CASTLE MARKET broker Accounts

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

Part 1: castle market Account Types Overview

castle market Account Types Explained

Castle Market 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: $20
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
• Leverage Options: Up to 1:3000.
• Key Features: Basic trading tools, access to all trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $100.
• Spread/Commission Structure: Raw spreads starting from 0.0 pips, with a 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, indices, and cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $500.
• Spread/Commission Structure: Spreads starting from 1.0 pip, commission varies.
• Leverage Options: Up to 1:500.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $100.
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free.
• Leverage Options: Up to 1:3000.
• Key Features: No swap fees, compliant with Sharia law.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as the Standard account.
• Leverage Options: Up to 1:3000.
• Key Features: Practice trading without risk, full access to trading tools.
• Target User Profile: Beginners looking to practice trading strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: castle market Account Features Comparison

Detailed castle market Account Features

The following features are compared across different account types:

• Minimum Deposit:

• Standard: $20

• ECN: $100

• Pro: $500

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:3000

• ECN: 1:200

• Pro: 1:500

• Islamic: 1:3000

• Demo: 1:3000

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: From 1.0 pip

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: Varies

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MetaTrader 5 (MT5)

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance to practice trading strategies.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Suitable for beginners.

• Access to a wide range of instruments.

• ECN Account:

• Tight spreads and low commissions.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Advanced trading tools.

• Higher leverage options.

• Priority support for professional traders.

• Islamic Account:

• Compliance with Islamic finance principles.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Full access to trading tools.

• 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 may apply.

• Pro Account:

• Higher minimum deposit.

• May not be suitable for casual traders.

• Islamic Account:

• Limited availability of advanced features.

• May have restrictions on certain trading strategies.

• Demo Account:

• Virtual funds may not reflect real market conditions.

• Limited duration for practice.

Part 3: castle market Account Opening Requirements

castle market Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Services may not be available in certain countries.
• Prohibited Countries: Specific countries may be restricted from opening accounts (details not provided).

Identity Verification Documents Needed:

• Government-issued ID (passport or national ID).
• Proof of residence (utility bill, bank statement).

Additional Documentation for Professional Accounts:

• Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures:

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

Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: castle market Account Opening Process

Step-by-Step castle market Account Opening Guide

1. Visit Website and Click Registration: Go to the Castle Market website and find the registration button.
2. Personal Information Entry: Fill in your 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 settings.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the account to be verified by the Castle Market team.
7. Fund Your Account: Deposit funds into your account to start trading.
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 platforms, though the layout may differ slightly.

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, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request an account type change through customer support, subject to meeting the new account requirements.

Part 5: castle market Demo Account Information

castle market Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk.
• Access to all trading tools and instruments.

How to Open a Demo Account

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

Demo Account Limitations

• Limited duration for use, typically 30 days.

Virtual Balance Amount

• Usually set at $10,000 for practice purposes.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days unless extended.

Part 6: castle market Islamic Account (if available)

castle market Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders seeking compliance with Islamic finance principles.

Eligibility Requirements

• Must provide documentation proving adherence to Islamic finance principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Certain trading strategies may be restricted to comply with Islamic law.

FAQs – castle market Account Types & Opening

1. What account types does castle market offer？

• Castle Market offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $20, ECN: $100, Pro: $500, Islamic: $100, Demo: Virtual funds.

1. How long does castle market account verification take？

• Verification typically takes 1-3 business days.

1. Does castle market offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with castle market？

• Yes, users can open multiple account types as long as they meet the requirements.

1. Does castle market offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

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

1. Can I change my account type after registration？

• Yes, you can request an account type change through customer support.