- Details
- Accounts
There are many factors to consider when opening a CFD account. The safety of your funds and the broker’s competitiveness should always come first. Additionally, funding methods, the asset index, and available trading platforms are important considerations for all CFD traders.
CFDs Trading
CFD trading allows investors to speculate on the price direction of financial assets over the short term. CFDs are simple to use and especially popular for trading Forex, equities, and commodities.
Key tips when opening a CFD Account
(1) Safety of funds is a top priority
When trading online, the safety of your funds must be your number one concern. Before opening an account, ensure your CFD broker is regulated and based in a reputable country. Traders can often use live chat services on brokers’ websites to get their questions answered. Even brokers domiciled offshore should offer segregation between corporate and client funds.
- Details
- Accounts
COMPARE ONLINE FOREX ACCOUNTS
An online Forex account allows you to hold and trade currency pairs. When choosing a Forex broker, consider the following: (i) safety of your funds, (ii) deposit/withdrawal methods, (iii) trading costs, and (iv) range of available assets
|
BROKERAGE |
TRADING FEATURES |
TRADING PLATFORM |
FUNDING TERMS | WEBSITE |
|
□ RoboForex
Foundation: 2009
SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES |
Broker Type: ECN/STP
Auto-Trading: Yes
Scalping: Yes
Social Trading: Yes (CopyFx)
PAMM Accounts: No
Free VPS: Yes
|
■ MetaTrader-4 ■ MetaTrader-5 ■ RStocksTrader ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $10 ■ DEPOSIT METHODS Wire | Cards Neteller | Skrill AdvCash | PerfectMoney |
 |
|
□ TitanFx
Foundation: 2014 FSC of the Republic of Vanuatu SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: NO |
Broker Type: ECN/STP
|
■ MetaTrader-4 ■ MetaTrader-5 ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $200 ■ DEPOSIT METHODS Wire | Cards | Skrill Neteller | UnionPay |
|
|
□ FXDD
Foundation: 2002 US: No SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES |
Broker Type: ECN/STP
|
■ MetaTrader-4 ■ MetaTrader-5 ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $100 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller | UnionPay | Cryptocurrencies |
|
|
□ IC Markets
Foundation: 2007 FSA (Seychelles) SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES EUROPEAN TRADERS: NO |
Broker Type: CFD Provider
|
■ MetaTrader-4 ■ MetaTrader-5 ■ cTrader ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $200 ■ DEPOSIT METHODS Wire | Cards | Skrill Neteller | WebMoney |
|
|
□ FP Markets
Foundation: 2005 License No:
SEGREGATED CLIENT ACCOUNT: YES |
Broker Type: ECN/STP
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: Yes
Free VPS: Yes
|
■ MetaTrader-4 ■ MetaTrader-5 ■ Iress Trader |
■ Current Promotion:
■ Minimum Deposit: $100 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller FasaPay |
|
|
□ FBS
Foundation: 2009
SEGREGATED CLIENT ACCOUNT: YES |
Broker Type: ECN/STP
Leverage: 30:1 to 1000:1
|
■ MetaTrader-4 ■ MetaTrader-5 |
■ Current Promotion:
■ Minimum Deposit: -$1 (Cent Account) -$500 (Standard Account) ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller WebMoney +and more |
|
|
□ AXI
Foundation: 2007 SEGREGATED CLIENT ACCOUNT: YES |
Broker Type: ECN/STP
Leverage: 30:1
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: Yes
Free VPS: Yes
|
■ MetaTrader-4 & MetaTrader Web |
■ Current Promotion:
■ Minimum Deposit: $20 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller BPay |
|
Starting an Online Forex Account
To start trading, you typically need to follow these steps:
-
Register an account, and verify your email and mobile phone
-
Upload identity documents
-
Deposit funds
For verification, you’ll need:
(a) Proof of ID (passport, national ID, etc.)
(b) Proof of address (a utility bill in your name)
(c) If using a credit/debit card, a copy of both sides of the card
- Details
- Accounts
What Is a Managed Account?
A managed account is a fully segregated brokerage account, individually owned by an investor but managed by a professional money manager on the investor’s behalf. Money managers can access the account only to open, modify, or close trading positions. Managed accounts offer everyday investors the opportunity to have their funds managed by professionals while maintaining full control over their capital, along with high levels of safety and transparency.
Major Types of Managed Accounts
Money managers trade across investor accounts via a large master account. This structure typically follows one of four models: PAMM, MAM, LAMM, or Pooled Accounts.
(i) PAMM (Percent Allocation Management Module)
PAMM accounts allow investors to allocate a percentage of their capital to mirror a master account. Gains, losses, and fees are distributed equally by percentage, regardless of account size. Investors can follow multiple money managers in a single account. Minimum deposits typically start at $500.
(ii) LAMM (Lot Allocation Management Module)
LAMM accounts enable money managers to allocate different trade sizes (lots) and apply distinct leverage levels for each investor. This model is designed to reduce the risk for large investors by avoiding excess capital exposure in a single account.
(iii) MAM (Multi-Account Manager)
MAM accounts combine features of both PAMM and LAMM, offering greater flexibility. Investors can set custom parameters for order execution and even modify MAM trades independently. Minimum deposits typically start at $500.
(iv) Pooled Accounts
In pooled accounts, multiple investors combine their capital into a single fund and share profits, losses, and fees. The minimum deposit is usually around $2,000. Withdrawals are restricted for a minimum period and may incur penalties for early access.
