ATRADE broker Accounts

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

atrade Account Types Explained

Atrade offers several account types tailored to different trading needs and experience levels. Below is a comprehensive overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Floating spreads starting from 0.6 pips
• Leverage Options: Up to 1:100
• Key Features: Suitable for both novice and experienced traders, quick trade execution, and known fees.
• Target User Profile: Beginners to intermediate traders
• Trading Instruments Available: CFDs on currency pairs, stocks, indices, metals, commodities, energies, and bonds.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads with a commission fee of $5 per lot
• Leverage Options: Up to 1:100
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders and professionals
• Trading Instruments Available: Similar to the Standard Account, with enhanced trading conditions.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads with lower commission fees
• Leverage Options: Up to 1:100
• Key Features: Designed for high-volume traders with advanced trading tools and analytics.
• Target User Profile: Professional traders and institutional clients
• Trading Instruments Available: Comprehensive range of CFDs and Forex pairs.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard Account
• Leverage Options: Up to 1:100
• Key Features: Swap-free account compliant with Islamic finance principles.
• Target User Profile: Muslim traders seeking compliance with Sharia law.
• Trading Instruments Available: Same as Standard Account.

5. Demo Account

• Minimum Deposit Requirement: None (virtual funds)
• Spread/Commission Structure: Simulated trading conditions
• Leverage Options: Up to 1:100 (simulated)
• Key Features: Allows users to practice trading without financial risk.
• Target User Profile: Beginners and those wishing to test strategies.
• Trading Instruments Available: All instruments available in live accounts.

Detailed atrade Account Features

Comparison of Account Features

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to a wide range of instruments

• ECN Account:

• Direct market access

• Lower trading costs for high-volume traders

• Enhanced execution speed

• Pro Account:

• Tailored for professional traders

• Competitive pricing

• Advanced trading tools

• Islamic Account:

• Complies with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Ideal for practice and strategy testing

• Full access to trading platforms

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may deter casual traders

• Pro Account:

• Requires significant capital

• May be overwhelming for beginners

• Islamic Account:

• Limited to Muslim traders

• May have fewer features than standard accounts

• Demo Account:

• No real financial gain

• Limited duration for practice

atrade Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific restrictions may apply.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide documentation showing current residence.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

Atrade adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address before trading.

Verification Time Frames

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

Step-by-Step atrade Account Opening Guide

Detailed Registration Process

1. Visit Website: Go to the Atrade website and click on the registration button.
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: Specify your trading preferences and risk tolerance.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your account using available payment methods.
8. Start Trading: Once funded, you can begin trading on the platform.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, though mobile may offer a more streamlined experience.

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

Typically, account approval takes 1-3 business days, but it can vary based on document submission.

How to Upgrade/Downgrade Account Types

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

atrade Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments and tools available in live accounts.
• Benefits: Allows traders to practice strategies without financial risk.

How to Open a Demo Account

• Visit the Atrade website and select the demo account option.
• Fill out the registration form and submit.

Demo Account Limitations

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

Virtual Balance Amount

Demo accounts usually come with a virtual balance of $100,000 for practice.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

Demo accounts typically expire after 30 days of inactivity.

atrade Islamic Account Details

Swap-Free/Islamic Account Availability

Atrade offers an Islamic account that is compliant with Sharia law, providing a swap-free trading environment.

Eligibility Requirements

• Must be a practicing Muslim.
• Verification of religious beliefs may be required.

Differences from Standard Accounts

Islamic accounts do not incur swap fees, making them suitable for long-term holding.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.
• Provide necessary documentation to verify eligibility.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions, such as limited leverage or instrument availability.

FAQs – atrade Account Types & Opening

1. What account types does atrade offer？

• Atrade 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: None.

1. How long does atrade account verification take？

• Verification typically takes 1-3 business days.

1. Does atrade offer demo accounts？

• Yes, atrade provides demo accounts for practice trading.

1. Can I have multiple account types with atrade？

• Yes, clients can hold multiple account types.

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

• Yes, atrade offers Islamic accounts compliant with Sharia law.

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

• A government-issued ID and proof of residence.

1. Can I change my account type after registration？

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