ASIA PLUS broker Accounts

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

Part 1: asia plus Account Types Overview

asia plus Account Types Explained

Asia Plus offers a variety of account types designed to cater to different trading needs and preferences. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:100
• Key Features: Ideal for beginners; offers access to a wide range of trading instruments.
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices, and stocks.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips; commission of $5 per lot traded.
• Leverage Options: Up to 1:200
• Key Features: Direct market access; suitable for high-frequency traders.
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, and indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; lower commission rates.
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions; suitable for professional traders.
• Target User Profile: Institutional and professional traders
• Trading Instruments Available: Forex, commodities, indices, and stocks.

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free.
• Leverage Options: Up to 1:100
• Key Features: Complies with Sharia law; no swap fees.
• Target User Profile: Traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Reflects real market conditions.
• Leverage Options: Up to 1:100
• Key Features: Practice trading without financial risk; access to all trading instruments.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Sharia-compliant Traders: Islamic Account
• Strategy Testers: Demo Account

Part 2: asia plus Account Features Comparison

Detailed asia plus Account Features

The following features are compared across the different account types:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:100

• Demo: 1:100

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard/ECN

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: Lower than ECN

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5, proprietary platform

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Islamic Account type only.

• Swap-Free Options:

• Available for Islamic Account.

• Demo Account Features:

• Virtual balance for practice trading; access to all instruments.

Advantages of Each Account Type

• Standard Account:

• Easy to open; no commission fees; suitable for beginners.

• ECN Account:

• Tight spreads; direct market access; ideal for high-frequency trading.

• Pro Account:

• Enhanced trading conditions; lower commissions; suitable for professionals.

• Islamic Account:

• Complies with Sharia law; no swap fees; suitable for Muslim traders.

• Demo Account:

• Risk-free trading; practice strategies; access to real market conditions.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN; limited advanced features.

• ECN Account:

• Requires higher minimum deposit; commission fees may add up.

• Pro Account:

• Higher minimum deposit; may not be suitable for casual traders.

• Islamic Account:

• Limited to specific trading conditions; may have fewer features than other accounts.

• Demo Account:

• No real financial gain; may not reflect emotional aspects of live trading.

Part 3: asia plus Account Opening Requirements

asia plus Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Open to residents of most countries; specific restrictions may apply.
• Prohibited Countries: Countries under sanctions or restrictions may be prohibited.
• Identity Verification Documents Needed:
• Government-issued ID (passport, national ID).
• Proof of residence (utility bill, bank statement).
• Proof of Residence Requirements: Must be current and show the applicant's name and 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, which include identity verification and source of funds checks.

Verification Time Frames

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

Part 4: asia plus Account Opening Process

Step-by-Step asia plus Account Opening Guide

1. Visit Website and Click Registration: Go to the asia plus website and select the account registration option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload required documents for identity and address verification.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded and verified, you can begin trading.

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 errors.
• Solution: Ensure documents are clear and meet the required format.
• Issue: Delays in verification.
• Solution: Check email for any requests for additional information.

Average Account Approval Time

• The average time for account approval is 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Account types can be changed by contacting customer support and providing the necessary documentation for the new account type.

Part 5: asia plus Demo Account Information

asia plus Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to all trading instruments available in live accounts.
• Real-time market conditions for realistic trading experience.

How to Open a Demo Account

• Visit the asia plus website and select the demo account option.
• Fill in the required information and submit the application.

Demo Account Limitations

• The demo account is limited to virtual funds and does not provide real financial gains.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000 or more, depending on the platform.

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts require actual funds and involve emotional trading aspects.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period, usually 30-90 days, but can often be renewed.

Part 6: asia plus Islamic Account (if available)

asia plus Islamic Account Details

Swap-Free/Islamic Account Availability

• Asia Plus offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

• Applicants must declare their need for a swap-free 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

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions or limitations compared to standard accounts.

FAQs – asia plus Account Types & Opening

1. What account types does asia plus offer？

• Asia Plus 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: $500, Demo: N/A.

1. How long does asia plus account verification take？

• Verification typically takes 1-3 business days.

1. Does asia plus offer demo accounts？

• Yes, asia plus provides demo accounts for practice trading.

1. Can I have multiple account types with asia plus？

• Yes, you can open multiple account types as needed.

1. Does asia plus offer Islamic/swap-free accounts？

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

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

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

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type by contacting customer support.