Business
License
Allah Blessings offers various types of trading accounts to cater to different trading needs and preferences. The primary account types include:
Standard Account: This account is designed for beginners and casual traders who prefer a straightforward trading experience. It typically offers competitive spreads and access to a wide range of trading instruments without the complexities of advanced trading features.
Islamic Account: This account is specifically tailored for Muslim traders who wish to adhere to Shariah principles. It is a swap-free account, meaning that it does not incur any interest charges on overnight positions, making it compliant with Islamic finance rules.
Pro Account: Aimed at more experienced traders, this account type offers tighter spreads and advanced trading tools. It may require a higher minimum deposit but is suitable for those looking to engage in more active trading strategies.
Demo Account: This account allows traders to practice their strategies and familiarize themselves with the trading platform without risking real money. It is ideal for beginners and those testing new trading strategies.
Opening an account with Allah Blessings is a straightforward process that typically involves the following steps:
Visit the Website: Go to the official Allah Blessings website.
Choose Account Type: Select the account type that best suits your trading needs (Standard, Islamic, Pro, or Demo).
Fill Out Application Form: Complete the online application form with your personal information, including your name, email address, phone number, and preferred account type.
Submit Identification: Provide the necessary identification documents for verification. This may include a government-issued ID and proof of address.
Initial Deposit: Fund your account with the minimum required deposit. The amount may vary depending on the account type selected.
Account Verification: Wait for the broker to verify your account. This process usually takes a few hours to a couple of days.
Start Trading: Once your account is approved and funded, you can download the trading platform and start trading.
For more details on account types and the opening process, please refer to the official website of Allah Blessings.
Explore broker markets account types: forex/trading accounts with demo access.