Awhina broker Accounts

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

Part 1: awhina Account Types Explained

Awhina offers several account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type available in 2025.

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: Basic trading tools, access to major forex pairs, and educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and 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, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and 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, and higher leverage.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free.
• Leverage Options: Up to 1:200.
• Key Features: Compliance with Sharia law, no swap fees.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of $10,000.
• Spread/Commission Structure: Same as Standard account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment, access to all trading tools.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: All instruments available in live accounts.

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
• Testers: Demo Account

Part 2: awhina Account Features Comparison

Detailed awhina Account Features

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Tight spreads for scalping.

• Direct market access.

• Fast execution speeds.

• Pro Account:

• Lower commissions.

• Advanced trading tools.

• Higher leverage options.

• Islamic Account:

• Compliant with Sharia law.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Practice with virtual funds.

• Access to all trading tools.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may add up.

• Pro Account:

• High minimum deposit.

• May not be suitable for casual traders.

• Islamic Account:

• Limited availability.

• Similar costs to other accounts.

• Demo Account:

• No real profit potential.

• Limited duration for practice.

Part 3: awhina Account Opening Requirements

awhina Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available to residents of most countries, excluding those on the prohibited list.

• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

• Identity Verification Documents Needed:

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

• Proof of residence (utility bill or bank statement).

• Additional Documentation for Professional Accounts:

• Proof of income or trading experience may be required.

• KYC/AML Compliance Procedures:

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

• Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: awhina Account Opening Process

Step-by-Step awhina Account Opening Guide

1. Visit Website and Click Registration: Navigate to the Awhina website and select the registration option.
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, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Begin trading once your account is funded and verified.

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

• Users can request changes through their account settings or by contacting customer support.

Part 5: awhina Demo Account Information

awhina Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk.

• Access to all trading tools and features.

• How to Open a Demo Account:

• Follow the same registration process, selecting the demo account option.

• Demo Account Limitations:

• Limited to virtual funds and may have a time limit.

• Virtual Balance Amount:

• Typically set at $10,000 for practice.

• Demo vs Live Account Differences:

• Demo accounts do not reflect real market conditions or profits.

• Duration/Expiry of Demo Accounts:

• Demo accounts may expire after 30 days, depending on the broker's policy.

Part 6: awhina Islamic Account Details

awhina Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Awhina offers an Islamic account option for compliant trading.

• Eligibility Requirements:

• Must provide documentation confirming religious compliance.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees.

• How to Apply for Islamic Account:

• Select the Islamic account option during registration and provide necessary documentation.

• Restrictions or Special Conditions:

• Must adhere to Sharia law in trading practices.

FAQs – awhina Account Types & Opening

1. What account types does awhina offer？

• Awhina 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, Demo: $0.

1. How long does awhina account verification take？

• Typically, 1-3 business days.

1. Does awhina offer demo accounts？

• Yes, Awhina offers a demo account with a virtual balance.

1. Can I have multiple account types with awhina？

• Yes, users can open multiple account types.

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

• Yes, Awhina provides Islamic accounts compliant with Sharia law.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, users can request changes through account settings or customer support.