Auron FX is an independent guide, not a broker. The buttons to brokers on this page are partner links: if you register through them we may receive a payment from the broker, at no extra cost to you. It does not change what we write about risks and limits.
The short version
You need an email address, a phone number, an identity document and a proof of address. The registration form itself is short. What decides whether your experience is good or bad is what you choose before and after the form: the legal entity, the account type, the leverage and your security settings. Forex and CFDs are leveraged products, and a large share of retail accounts lose money, so treat the first weeks as learning, not earning.
Before you register: country, broker and legal entity
Do these three checks first. They take ten minutes and prevent most of the problems readers write to us about.
- Is trading allowed for you? Rules differ by country and change over time. Check your national regulator or central bank, and read our note on is forex legal in your country. Some brokers do not accept residents of certain countries, for example the United States for many offshore firms. The broker country list is on its own site.
- Which company will actually hold your account? Large brokers are groups. A client in Europe, one in South Africa and one in Asia may be served by different companies with different licences and different protections. In the registration form or the client agreement, find the exact company name and then look it up in the regulator register. Our broker reviews state, where we could verify it, which entity serves which region.
- Is the website the real one? Type the address yourself or use a link from a source you trust. Fake sites copy real brokers closely. Our guide to forex scams shows the usual red flags.
Regulation does not protect you from trading losses, and many brokers serve clients in your region through an offshore entity with lighter oversight. That is not automatically a reason to avoid a broker, but you should know it and weigh it. For a full method see how to choose a forex broker.
Open a demo account first
A demo account uses virtual money and live prices. It is free and usually needs only an email address. Use it for at least a couple of weeks to learn how to place an order, set a stop-loss, read your margin level and see how a spread affects your first minute in a trade. A demo does not show every real-world effect, such as nerves and slippage in fast markets, but it removes the beginner mistakes that cost real money. More in how to use a demo account.
Open a free Exness demo or live account
Step-by-step: how the registration works at most brokers
Each broker words its screens differently, but the order is almost always the same. Our broker-specific walkthroughs are listed in the table below.
- Open the registration page on the official website. Choose your country of residence carefully, because it decides which legal entity and which payment methods you are offered.
- Enter your email and a password. Use a password that you use nowhere else, ideally from a password manager. Leave optional fields you do not understand empty.
- Confirm email and phone. You will get a link or a one-time code. Without it the account stays limited.
- Complete the personal profile: full name and date of birth exactly as on your passport or ID, address, and usually a short questionnaire about your experience, income and trading goals. Answer honestly. The questionnaire exists so the broker can warn you if the product is unsuitable.
- Open a trading account inside the client area (often called Personal Area or Members Area). Choose the account type, platform, currency and leverage described below.
- Upload verification documents (KYC). Some brokers let you trade a small amount before verification; most require it before withdrawals.
- Download the platform or use the web terminal and log in with the account number, password and the exact server name the broker shows you.
KYC: documents and how to avoid rejection
KYC means "know your customer". Brokers must check who you are to fight fraud and money laundering. You normally need two documents.
| Document | Usually accepted | Common reason for rejection |
|---|---|---|
| Proof of identity | Passport, national ID card or driving licence | Blurry photo, cut corners, expired document, name that differs from the profile |
| Proof of address | Recent utility bill, bank statement or official letter, often dated within the last three months | Old date, no full name or address visible, screenshot instead of the original file |
Photograph documents on a flat surface in daylight, with all four corners visible. Enter your name exactly as on the document, including the order of the names. If your address is in a language the broker does not read, ask support in advance what translation they accept. Review times differ from minutes to a few working days. Do not send documents by email or chat to anyone who is not the verified support channel inside your client area.
Choosing an account type
Most brokers offer two families of accounts. Names differ, but the logic is the same.
- Commission-free (standard type): the cost is built into a wider spread. Simple to understand, so it is the usual starting point for beginners.
- Raw-spread or ECN type: a tighter spread plus a separate commission per lot. It can be cheaper for frequent traders, but it is harder to compare costs.
- Cent or micro accounts: offered by some brokers so you can practise with real money in very small sizes. Check the exact terms in your own account.
