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FXORO accounts and how they score
Account range and entry terms feed the rating. Here are FXORO's accounts and the facts the score is built on.
Facts last checked . Read the full FXORO review.
Accounts
- Minimum deposit
- $100
- Account types
- Fixed, Floating, ECN, Islamic/Swap-Free, Professional, Demo
- Account currencies
- USD, EUR, GBP
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes when accounts were available
What this means
FXORO runs 6 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, GBP. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about FXORO accounts
What account types does FXORO offer?
FXORO offers 6 account types: Fixed, Floating, ECN, Islamic/Swap-Free, Professional, Demo.
What is the minimum deposit at FXORO?
The minimum deposit at FXORO is $100. It can differ by account type and by the entity you register with.
Does FXORO offer an Islamic account?
Yes. FXORO offers a swap-free account for clients who need one.
Accounts at brokers under the same regulator
- IC Markets accounts also licensed by CySEC
- Eightcap accounts also licensed by CySEC
- XM accounts also licensed by CySEC
- FxPro accounts also licensed by CySEC
- Markets.com accounts also licensed by CySEC