Cascade broker Accounts

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

Part 1: cascade Account Types Overview

cascade Account Types Explained

Cascade offers several account types tailored to different trading needs and preferences. Below is a detailed overview of each account type:

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: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. 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 1:300.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

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

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Same as the Standard Account.
• Key Features: Risk-free trading environment, practice trading strategies.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: cascade Account Features Comparison

Detailed cascade Account Features

The following features are compared across different cascade account types:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: From 1.0 pips

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo Account Features:

• Virtual balance of typically $10,000, access to all trading instruments.

Advantages and Disadvantages of Each Account Type

Advantages

• Standard Account:

• Easy to use for beginners.

• No commission fees.

• High leverage.

• ECN Account:

• Tight spreads.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Advanced trading tools.

• Lower commissions.

• Priority support.

• Islamic Account:

• Compliant with Sharia law.

• No interest fees.

• Demo Account:

• Risk-free environment.

• Practice trading strategies.

Disadvantages

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Higher minimum deposit.

• May not be suitable for casual traders.

• Islamic Account:

• Limited to Muslim traders.

• May have fewer features than other accounts.

• Demo Account:

• Virtual funds only; cannot withdraw.

• Limited duration.

Part 3: cascade Account Opening Requirements

cascade Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific restrictions based on local regulations.
• Prohibited Countries: Typically includes countries under sanctions or those with strict trading regulations.

Identity Verification Documents Needed:

• Government-issued ID (passport, driver's license).
• Proof of residence (utility bill, bank statement).

Additional Documentation for Professional Accounts:

• Proof of income or trading experience may be required for Pro and ECN accounts.

KYC/AML Compliance Procedures:

• Users must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks during registration.

Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: cascade Account Opening Process

Step-by-Step cascade Account Opening Guide

1. Visit Website and Click Registration: Navigate to the official cascade website and click on the registration link.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate trading preferences and leverage options.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account to be verified by the cascade team.
7. Fund Your Account: Once verified, fund your account using available payment methods.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but mobile users may have a more streamlined 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 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request changes through the account management section on the website or by contacting customer support.

Part 5: cascade Demo Account Information

cascade Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Access to all trading instruments and features available in live accounts.

How to Open a Demo Account

• Follow the same registration process, selecting the Demo Account option.

Demo Account Limitations

• Virtual funds only; cannot be converted to real money.
• Limited duration based on platform policies.

Virtual Balance Amount

• Typically set at $10,000 in virtual funds.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days unless extended.

Part 6: cascade Islamic Account (if available)

cascade Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for all account types.

Eligibility Requirements

• Must be a practicing Muslim to qualify for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, complying with Sharia law.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must adhere to Islamic trading principles; no interest-bearing transactions.

FAQs – cascade Account Types & Opening

1. What account types does cascade offer？

• Cascade 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 cascade account verification take？

• Verification typically takes 1-3 business days.

1. Does cascade offer demo accounts？

• Yes, cascade offers demo accounts for practice trading.

1. Can I have multiple account types with cascade？

• Yes, users can have multiple account types.

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

• Yes, Islamic accounts are available for all account types.

1. What documents do I need to open a cascade 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.