Aquatrade broker Accounts

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

aquatrade Account Types Explained

Aquatrade offers a variety of account types tailored to meet the needs of different traders, from beginners to advanced professionals. Below is a detailed overview of the available account types, including their features and requirements.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, access to educational resources, and customer support.
• Target User Profile: Beginners and casual 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 $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pip; commission of $3 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Advanced trading tools, dedicated account manager, and priority support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account without swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Swap-free trading compliant with Islamic finance principles.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Not applicable (virtual funds).
• Spread/Commission Structure: Variable spreads as per account type selected.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed aquatrade Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: From 1.0 pip

• Islamic: Similar to Standard

• Demo: Similar to selected account type

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5, and proprietary platforms.

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account only.

• Swap-Free Options: Available for Islamic Account.

• Demo Account Features: Unlimited access to virtual funds for practice trading.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Ideal for beginners.

• ECN Account:

• Tight spreads.

• Direct market access.

• Suitable for scalping.

• Pro Account:

• Advanced trading tools.

• Lower commission fees.

• Dedicated support.

• Islamic Account:

• Compliant with Islamic finance.

• No swap fees.

• Accessible to all traders.

• Demo Account:

• Risk-free trading.

• Practice strategies.

• Access to all instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Higher minimum deposit.

• Commission fees apply.

• Islamic Account:

• Limited features compared to Pro accounts.

• Not suitable for non-Muslim traders.

• Demo Account:

• Limited to virtual funds.

• No real market experience.

aquatrade Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific country regulations.
• Prohibited Countries: Not specified in the sources.

Identity Verification Documents Needed

• Proof of Identity: Valid government-issued ID (passport, ID card, drivers license).
• Proof of Address: Recent utility bill, bank statement, or government correspondence showing name and address.

KYC/AML Compliance Procedures

• All clients must complete KYC (Know Your Customer) verification to comply with AML (Anti-Money Laundering) regulations.

Verification Time Frames

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

Step-by-Step aquatrade Account Opening Guide

1. Visit Website: Go to the official aquatrade website.
2. Click Registration: Locate and click the registration button.
3. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
4. Choose Account Type: Select the type of account you wish to open.
5. Set Trading Preferences: Specify your trading preferences and leverage.
6. Document Upload: Upload the required verification documents.
7. Account Verification: Wait for the account to be verified by aquatrade.
8. Fund Your Account: Deposit the minimum required amount to start trading.
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, but mobile users may find it more convenient due to the app interface.

Common Registration Issues and Solutions

• Issue: Not receiving verification email.
• Solution: Check spam folder or request a resend.
• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet requirements.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

aquatrade Demo Account Guide

Demo Account Features and Benefits

• Access to virtual funds for practice trading.
• Ability to test strategies without financial risk.
• Full access to trading instruments.

How to Open a Demo Account

• Follow the same registration steps as for a live account, but select the demo option.

Demo Account Limitations

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

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 require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts typically do not expire but may have limitations on usage time.

aquatrade Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, aquatrade offers Islamic accounts that are compliant with Islamic finance principles.

Eligibility Requirements

• Must be a Muslim trader.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

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; no interest-based transactions.

FAQs – aquatrade Account Types & Opening

1. What account types does aquatrade offer？

• Aquatrade 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 aquatrade account verification take？

• Verification typically takes 1-3 business days.

1. Does aquatrade offer demo accounts？

• Yes, aquatrade provides demo accounts for practice trading.

1. Can I have multiple account types with aquatrade？

• Yes, you can open multiple account types.

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

• Yes, aquatrade offers Islamic accounts that are swap-free.

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

• Proof of identity and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.