ats Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: ats Account Types Overview
ats Account Types Explained
When considering trading with an ATS (Applicant Tracking System), it's essential to understand the various account types available. Each type caters to different trading needs and profiles. Below is a detailed overview of the available account types:
- 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: User-friendly interface, access to basic trading tools.
- Target User Profile: Beginners and casual traders.
- Trading Instruments Available: Forex, commodities, indices.
- ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Tight spreads starting from 0.1 pips; commission of $5 per lot.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access, faster execution speeds.
- Target User Profile: Experienced traders and scalpers.
- Trading Instruments Available: Forex, commodities, cryptocurrencies.
- 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 1:100.
- Key Features: Advanced trading tools, dedicated account manager.
- Target User Profile: Professional traders and institutions.
- Trading Instruments Available: Forex, commodities, indices, and options.
- 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 charges.
- Target User Profile: Muslim traders.
- Trading Instruments Available: Forex, commodities, indices.
- Demo Account
- Minimum Deposit Requirement: Virtual funds (typically $10,000).
- Spread/Commission Structure: Same as Standard Account.
- Leverage Options: Same as Standard Account.
- Key Features: Risk-free environment to practice trading.
- Target User Profile: Beginners and those testing strategies.
- Trading Instruments Available: All instruments available in live accounts.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account or Demo Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
Part 2: ats Account Features Comparison
Detailed ats Account Features
When comparing the features of different ats account types, several factors come into play:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.1 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5, Proprietary
Islamic: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Instant
Islamic: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Swap-Free Options:
Available for all account types.
Demo Account Features:
Virtual balance, access to all trading instruments, risk-free environment.
Advantages of Each Account Type
-
Standard Account:
Easy to use for beginners.
Low minimum deposit.
Access to a wide range of instruments.
ECN Account:
Tight spreads and lower trading costs.
Fast execution speeds.
Ideal for scalping and high-frequency trading.
Pro Account:
Advanced trading tools and analytics.
Personalized support from account managers.
Suitable for institutional trading.
Islamic Account:
Complies with Islamic finance principles.
No interest charges.
Suitable for Muslim traders.
Demo Account:
Risk-free practice environment.
Helps in strategy testing.
Familiarizes traders with the platform.
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Higher minimum deposit.
Commission fees can add up for frequent traders.
Pro Account:
Requires a higher minimum deposit.
More complex features may overwhelm beginners.
Islamic Account:
Limited availability in some regions.
May have fewer features than standard accounts.
Demo Account:
No real money involved, which may not reflect actual trading conditions.
Limited duration before expiry.
Part 3: ats Account Opening Requirements
ats Account Registration Requirements
To open an ats account, several eligibility criteria must be met:
- Age Requirements: Minimum age of 18 years.
- Geographic Restrictions: Availability may vary by country; check specific regulations.
- Prohibited Countries: Certain jurisdictions may be restricted; consult the ats website for details.
- Identity Verification Documents Needed:
- Government-issued ID (passport or driver's license).
- Proof of address (utility bill or bank statement).
- Proof of Residence Requirements: Recent documents showing your name and address.
- Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.
KYC/AML Compliance Procedures
- Complete Know Your Customer (KYC) verification.
- Anti-Money Laundering (AML) checks are mandatory.
- Verification may include background checks.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: ats Account Opening Process
Step-by-Step ats Account Opening Guide
- Visit Website and Click Registration: Navigate to the ats official website and click on the registration button.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type based on your trading needs.
- Set Trading Preferences: Specify trading preferences including leverage and trading instruments.
- Document Upload: Upload required identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to start trading.
- Start Trading: Access your account and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both platforms, but mobile users may have a simplified 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
- Log into your account and navigate to the account settings to request an upgrade or downgrade.
ats Demo Account Guide
-
Demo Account Features and Benefits:
Access to all trading instruments.
Risk-free trading with virtual funds.
Ability to practice strategies without financial risk.
How to Open a Demo Account:
Visit the ats website and select the demo account option.
Fill in the required information and create an account.
Demo Account Limitations:
Limited duration (typically 30 days).
Virtual funds may not reflect real market conditions.
Virtual Balance Amount:
Usually set at $10,000 for practice purposes.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts require real money.
Live accounts may incur spreads and commissions.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30 days of inactivity.
Part 6: ats Islamic Account (if available)
ats Islamic Account Details
- Swap-Free/Islamic Account Availability: Yes, Islamic accounts are available.
- Eligibility Requirements: Must provide proof of adherence to Islamic finance principles.
- Differences from Standard Accounts: No swap fees applied; otherwise similar features.
- How to Apply for Islamic Account: Select the Islamic account option during registration or contact support for assistance.
- Restrictions or Special Conditions: Must comply with Sharia law; check specific terms with the broker.
FAQs – ats Account Types & Opening
- What account types does ats offer?
- ats offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.
- How long does ats account verification take?
- Verification typically takes 1-3 business days.
- Does ats offer demo accounts?
- Yes, ats provides demo accounts for practice trading.
- Can I have multiple account types with ats?
- Yes, traders can open multiple account types.
- Does ats offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available for compliant traders.
- What documents do I need to open a ats account?
- Government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type through your account settings.
ATS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .