absystem Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

absystem Account Types Explained

absystem offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types along with their key features:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Fixed spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, access to all trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads starting from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and CFDs.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law, no interest fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account, Islamic Account

Detailed absystem Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Fixed spreads for easier budgeting.

• Ideal for beginners with a user-friendly interface.

• ECN Account:

• Lower spreads and faster execution.

• Direct market access for better trading conditions.

• Suitable for scalping strategies.

• Pro Account:

• Advanced trading tools and features.

• Lower commission rates for high-volume traders.

• Priority customer support.

• Islamic Account:

• Compliant with Islamic finance principles.

• No swap fees, making it suitable for Muslim traders.

• Similar features to the Standard Account.

• Demo Account:

• Risk-free environment for practice.

• Access to all trading instruments.

• Ideal for testing strategies before going live.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• Limited features for advanced traders.

• ECN Account:

• Higher minimum deposit required.

• Commission fees can add up for frequent traders.

• Pro Account:

• Higher minimum deposit compared to Standard Account.

• More complex features may overwhelm beginners.

• Islamic Account:

• Limited availability of advanced features.

• May not suit traders looking for higher leverage.

• Demo Account:

• Virtual funds may not accurately reflect live trading conditions.

• Limited duration for practice.

absystem Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to most countries; check specific restrictions.
• Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of residence (utility bill, bank statement).
• Proof of Residence Requirements: Recent documents showing name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Verification of identity and address through submitted documents.
• Additional checks for high-risk clients or accounts.

Verification Time Frames

• Typically, verification takes 1-3 business days, depending on the volume of applications.

Step-by-Step absystem Account Opening Guide

Detailed Registration Process

1. Visit the Website: Go to the absystem official website.
2. Click Registration: Locate and click on the "Register" button.
3. Personal Information Entry: Fill in required personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the available options.
5. Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
6. Document Upload: Upload required verification documents (ID and proof of residence).
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to activate the account.
9. Start Trading: Once funded, log in and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have a more streamlined design.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct format (JPEG, PDF).
• Issue: Verification takes longer than expected.
• Solution: Contact customer support for updates on the verification status.

Average Account Approval Time

• Most accounts are approved within 1-3 business days.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings to request an upgrade or downgrade.

absystem Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, virtual funds for practice.
• Benefits: Allows traders to practice strategies without financial risk.

How to Open a Demo Account

• Follow the same registration process as for a live account but select "Demo Account" during account type selection.

Demo Account Limitations

• Limited duration (usually 30 days) and may not reflect live market conditions accurately.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity.

absystem Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, absystem offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader and provide necessary documentation.

Differences from Standard Accounts

• No swap fees are charged, and other trading conditions remain similar.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must adhere to Islamic finance principles; no interest-bearing transactions are allowed.

FAQs – absystem Account Types & Opening

1. What account types does absystem offer？

• absystem offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.

1. How long does absystem account verification take？

• Typically, 1-3 business days.

1. Does absystem offer demo accounts？

• Yes, absystem provides demo accounts for practice trading.

1. Can I have multiple account types with absystem？

• Yes, traders can open multiple accounts.

1. Does absystem offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

1. What documents do I need to open a absystem account？

• A government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through your account settings.