AKD broker Accounts

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

Part 1: akd Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: PKR 5,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:100
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, stocks

1. ECN Account

• Minimum Deposit Requirement: PKR 10,000
• Spread/Commission Structure: Low spreads starting from 0.1 pips with a commission fee
• Leverage Options: Up to 1:200
• Key Features: Direct market access, ideal for scalpers and high-frequency traders
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities

1. Pro Account

• Minimum Deposit Requirement: PKR 50,000
• Spread/Commission Structure: Tight spreads with lower commission rates
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools and analytics
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices

1. Islamic Account

• Minimum Deposit Requirement: PKR 5,000
• Spread/Commission Structure: Similar to standard accounts but swap-free
• Leverage Options: Up to 1:100
• Key Features: Compliance with Sharia law, no overnight interest
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically PKR 100,000)
• Spread/Commission Structure: Same as live accounts
• Leverage Options: Up to 1:100
• Key Features: Practice trading without risk
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, stocks

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: akd Account Features Comparison

Detailed akd Account Features

• Minimum Deposit:

• Standard: PKR 5,000

• ECN: PKR 10,000

• Pro: PKR 50,000

• Islamic: PKR 5,000

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:100

• Spreads:

• Standard: From 1.0 pips

• ECN: From 0.1 pips

• Pro: Tight spreads

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: Yes, per trade

• Pro: Lower than ECN

• Islamic: None

• Lot Size:

• Standard: Micro and Mini

• ECN: Standard

• Pro: Standard

• Islamic: Micro and Mini

• Available Trading Platforms:

• All account types: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: ECN

• Islamic: Market

• Islamic Account Availability: Yes, for all account types

• Swap-Free Options: Available for Islamic Accounts

• Demo Account Features: Unlimited access with virtual funds

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners

• Low minimum deposit

• Access to various trading instruments

• ECN Account:

• Low spreads for high-frequency trading

• Direct market access

• Ideal for scalpers

• Pro Account:

• Advanced trading tools

• Lower commission fees

• High leverage options

• Islamic Account:

• Compliance with Sharia law

• No overnight interest

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Practice strategies

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Requires higher minimum deposit

• Commission fees can add up

• Pro Account:

• High minimum deposit

• May be complex for beginners

• Islamic Account:

• Limited to Muslim traders

• May have restrictions on certain trading strategies

• Demo Account:

• No real profit

• Limited to virtual funds

Part 3: akd Account Opening Requirements

akd Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available for residents of Pakistan and overseas Pakistanis
• Prohibited Countries: Not specified in the sources

Identity Verification Documents Needed

• Valid CNIC/SNIC/NICOP/ARC/POC/Passport
• Proof of residence (utility bill or rental agreement)

Additional Documentation for Professional Accounts

• Business registration documents
• Proof of income

KYC/AML Compliance Procedures

• Completion of Customer Relationship Form (CRF)
• Submission of identity verification documents
• Compliance with Anti-Money Laundering (AML) regulations

Verification Time Frames

• Account verification typically takes 1-3 business days

Part 4: akd Account Opening Process

Step-by-Step akd Account Opening Guide

1. Visit Website and Click Registration: Navigate to the AKD Securities website and click on the account opening option.
2. Personal Information Entry: Fill in personal details including name, address, and contact information.
3. Choose Account Type: Select the desired account type based on trading needs.
4. Set Trading Preferences: Specify trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate the account.
8. Start Trading: Once the account is funded, begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile registration may have simplified steps.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are in the correct format and size.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically 1-3 business days depending on document verification.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade, providing necessary documentation if required.

Part 5: akd Demo Account Information

akd Demo Account Features and Benefits

• Practice trading without financial risk
• Access to all trading instruments
• Unlimited duration for practice

How to Open a Demo Account

• Visit the AKD Securities website and select the demo account option, then follow the registration steps.

Demo Account Limitations

• No real money involved
• Limited to virtual funds

Virtual Balance Amount

• Typically PKR 100,000 in virtual funds

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts do not expire but may have limitations based on inactivity.

Part 6: akd Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, Islamic accounts are available for all account types.

Eligibility Requirements

• Must be a Muslim trader.

Differences from Standard Accounts

• No overnight interest (swap-free)
• Similar features to standard accounts

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Must comply with Sharia law in trading practices.

FAQs – akd Account Types & Opening

1. What account types does akd offer？

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

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

• Standard: PKR 5,000, ECN: PKR 10,000, Pro: PKR 50,000, Islamic: PKR 5,000, Demo: Virtual funds.

1. How long does akd account verification take？

• Typically 1-3 business days.

1. Does akd offer demo accounts？

• Yes, demo accounts are available for practice trading.

1. Can I have multiple account types with akd？

• Yes, you can open multiple account types.

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

• Yes, Islamic accounts are available.

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

• Valid CNIC/SNIC/NICOP/ARC/POC/Passport 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 customer support.