Remember your first live trade? You studied charts, double-checked everything, heart pounding, and then clicked buy. It was thrilling and terrifying.
But imagine if you had the wrong account type holding you back? Since you are trading with a brokerage, choosing the right FNmarkets account matters.
It’s not just about trading. It’s about trading with the setup that matches your level, goals, and risk style. With FNmarkets, you get three types of accounts: Standard, Raw, and Islamic. You can start with a minimum deposit of $50, where the leverage is up to 1:500. This feature means you can start with a smaller investment but control bigger capital.
Today, we will be breaking down the FNmarkets account types and talking about the pros and cons of these accounts so you know which account to choose to trade better. We have also differentiated three accounts and helped you to choose which is best for you.
Let's dive in.
Standard Account
Who’s it for
This program is designed for both new and general traders.
Key features
- Execution Type STP
- No Commission
- Spreads from 0.8 pips
- Leverage Up to 1:500
- Minimum Deposit $50
- Suffix in MTS .std
Description
For those who want a clean and no-fuss trading experience, the Standard Account is perfect for them. Have you started CFD trading recently? Or maybe you're someone who enjoys trading without the pressure of high fees; this account is simply to serve your simple trading needs.
Trade in a cost-effective way with zero commissions and competitive spreads. You only pay through the spread. There will be no surprise charges.
Also, get into the market confidently with just a $50 deposit. Isn’t it easy to begin even with a small budget? Plus, with a maximum leverage of 1:500, you can get control over bigger positions with less capital. Profit will be big, so be careful about the potential losses and create your trading strategy accordingly.
Need more benefits? Enjoy hedging and a fair stop-out level to protect your loss or make more profit.
After all these, anytime you need support from a real person, not a bot, of course, FNmarkets' 24/7 human support will be right there for you.
So, enjoy a better trading experience in the brokerage industry with the Standard Account if you are a new or general trader looking for a solid, user-friendly trading setup.
Raw Account
Who’s it for
This account is intended for scalpers & pro traders.
Key features
- Execution Type STP
- Commission $7
- Spreads from 0.0 pips (raw spread)
- Leverage Up to 1:500
- Minimum Deposit $50
Description
If you’re a scalper, day trader, or just someone who lives for precision, the Raw Account is your playground.
Enjoy spreads from 0.0 pips and fixed commissions. So you always know what you’re paying. With tight spreads and direct market access, your trades go straight through with lightning-fast execution. Thanks to STP (Straight Through Processing).
Whether you’re chasing small price moves or trading on high-volatility news, this account’s made for speed.
You also get the freedom to hedge, news trade, and use leverage up to 1:500 for maximum flexibility.
It’s all about control, transparency, and performance. This account is designed for pro-level traders who want real-market pricing and razor-sharp conditions.
Islamic Account
Who’s it for
For Shariah-compliant traders.
Key features
- No Commission
- Execution Type STP
- Spreads from 0.8 pips
- Leverage Up to 1:500
- Minimum Deposit $50
- Swap Charges
- Suffix in MTS .i
Description
Need an ethical way to access the global market? Trade with FNmarkets Islamic Account, as we have designed this account with Shariah compliance. This account is 100% swap-free. So you will never be charged or earn interest on overnight positions. Stick to your beliefs, and also learn how to trade effectively.
Still, you get STR execution. This means your orders go straight to the market without dealing desk interference. It is fast, clean, and fair.
With spreads starting from 0.8 pips, your costs stay low, giving you more room to profit. Get the advantage of maximum leverage up to 1:500. You can have control of larger positions with a smaller investment. This gives you more flexibility in your trades.
There’s no commission, so what you earn is truly yours. And with a minimum deposit of just $50, it’s simple and affordable to get started. All trades on this account are marked with a “.i” suffix in MT5, keeping things transparent and easy to track.
So, without compromising on your values, you can trade with FNmarkets.
Account Types Comparison Table
FNmarkets has three account types, so traders can choose the one that suits their trading needs and specific features. If you are a new or experienced trader or need a Shariah-compliant account type, choose accordingly.
How to Choose the Right One for You
Thus far, we have detailed and shown you each feature and benefit of FNmarkets' account types. So, you'll know what facilities and requirements you'll get before trading. But have you selected the right account for you yet? If not, then check these points to choose the right one for you.
Trading Style Fit
Different traders have different trading styles, and considering them, FNmarkets has three different account types. You need to figure out your trading style and, based on the criteria, find the right one for you.
