Alaska Capitals broker Accounts

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

Part 1: alaska capitals Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Access to all trading instruments, including forex, commodities, and indices.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads from 0 pips, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1 pip, commission of $2 per lot
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority customer service.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

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

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Practice trading with virtual funds, access to all trading instruments.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: alaska capitals Account Features Comparison

Detailed alaska capitals Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Demo: Same as Standard

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0 pips

• Pro: From 1 pip

• Islamic: Same as Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: N/A

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: N/A

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: 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:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual funds for practice

• Access to all trading instruments

• Same trading conditions as Standard Account

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to a wide range of instruments

• ECN Account:

• Tight spreads

• Direct market access

• Ideal for scalping strategies

• Pro Account:

• Enhanced trading conditions

• Lower commission fees

• Priority customer support

• Islamic Account:

• Compliance with Sharia law

• No swap fees

• Flexible trading options

• Demo Account:

• Risk-free trading environment

• Opportunity to test strategies

• Familiarization with trading platforms

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features for experienced traders

• ECN Account:

• Higher minimum deposit

• Commission fees may add up for frequent traders

• Pro Account:

• Higher minimum deposit

• Limited to professional traders

• Islamic Account:

• Limited availability of certain features

• May have restrictions on trading strategies

• Demo Account:

• No real profits can be made

• Limited duration for practice

Part 3: alaska capitals Account Opening Requirements

alaska capitals Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.

• Prohibited Countries: Countries under sanctions or restrictions by the U.S. government.

• Identity Verification Documents Needed:

• Government-issued ID (passport or drivers license)

• Social Security number or taxpayer identification number

• Proof of Residence Requirements:

• Recent utility bill or bank statement with your name and address

• Additional Documentation for Professional Accounts:

• Business registration documents (if applicable)

• Proof of professional trading experience

• KYC/AML Compliance Procedures:

• Verification of identity and address

• Monitoring of transactions for suspicious activity

• Verification Time Frames:

• Typically takes 1-3 business days after all documents are submitted.

Part 4: alaska capitals Account Opening Process

Step-by-Step alaska capitals Account Opening Guide

1. Visit Website and Click Registration:

• Navigate to the alaska capitals website and click on the "Open Account" button.

1. Personal Information Entry:

• Fill in your personal details including name, address, and contact information.

1. Choose Account Type:

• Select the account type that suits your trading needs.

1. Set Trading Preferences:

• Specify your trading preferences such as leverage and trading instruments.

1. Document Upload:

• Upload the required identity verification and proof of residence documents.

1. Account Verification:

• Wait for the verification process to be completed by the alaska capitals team.

1. Fund Your Account:

• Deposit the minimum required amount to activate your account.

1. Start Trading:

• Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are in the correct format and within size limits.

• Issue: Account verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

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

Part 5: alaska capitals Demo Account Information

alaska capitals Demo Account Guide

• Demo Account Features and Benefits:

• Practice trading with virtual funds.

• Access to all trading instruments.

• Familiarization with the trading platform.

• How to Open a Demo Account:

• Visit the alaska capitals website and select the demo account option.

• Fill in the required information and submit.

• Demo Account Limitations:

• Limited duration (typically 30 days).

• No real profits can be made.

• Virtual Balance Amount:

• Usually provided with a virtual balance of $10,000 or more.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts require real money deposits.

• Live accounts may incur trading fees and commissions.

• Duration/Expiry of Demo Accounts:

• Demo accounts typically expire after 30 days of inactivity.

Part 6: alaska capitals Islamic Account Details

alaska capitals Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Yes, available for all account types.

• Eligibility Requirements:

• Must be a practicing Muslim seeking compliance with Sharia law.

• Differences from Standard Accounts:

• No swap fees applied for overnight positions.

• Trading conditions remain similar to standard accounts.

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process.

• Restrictions or Special Conditions:

• Must adhere to Islamic trading principles, avoiding prohibited activities.

FAQs – alaska capitals Account Types & Opening

1. What account types does alaska capitals offer？

• alaska capitals 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 alaska capitals account verification take？

• Typically, 1-3 business days.

1. Does alaska capitals offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with alaska capitals？

• Yes, you can hold multiple account types.

1. Does alaska capitals offer Islamic/swap-free accounts？

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

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support for assistance.