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Rating Index
1.57
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
7.44

Pros

Offers access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Provides a user-friendly trading platform with good execution speed and customer support.
Has a relatively high overall rating of 4.3/10, indicating some positive aspects of their services.

Cons

Unregulated, which raises concerns about the safety and security of client funds.
Not offering popular trading platforms like MT4 or MT5 may limit trading options for users accustomed to those systems.
The company is relatively new, having been established in 2019, which may lead to concerns regarding its reliability and experience in the market.

ASSL broker Accounts

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

Part 1: assl Account Types Overview

assl Account Types Explained

ASSL offers various account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Fixed spreads from 1.5 pips Up to 1:500 Easy to use, suitable for beginners Beginners Forex, commodities, indices
ECN $500 Variable spreads, commission per trade Up to 1:200 Direct market access, lower spreads Advanced traders Forex, commodities, indices
Pro $1,000 Commission-based, lower spreads Up to 1:100 Professional trading tools, advanced features Institutional Forex, commodities, indices
Islamic $500 Fixed spreads from 1.5 pips Up to 1:500 Swap-free, compliant with Sharia law Muslim traders Forex, commodities, indices
Demo N/A N/A N/A Practice trading without risk All levels Forex, commodities, indices

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

Part 2: assl Account Features Comparison

Detailed assl Account Features

When comparing the features of different ASSL account types, the following aspects are crucial:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $500 N/A
Maximum Leverage 1:500 1:200 1:100 1:500 N/A
Spreads Fixed from 1.5 pips Variable Commission-based Fixed from 1.5 pips N/A
Commission Fees None Yes Yes None N/A
Lot Size Standard Micro/Mini/Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market 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 of Each Account Type

  • Standard Account:
  • User-friendly interface
  • Fixed spreads for easier budgeting
  • Suitable for beginners
  • ECN Account:
  • Direct market access for better pricing
  • Lower spreads during high volatility
  • Ideal for scalpers and high-frequency traders
  • Pro Account:
  • Advanced trading tools and features
  • Lower commission rates for high-volume traders
  • Suitable for institutional clients
  • Islamic Account:
  • Compliant with Sharia law
  • No interest or swap fees
  • Suitable for Muslim traders
  • Demo Account:
  • Risk-free environment to practice trading
  • Access to all trading instruments
  • Ideal for testing strategies

Disadvantages of Each Account Type

  • Standard Account:
  • Higher spreads compared to ECN
  • Limited advanced features
  • ECN Account:
  • Requires a higher minimum deposit
  • Commission fees can add up
  • Pro Account:
  • Higher minimum deposit requirement
  • More complex trading tools may overwhelm beginners
  • Islamic Account:
  • Limited availability of features compared to other accounts
  • May have restrictions on certain trading strategies
  • Demo Account:
  • No real money trading experience
  • Limited duration before expiration

Part 3: assl Account Opening Requirements

assl Account Registration Requirements

To open an ASSL account, the following eligibility criteria and documentation are required:

  • Eligibility Criteria:

  • Minimum age of 18 years

  • Must be a resident of a country where ASSL operates

  • No prohibited countries as per ASSL's regulations

  • Identity Verification Documents Needed:

  • Government-issued ID (passport, driver's license)

  • Proof of address (utility bill, bank statement)

  • Proof of Residence Requirements:

  • Recent utility bill or bank statement showing your name and address

  • Additional Documentation for Professional Accounts:

  • Business registration documents (for corporate accounts)

  • Additional financial documents may be required

  • KYC/AML Compliance Procedures:

  • All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

  • Verification Time Frames:

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

Part 4: assl Account Opening Process

Step-by-Step assl Account Opening Guide

Follow these steps to register for an ASSL account:

  1. Visit Website and Click Registration:
  • Go to the official ASSL website and click on the registration link.
  1. Personal Information Entry:
  • Fill out the registration form with your personal details, including name, email, and phone number.
  1. Choose Account Type:
  • Select the account type that best suits your trading needs.
  1. Set Trading Preferences:
  • Specify your trading preferences, including leverage and trading instruments.
  1. Document Upload:
  • Upload the required identity verification documents.
  1. Account Verification:
  • Wait for ASSL to verify your documents and account information.
  1. Fund Your Account:
  • Once verified, deposit funds into your account using the available payment methods.
  1. Start Trading:
  • Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified forms.

Common Registration Issues and Solutions

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

Average Account Approval Time

  • The average time for account approval is between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

  • Contact ASSL customer support to request an upgrade or downgrade of your account type.

Part 5: assl Demo Account Information

assl Demo Account Guide

  • Demo Account Features and Benefits:

  • Provides a risk-free environment to practice trading strategies.

  • Access to all trading instruments available in live accounts.

  • How to Open a Demo Account:

  • Visit the ASSL website and select the demo account option during registration.

  • Demo Account Limitations:

  • Limited duration before the account expires (typically 30 days).

  • Virtual Balance Amount:

  • A virtual balance is usually set at $10,000 for practice purposes.

  • Demo vs Live Account Differences:

  • Demo accounts do not involve real money, while live accounts require actual funds.

  • Duration/Expiry of Demo Accounts:

  • Demo accounts typically expire after 30 days of inactivity.

Part 6: assl Islamic Account (if available)

assl Islamic Account Details

  • Swap-free/Islamic Account Availability:

  • ASSL offers Islamic accounts that comply with Sharia law.

  • Eligibility Requirements:

  • Must be a Muslim trader seeking a swap-free trading option.

  • Differences from Standard Accounts:

  • Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

  • 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 and restrictions on certain instruments.

FAQs – assl Account Types & Opening

  1. What account types does assl offer?
  • ASSL 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.
  1. How long does assl account verification take?
  • Verification typically takes 1 to 3 business days.
  1. Does assl offer demo accounts?
  • Yes, ASSL provides demo accounts for practice trading.
  1. Can I have multiple account types with assl?
  • Yes, you can have multiple account types, but you need to manage them separately.
  1. Does assl offer Islamic/swap-free accounts?
  • Yes, ASSL offers Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a assl account?
  • A government-issued ID and proof of address 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.
ASSL accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
ASSL Account