Variable depending on market conditions |
Other Fees
RightFX does not impose fees on deposits or withdrawals, although payment provider fees may apply. Traders should be aware of potential inactivity fees if accounts remain dormant for an extended period. Additionally, overnight interest (swap rates) may be charged on positions held overnight. Currency conversion fees may also apply when trading in different currencies.
