AOB broker Accounts

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

Part 1: aob Account Types Explained

AOB offers several account types tailored to different trading needs and expertise levels. Below is a detailed overview of each account type available in 2025.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, access to a wide range of trading instruments.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $2 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions, priority 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 Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law; no interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading with virtual funds, access to all trading instruments.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: aob Account Features Comparison

Detailed aob Account Features

Advantages of Each Account Type

• Standard Account:

• User-friendly for beginners.

• No commission fees.

• Wide range of instruments.

• ECN Account:

• Direct market access.

• Lower spreads.

• Ideal for scalping.

• Pro Account:

• Enhanced trading conditions.

• Priority customer support.

• Suitable for high-volume traders.

• Islamic Account:

• Complies with Sharia law.

• No interest charges.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Opportunity to test strategies.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited features for advanced traders.

• ECN Account:

• Higher minimum deposit.

• Commission fees may reduce profitability.

• Pro Account:

• High minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited availability of features.

• May have restrictions on certain trading strategies.

• Demo Account:

• No real monetary gains.

• Limited duration for practice.

Part 3: aob Account Registration Requirements

aob Account Registration Requirements

• Eligibility Criteria:

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

• Geographic Restrictions: Available globally, but may be restricted in certain jurisdictions.

• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

• Identity Verification Documents Needed:

• Government-issued photo ID (passport or driver's license).

• Proof of address (utility bill or bank statement).

• Proof of Residence Requirements:

• Recent utility bill or bank statement showing the applicant's name and address.

• Additional Documentation for Professional Accounts:

• Proof of trading experience or financial background may be required.

KYC/AML Compliance Procedures

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

Verification Time Frames

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

Part 4: aob Account Opening Process

Step-by-Step aob Account Opening Guide

1. Visit Website and Click Registration: Navigate to the AOB website and select the "Register" option.
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, including leverage and trading instruments.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have additional verification steps via app features.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.

• Solution: Ensure all documents are clear and legible before uploading.

• Issue: Delays in verification.

• Solution: Contact customer support for status updates.

Average Account Approval Time

• The average time for account approval is between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Account types can be changed by submitting a request through the AOB client portal, subject to the new account type's minimum deposit requirements.

Part 5: aob Demo Account Guide

aob Demo Account Features and Benefits

• Features: Access to all trading instruments, virtual funds for trading practice.
• Benefits: Allows traders to practice without financial risk, test strategies, and familiarize themselves with the trading platform.

How to Open a Demo Account

• Visit the AOB website, select "Open Demo Account," and follow the registration steps similar to a live account.

Demo Account Limitations

• Limited to virtual funds; no real monetary gains can be made.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $100,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits and involve actual trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, after which they may expire unless converted to a live account.

Part 6: aob Islamic Account Details

aob Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, AOB offers Islamic accounts compliant with Sharia law.
• Eligibility Requirements: Must declare the need for an Islamic account during registration.
• Differences from Standard Accounts: No swap fees are charged for overnight positions.
• 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 interest-based transactions.

FAQs – aob Account Types & Opening

1. What account types does aob offer？

• AOB 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 aob account verification take？

• Verification typically takes 1 to 3 business days.

1. Does aob offer demo accounts？

• Yes, AOB provides demo accounts for practice trading.

1. Can I have multiple account types with aob？

• Yes, traders can hold multiple account types.

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

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

1. What documents do I need to open a aob 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 changed by submitting a request through the client portal.