ASBPL broker Accounts

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

atishay Account Types Explained

Atishay offers several account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type available through Atishay.

1. Standard Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:50
• Key Features: Basic trading tools, access to 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: ₹25,000
• Spread/Commission Structure: Low spreads starting from 0.1 pips with a commission of ₹20 per lot.
• Leverage Options: Up to 1:100
• Key Features: Direct market access, faster execution speeds, and no dealing desk intervention.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: ₹50,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a reduced commission.
• Leverage Options: Up to 1:200
• Key Features: Advanced trading tools, priority customer support, and access to exclusive market insights.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: Forex, commodities, indices, and ETFs.

4. Islamic Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Similar to the Standard Account but swap-free.
• Leverage Options: Up to 1:50
• Key Features: Complies with Sharia law, no interest charges on overnight positions.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• 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, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Detailed atishay Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• Suitable for beginners
• Access to educational resources
• ECN Account:
• Tight spreads
• Fast execution speeds
• Direct market access
• Pro Account:
• Advanced trading tools
• Lower commission fees
• Priority customer support
• Islamic Account:
• Complies with Sharia law
• No interest charges
• Demo Account:
• Risk-free trading environment
• Opportunity to practice strategies
• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:
• Limited advanced features
• Higher spreads compared to ECN
• ECN Account:
• Higher minimum deposit
• Commission fees apply
• Pro Account:
• Requires significant capital
• Not suitable for beginners
• Islamic Account:
• Limited to specific instruments
• May have higher spreads
• Demo Account:
• No real money involved
• Limited duration for practice

atishay Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of India and select countries.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
• Identity Verification Documents Needed:
• Government-issued ID (Aadhar card, passport, etc.)
• PAN card
• Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address.
• Additional Documentation for Professional Accounts: Financial statements and proof of trading experience may be required.

KYC/AML Compliance Procedures

Atishay follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures to verify the identity of its clients. This includes the submission of required documents and verification of the information provided.

Verification Time Frames

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

Step-by-Step atishay Account Opening Guide

1. Visit Website and Click Registration

Navigate to the Atishay website and click on the "Open Account" button.

2. Personal Information Entry

Fill in your personal details, including name, email, phone number, and date of birth.

3. Choose Account Type

Select the desired account type based on your trading needs and experience level.

4. Set Trading Preferences

Indicate your trading preferences, including leverage and trading instruments.

5. Document Upload

Upload the required identity verification documents and proof of residence.

6. Account Verification

Wait for the Atishay team to verify your documents and information.

7. Fund Your Account

Once verified, fund your account using the available payment methods.

8. Start Trading

After funding, you can start trading on the Atishay platform.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and size.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

To change your account type, contact Atishay customer support and provide the necessary information regarding your request.

atishay Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments.
• Practice trading strategies without financial risk.
• Educational resources available to enhance trading skills.

How to Open a Demo Account

Visit the Atishay website, navigate to the demo account section, and follow the registration steps to create a demo account.

Demo Account Limitations

• Limited duration (typically 30 days).
• Virtual funds only, no real trading.

Virtual Balance Amount

Demo accounts usually come with a virtual balance of ₹1,000,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Demo accounts may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

Demo accounts typically expire after 30 days of inactivity.

atishay Islamic Account Details

Swap-Free/Islamic Account Availability

Atishay offers Islamic accounts that comply with Sharia law, ensuring no interest charges on overnight positions.

Eligibility Requirements

To qualify for an Islamic account, clients must declare their need for a swap-free account due to religious beliefs.

Differences from Standard Accounts

Islamic accounts have similar features to standard accounts but do not incur swap fees.

How to Apply for Islamic Account

During the account opening process, select the Islamic account option and provide the necessary documentation.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions, including limitations on certain instruments.

FAQs – atishay Account Types & Opening

1. What account types does atishay offer？

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

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

• Standard: ₹10,000, ECN: ₹25,000, Pro: ₹50,000, Islamic: ₹10,000, Demo: N/A.

1. How long does atishay account verification take？

• Verification typically takes 1-3 business days.

1. Does atishay offer demo accounts？

• Yes, Atishay offers demo accounts for practice trading.

1. Can I have multiple account types with atishay？

• Yes, clients can open multiple account types.

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

• Yes, Atishay offers Islamic accounts that comply with Sharia law.

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

• Government-issued ID, PAN card, and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.