Ajmera broker Accounts

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

ajmera Account Types Explained

Ajmera offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types, including their features, minimum deposit requirements, and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: ₹5,000
• Spread/Commission Structure: Fixed spreads starting from 2 pips
• Leverage Options: Up to 1:100
• Key Features:
• User-friendly interface
• Access to a wide range of trading instruments
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, and indices

2. ECN Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Variable spreads starting from 0.1 pips + commission
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, and cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: ₹25,000
• Spread/Commission Structure: Low spreads with a commission structure
• Leverage Options: Up to 1:500
• Key Features:
• Advanced trading tools
• Priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, indices, commodities, and stocks

4. Islamic Account

• Minimum Deposit Requirement: ₹5,000
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:100
• Key Features:
• Swap-free trading
• Compliance with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex and commodities

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (usually ₹1,000,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features:
• Risk-free trading environment
• Access to all trading instruments
• Target User Profile: Beginners and traders looking to test strategies
• Trading Instruments Available: Forex, commodities, and indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed ajmera Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:
• Easy to use for beginners
• No commission fees
• Access to a variety of instruments
• ECN Account:
• Lower spreads for high-frequency trading
• Direct market access
• Suitable for scalping strategies
• Pro Account:
• High leverage options
• Advanced trading tools
• Priority support
• Islamic Account:
• Complies with Sharia law
• No swap fees
• Suitable for Muslim traders
• Demo Account:
• Risk-free environment
• Practice trading strategies
• Access to all features of live accounts

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited advanced features
• ECN Account:
• Requires a higher minimum deposit
• Commission fees can add up
• Pro Account:
• High minimum deposit requirement
• Complexity may deter beginners
• Islamic Account:
• Limited to specific trading instruments
• May not be available in all regions
• Demo Account:
• No real money involved
• Limited duration for practice

ajmera Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of India and select countries.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
• Identity Verification Documents Needed:
• Government-issued ID (Aadhaar, Passport, etc.)
• PAN card
• Proof of Residence Requirements:
• Utility bill
• Bank statement
• Additional Documentation for Professional Accounts:
• Business registration documents (if applicable)
• Proof of income or financial statements

KYC/AML Compliance Procedures

• Ajmera follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) guidelines to ensure the legitimacy of all accounts.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Step-by-Step ajmera Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the Ajmera website and find the registration link.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk appetite.
5. Document Upload: Upload the required identity and address verification documents.
6. Account Verification: Wait for the verification team to review your documents.
7. Fund Your Account: Once verified, deposit the minimum required amount to activate your account.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though mobile users may experience a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document rejection
• Solution: Ensure all documents are clear and meet the specified requirements.
• Issue: Delayed verification
• Solution: Contact customer support for updates.

Average Account Approval Time

• Typically, account approval takes between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Users can request to change their account type through the customer support portal or by contacting their account manager.

ajmera Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments with virtual funds.
• Benefits: Allows traders to practice without financial risk and test strategies.

How to Open a Demo Account

• Visit the Ajmera website, select the demo account option, and follow the registration steps similar to a live account.

Demo Account Limitations

• The demo account may have a limited duration or virtual balance.

Virtual Balance Amount

• Typically, demo accounts are provided with a virtual balance of ₹1,000,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money and may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for a set period, often 30 days, after which they may expire unless extended.

ajmera Islamic Account Details

Swap-free/Islamic Account Availability

• Ajmera offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Traders must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have specific trading conditions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have limitations on certain trading instruments or strategies.

FAQs – ajmera Account Types & Opening

1. What account types does ajmera offer？

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

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

• Standard: ₹5,000, ECN: ₹10,000, Pro: ₹25,000, Islamic: ₹5,000, Demo: Virtual balance.

1. How long does ajmera account verification take？

• Verification typically takes 1-3 business days.

1. Does ajmera offer demo accounts？

• Yes, ajmera offers demo accounts for practice trading.

1. Can I have multiple account types with ajmera？

• Yes, traders can open multiple account types as needed.

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

• Yes, ajmera offers Islamic accounts that are swap-free.

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

• Government-issued ID, PAN card, and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.