ARHAMSHARE broker Accounts

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

arham Account Types Explained

Arham offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: ₹5,000
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features: Basic trading tools, access to all major currency pairs, and educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

2. ECN Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Raw spreads starting from 0.1 pips, with a commission fee of ₹20 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds, and lower spreads.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: ₹25,000
• Spread/Commission Structure: Fixed spreads starting from 1 pip, with lower commission fees.
• Leverage Options: Up to 1:500
• Key Features: Advanced trading tools, priority customer support, and tailored trading strategies.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

4. Islamic Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Similar to the Standard or ECN account, but with no swap fees.
• Leverage Options: Up to 1:100
• Key Features: Swap-free trading options compliant with Sharia law.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as the Standard account.
• Leverage Options: Up to 1:100
• Key Features: Practice trading with virtual funds, access to all trading instruments, and educational resources.
• Target User Profile: Beginners and those looking to test strategies.
• Trading Instruments Available: Forex, commodities, and indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed arham Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account: Easy to use, suitable for beginners, and no commission fees.
• ECN Account: Lower spreads, faster execution, and direct market access.
• Pro Account: Tailored support, advanced tools, and higher leverage.
• Islamic Account: Compliant with Sharia law, no swap fees.
• Demo Account: Risk-free trading environment, practice without financial commitment.

Disadvantages of Each Account Type

• Standard Account: Limited advanced features.
• ECN Account: Higher minimum deposit and commission fees.
• Pro Account: Higher minimum deposit requirement.
• Islamic Account: Limited to specific trading instruments.
• Demo Account: Virtual funds only, not suitable for real trading experience.

arham Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries; however, specific restrictions may apply.
• Prohibited Countries: Residents from certain countries may be restricted from opening accounts.
• Identity Verification Documents Needed: PAN card, Aadhaar card, and government-issued ID.
• Proof of Residence Requirements: Utility bill or bank statement showing the current address.
• Additional Documentation for Professional Accounts: Financial statements and proof of trading experience may be required.

KYC/AML Compliance Procedures

• Clients must complete the Know Your Customer (KYC) process, which includes identity verification and proof of address.
• Anti-Money Laundering (AML) checks are performed during the account opening process.

Verification Time Frames

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

Step-by-Step arham Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the Arham website and select the account type you wish to open.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required documents for identity and address verification.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile users may have a simplified interface for document uploads.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• 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, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Clients can request to upgrade or downgrade their account type through the customer support portal or by contacting their account manager.

arham Demo Account Guide

Demo Account Features and Benefits

• The demo account allows users to practice trading with virtual funds, access to all trading instruments, and educational resources.

How to Open a Demo Account

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

Demo Account Limitations

• The demo account is limited to virtual funds and does not provide real trading experience.

Virtual Balance Amount

• The demo account typically comes with a virtual balance of ₹1,000,000.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money and trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, after which they may need to be renewed.

arham Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

• Clients must declare their intention to open an Islamic account and may need to provide additional documentation.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Clients can select the Islamic account option during the registration process or request it through customer support.

Restrictions or Special Conditions

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

FAQs – arham Account Types & Opening

1. What account types does arham offer？

• Arham offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: ₹5,000, ECN: ₹10,000, Pro: ₹25,000, Islamic: ₹10,000, Demo: N/A.

1. How long does arham account verification take？

• Verification typically takes 1-3 business days.

1. Does arham offer demo accounts？

• Yes, arham offers demo accounts for practice trading.

1. Can I have multiple account types with arham？

• Yes, clients can hold multiple account types.

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

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

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

• PAN card, Aadhaar card, and proof of residence.

1. Can I change my account type after registration？

• Yes, clients can request to upgrade or downgrade their account type through customer support.