Here are some points that will help you.
Go for the Standard Account if:
- You're a beginner just starting out.
- You want a simple, no-commission setup.
- You prefer predictable costs through spreads.
- You don’t plan to trade too frequently.
Choose the Raw Account if:
- You’re an experienced or high-volume trader.
- You want the lowest spreads possible.
- You don’t mind paying a commission per trade.
- You rely on fast execution and tight pricing (scalping or day trading).
Pick the Islamic Account if:
- You follow Islamic finance principles.
- You want swap-free trading with no overnight interest.
- You prefer ethical trading aligned with Shariah law.
- You want access to the same trading features without Riba (interest).
Check the Fees
You do not have to cut your profits with several hidden fees from your broker. That is why you should check first and talk with the broker if there are any fees and charges, such as,
- Spreads
- Commission fees
- Swap charge
- Deposit & withdrawal fees
- Inactivity fees
With FNmarkets, there is no deposit, withdrawal, or inactivity fee. So it is super beneficial for beginners or those with a very limited initial investment. There are also no commission fees for Standard and Islamic account types. We have already discussed the fees; it would be beneficial for you to quickly visit fnmarketsglobal.com and explore the account types.
Assets & Markets
You are also required to decide which assets and instruments you want to trade. It's best advised to trade in a market you know well so you can make better trading predictions.
FNmarkets offers CFD trading with these assets.
- Forex
- Crypto
- Stocks
- Commodities
How to Open an FNmarkets Trading Account
Here are 8 simple steps on how you can open an FNmarkets account.
Step 1: Sign up for an FNmarkets account
Go to fnmarketsglobal.com and click Register at the top.
On the next page, click Sign Up to complete the registration form.
Step 2: Complete KYC
After logging in, click on "Complete Your Profile" and complete the KYC.
Step 3: Create a live trading account
Go to Account Summary and select Create Live Account. Then, select the currency and account type and click Create Account. You’ll see your new account listed and receive an email with your login credentials.
Step 4: Download the MT5 platform
In the portal, click Download Platform. Leave this tab open while the download completes.
Step 5: Install MT5 on your device
Locate and run the downloaded setup.exe file. Click Next through the installer’s prompts, accept the license agreement, then click Finish when installation completes. MT5 will launch automatically.
Step 6: Select the FNmarkets server
In the MT5 Login dialog, ensure FNmarkets-Live appears in the Server list, then click Next.
Step 7: Enter your login credentials
In the "Connect with an existing trade account" section, type the Login and Password from the email you received, then click Next. MT5 will authenticate and load your charts.
Step 8: Confirm connection and begin trading
Once connected, the terminal window will display your account number, balance, and open charts. You’re now ready to place orders.
Congratulations! You’ve successfully logged in to MT5. If you encounter any issues, please reach out to our support team.
Conclusion
Choosing the right brokerage account may seem easy, but you need to be cautious about considering the features, spreads, leverage, fees, and all. Also, if you have some Shariah beliefs, this is another important factor to consider.
This is why today we have shown you detailed information about the three types of FNmarkets accounts: Standard, Raw, and Islamic.
A standard account with competitive spreads and zero commission is mostly suitable for beginner traders. The Raw account is ideal for scalping, and the Islamic account is for those who follow Shariah compliance.
So, which will you choose? The choice depends on your trading style, your requirements, and your beliefs. Choose wisely.
FAQ
What is the main difference between the Standard and Raw accounts?
The Standard Account has no commission but slightly higher spreads, while the Raw Account offers tighter spreads starting from 0.0 pips with a fixed commission per trade. Raw is ideal for pro traders and scalpers, while Standard suits beginners.
Is the Islamic Account only for Muslim traders?
No. While it’s designed for Shariah-compliant trading, anyone who prefers swap-free trading with no overnight interest charges can open an Islamic Account.
Can I switch account types later?
Yes, you can request to open a different account type later. Just contact FNmarkets support, and they’ll guide you through the process.
Is leverage the same across all account types?
Yes, all FNmarkets accounts offer leverage up to 1:500, but always use it wisely, as higher leverage also increases risk.
What is STP execution, and why does it matter?
STP (Straight Through Processing) enables direct market execution of your orders, eliminating the need for a dealing desk. This approach ensures faster execution and more transparent pricing, especially useful for active traders.
