atuk offers several account types tailored to different trading needs. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | None | Up to 1:500 | Beginner |
| ECN | $500 | From 0.1 pips | $5/lot | Up to 1:200 | Advanced |
| Pro | $1,000 | From 0.0 pips | $3/lot | Up to 1:400 | Professional |
| Islamic | $100 | Similar to Standard | None | Up to 1:500 | Muslim Traders |
| Demo | N/A | Similar to Standard | None | Up to 1:500 | All Levels |
When comparing the features of atuk account types, consider the following aspects:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:400
Islamic: Up to 1:500
Demo: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.1 pips
Pro: From 0.0 pips
Islamic: Similar to Standard
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: $5/lot
Pro: $3/lot
Islamic: None
Demo: None
Lot Size:
Standard: Standard lots
ECN: Micro, mini, and standard lots
Pro: Micro, mini, and standard lots
Islamic: Standard lots
Demo: Standard lots
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic Account only.
Swap-Free Options: Available for Islamic Account.
Demo Account Features: Full access to trading instruments with virtual funds.
Standard Account:
User-friendly for beginners.
No commission fees.
Wide range of instruments.
ECN Account:
Tight spreads for active traders.
Direct market access.
Suitable for scalping.
Pro Account:
Best conditions for high-volume trading.
Low commission rates.
Advanced trading tools.
Islamic Account:
Compliant with Sharia law.
No interest charges.
Similar features to Standard Account.
Demo Account:
Risk-free trading environment.
Full access to trading features.
Ideal for practice and strategy testing.
Standard Account:
Higher spreads compared to ECN.
Limited to beginners.
ECN Account:
Higher minimum deposit required.
Commission fees can add up.
Pro Account:
Significant minimum deposit.
Not suitable for casual traders.
Islamic Account:
Limited to Muslim traders.
May have fewer features than Pro accounts.
Demo Account:
No real money involved.
Limited to virtual trading conditions.
To open an atuk account, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
Prohibited Countries: Check atuk's website for a list of restricted countries.
Identity Verification Documents Needed:
Government-issued ID (passport, drivers license).
Proof of residence (utility bill, bank statement).
Additional Documentation for Professional Accounts:
Proof of trading experience.
Financial statements may be required.
KYC/AML Compliance Procedures:
Complete identity verification as per KYC (Know Your Customer) regulations.
Anti-Money Laundering (AML) checks will be conducted.
Verification Time Frames:
Typically, account verification takes 1-3 business days.
Issue: Document upload failure.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification delays.
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Access to all trading instruments with virtual funds.
Practice trading strategies without financial risk.
How to Open a Demo Account:
Follow the same registration process and select the Demo Account option.
Demo Account Limitations:
Limited to virtual funds; cannot withdraw or transfer funds.
Virtual Balance Amount:
Typically, demo accounts are funded with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts simulate live trading conditions but do not involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a set period, usually 30 days, unless extended.
Swap-Free/Islamic Account Availability:
Yes, atuk offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
Differences from Standard Accounts:
No swap fees; otherwise similar features to Standard Accounts.
How to Apply for Islamic Account:
Select the Islamic Account option during the registration process.
Restrictions or Special Conditions:
Must adhere to Islamic finance principles.
Explore broker markets account types: forex/trading accounts with demo access.