BSH broker Accounts

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

bsh Account Types Explained

BSH offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type, including their 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, no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, access to a wide range of trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips, commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, faster execution.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips, commission of $2 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, dedicated account manager.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and more.

4. Islamic Account

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

5. Demo Account

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

Detailed bsh Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly for beginners.

• Access to a variety of instruments.

• ECN Account:

• Tight spreads and fast execution.

• Direct market access.

• Suitable for scalping strategies.

• Pro Account:

• Advanced trading tools.

• Personalized support.

• Lower commission rates.

• Islamic Account:

• Compliant with Sharia law.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Ideal for practice and strategy testing.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may reduce profitability.

• Pro Account:

• Requires a higher initial investment.

• More complex trading environment.

• Islamic Account:

• Limited availability of advanced features.

• May have restrictions on certain trading strategies.

• Demo Account:

• Virtual funds may not reflect real trading conditions.

• Limited duration for practice.

bsh Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific country regulations.
• Prohibited Countries: Specific countries may be restricted; verify on the BSH website.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of income (bank statement or payslip).
• Proof of Residence Requirements:
• Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts:
• Business registration documents if applicable.

KYC/AML Compliance Procedures

• BSH adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. All accounts must undergo verification to prevent fraud and ensure compliance with international laws.

Verification Time Frames

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

Step-by-Step bsh Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the BSH website and find the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
5. Document Upload: Upload 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: 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 (JPEG, PDF).
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is between 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Account types can be upgraded or downgraded by contacting customer support and providing any necessary documentation for the new account type.

bsh Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice without financial risk, using virtual funds to simulate real trading conditions.

How to Open a Demo Account

• Visit the BSH website and select the demo account option. Fill in the required information and start trading with virtual funds.

Demo Account Limitations

• The demo account may have limited features compared to live accounts, and it typically expires after a set period.

Virtual Balance Amount

• The demo account usually comes with a virtual balance of $10,000.

Demo vs Live Account Differences

• The demo account does not involve real money, while the live account requires actual funds and involves real trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts typically last for 30 days but may be extended upon request.

bsh Islamic Account Details

Swap-Free/Islamic Account Availability

• BSH offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Traders must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

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, including limitations on certain instruments.

FAQs – bsh Account Types & Opening

1. What account types does bsh offer？

• BSH 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: $100, Demo: Virtual funds.

1. How long does bsh account verification take？

• Verification typically takes 1-3 business days.

1. Does bsh offer demo accounts？

• Yes, BSH offers demo accounts for practice trading.

1. Can I have multiple account types with bsh？

• Yes, traders can hold multiple account types.

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

• Yes, BSH provides Islamic accounts that are swap-free.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, account types can be upgraded or downgraded by contacting support.