AHSAM broker Accounts

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

ahsam Account Types Explained

Ahsam Securities offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features: Ideal for beginners, access to a range of trading instruments, and a user-friendly platform.
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads from 0.1 pips with a commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading.
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.5 pips with a commission of $3 per lot
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority execution, and advanced trading tools.
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:100
• Key Features: Swap-free trading options compliant with Islamic finance principles.
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulated trading conditions
• Leverage Options: Up to 1:100
• 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, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Testing Strategies: Demo Account

Detailed ahsam Account Features

Account Features Comparison

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly for beginners
• Access to multiple trading instruments
• Disadvantages:
• Higher spreads compared to ECN accounts
• Limited advanced features

ECN Account

• Advantages:
• Tight spreads and low commissions
• Direct market access
• Suitable for high-frequency trading
• Disadvantages:
• Higher minimum deposit
• May not be ideal for beginners

Pro Account

• Advantages:
• Best trading conditions for professionals
• Low commission fees
• High leverage options
• Disadvantages:
• High minimum deposit requirement
• Complexity may deter beginners

Islamic Account

• Advantages:
• Compliant with Islamic finance principles
• No swap fees
• Low minimum deposit
• Disadvantages:
• Limited to specific trading instruments
• Similar features to Standard account

Demo Account

• Advantages:
• Risk-free trading environment
• Access to all trading instruments
• Ideal for practice and strategy testing
• Disadvantages:
• No real profits or losses
• Limited duration of use

ahsam Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport, national ID)
• Proof of address (utility bill, bank statement)
• Proof of Residence Requirements: Recent documents showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

Ahsam follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to verify the identity of its clients. This includes collecting and verifying personal information and documentation.

Verification Time Frames

The account verification process typically takes 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step ahsam Account Opening Guide

Registration Process

1. Visit the Website: Go to the Ahsam Securities homepage.
2. Click Registration: Find and click on the 'Open Account' button.
3. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload the required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required funds to activate your account.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a more streamlined design for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes between 1-3 business days, depending on the volume of applications and the completeness of submitted documents.

How to Upgrade/Downgrade Account Types

Account upgrades or downgrades can be requested through the client portal or by contacting customer support. Additional documentation may be required for certain account types.

ahsam Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, real-time market conditions, and the ability to practice trading strategies without risk.
• Benefits: Ideal for beginners to learn trading without financial risk and for experienced traders to test new strategies.

How to Open a Demo Account

1. Visit the Ahsam website.
2. Click on the 'Open Demo Account' option.
3. Fill in the required information and submit.

Demo Account Limitations

• Virtual Balance Amount: Typically offers a virtual balance (e.g., $100,000).
• Duration/Expiry of Demo Accounts: Demo accounts may expire after a set period (e.g., 30 days) unless extended.

Virtual Balance Amount

The demo account usually provides a virtual balance of $100,000 for practice trading.

Demo vs Live Account Differences

• Demo Account: Uses virtual funds, no real profits or losses.
• Live Account: Involves real money, with actual profits and losses.

ahsam Islamic Account Details

Swap-Free/Islamic Account Availability

Ahsam offers Islamic accounts that comply with Sharia law, allowing traders to engage in trading without incurring swap fees.

Eligibility Requirements

To qualify for an Islamic account, traders must declare their adherence to Islamic finance principles.

Differences from Standard Accounts

Islamic accounts have no swap fees and may have specific conditions regarding trading instruments and account management.

How to Apply for Islamic Account

Traders can apply for an Islamic account during the account registration process by selecting the Islamic account option.

Restrictions or Special Conditions

Islamic accounts may have restrictions on certain trading strategies that involve swaps or interest.

FAQs – ahsam Account Types & Opening

1. What account types does ahsam offer？

• Ahsam 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 ahsam account verification take？

• Verification typically takes 1-3 business days.

1. Does ahsam offer demo accounts？

• Yes, ahsam provides demo accounts for practice trading.

1. Can I have multiple account types with ahsam？

• Yes, traders can open multiple account types.

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

• Yes, Islamic accounts are available without swap fees.

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

• Required documents include a government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, account type changes can be requested through customer support.