CONOSUR broker Accounts

conosur Account Types Overview

conosur Account Types Explained

Conosur offers a variety of account types tailored to different trading needs and preferences. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners; access to a wide range of trading instruments.
• Target User Profile: Beginner 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 $6 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; lower spreads; suitable for scalpers.
• Target User Profile: Advanced traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pip; commission of $4 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions; priority customer support.
• Target User Profile: Professional traders.
• 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: Compliant with Sharia law; no interest fees.
• Target User Profile: Muslim traders.
• 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: Up to 1:500.
• Key Features: Risk-free trading environment; practice strategies.
• Target User Profile: All trader levels.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: conosur Account Features Comparison

Detailed conosur Account Features

Below is a comparison of features across different account types:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:500

• Demo: Up to 1:500

• 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: $6 per lot

• Pro: $4 per lot

• 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:

• 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: N/A

• Demo Account Features:

• Virtual balance of typically $10,000; unlimited duration.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to various trading instruments

• No commission fees

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for scalping

• Advanced trading features

• Pro Account:

• Enhanced trading conditions

• Lower commission fees

• Priority support

• Access to advanced trading tools

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Standard trading conditions

• Accessible for all trading instruments

• Demo Account:

• Risk-free environment

• Practice trading strategies

• Unlimited duration

• 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

• Commission fees may affect profitability

• Pro Account:

• Higher minimum deposit than Standard

• May not be suitable for beginners

• Islamic Account:

• Limited availability for certain trading instruments

• May have higher spreads compared to Standard

• Demo Account:

• Virtual funds do not reflect real market conditions

• Limited to practice only, no real profits

Part 3: conosur Account Opening Requirements

conosur Account Registration Requirements

To open an account with Conosur, the following eligibility criteria and documentation are required:

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.

• Prohibited Countries: Not specified in the sources.

• Identity Verification Documents Needed:

• Government-issued ID (passport or national ID).

• Proof of residence (utility bill or bank statement).

• Proof of Residence Requirements:

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

• Additional Documentation for Professional Accounts:

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

• KYC/AML Compliance Procedures:

• All applicants must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

• Verification Time Frames:

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

Part 4: conosur Account Opening Process

Step-by-Step conosur Account Opening Guide

To open a Conosur account, follow these steps:

1. Visit Website and Click Registration: Go to the Conosur website and click on the registration button.
2. Personal Information Entry: Fill out the required personal information, including name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the necessary identity verification documents.
6. Account Verification: Wait for the account to be verified by Conosur.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded and verified, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have fewer features.

Common Registration Issues and Solutions

• Issue: Document upload failure.

  Solution: Ensure documents are in the correct format and within size limits.

• Issue: Delayed verification.

  Solution: Contact customer support for assistance.

Average Account Approval Time

• Account approval typically takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• To change your account type, contact Conosur customer support for assistance with the process.

Part 5: conosur Demo Account Information

conosur Demo Account Guide

• Demo Account Features and Benefits:

• Provides a risk-free environment to practice trading.

• Access to all trading instruments available in live accounts.

• Allows users to test strategies without financial risk.

• How to Open a Demo Account:

• Follow the same registration steps as for a live account but select the Demo Account option.

• Demo Account Limitations:

• Virtual funds do not reflect real market conditions.

• Limited to practice only; no real profits can be made.

• Virtual Balance Amount:

• Typically set at $10,000.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts involve real money.

• Demo accounts may have different trading conditions.

• Duration/Expiry of Demo Accounts:

• Demo accounts generally do not expire but may have limitations based on inactivity.

Part 6: conosur Islamic Account (if available)

conosur Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Yes, Conosur offers Islamic accounts that comply with Sharia law.

• Eligibility Requirements:

• Must be a Muslim trader seeking a swap-free trading option.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees; otherwise, they have similar features to standard accounts.

• 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; consult customer support for details.

FAQs – conosur Account Types & Opening

1. What account types does conosur offer？

• Conosur 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 conosur account verification take？

• Verification typically takes 1-3 business days.

1. Does conosur offer demo accounts？

• Yes, Conosur provides demo accounts for practice trading.

1. Can I have multiple account types with conosur？

• Yes, you can open multiple accounts with different types.

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

• Yes, Conosur offers Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.