BLUE ICE broker Accounts

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

blue ice Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Access to a wide range of trading instruments, educational resources, and customer support.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Competitive spreads with lower commission rates.
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority customer service, and advanced trading tools.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

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

1. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000)
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• Key Features: Risk-free trading environment to practice strategies.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Standard Account, Islamic Account
• Advanced: ECN Account
• Professional: Pro Account

Detailed blue ice Account Features

Features Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $500

• ECN: $1,000

• Pro: $5,000

• Islamic: $500

• Demo: Virtual balance

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: Competitive

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: Lower rates

• 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

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo Account Features:

• Virtual balance for practice, access to all trading instruments, risk-free environment.

Advantages of Each Account Type

• Standard Account:

• Easy to open and manage.

• No commission fees.

• High leverage options.

• ECN Account:

• Lower spreads.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Tailored for professional needs.

• Priority support.

• Advanced trading tools.

• Islamic Account:

• Compliant with Islamic finance principles.

• No overnight interest fees.

• Demo Account:

• Risk-free trading.

• Ideal for learning and strategy testing.

• Access to real market conditions.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• High minimum deposit requirement.

• Not suitable for beginners.

• Islamic Account:

• Limited availability in some regions.

• May have different trading conditions.

• Demo Account:

• Virtual funds may not reflect real trading psychology.

• Limited duration for practice.

blue ice Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries, but specific restrictions may apply.
• Prohibited Countries: Specific countries may be restricted based on local regulations.
• Identity Verification Documents Needed: Government-issued ID (passport or driver's license).
• Proof of Residence Requirements: Utility bill or bank statement showing the current address.
• Additional Documentation for Professional Accounts: Certification or proof of professional status may be required.

KYC/AML Compliance Procedures

• Verification of identity and address through submitted documents.
• Compliance with Anti-Money Laundering (AML) regulations.

Verification Time Frames

• Typically, account verification takes 1-3 business days, depending on the completeness of submitted documents.

Step-by-Step blue ice Account Opening Guide

Registration Process

1. Visit Website: Go to the official blue ice website.
2. Click Registration: Locate and click the registration button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify trading preferences and leverage settings.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the account to be verified by blue ice.
8. Fund Your Account: Deposit funds into the account to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Account verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through their account settings or by contacting customer support.

blue ice Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment.
• Access to all trading instruments available in live accounts.
• Ability to practice trading strategies without financial risk.

How to Open a Demo Account

• Follow the same registration steps as for a live account, selecting the demo account option.

Demo Account Limitations

• Limited duration for use, typically 30 days.
• Virtual funds may not reflect real trading conditions.

Virtual Balance Amount

• Standard virtual balance is typically set at $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Emotional and psychological factors differ between demo and live trading.

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after 30 days of inactivity.

blue ice Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available and comply with Sharia law.

Eligibility Requirements

• Must provide proof of Muslim faith or adherence to Islamic finance principles.

Differences from Standard Accounts

• No overnight interest (swap) charges.
• May have different trading conditions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – blue ice Account Types & Opening

1. What account types does blue ice offer？

• Blue ice offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $500, ECN: $1,000, Pro: $5,000, Islamic: $500, Demo: Virtual balance.

1. How long does blue ice account verification take？

• Account verification typically takes 1-3 business days.

1. Does blue ice offer demo accounts？

• Yes, blue ice offers demo accounts for practice trading.

1. Can I have multiple account types with blue ice？

• Yes, users can have multiple account types.

1. Does blue ice offer Islamic/swap-free accounts？

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

1. What documents do I need to open a blue ice 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.