brh Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
brh Account Types Explained
BRH offers a variety of account types tailored to meet the diverse needs of traders. Below is an overview of the available account types, including their key features, minimum deposit requirements, and target user profiles.
1. Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.5 pips
- Leverage Options: Up to 1:500
- Key Features: Basic trading tools, access to major currency pairs
- Target User Profile: Beginners
- Trading Instruments Available: Forex, commodities, indices
2. ECN Account
- Minimum Deposit Requirement: $500
- 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, faster execution speeds
- Target User Profile: Advanced traders
- Trading Instruments Available: Forex, commodities, cryptocurrencies
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Fixed spreads starting from 1.2 pips
- Leverage Options: Up to 1:300
- Key Features: Advanced trading tools, priority customer support
- Target User Profile: Professional traders
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:500
- Key Features: Swap-free trading conditions
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Same as Standard Account
- Leverage Options: Up to 1:500
- Key Features: Practice trading with virtual funds, access to all trading tools
- Target User Profile: Beginners and those testing strategies
- Trading Instruments Available: Forex, commodities, indices
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account
- Intermediate: ECN Account
- Advanced: Pro Account
- Specialized: Islamic Account for Muslim traders
Detailed brh Account Features
Comparison of Features Across Different Account Types
-
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: From 1.5 pips
ECN: From 0.0 pips
Pro: From 1.2 pips
Islamic: Same as Standard
Demo: Same as Standard
Commission Fees:
Standard: N/A
ECN: $3 per lot
Pro: N/A
Islamic: N/A
Demo: N/A
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Mini, Standard
Islamic: Micro, Mini, Standard
Demo: 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
Demo: No
Swap-Free Options:
Available for Islamic Accounts.
Demo Account Features:
Virtual trading with no risk, access to all trading tools.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
Suitable for beginners
Access to major trading instruments
ECN Account:
Tight spreads
Direct market access
Ideal for scalpers and high-frequency traders
Pro Account:
Advanced trading tools
Priority support
Suitable for professional traders
Islamic Account:
Compliant with Islamic finance principles
No swap fees
Demo Account:
Risk-free environment
Ideal for practice and strategy testing
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
Pro Account:
High minimum deposit
Not suitable for beginners
Islamic Account:
Limited to Muslim traders
May have fewer features than standard accounts
Demo Account:
No real money trading
Limited duration before expiry
brh Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of most countries, but may be restricted in certain regions.
- Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
Identity Verification Documents Needed
- Government-issued photo ID (e.g., passport, drivers license)
- Proof of residence (e.g., utility bill, bank statement)
Additional Documentation for Professional Accounts
- Proof of income or trading experience may be required for Pro accounts.
KYC/AML Compliance Procedures
- All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to ensure compliance with regulatory standards.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Step-by-Step brh Account Opening Guide
Detailed Registration Process
- Visit Website and Click Registration: Go to the official BRH website and find the account registration section.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Indicate your 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 activate your account.
- Start Trading: Once your account is funded, you can begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined interface.
Common Registration Issues and Solutions
- Issue: Document upload failures.
- Solution: Ensure documents are clear and in the correct format.
- Issue: Delays in verification.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Typically, account approval takes 1-3 business days, depending on the volume of applications.
How to Upgrade/Downgrade Account Types
- Users can request an upgrade or downgrade through the account management section on the BRH platform, subject to meeting the requirements of the new account type.
brh Demo Account Guide
Demo Account Features and Benefits
- Allows traders to practice without financial risk.
- Access to all trading tools and features available in live accounts.
How to Open a Demo Account
- Visit the BRH website and select the demo account option.
- Fill in the required information and submit.
Demo Account Limitations
- Virtual funds may be limited.
- Time-limited access before the account expires.
Virtual Balance Amount
- Typically, demo accounts come with a virtual balance of $10,000 or more.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts involve real money trading.
Duration/Expiry of Demo Accounts
- Demo accounts usually expire after 30 days unless extended.
brh Islamic Account Details
Swap-Free/Islamic Account Availability
- BRH offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.
Eligibility Requirements
- Must be a practicing Muslim to qualify for an Islamic account.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees and may have different trading conditions.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions that differ from standard accounts.
FAQs – brh Account Types & Opening
- What account types does brh offer?
- BRH 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: N/A.
- How long does brh account verification take?
- Verification typically takes 1-3 business days.
- Does brh offer demo accounts?
- Yes, BRH offers demo accounts for practice trading.
- Can I have multiple account types with brh?
- Yes, you can open multiple account types as per your trading needs.
- Does brh offer Islamic/swap-free accounts?
- Yes, BRH provides Islamic accounts that are swap-free.
- What documents do I need to open a brh account?
- A 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 the account management section.
BRH accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .