Trading Account Types

No. Even if your account balance is zero, your real account will still work.

1. Opening a Trading Account:
- Go to this website: https://fxt-chn.org/en/trading-platform/?action=forexSignup
- Fill in your First Name, Last Name, Email, Phone Number (choose the right country code), and Password.
- Check the box that says, "I accept the Terms and Conditions and confirm that I am over 18 years old."
- Click the "Submit" button.

2. Updating Personal Details:
- In the Client Portal, click on the button with your name.
- Choose "Personal Details."
- Add more info like your Date of Birth, Country, City, Address, Account Type, Nationality, and Postal Code.
- Click "Next step."

3. Selecting Options:
- Indicate if you're a U.S. citizen/resident.
- Mention if you're a politically exposed person.
- Choose your gender.

4. Uploading Proof of Identity:
- In the Client Portal, click your name again.
- Click "Verification Center."
- Upload your Proof of Identity.
- If your ID is double-sided, say "Yes" before uploading the reverse side.

5. Uploading Proof of Residence:
- Follow the same steps to upload your Proof of Residence.

6. Confirmation of Upload:
- If you see "Thanks for uploading the doc. Our team will review it soon," you've successfully uploaded the file.

7. Account Review and Approval:
- The Client Onboarding, KYC, and Compliance teams will review your application within one working day.
- If you have questions, reach out to customer support via service@fxtrading.com, Livechat, or an international call.

Once your online account application has been completed and approved, you will receive an email notifying the account is open, along with your account number, password and instructions on how to access the account.

A forex swap is the interest rate differential between the two currencies of the pair you are trading, and it is calculated according to whether your position is long or short. The swap charge is applied should you hold the position at the daily rollover point, which is 00:00 server time and known in forex trading as 'tomorrow next' or 'tom next.'

You cannot change your account type while you have open positions. However, once all of your positions have been closed, you can apply to change your account type. To do that, please contact our customer service team or your account manager directly.

When opening your live account, you can choose from the below eight base currency types: USD, AUD, GBP, EUR, CAD, SGD, NZD, and HKD. Tips: Please consider the exchange rate while choosing your live account base currency.

You can open a trading account instantly by uploading correct proof documents and passing the EV check. Please see for more information about the EV check. Otherwise, you will receive an email from our accounts team, within 24 hours, for more documentation.

Typically, users need to provide Proof of Identify (PoI) and a recent Proof of Address (PoA) to pass our account opening process requirements.

Our requirements for identity verification includes:
1. Proof of Identity. Here, you may provide a National Identification Card, Passport, Driver’s License, or other government-issued identification document containing the following information:

Identification document number
Full name
Date of birth
Date of expiry
2.Proof of Address. This could be any letter recently received at home from a formal institution, displaying your full name and address. It could be:

a utility Bill, Phone Bill, Bank Statement, Internet Bill, Rental Agreement etc. (within the last three months).
a valid Photo ID with the address
When providing proof of address, it should be a full document format, clearly displaying the name and address (PO Boxes not accepted).

For Australian clients, beyond the documents required, you will also be invited to participate in a quick online questionnaire to test your basic trading knowledge.