How To Open An Account

To open a trading account with Forex FS you will need to first answer our online questionnaire. We will contact you within 2 business days to confirm your account opening details and explain the application process.

The minimum initial deposit is $500 for a Standard Account, $5,000 for a Professional or Copy Trader Account and $25,000 for an Individually Managed Account (IMA). The Copy Trader account will allow you to connect to one or more of our professional trading strategies whilst with the IMA Forex FS traders will work with you to create a trading strategy that suits your specific trading needs.

You can open an account in the following major currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD.

You can also trade gold and silver using the same trading account that you use for currency trading. 

You can deposit funds into your Forex FS trading account by making an online bank transfer, telegraphic transfer or by cheque to our National Australia Bank or Citibank Client Trust Accounts.

Alternatively, you can send funds using your credit card or other payment method with Skrills Moneybookers.

Open a Trading Account

Standard Account

• No commissions
• Minimum initial deposit of $500
• Competitive spreads for all major currencies
• Place Limit & Stop Orders 1 point from market
• Minimum lot size is 0.01 with steps of 0.01
• Leverage/ Margin starting at 100 to 1 or 1%
• Standard Account Spreads

Professional Account

• No commissions
• Minimum initial deposit of $5,000
• Spreads start from 2.0 pips on major currencies
• Place Limit & Stop Orders 1 point from market
• Minimum lot size is 0.1 with steps of 0.01
• Leverage/ Margin starting at 100 to 1 or 1%
• Professional Account Spreads

Copy Trader Account

• No commissions
• Minimum initial deposit of $5,000
• Spreads start from 5 pips on major currencies
• Leverage/ Margin starting at 100 to 1 or 1%
• How does it work?

Individually Managed Account (IMA)

• No commissions
• Minimum account balance of $25,000
• Spreads start from 5 pips on major currencies
• Leverage/ Margin starting at 100 to 1 or 1%
• How does it work?