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| The application process, on average, takes 10 minutes to complete. |
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| What information do I need? |
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To complete the application, you will need:
- Social Security number
(if applicable)
- Employment information
(including address)
- Banking Information
(if you qualify and wish to use electronic funding) |
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| What the difference between a Mini and Standard Account? |
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| A mini account is ideal for traders new to the Forex market, with a minimum deposit size of $250 and smaller trade sizes (10,000) higher leverage (200:1). A standard account is for those investors who are comfortable trading the Forex market. The minimum account balance for a standard account is $2,500, contract size of 100,000 and maximum leverage of 100:1. |
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| Joint Tenants with Rights of Survivorship (JTWROS) |
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| The most common type of joint tenancy, this account can have two or more owners with each owner having an undivided interest in the entire property. Upon the death of one account owner, the other retains the right to the entire account. |
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| A type of joint tenancy, where two or more people own property together with each person owning a specified percentage of the property. Upon the death of one of the account owners, that person's estate holds the right to their percentage of the account. Non-resident aliens are not eligible for this account type. |
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| Where can I find additional account types? |
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| FOREX.com offers many different account types, but not all are offered online. Please click here for the full list of account types we offer. |
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| What is the difference between fractional and fixed spreads? |
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