aiSource offers a variety of account types tailored to different trading needs and preferences. Below is a detailed overview of each account type available:
| Account Type | Minimum Deposit | Spread (pips) | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.5 | None | 1:500 | Beginner |
| ECN | $500 | From 0.0 | $5/lot | 1:200 | Advanced |
| Pro | $1,000 | From 1.0 | $3/lot | 1:300 | Professional |
| Islamic | $500 | Similar to Standard | None | 1:200 | Muslim Traders |
| Demo | N/A | Same as Standard | N/A | 1:500 | All Levels |
When considering which aisource account type to choose, it's essential to compare the features across different accounts:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:200
Demo: 1:500
Spreads:
Standard: From 1.5 pips
ECN: From 0.0 pips
Pro: From 1.0 pips
Islamic: Similar to Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Demo: N/A
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Micro, Mini, Standard
Islamic: Micro, Mini, Standard
Demo: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic Account.
Swap-Free Options: Available for Islamic Account.
Demo Account Features: Access to all trading instruments, practice trading.
Standard Account:
Low minimum deposit.
User-friendly for beginners.
Access to various trading instruments.
ECN Account:
Tight spreads for scalping.
Direct market access.
Suitable for high-frequency trading.
Pro Account:
Advanced trading tools.
Lower commission fees.
Priority customer support.
Islamic Account:
Compliant with Sharia law.
No swap fees.
Access to all trading instruments.
Demo Account:
Risk-free trading environment.
Practice with virtual funds.
Access to all trading instruments.
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Higher minimum deposit.
Commission fees may reduce profitability.
Pro Account:
Higher minimum deposit.
May not be suitable for beginners.
Islamic Account:
Limited to Muslim traders.
May have fewer promotional offers.
Demo Account:
No real profits.
Limited duration for practice.
To open an account with aisource, the following eligibility criteria must be met:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Availability may vary by region; check specific country eligibility.
Prohibited Countries: Specific countries may be restricted; refer to aisource's terms and conditions.
Identity Verification Documents Needed:
Government-issued ID (passport or driver's license).
Social Security Number (for U.S. residents).
Proof of Residence Requirements:
Recent utility bill or bank statement showing your name and address.
Additional Documentation for Professional Accounts: May require proof of trading experience or financial statements.
KYC/AML Compliance Procedures:
All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Demo Account Features and Benefits:
Practice trading with virtual funds.
Access to all trading instruments.
No risk of losing real money.
How to Open a Demo Account:
Visit the aisource website and select the demo account option.
Demo Account Limitations:
Limited duration (usually 30 days).
Virtual funds may not reflect real market conditions.
Virtual Balance Amount:
Typically starts with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts usually expire after 30 days unless extended.
Explore broker markets account types: forex/trading accounts with demo access.