cleanworld Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
cleanworld Account Types Explained
Cleanworld offers a variety of account types to cater to different trading needs and preferences. Below is an overview of the available account types, 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
- Leverage Options: Up to 1:500
- Key Features: Basic trading tools, access to major currency pairs, and CFDs.
- Target User Profile: Beginners and casual traders.
- Trading Instruments Available: Forex, commodities, and indices.
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Low spreads from 0.1 pips + commission of $5 per lot
- Leverage Options: Up to 1:200
- Key Features: Direct market access, faster execution speeds, and lower spreads.
- Target User Profile: Experienced traders and scalpers.
- Trading Instruments Available: Forex, commodities, and cryptocurrencies.
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Spreads starting from 0.5 pips + commission of $3 per lot
- Leverage Options: Up to 1:100
- Key Features: Advanced trading tools, priority customer support, and tailored services.
- Target User Profile: Professional traders and institutions.
- Trading Instruments Available: Forex, commodities, indices, and stocks.
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:500
- Key Features: Swap-free trading to comply with Islamic finance principles.
- Target User Profile: Muslim traders seeking compliance with Sharia law.
- Trading Instruments Available: Forex and commodities.
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Same as Standard Account
- Leverage Options: Up to 1:500
- Key Features: Practice trading without risk, access to all trading instruments.
- Target User Profile: Beginners and traders testing strategies.
- Trading Instruments Available: Forex, commodities, and indices.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
- Practice: Demo Account
Detailed cleanworld Account Features
Features Comparison Across Different Account Types
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to a variety of trading instruments
ECN Account:
Tight spreads and low commissions
Faster execution speeds
Ideal for scalping and high-frequency trading
Pro Account:
Advanced trading features and tools
Lower commission rates for high-volume traders
Dedicated customer support
Islamic Account:
Complies with Sharia law
No swap fees
Suitable for Muslim traders
Demo Account:
Risk-free trading environment
Ideal for testing strategies
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 requirement
Commission fees can add up for low-volume traders
Pro Account:
High minimum deposit
May not be suitable for casual traders
Islamic Account:
Limited to specific trading instruments
May have fewer features compared to other accounts
Demo Account:
No real money trading
Limited duration for practice
cleanworld Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to clients in most countries; specific restrictions may apply.
- Prohibited Countries: Clients from countries under international sanctions may be restricted.
- Identity Verification Documents Needed: Government-issued ID (passport or national ID) and proof of income.
- Proof of Residence Requirements: Utility bill or bank statement showing the current address.
- Additional Documentation for Professional Accounts: Proof of trading experience or financial statements may be required.
KYC/AML Compliance Procedures
- Cleanworld adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Clients must provide necessary documentation to verify identity and source of funds.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Step-by-Step cleanworld Account Opening Guide
Registration Process
- Visit the Website: Go to the Cleanworld homepage.
- Click Registration: Find and click the "Sign Up" or "Register" button.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type from the options available.
- Set Trading Preferences: Specify trading preferences and leverage options.
- Document Upload: Upload required identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds into your account to start trading.
- Start Trading: Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, but the mobile interface may have a simplified layout for easier navigation.
Common Registration Issues and Solutions
-
Issue: Document upload errors.
Solution: Ensure documents are clear and meet the required format.
Issue: Email verification not received.
Solution: Check spam/junk folders or request a new verification email.
Average Account Approval Time
- Most accounts are approved within 1-3 business days, depending on the documentation provided.
How to Upgrade/Downgrade Account Types
- Clients can request an upgrade or downgrade through their account dashboard or by contacting customer support.
cleanworld Demo Account Guide
Demo Account Features and Benefits
- The demo account allows users to trade with virtual funds, providing a risk-free environment to practice and test strategies.
How to Open a Demo Account
- Users can select the demo account option during the registration process or request it from their account dashboard.
Demo Account Limitations
- The demo account may have a limited duration, typically expiring after 30-90 days.
Virtual Balance Amount
- Users are usually provided with a virtual balance of $10,000 to practice trading.
Demo vs Live Account Differences
- The demo account uses virtual funds, while the live account involves real money trading.
Duration/Expiry of Demo Accounts
- Demo accounts typically expire after 30-90 days of inactivity.
cleanworld Islamic Account Details
Swap-Free/Islamic Account Availability
- Cleanworld offers an Islamic account that is swap-free to comply with Islamic finance principles.
Eligibility Requirements
- Clients must declare their intention to open an Islamic account and provide necessary documentation.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees and may have different trading conditions.
How to Apply for Islamic Account
- Clients can select the Islamic account option during the registration process or request it from customer support.
Restrictions or Special Conditions
- Islamic accounts may have limitations on certain trading instruments and features.
FAQs – cleanworld Account Types & Opening
- What account types does cleanworld offer?
- Cleanworld offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
- How long does cleanworld account verification take?
- Account verification typically takes 1-3 business days.
- Does cleanworld offer demo accounts?
- Yes, cleanworld offers demo accounts for practice trading.
- Can I have multiple account types with cleanworld?
- Yes, clients can have multiple account types.
- Does cleanworld offer Islamic/swap-free accounts?
- Yes, cleanworld offers Islamic accounts that are swap-free.
- What documents do I need to open a cleanworld account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, clients can request to upgrade or downgrade their account type.
Cleanworld accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .