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aac offers several types of accounts tailored to meet the diverse needs of traders. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads | Up to 1:500 | Easy to use, suitable for beginners | Beginner traders | Forex, commodities, indices |
| ECN | $500 | Low spreads + commission | Up to 1:200 | Direct market access, fast execution | Advanced traders | Forex, commodities, cryptocurrencies |
| Pro | $1,000 | Fixed spreads | Up to 1:100 | Advanced trading tools, lower costs | Professional traders | Forex, commodities, indices |
| Islamic | $500 | Variable spreads | Up to 1:200 | Swap-free, compliant with Sharia law | Muslim traders | Forex, commodities, indices |
| Demo | N/A | N/A | N/A | Risk-free trading environment | All levels | Forex, commodities, indices |
The following table compares features across different aac account types:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $500 | N/A |
| Maximum Leverage | Up to 1:500 | Up to 1:200 | Up to 1:100 | Up to 1:200 | N/A |
| Spreads (Typical/Minimum) | Variable | Low | Fixed | Variable | N/A |
| Commission Fees | None | Yes | None | None | N/A |
| Lot Size | Micro | Mini | Standard | Micro | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | Yes | No | Yes | No |
| Swap-Free Options | No | Yes | No | Yes | No |
| Demo Account Features | No | No | No | No | Yes |
Standard Account:
User-friendly interface
No commission fees
Suitable for beginners
ECN Account:
Direct market access
Lower spreads
Ideal for high-frequency trading
Pro Account:
Fixed spreads for better predictability
Advanced trading tools
Lower overall trading costs
Islamic Account:
Compliant with Sharia law
No swap fees
Suitable for Muslim traders
Demo Account:
Risk-free trading environment
Practice without financial commitment
Access to all trading instruments
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Requires higher minimum deposit
Commission fees can add to trading costs
Pro Account:
Higher minimum deposit requirement
Not suitable for beginners
Islamic Account:
Limited availability of certain features
May have higher spreads
Demo Account:
No real profit potential
Limited duration for practice
To open an aac account, the following eligibility criteria must be met:
aac follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to ensure the legitimacy of all accounts. This includes verifying identity and assessing the risk of illegal activities.
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified steps for ease of use.
Most accounts are approved within 1-3 business days, depending on the verification process.
Account holders can request to change their account type through the customer support portal or by contacting customer service directly.
Typically, demo accounts come with a virtual balance of $10,000 to simulate real trading conditions.
Demo accounts generally expire after 30-90 days of inactivity, after which users may need to reapply.
aac offers Islamic accounts that comply with Sharia law, meaning they do not incur swap fees.
To qualify for an Islamic account, traders must declare their religious beliefs and provide necessary documentation.
Islamic accounts have no swap fees but may have slightly higher spreads compared to standard accounts.
Indicate your preference for an Islamic account during the registration process and provide any required documentation.
Islamic accounts may have specific trading conditions, such as limits on certain instruments or trading strategies.
Explore broker markets account types: forex/trading accounts with demo access.