Amin Avid Brokerage broker Accounts

amin avid brokerage Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

amin avid brokerage Account Types Explained

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

1. Standard Account

• Minimum Deposit Requirement: 100,000 Rials
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features:
• Access to a wide range of trading instruments
• Suitable for beginners
• Target User Profile: Beginner traders
• Trading Instruments Available: Stocks, ETFs, commodities

2. ECN Account

• Minimum Deposit Requirement: 500,000 Rials
• 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
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: 1,000,000 Rials
• Spread/Commission Structure: Tight spreads with lower commission rates
• Leverage Options: Up to 1:300
• Key Features:
• Advanced trading tools
• Suitable for high-frequency trading
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: 500,000 Rials
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:100
• Key Features:
• Complies with Sharia law
• No swap fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Stocks, ETFs, commodities, Forex

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically 100,000 Rials)
• 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: All available instruments

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed amin avid brokerage Account Features

Feature Comparison Across Different Account Types

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly for beginners
• Access to a variety of instruments
• Disadvantages:
• Higher spreads compared to ECN
• Limited advanced features

ECN Account

• Advantages:
• Low spreads and fast execution
• Ideal for scalpers and day traders
• Direct market access
• Disadvantages:
• Higher minimum deposit
• Commission fees may apply

Pro Account

• Advantages:
• Tight spreads and low commissions
• Suitable for high-frequency trading
• Advanced trading tools available
• Disadvantages:
• High minimum deposit
• Complexity may overwhelm beginners

Islamic Account

• Advantages:
• Complies with Sharia law
• No swap fees
• Disadvantages:
• Limited to specific account types
• May have higher spreads

Demo Account

• Advantages:
• Risk-free trading
• Access to all trading instruments
• Disadvantages:
• Virtual funds may not reflect real market conditions
• Limited duration

amin avid brokerage Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available to residents of Iran and select countries
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance (details not provided).

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport or national ID)
• Proof of Residence: Utility bill or bank statement with the applicant's name and address

Additional Documentation for Professional Accounts

• Business Registration Documents: For corporate accounts
• Financial Statements: May be required for high-net-worth individuals

KYC/AML Compliance Procedures

• Amin Avid Brokerage adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations to prevent fraud and ensure the security of funds.

Verification Time Frames

• Typical Verification Time: 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step amin avid brokerage Account Opening Guide

Detailed Registration Process

1. Visit Website: Go to the Amin Avid Brokerage website.
2. Click Registration: Locate the registration button on the homepage.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the brokerage to verify your documents.
8. Fund Your Account: Once verified, deposit funds into your trading account.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can contact customer support to request an upgrade or downgrade of their account type, subject to meeting the new account requirements.

amin avid brokerage Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, risk-free environment, and practice trading strategies.
• Benefits: Ideal for beginners to learn trading without financial risk.

How to Open a Demo Account

• Visit the Amin Avid Brokerage website and select the demo account option, then follow the registration process.

Demo Account Limitations

• Duration/Expiry: Demo accounts typically expire after a set period (not specified).
• Virtual Balance Amount: Usually set at 100,000 Rials.

Demo vs Live Account Differences

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

amin avid brokerage Islamic Account Details

Swap-Free/Islamic Account Availability

• Amin Avid Brokerage offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

• Must meet the minimum deposit requirement and provide necessary 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 registration process and provide the necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limited leverage options.

FAQs – amin avid brokerage Account Types & Opening

1. What account types does amin avid brokerage offer？

• Amin Avid Brokerage offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: 100,000 Rials; ECN: 500,000 Rials; Pro: 1,000,000 Rials; Islamic: 500,000 Rials; Demo: Virtual balance.

1. How long does amin avid brokerage account verification take？

• Verification typically takes 1-3 business days.

1. Does amin avid brokerage offer demo accounts？

• Yes, Amin Avid Brokerage offers demo accounts for practice trading.

1. Can I have multiple account types with amin avid brokerage？

• Yes, clients can hold multiple account types.

1. Does amin avid brokerage offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

1. What documents do I need to open a amin avid brokerage account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, account types can be upgraded or downgraded by contacting customer support.