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Pros

Ariston offers a wide range of insurance products, allowing clients to find tailored solutions for their specific needs.
The agency has a strong reputation for exceptional customer service, with many clients praising the professionalism and responsiveness of the staff.
With over 40 years of experience in the industry, Ariston has established itself as a trusted provider in New York, instilling confidence in potential clients.

Cons

As an independent agency, Ariston may have limited access to certain insurance providers, which could restrict options for clients looking for specific coverage.
The agency's physical location in Brooklyn may not be convenient for clients outside the New York area, potentially limiting their reach.
Some clients may find that the process of comparing policies through an independent broker can be more time-consuming than working directly with specific insurance companies.

Ariston broker Accounts

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

ariston Account Types Explained

Ariston offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available:

1. Standard Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips
  • Leverage Options: Up to 1:500
  • Key Features: Basic trading tools, access to major currency pairs, and standard account management.
  • Target User Profile: Beginners and casual traders.
  • Trading Instruments Available: Forex, commodities, and indices.

2. ECN Account

  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Spreads from 0.1 pips with a commission of $3 per lot.
  • Leverage Options: Up to 1:200
  • Key Features: Direct market access, lower spreads, and faster execution.
  • Target User Profile: Intermediate to advanced traders.
  • Trading Instruments Available: Forex, commodities, and cryptocurrencies.

3. Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Spreads from 0.0 pips with a commission of $2 per lot.
  • Leverage Options: Up to 1:100
  • Key Features: Advanced trading tools, priority customer support, and tailored trading solutions.
  • Target User Profile: Professional and institutional traders.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to the Standard Account.
  • Leverage Options: Up to 1:500
  • Key Features: Swap-free trading options compliant with Islamic law.
  • Target User Profile: Muslim traders seeking Sharia-compliant trading.
  • Trading Instruments Available: Forex and commodities.

5. Demo Account

  • Minimum Deposit Requirement: N/A (virtual funds)
  • Spread/Commission Structure: Simulated spreads.
  • Leverage Options: Up to 1:500 (simulated).
  • Key Features: Practice trading with virtual funds, access to all trading tools.
  • Target User Profile: Beginners and traders looking to test strategies.
  • Trading Instruments Available: Forex, commodities, and indices.

Account Type Comparison Table

Account Type Minimum Deposit Spread (pips) Commission Leverage Target User Profile
Standard $100 From 1.5 None Up to 1:500 Beginners
ECN $500 From 0.1 $3/lot Up to 1:200 Intermediate
Pro $1,000 From 0.0 $2/lot Up to 1:100 Professionals
Islamic $100 Similar to Standard None Up to 1:500 Muslim Traders
Demo N/A Simulated None Up to 1:500 Beginners

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

Detailed ariston Account Features

Account Features Comparison

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage 1:500 1:200 1:100 1:500 1:500
Spreads (Typical/Minimum) 1.5 0.1 0.0 Similar to Standard Simulated
Commission Fees None $3/lot $2/lot None None
Lot Size Standard Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN ECN Market N/A
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features No No No No Yes

Advantages and Disadvantages of Each Account Type

Standard Account

  • Advantages:
  • Low minimum deposit.
  • No commission fees.
  • Suitable for beginners.
  • Disadvantages:
  • Higher spreads.
  • Limited trading tools.

ECN Account

  • Advantages:
  • Tight spreads and lower trading costs.
  • Faster execution speeds.
  • Direct market access.
  • Disadvantages:
  • Higher minimum deposit.
  • Commission fees apply.

Pro Account

  • Advantages:
  • Best spreads and lowest commissions.
  • Advanced trading tools and support.
  • Disadvantages:
  • High minimum deposit.
  • More suited for experienced traders.

Islamic Account

  • Advantages:
  • Compliant with Islamic law.
  • No swap fees.
  • Disadvantages:
  • Limited to specific trading instruments.

Demo Account

  • Advantages:
  • Risk-free trading with virtual funds.
  • Full access to trading tools.
  • Disadvantages:
  • No real profits.
  • Limited to a certain duration.

ariston Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available in most countries, but specific restrictions may apply based on local regulations.
  • Prohibited Countries: Countries under international sanctions may not be eligible.
  • Identity Verification Documents Needed:
  • Valid government-issued ID (passport or driver's license).
  • Proof of address (utility bill or bank statement).
  • Proof of Residence Requirements: Recent documents showing your name and address.
  • Additional Documentation for Professional Accounts: Business registration documents may be required for institutional accounts.

KYC/AML Compliance Procedures

  • All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which include verifying the identity of clients and monitoring transactions.

Verification Time Frames

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

Step-by-Step ariston Account Opening Guide

Registration Process

  1. Visit Website and Click Registration: Go to the official Ariston website and select the registration option.
  2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
  3. Choose Account Type: Select the account type that best suits your trading needs.
  4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
  5. Document Upload: Upload required identity verification documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the required minimum 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 desktop and mobile platforms, but mobile users may have a more streamlined experience with fewer steps.

Common Registration Issues and Solutions

  • Issue: Document upload failure.
  • Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
  • Issue: Email confirmation not received.
  • Solution: Check spam/junk folders and resend confirmation if necessary.

Average Account Approval Time

  • The average account approval time is 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

  • Contact customer support to request an upgrade or downgrade of your account type, providing any necessary documentation or information.

ariston Demo Account Guide

Demo Account Features and Benefits

  • The demo account allows traders to practice trading strategies without financial risk, using virtual funds.

How to Open a Demo Account

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

Demo Account Limitations

  • The demo account is typically limited in duration and may not provide access to all trading instruments available in live accounts.

Virtual Balance Amount

  • The virtual balance amount varies but typically starts at $10,000.

Demo vs Live Account Differences

  • Demo accounts use virtual funds and do not involve real trading, while live accounts require real money and involve actual trading risks.

Duration/Expiry of Demo Accounts

  • Demo accounts usually expire after 30 days of inactivity, but this can vary based on the broker's policies.

ariston Islamic Account Details

Swap-Free/Islamic Account Availability

  • Ariston offers Islamic accounts that comply with Sharia law, allowing for trading without swap fees.

Eligibility Requirements

  • Traders must declare their need for an Islamic account and may need to provide additional documentation.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees and may have different trading conditions.

How to Apply for Islamic Account

  • During the registration process, select the Islamic account option and provide any required documentation.

Restrictions or Special Conditions

  • Islamic accounts may have restrictions on certain trading instruments or strategies that involve interest.

FAQs – ariston Account Types & Opening

  1. What account types does ariston offer?
  • Ariston 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 ariston account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does ariston offer demo accounts?
  • Yes, ariston offers demo accounts for practice trading.
  1. Can I have multiple account types with ariston?
  • Yes, traders can open multiple account types as needed.
  1. Does ariston offer Islamic/swap-free accounts?
  • Yes, ariston provides Islamic accounts that comply with Sharia law.
  1. What documents do I need to open a ariston account?
  • A valid ID and proof of residence 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.

Ariston accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Ariston Account