Cauvo offers several account types tailored to meet the diverse needs of traders, from beginners to advanced professionals. Below is a detailed overview of each account type available:
| Account Type | Minimum Deposit | Spread (Min) | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | 1.5 pips | None | 1:500 | Beginners |
| ECN | $500 | 0.1 pips | $5/lot | 1:200 | Intermediate |
| Pro | $1,000 | 0.5 pips | $3/lot | 1:100 | Professionals |
| Islamic | $100 | 1.5 pips | None | 1:500 | Muslim Traders |
| Demo | N/A | 1.5 pips | None | 1:500 | Beginners |
When comparing the features of the different cauvo account types, the following aspects are essential:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.1 pips
Pro: 0.5 pips
Islamic: 1.5 pips
Demo: 1.5 pips
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Demo: None
Lot Size:
Standard: 1 lot
ECN: 1 lot
Pro: 1 lot
Islamic: 1 lot
Demo: 1 lot
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: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Demo Account Features:
Virtual funds, access to all instruments, risk-free trading.
Standard Account:
Low minimum deposit.
No commission fees.
User-friendly for beginners.
ECN Account:
Tight spreads.
Direct market access.
Suitable for high-frequency trading.
Pro Account:
Enhanced trading conditions.
Lower commissions.
Advanced trading tools.
Islamic Account:
Compliance with Sharia law.
No swap fees.
Accessible to Muslim traders.
Demo Account:
Risk-free trading environment.
Practice without financial commitment.
Access to all trading instruments.
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Higher minimum deposit.
Commission fees may add up for frequent traders.
Pro Account:
High minimum deposit.
More complex for beginners.
Islamic Account:
Limited to Muslim traders.
May have fewer features than standard accounts.
Demo Account:
Virtual funds may not reflect real trading conditions.
Limited duration of use.
To open a cauvo account, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries, but specific restrictions may apply.
Prohibited Countries: Countries under sanctions or restrictions may be prohibited.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID).
Proof of address (utility bill or bank statement).
Proof of Residence Requirements:
Recent document showing the applicant's name and address.
Additional Documentation for Professional Accounts:
Proof of trading experience or financial background may be required.
KYC/AML Compliance Procedures:
All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of documentation.
Follow these steps to successfully register for a cauvo account:
Issue: Document upload fails.
Solution: Ensure documents are clear and meet file size requirements.
Issue: Verification delays.
Solution: Contact customer support for assistance.
The cauvo demo account offers a risk-free environment for traders to practice their skills.
Demo Account Features and Benefits:
Access to all trading instruments.
Virtual funds to practice trading strategies.
Risk-free environment to learn trading.
How to Open a Demo Account:
Follow the same registration process and select the demo account option.
Demo Account Limitations:
Limited duration of use (typically 30 days).
Virtual funds may not reflect real market conditions.
Virtual Balance Amount:
Usually set at $10,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Demo accounts may not experience slippage or market volatility.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30 days of inactivity.
Cauvo provides an Islamic account option for traders who require compliance with Sharia law.
Swap-Free/Islamic Account Availability:
Islamic accounts are available across all account types.
Eligibility Requirements:
Must be a Muslim trader seeking Sharia-compliant trading options.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees on overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process.
Restrictions or Special Conditions:
Islamic accounts may have specific trading conditions to ensure compliance with Sharia law.
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