ATOM8 broker Accounts

atom8 Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: atom8 Account Types Overview

atom8 Account Types Explained

atom8 offers several account types tailored to meet the needs of different traders. Below is a comprehensive overview of each account type:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners; user-friendly interface.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; lower spreads; suitable for high-frequency trading.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Advanced trading tools; priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law; no interest fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment; practice trading strategies.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

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: atom8 Account Features Comparison

Detailed atom8 Account Features

The following table compares key features across different atom8 account types:

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly for beginners.

• No commission fees.

• ECN Account:

• Direct market access.

• Tight spreads for high-frequency trading.

• Suitable for scalping.

• Pro Account:

• Advanced trading tools.

• Lower commission fees.

• Priority customer support.

• Islamic Account:

• Compliant with Sharia law.

• No interest fees.

• Demo Account:

• Risk-free trading environment.

• Ideal for strategy testing.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited features for advanced traders.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Higher minimum deposit.

• Commission fees apply.

• Islamic Account:

• Limited availability of trading instruments.

• Demo Account:

• Virtual balance may not reflect real market conditions.

• Limited duration for practice.

Part 3: atom8 Account Opening Requirements

atom8 Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific restrictions.
• Prohibited Countries: Countries under sanctions or restrictions may be prohibited.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, driver's license).
• Proof of Residence: Utility bill, bank statement, or any official document showing your name and address.

Additional Documentation for Professional Accounts

• Proof of Income: Recent pay slips or tax returns may be required for professional accounts.

KYC/AML Compliance Procedures

• Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is mandatory.

Verification Time Frames

• Account verification typically takes 1-3 business days.

Part 4: atom8 Account Opening Process

Step-by-Step atom8 Account Opening Guide

1. Visit Website and Click Registration: Go to the atom8 website and click on the registration button.
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 suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit the required minimum amount to activate your account.
8. Start Trading: Once your account is funded, you can start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are clear and in the correct format.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can contact customer support to request an upgrade or downgrade of their account type.

Part 5: atom8 Demo Account Information

atom8 Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to the same trading platform and tools as live accounts.

How to Open a Demo Account

• Follow the same registration process and select the demo account option.

Demo Account Limitations

• Limited to a virtual balance and may have time restrictions.

Virtual Balance Amount

• Typically set at $10,000 for practice purposes.

Demo vs Live Account Differences

• Demo accounts do not involve real money and are used for practice only.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days unless extended.

Part 6: atom8 Islamic Account Details

atom8 Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, atom8 offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must provide documentation confirming the need for an Islamic account.

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

• Limited availability of certain trading instruments compared to standard accounts.

FAQs – atom8 Account Types & Opening

1. What account types does atom8 offer？

• atom8 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: Virtual balance.

1. How long does atom8 account verification take？

• Account verification typically takes 1-3 business days.

1. Does atom8 offer demo accounts？

• Yes, atom8 provides demo accounts for practice trading.

1. Can I have multiple account types with atom8？

• Yes, users can have multiple account types.

1. Does atom8 offer Islamic/swap-free accounts？

• Yes, atom8 offers Islamic accounts that comply with Sharia law.

1. What documents do I need to open a atom8 account？

• A government-issued 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.