FX Arena Account Types

FX Arena was founded in 2012 and has offices in the British Virgin Islands and Russian Federation.

Choose your quick section of our FX Arena Account Types below.

FX Arena Account Types Revealed:

• ✔️FX Arena at a glance
• ✔️Overview
• ✔️Account Types
• Account Features
• Islamic Account
• Demo Account
• Islamic Account
• Pros and Cons

FX Arena attempts to combine online gaming with Forex trading, in which forex traders who join the Arena could compete in any demo trading contest hosted by the company, with withdrawable prizes.

Overview

FX Arena was founded in 2012 and has offices in the British Virgin Islands and Russian Federation.

FX Arena seeks to position itself globally as the pioneer of online forex contests. Prior to its establishment, the arena existed as special trading contest arena for XM forex broker clients but now FX Arena has made these tournaments available for any trader to participate.

FX Arena attempts to combine online gaming with Forex trading, in which forex traders who join the Arena could compete in any demo trading contest hosted by the company, with withdrawable prizes.

There is hardly any information on the company behind FX Arena and as forex broker. This is quite disturbing, as it provides absolutely no security for traders’ funds. It seems that FX Arena does not provide regular trading but instead, is a platform where traders match against one another in different contest formats.

FX Arena claims to be a leading cryptocurrency and forex investment and trading company based out of UK that specializes in short-medium term positions in large-cap cryptocurrencies and major forex markets.

The broker further claims to have over 20 years of experience in trading, with trading and investment specialists that make sure that they put traders’ money at the right place and at the right time because they have huge exposure to top financial and banking institutions, working towards implementing most effective and advanced trading technology for clients.

To enter any of the contests offered by FX Arena, traders must open an account with the broker and purchase a ticket for the tournament.

FX Arena Limited is an active company incorporated on 19 July 2025 with the registered office located in London, Greater London.

FX Arena is not properly regulated by any reputable authority. A worrying fact is that there is no information on the company behind FX Arena since it provides absolutely no security for traders’ funds.

Account Types

It is not clear what accounts FX Arena offers. It seems that the broker either offers only one standard type of account, although the following several types of accounts, with their features, are also mentioned: STP Forex Cent Account, Forex Standard Account, DMA Standard NDD Account and DMA Pro STP Account.

Account Features

STP Forex Cent Account

A minimum deposit of $1 can open an account and the minimum position size is 0.0001 lot. Spread type is variable and the typical spread on EUR/USD is 1 pip, with the minimum spread on the pair 0 pips.

Forex (28 currency pairs) can be traded at a maximum leverage of 1:500 on MetaTrader 4. Stop-out level is 10% and the minimum distance to stop/limit orders, 5 pips.

Forex Standard Account

The minimum account size is $10

The minimum position size is 0.1 lot

Spread type: Fixed, with the spread on EUR/USD 2 pips

Trading instruments available: Forex, at maximum leverage of 1:500

Trading platforms provided: MetaTrader 4 and MetaTrader 5

Stop-out level is 10%

Minimum distance to stop/limit orders is 5 pips

Number of currency pairs available to trade: 28

DMA Standard NDD Account

The minimum account size is $1 000

The minimum position size is 0.1 lot

Spread type is variable, with typical spread on EUR/USD 1 pip

Minimum spread on EUR/USD is 0 pip

Trading instruments available: Forex at maximum leverage of 1:500

Trading platform: MetaTrader 4 and MetaTrader 5

Digits after dot: 4 or 5

Stop-out level is 20%, with minimum distance to stop/limit orders: 5 pips

Number of currency pairs available to trade: 63

DMA Pro STP Account

The minimum account size is $5 000

The minimum position size is 0.01 lot

Spread type: Variable, with typical spread on EUR/USD, pips 1 and minimum spread on EUR/USD, pips 0

Commission (one-way) per 1 std. lot is $7.50

Trading instruments available: Forex at leverage 1:100

Trading platform: MetaTrader 4 and MetaTrader 5

Digits after dot: 4 or 5

Stop-out level: 40%

Number of currency pairs available to trade: 63

Islamic Account

FX Arena does not offer traders who follow the Sharia law the option of an Islamic Account.

Often an Islamic account is provided as an option where traders can convert their live trading account to an Islamic Account, or in other cases it is a standalone account with a separate application procedure.

Demo Account

FX Arena offers traders the option to open a demo or practice account which can be utilised in several ways, including the following:

A practice account for beginner traders who wish to hone their trading skills and gain experience in a risk-free environment using virtual funds.

Traders who want to evaluate and compare brokers and would like to explore FX Arena’s trading conditions in a risk-free environment.

Traders who want to test their trading strategies in an imitated live trading environment without risking their own capital.

Islamic Account

The purpose of an Islamic Account is that it caters explicitly for Muslim traders who follow the strict rules of Sharia law. These rules prevent followers from paying any type of interest, such as overnight fees, which is seen as exploitive or wasteful.

Overnight fees are charged when traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should traders hold positions open for longer.

Brokers offers an Islamic Account only to Muslim traders who follow the Sharia law. Traders must, however, take note that there are certain features indicated on the Islamic account which may differ vastly from the other individual account types, such as minimum deposits, spreads and more.

Pros and Cons

You might also like: FX Arena Review

You might also like: FX Arena Demo Account – Step by Step

You might also like: FX Arena Fees and Spreads

You might also like: FX Arena Minimum Deposit

You might also like: FX Arena Sign up Bonus

Frequently Asked Questions

Which platforms are supported by FX Arena?

FX Arena supports the MetaTrader 4 and MetaTrader 5 trading platforms.

Does FX Arena offer leverage?

Yes, FX Arena offers a maximum leverage of up to 1: 500.

Are there additional charges on the Islamic account?

FX Arena does not provide the option of an Islamic Account. Some brokers charge extra fees on Islamic accounts – are either in wider spreads, additional commissions, or administration fees to make up for money that they lose with not charging overnight fees.

Is FX Arena regulated and by whom?

FX Arena is only regulated by the IFSC of Belize.

What is the overall rating out of 10 for FX Arena?

The overall rating is 4/10.