1. Go directly to Fuhui to open an account: the steps of opening an account are to log in to the website, then open the link to open an account (note: if your English is not very good, you can click on Chinese in the upper right corner), and then follow the steps step by step. The items to be filled in mainly include name, telephone number, email address and address. Other items can be filled in according to your actual situation, and finally upload your ID card. After the information is submitted, it will be reviewed by Fuhui, and a group of cases can open an account the next day. At that time, you will receive two emails, which will tell you your account number and password, and then you can log in to mt4 or ts2 for deposit transaction.
Open an account in ib (agent): You only need to submit your name, phone number, email address and ID photo, and then the agent will be responsible for opening an account for you. There is no need to fill in the form step by step, which saves a lot of trouble. At the same time, if you open an account in an agency, it will be faster than opening an account directly in Fuhui. It usually takes an hour or two to receive the account. At that time, I received two English emails showing the account name and password.
2. Compare these two ways, and let me summarize them. Opening an account directly requires many forms and the process is complicated. You don't need to fill in many complicated forms to open an account on your behalf, which is faster. As far as the account itself is concerned, the account directly opened by FXCM is the default account of 400 times leverage and traders, while the account opened by institutions is generally 100 times leverage and traders' default account. Of course, accounts with 400 times leverage can also be opened. There is no difference between these two accounts. All the real positions opened are exactly the same as those simulated, with original price difference and no commission. As the agent of FXCM, Yu Hui International can enjoy all the services of FXCM and get exclusive donation activities from FXCM as long as you open an account on its website.
To sum up, if you are a domestic user, you can actually choose to open an account in an agency and get the services of the two companies without increasing any cost. Why not?