CENTURY broker Accounts

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

Part 1: century Account Types Overview

century Account Types Explained

Century offers a variety of account types to cater to different trading needs and preferences. Below is a detailed overview of each account type available:

Recommended Account Types by Trader Level

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

Part 2: century Account Features Comparison

Detailed century Account Features

When comparing the features of different century account types, the following aspects are crucial:

Advantages of Each Account Type

• Standard Account:
• User-friendly for beginners
• No commission fees
• Access to a wide range of instruments
• ECN Account:
• Direct market access
• Competitive spreads
• Ideal for scalpers and high-frequency traders
• Pro Account:
• Lower costs for high-volume trading
• Fixed spreads for better predictability
• Advanced trading tools
• Islamic Account:
• Complies with Sharia law
• No swap fees
• Suitable for Muslim traders
• Demo Account:
• Risk-free environment for practice
• Access to all trading features
• Ideal for testing strategies

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited advanced features
• ECN Account:
• Requires higher minimum deposit
• Commission fees can add up
• Pro Account:
• Higher minimum deposit requirement
• May not be suitable for casual traders
• Islamic Account:
• Limited availability of certain features
• Higher minimum deposit compared to Standard
• Demo Account:
• No real money trading experience
• Limited duration for practice

Part 3: century Account Opening Requirements

century Account Registration Requirements

To open a century account, the following eligibility criteria and documentation are required:

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check local regulations.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

Identity Verification Documents Needed:

• Valid government-issued ID (passport, driver's license)
• Social Security Number (SSN) or Tax Identification Number (TIN)

Proof of Residence Requirements:

• Recent utility bill or bank statement with your name and address.

Additional Documentation for Professional Accounts:

• Business registration documents
• Proof of business address

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Verification of identity and residence is mandatory.

Verification Time Frames

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

Part 4: century Account Opening Process

Step-by-Step century Account Opening Guide

1. Visit the Website: Navigate to the official century website.
2. Click Registration: Locate and click on the "Open Account" or "Register" button.
3. Personal Information Entry: Fill in your personal details including name, email, and phone number.
4. Choose Account Type: Select the desired account type based on your trading needs.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Once approved, deposit the minimum required funds to activate your account.
9. Start Trading: Access your account and 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 experience.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure documents are clear and legible before uploading.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Most accounts are approved within 1-3 business days, provided all documentation is in order.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade. Additional documentation may be required based on the new account type.

Part 5: century Demo Account Information

century Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk.
• Access to all trading platforms and tools.
• Ideal for testing strategies and familiarizing with the trading environment.

How to Open a Demo Account

• Visit the century website and select the demo account option.
• Fill in the required information and create your demo account.

Demo Account Limitations

• Limited duration for use, typically 30-90 days.
• Virtual funds may not reflect real market conditions.

Virtual Balance Amount

• Demo accounts usually 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.
• Live accounts may incur fees and commissions that do not apply to demo accounts.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after a set period, requiring users to transition to a live account for continued trading.

Part 6: century Islamic Account Details

century Islamic Account Details

Swap-free/Islamic Account Availability

• Century offers Islamic accounts that comply with Sharia law, allowing Muslim traders to engage in trading without incurring swap fees.

Eligibility Requirements

• Must provide proof of Muslim faith and intent to trade in accordance with Islamic principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for long-term trading strategies.

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 and limitations on certain instruments.

FAQs – century Account Types & Opening

1. What account types does century offer？

• Century 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: $500, Demo: N/A.

1. How long does century account verification take？

• Verification typically takes 1-3 business days.

1. Does century offer demo accounts？

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

1. Can I have multiple account types with century？

• Yes, you can open multiple account types as needed.

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

• Yes, Islamic accounts are available for Muslim traders.

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

• A valid 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 through customer support.