ARZAN broker Accounts

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

Part 1: arzan Account Types Overview

arzan Account Types Explained

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

Recommended Account Types by Trader Level

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

Part 2: arzan Account Features Comparison

Detailed arzan Account Features

The following table compares key features across different arzan account types:

Advantages and Disadvantages of Each Account Type

• Standard Account

• Advantages:

• Low minimum deposit

• Suitable for beginners

• No commission fees

• Disadvantages:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account

• Advantages:

• Low spreads

• Direct market access

• Suitable for scalping

• Disadvantages:

• Higher minimum deposit

• Commission fees apply

• Pro Account

• Advantages:

• Fixed spreads

• Advanced trading tools

• Priority execution

• Disadvantages:

• Higher minimum deposit

• Not suitable for beginners

• Islamic Account

• Advantages:

• Swap-free

• Compliant with Sharia law

• Disadvantages:

• Higher minimum deposit than Standard

• Limited availability of features

• Demo Account

• Advantages:

• Free to open

• Practice trading without risk

• Disadvantages:

• No real money involved

• Limited duration

Part 3: arzan Account Opening Requirements

arzan Account Registration Requirements

To open an account with arzan, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by region; check local regulations.
• Prohibited Countries: Specific countries may be restricted; refer to arzans 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: Recent documents 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 complete a Know Your Customer (KYC) process.
• Anti-Money Laundering (AML) checks are conducted as part of the verification process.

Verification Time Frames

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

Part 4: arzan Account Opening Process

Step-by-Step arzan Account Opening Guide

1. Visit Website and Click Registration: Go to the arzan website and find the registration button.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Once verified, deposit funds into your trading account.
8. Start Trading: Begin trading on your selected platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may be more streamlined.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delays in 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

• Account type changes can typically be requested through the account management section of the website or by contacting customer support.

Part 5: arzan Demo Account Information

arzan Demo Account Guide

• Demo Account Features and Benefits:
• Access to all trading instruments available in live accounts.
• Practice trading strategies without financial risk.
• 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 (usually 30 days).
• Virtual funds only, no real trading.
• Virtual Balance Amount: Typically, demo accounts come with a virtual balance of $10,000.
• Demo vs Live Account Differences:
• Demo accounts use virtual money, while live accounts involve real funds.
• Duration/Expiry of Demo Accounts: Demo accounts usually expire after 30 days of inactivity.

Part 6: arzan Islamic Account (if available)

arzan Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, arzan offers Islamic accounts that comply with Sharia law.
• Eligibility Requirements: Must be a Muslim trader; proof of religious affiliation may be required.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees, which are typically charged on overnight positions.
• How to Apply for Islamic Account: Select the Islamic account option during the registration process or contact customer support.
• Restrictions or Special Conditions: Islamic accounts may have specific trading conditions or limits on certain instruments.

FAQs – arzan Account Types & Opening

1. What account types does arzan offer？

• Arzan 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: $200, Demo: Free.

1. How long does arzan account verification take？

• Verification typically takes 1-3 business days.

1. Does arzan offer demo accounts？

• Yes, arzan provides demo accounts for practice trading.

1. Can I have multiple account types with arzan？

• Yes, traders can open multiple account types.

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

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

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

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, account type changes can be requested through the account management section or customer support.