Akita broker Accounts

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

akita Account Types Explained

Akita 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, requirements, and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features:
• Access to a wide range of trading instruments
• Basic customer support
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low 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, indices, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads starting from 0.0 pips + higher commission
• 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, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features:
• Swap-free trading
• Compliance with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• 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 testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed akita Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Suitable for beginners

• Access to a variety of instruments

• ECN Account:

• Tight spreads and low latency

• Ideal for scalping strategies

• Direct market access

• Pro Account:

• Best for high-volume traders

• Advanced trading tools available

• Tightest spreads

• Islamic Account:

• Complies with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Ideal for practice and strategy testing

• Access to all trading features

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may apply

• Pro Account:

• Requires significant capital

• Higher commission costs

• Islamic Account:

• Limited availability of advanced features

• May have fewer trading instruments

• Demo Account:

• No real money trading

• Limited duration for practice

akita Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country.
• Prohibited Countries: Specific countries may be restricted; check the website for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent utility bill or bank statement showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Akita follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all users to verify their identity before trading.

Verification Time Frames

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

Step-by-Step akita Account Opening Guide

Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the Akita website and click on the "Register" button.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for Akita to verify your documents.
7. Fund Your Account: Once verified, deposit funds into your account using your preferred payment method.
8. Start Trading: After funding, you can start trading on the platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

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

Average Account Approval Time

• The average account approval time is 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through their account settings or by contacting customer support.

akita Demo Account Guide

Demo Account Features and Benefits

• The demo account provides a risk-free environment to practice trading with virtual funds.
• Users can access all trading instruments and features available in live accounts.

How to Open a Demo Account

• Visit the Akita website and select the option to open a demo account. Follow the registration steps similar to opening a live account.

Demo Account Limitations

• The demo account is typically limited in duration (e.g., 30 days) and may have a virtual balance cap.

Virtual Balance Amount

• The virtual balance amount varies but is often set at $10,000 or more for practice purposes.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.
• Market conditions may differ, affecting execution speeds and spreads.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after a set period (e.g., 30 days) unless extended by the user.

akita Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

• Users must indicate their need for an Islamic account during registration and may need to provide additional documentation.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limited access to certain instruments or features.

FAQs – akita Account Types & Opening

1. What account types does akita offer？

• Akita 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 akita account verification take？

• Verification typically takes 1-3 business days.

1. Does akita offer demo accounts？

• Yes, Akita provides demo accounts for risk-free trading.

1. Can I have multiple account types with akita？

• Yes, users can open multiple account types.

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

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

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

• Government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, users can request to upgrade or downgrade their account type.