Apple offers various account types tailored to different user needs. Heres a breakdown of the available account types:
| Account Type | Minimum Deposit | Spread Type | Leverage | Key Features |
|---|---|---|---|---|
| Individual | $0 | Variable | Up to 1:30 | Educational resources |
| Organizational | $500 | Fixed | Up to 1:100 | Advanced tools, account manager |
| Islamic | $1,000 | Variable | Up to 1:50 | Swap-free, Sharia-compliant |
| Demo | Virtual Balance | Simulated | Up to 1:30 | Risk-free trading |
When comparing the features across different apple international account types, consider the following:
Minimum Deposit:
Individual: $0
Organizational: $500
Islamic: $1,000
Demo: Virtual balance
Maximum Leverage:
Individual: 1:30
Organizational: 1:100
Islamic: 1:50
Demo: 1:30
Spreads (Typical/Minimum):
Individual: Variable
Organizational: Fixed
Islamic: Variable
Demo: Simulated
Commission Fees:
Individual: None
Organizational: Based on volume
Islamic: None
Demo: None
Lot Size:
Individual: Micro and Standard
Organizational: Mini and Standard
Islamic: Micro and Standard
Demo: Micro and Standard
Available Trading Platforms:
Individual: MT4, MT5
Organizational: MT4, MT5, proprietary
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Individual: Market
Organizational: ECN
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic accounts only.
Swap-Free Options: Available for Islamic accounts.
Demo Account Features: Unlimited access to virtual funds for practice.
Individual Account:
No initial deposit required.
Easy to set up.
Access to educational resources.
Organizational Account:
Higher leverage options.
Advanced trading tools.
Dedicated account manager.
Islamic Account:
Complies with Sharia law.
No overnight fees.
Demo Account:
Risk-free environment.
Practice without financial commitment.
Individual Account:
Limited features compared to organizational accounts.
Lower leverage.
Organizational Account:
Higher minimum deposit.
More complex setup process.
Islamic Account:
Higher minimum deposit.
Limited leverage compared to organizational accounts.
Demo Account:
Virtual funds only; cannot withdraw.
Limited duration for practice.
To open an apple international account, the following eligibility criteria must be met:
Demo Account Features and Benefits:
Allows users to practice trading strategies without financial risk.
Access to all trading instruments available in live accounts.
How to Open a Demo Account:
Follow the same registration steps as for a live account, selecting the demo option.
Demo Account Limitations:
Limited duration (typically 30 days).
Virtual funds cannot be withdrawn.
Virtual Balance Amount:
Usually set at $10,000 or more for practice.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts use real money.
Market conditions may differ in terms of execution speed and slippage.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30 days of inactivity.
Swap-Free/Islamic Account Availability: Yes, specifically designed for traders who require Sharia-compliant trading.
Eligibility Requirements:
Must provide documentation proving the need for an Islamic account.
Differences from Standard Accounts:
No overnight fees or swaps applied.
Limited leverage options compared to organizational accounts.
How to Apply for Islamic Account:
Indicate the need for an Islamic account during the registration process and provide necessary documentation.
Restrictions or Special Conditions:
Must adhere to Islamic trading principles; no interest-based transactions.
Explore broker markets account types: forex/trading accounts with demo access.