Free Forex Demo Account and FreeFX Account Types & Fees Guide

What Account Options Does FreeFX Provide?

FreeFX offers traders a clear choice between two account types: Standard Account and Pro Account. Both accounts are designed with flexibility, no minimum deposit, and high leverage of up to 1:1000. The Standard account uses a spread-only pricing model, making it simple for new traders to calculate costs. Meanwhile, the Pro account offers raw spreads as low as zero with a commission-based model, which suits experienced traders seeking tighter pricing.

Each account grants access to the same wide range of instruments, including 40+ forex pairs, gold, silver, and oil markets, alongside swap-free options for Islamic traders. To support risk-free practice, FreeFX also provides a free forex demo account that mirrors live conditions. This combination of live and demo trading helps both beginners and advanced traders build strategies with transparency and ease.

What Are the Differences between FreeFX Accounts?

The Standard and Pro accounts serve different trading styles. The Standard account simplifies cost structure by charging only variable spreads starting from 0.7 pips, while the Pro account reduces spreads to nearly zero but applies commissions of $30 per million traded. Both accounts allow mobile trading, market execution, and leverage scaling according to balance.

How Much Do Spreads and Commissions Cost at FreeFX?

FreeFX fees depend on the account type chosen. Standard accounts come with variable spreads starting at 0.7 pips and charge no commission. Pro accounts offer raw spreads starting at 0.0 pips but apply a fixed commission of $6 per 100,000 round turn. Commissions vary slightly depending on the currency pairs base denomination, which traders should account for when calculating costs.

FAQs about FreeFX Account Type and Fees

Q1: Does FreeFX offer a free forex demo account?

Yes, FreeFX provides a demo account that allows traders to test strategies and platforms in real market conditions without risking real money.

Q2: What is the minimum deposit required for FreeFX accounts?

Both Standard and Pro accounts require no minimum deposit, offering flexibility for traders at any level.

Q3: Are Islamic swap-free accounts available?

Yes, both Standard and Pro accounts support swap-free options for clients who follow Islamic finance principles.

⚠️ Regulation & Risk Disclaimer

FreeFX currently operates with no regulations. Trading with unregulated brokers carries significant risk, including lack of investor protection, potential fund insecurity, and absence of external dispute resolution. Leverage up to 1:1000 can amplify both gains and losses, making trading highly risky. We strongly advise traders to carefully evaluate these risks, practice first with a free forex demo account, and only invest funds they can afford to lose.