Compare real costs with our guide to spread, commission and swap. If you cannot say how much a trade costs you before pressing the button, pick the simplest account.
Leverage, platform and currency
Leverage lets you open positions larger than your deposit. It multiplies losses as much as gains. Some brokers allow very high levels; a beginner is usually safer far below the maximum, and often the sensible choice is the lowest leverage that still allows your planned position size. Read lots, pips and leverage before deciding.
Platform: MetaTrader 4 is older and simple, MetaTrader 5 has more instruments and tools, and several brokers add their own web terminal or app. Differences are covered in MT4 vs MT5.
Account currency: pick the currency you deposit in, when possible. Converting at the broker and again at your bank can cost more than the spread.
Security settings to switch on the same day
- Two-step verification (authenticator app preferred over SMS) on the client area.
- A separate trading password, different from the cabinet password, and never reused.
- Your real phone number and email, so you can recover access. Many scams begin with a fake "support" message after an account is hijacked.
- A habit: the broker will never ask for your passwords in chat, and a "manager" has no reason to ask you to pay to a private card.
Six brokers we cover: registration guides compared
This table collects only facts already stated in our reviews. Minimums and payment methods can differ by country, account type and method, so always confirm them in your own cashier. "Who it may suit" is a general orientation, not advice.
| Broker | Guides | Minimum deposit and notable facts | Who it may suit |
|---|---|---|---|
| Exness | Registration guide Review | Minimum depends on account type and payment method, shown in the cashier. MT4, MT5, a web terminal and an app. Offshore entities for many countries. | Readers who want a choice of Standard and professional-type accounts and a web terminal. |
| XM | Registration guide Review | Third-party sources report about $5, to be confirmed in the cashier. MT4, MT5, an app, a Micro account. Many clients served by an offshore entity. | Beginners who want a small first deposit and a long-established brand. |
| FBS | Registration guide Review | From $5 per the official site; some account types need more. Standard from 0.7 pips with no commission (official "from" figures). Offshore entity; listed on the Reserve Bank of India Alert List. | People who want a very low entry point and a Cent account for tiny real-money practice, who are not residents of India. |
| RoboForex | Registration guide Review | Reviews report about $10 on common accounts; exact amount per method in the cashier. Own terminals and apps, CopyFX copy trading. Offshore Belize entity. | Readers who want cent accounts or raw-spread options and their own apps. |
| AMarkets | Registration guide Review | From $100 (Standard) and $200 (ECN, Zero). Standard from 1.3 pips, ECN from 0.2, Zero from 0. Negative balance protection stated on all three types. | Those who prefer three clearly separated account types and can start with a larger deposit. |
| Weltrade | Registration guide Review | $1 on Micro, Cent, Raw and SyntX; $10 Pro; $25 Premium. Weltrade SA is FSCA-regulated in South Africa; Weltrade Ltd is a Saint Lucia IBC without a named financial regulator. | Readers who want the lowest listed entry level and a website in several languages. |
Not sure which fits? Our AI broker-matching assistant asks a few questions about your country, budget and experience and points you to the reviews that fit. It is a starting point, not a recommendation to trade. Our free PDF, Trading for profit: the honest guide, explains the risks in plain language before you put in any money.
Common problems when opening an account
| Problem | Likely cause | Fix |
|---|---|---|
| No confirmation email | Spam folder, typo in address | Check spam, resend from the client area, or correct the email via support |
| Documents rejected | Blurry, cropped, expired or mismatched name | Re-upload a clear full-page photo; match the profile name to the document |
| Country or method not available | Your entity does not offer it | Check the cashier for your country; do not use workarounds or a false address |
| Cannot log in to MetaTrader | Wrong server name or demo/real mix-up | Copy the server from the client area exactly |
| Unexpected "manager" contacts you | Data leak or scam | Ignore; contact only the official support inside the client area |
What to do after the account is open
- Trade on the demo for a few weeks with a written trading plan.
- Read the risk management guide and decide the maximum you will risk per trade.
- Read how to deposit to a forex broker before you send any money.
Go to the Exness registration page
Risk warning: CFDs and forex are complex, leveraged instruments. You can lose all the money you deposit. This page is educational and is not investment advice.