BOOSTER FUNDS broker Accounts

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

Part 1: booster funds Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting at 1.5 pips, no commissions.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, access to all trading instruments.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting at 0.0 pips, 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: $1,000
• Spread/Commission Structure: Fixed spreads starting at 1.0 pips, commission of $2 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account, no swaps.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law, no interest charges.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds provided (typically $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment, practice strategies.
• 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, Demo Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account

Part 2: booster funds Account Features Comparison

Detailed booster funds Account Features

• 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: 1.5 pips

• ECN: 0.0 pips

• Pro: 1.0 pips

• Islamic: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, 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: Instant

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

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

Advantages of Each Account Type

• Standard Account:

• Easy to use, no commissions, suitable for beginners.

• ECN Account:

• Tight spreads, fast execution, ideal for scalping.

• Pro Account:

• Advanced tools, lower commissions, suitable for professionals.

• Islamic Account:

• Complies with Sharia law, no interest fees.

• Demo Account:

• Risk-free trading, practice strategies without financial risk.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• ECN Account:

• Requires higher minimum deposit, commissions apply.

• Pro Account:

• Higher minimum deposit, may not be suitable for beginners.

• Islamic Account:

• Limited to specific trading strategies.

• Demo Account:

• No real profits, may not reflect live trading conditions.

Part 3: booster funds Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific restrictions.
• Prohibited Countries: Countries under international sanctions may be restricted.

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

• Business registration documents (if applicable).
• Tax identification number.

KYC/AML Compliance Procedures

• Complete identity verification process.
• Submit required documents for compliance.

Verification Time Frames

• Typically 1-3 business days for standard accounts.
• Professional accounts may take longer depending on documentation.

Part 4: booster funds Account Opening Process

Step-by-Step booster funds Account Opening Guide

1. Visit Website and Click Registration: Go to the official booster funds 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: Indicate your trading preferences and goals.
5. Document Upload: Upload necessary identification and proof of residence 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: Access your account and begin trading.

Desktop vs Mobile Registration Differences

• Registration processes are similar, but mobile may have app-specific features for ease of use.

Common Registration Issues and Solutions

• Issue: Document rejection.

• Solution: Ensure documents are clear and meet the specified requirements.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Standard accounts: 1-3 business days.
• Professional accounts: Up to 5 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request changes to your account type.

Part 5: booster funds Demo Account Information

booster funds Demo Account Guide

• Demo Account Features and Benefits:

• Risk-free trading environment.

• Access to all trading instruments.

• Practice strategies without financial risk.

• How to Open a Demo Account:

• Follow the same registration process and select the demo account option.

• Demo Account Limitations:

• Virtual funds only, no real profits.

• Virtual Balance Amount:

• Typically $10,000 in virtual funds.

• Demo vs Live Account Differences:

• Live accounts involve real money and market conditions, while demo accounts use virtual funds.

• Duration/Expiry of Demo Accounts:

• Demo accounts may expire after a set period, typically 30 days, but can be extended.

Part 6: booster funds Islamic Account Details

booster funds Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Eligibility Requirements:

• Must comply with Sharia law.

• Differences from Standard Accounts:

• No interest charges or swaps.

• How to Apply for Islamic Account:

• Select Islamic account option during registration or contact support.

• Restrictions or Special Conditions:

• Must adhere to Islamic trading principles.

FAQs – booster funds Account Types & Opening

1. What account types does booster funds offer？

• 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: Virtual funds.

1. How long does booster funds account verification take？

• Typically 1-3 business days for standard accounts.

1. Does booster funds offer demo accounts？

• Yes, a demo account is available with virtual funds.

1. Can I have multiple account types with booster funds？

• Yes, you can open multiple accounts.

1. Does booster funds offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support.