arigato money Account Types Explained
Arigato Money offers several account types tailored to different trading needs and experiences. Below is a detailed overview of each account type available:
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: Ideal for beginners; access to a wide range of trading instruments.
- Target User Profile: Beginner traders.
- Trading Instruments Available: Forex, commodities, indices.
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Spreads from 0.0 pips; commission of $3 per lot.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access; lower spreads; suitable for scalpers and high-frequency traders.
- Target User Profile: Advanced and professional traders.
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Spreads from 0.1 pips; commission of $2 per lot.
- Leverage Options: Up to 1:100.
- Key Features: Enhanced trading conditions; priority customer support.
- Target User Profile: Experienced traders and institutional clients.
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to the Standard Account; no swap fees.
- Leverage Options: Up to 1:500.
- Key Features: Compliant with Sharia law; no interest fees.
- Target User Profile: Muslim traders.
- Trading Instruments Available: Forex, commodities, indices.
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 without risk; access to all trading instruments.
- Target User Profile: Beginners and traders wanting to test strategies.
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account.
- Intermediate: ECN Account.
- Advanced: Pro Account, Islamic Account.
arigato money Account Features Comparison
Detailed arigato money Account Features
The following section compares the features across different arigato money 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: 1:100
Islamic: 1:500
Spreads (Typical/Minimum):
Standard: 1.0 pips
ECN: 0.0 pips
Pro: 0.1 pips
Islamic: 1.0 pips
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Lot Size:
Standard: Micro
ECN: Mini
Pro: Standard
Islamic: Micro
Available Trading Platforms:
All account types support MT4 and MT5.
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Islamic Account Availability:
Available for Standard and Islamic accounts.
Swap-Free Options:
Available for Islamic accounts.
Demo Account Features:
Virtual balance; access to all trading instruments.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit.
No commission fees.
User-friendly for beginners.
ECN Account:
Tight spreads.
Direct market access.
Suitable for high-frequency trading.
Pro Account:
Lower commission fees.
Enhanced trading conditions.
Priority support.
Islamic Account:
Compliant with Sharia law.
No interest fees.
Demo Account:
Risk-free trading environment.
Practice with real market conditions.
Unlimited access to 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 apply.
Pro Account:
High minimum deposit.
Commission fees apply.
Islamic Account:
Limited to specific trading conditions.
May not be suitable for all traders.
Demo Account:
Virtual funds only.
Limited duration for practice.
arigato money Account Opening Requirements
arigato money Account Registration Requirements
To open an arigato money account, the following eligibility criteria must be met:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
- Prohibited Countries: Specific countries may be restricted; check the arigato money website for details.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID).
- Proof of address (utility bill or bank statement).
- Proof of Residence Requirements: Must provide a document showing your current address.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
- All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and prevent fraud.
Verification Time Frames
- Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.
arigato money Account Opening Process
Step-by-Step arigato money Account Opening Guide
- Visit Website and Click Registration: Go to the arigato money website and find the registration button.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that suits your trading needs.
- Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to activate your account.
- Start Trading: Once your account is funded, you can begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, with slight variations in layout and navigation.
Common Registration Issues and Solutions
-
Issue: Document upload failures.
Solution: Ensure documents are clear and in the accepted formats.
Issue: Delayed verification.
Solution: Contact customer support for assistance.
Average Account Approval Time
- The average account approval time is between 1 to 3 business days.
How to Upgrade/Downgrade Account Types
- To change your account type, contact customer support and provide the necessary details for the upgrade or downgrade.
arigato money Demo Account Guide
-
Demo Account Features and Benefits:
Practice trading without financial risk.
Access to all trading instruments.
Ability to test strategies in real market conditions.
How to Open a Demo Account:
Visit the arigato money website and select the demo account option.
Fill in the required information and submit your application.
Demo Account Limitations:
Limited to virtual funds; cannot be used for real trading.
Virtual Balance Amount:
Typically set at $10,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Market conditions may differ slightly due to liquidity and execution speed.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a certain period; check the terms on the arigato money website.
arigato money Islamic Account Details
arigato money Islamic Account Details
-
Swap-Free/Islamic Account Availability:
Islamic accounts are available for traders who require compliance with Sharia law.
Eligibility Requirements:
Must provide documentation confirming the need for an Islamic account.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees; otherwise, features are similar to standard accounts.
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 specific trading conditions; consult the arigato money website for details.
FAQs – arigato money Account Types & Opening
- What account types does arigato money offer?
- Arigato money offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
- How long does arigato money account verification take?
- Account verification typically takes between 1 to 3 business days.
- Does arigato money offer demo accounts?
- Yes, arigato money offers demo accounts for practice trading.
- Can I have multiple account types with arigato money?
- Yes, you can have multiple account types, but you may need to contact support for changes.
- Does arigato money offer Islamic/swap-free accounts?
- Yes, arigato money offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a arigato money account?
- A government-issued ID and proof of address are required.
- Can I change my account type after registration?
- Yes, you can change your account type by contacting customer support.
ARIGATO MONEY accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .