Crypto Guru broker Accounts

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

crypto guru Account Types Explained

Crypto Guru offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $250
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, access to educational resources, and customer support.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Major cryptocurrencies, forex pairs, and commodities.

2. ECN Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Raw spreads starting from 0.0 pips with a commission of $5 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Cryptocurrencies, forex, indices, and commodities.

3. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Custom spreads based on trading volume.
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, personalized account management, and priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Wide range of cryptocurrencies, forex, and derivatives.

4. Islamic Account

• Minimum Deposit Requirement: $250
• