Angelite broker Accounts

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

angelite Account Types Explained

Angelite offers several account types tailored to meet the diverse needs of traders, from beginners to seasoned professionals. Below is a comprehensive overview of the 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: User-friendly interface, access to educational resources
• 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 with a commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Intermediate to advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads starting from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, personalized support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, stocks

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Similar to the Standard account
• Leverage Options: Up to 1:500
• Key Features: Risk-free environment to practice trading strategies
• Target User Profile: Beginners and traders testing new strategies
• Trading Instruments Available: All available instruments

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Detailed angelite Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• User-friendly interface
• Access to educational resources
• ECN Account:
• Tight spreads
• Direct market access
• Faster execution speeds
• Pro Account:
• Advanced trading tools
• Personalized support
• Lowest trading costs
• Islamic Account:
• Compliance with Sharia law
• No swap fees
• Similar features to Standard account
• Demo Account:
• Risk-free trading environment
• Practice strategies without financial risk
• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN and Pro accounts
• Limited advanced features
• ECN Account:
• Higher minimum deposit requirement
• Commission fees can add up
• Pro Account:
• High minimum deposit
• Not suitable for beginners
• Islamic Account:
• Limited availability of advanced features
• Similar spreads to Standard account
• Demo Account:
• Virtual funds do not translate to real trading experience
• Limited duration for practice

angelite Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check local regulations.
• Prohibited Countries: Specific countries may be restricted; refer to the broker‘s website for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver’s license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents showing the applicant's name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• Angelite adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all users to verify their identity and source of funds.

Verification Time Frames

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

Step-by-Step angelite Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Navigate to the Angelite website and click on the "Register" button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Specify trading preferences such as leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to start trading.
8. 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, with minor differences in interface layout.

Common Registration Issues and Solutions

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

Average Account Approval Time

• The average account approval time is between 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.

angelite Demo Account Guide

Demo Account Features and Benefits

• The demo account allows users to practice trading strategies without financial risk, using virtual funds.

How to Open a Demo Account

• Visit the Angelite website, select the demo account option, and complete the registration process.

Demo Account Limitations

• The demo account may have a limited duration and may not offer all features available in live accounts.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but this may vary by broker.

angelite Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

• Applicants must declare their need for an Islamic account during registration.

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 necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have similar trading conditions to standard accounts, but with the absence of swap fees.

FAQs – angelite Account Types & Opening

1. What account types does angelite offer？

• Angelite 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: Virtual funds.

1. How long does angelite account verification take？

• Verification typically takes 1-3 business days.

1. Does angelite offer demo accounts？

• Yes, angelite offers demo accounts for practice trading.

1. Can I have multiple account types with angelite？

• Yes, users can open multiple account types.

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

• Yes, angelite provides Islamic accounts that are swap-free.

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

• A 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.