Opening an account at FirewoodFX is very easy and only requires two short steps: filling out the registration form and document verification.
If you want more complete and clear instructions, the following description will explain the details you can fill in to open an account at FirewoodFX successfully:
- Fill out the Registration Form.Visit the FirewoodFX registration page and fill in the available form.
- Choose the type of account you want to open. FirewoodFX has three types of accounts to choose from, namely:
- Micro Account ( initial minimum deposit 10 USD, maximum trade size 200 lots with spreads from 3 pips).
- Standard Account (minimum initial deposit 10 USD, maximum trade size 30 lots with spreads starting from 2 pip).
- Premium Account (minimum initial deposit 100 USD, maximum trade size 50 lots, and fixed spread of only 1 pip).
- After choosing the account type, you can choose the amount of leverage you want. FirewoodFX provides 1:100, 1:200, 1:400, 1:500, and 1:1000 options that you can choose from here. Using leverage that is too high can be dangerous, so it is recommended to choose a leverage of 1:100 or 1:200 only, although, of course, you are free to choose a higher leverage than that.
- Finally, leave the numbers listed on the IB as they are, and click the hyperlink on the sentence "I Have Read and Agree with the Terms and Conditions." Carefully read the terms and conditions that appear in the new window, and make sure you don't mind them. After that, return to the previous window, check the column next to the sentence earlier, then click "Opening an Account"
- If registration is successful, you will get a message from the broker.
- Check your email for your MT4 number, trading password, and PIN number. The MT4 number and PIN will later be used to access your client cabinet at FirewoodFX in order to verify, deposit, and withdraw, as well as check balances and other procedures.
Document Verification
Go to the "client cabinet" from the FirewoodFX homepage, then enter the MT4 number and PIN in the window that appears. After that, click the "Verify" menu, and upload the two documents in the location provided.
If you experience difficulties during registration or verification, live support, accessed from the FirewoodFX website's homepage, is ready to help you. After uploading the required documents, wait for confirmation of approval from FirewoodFX. After that, you can immediately deposit and trade forex with the FirewoodFX broker.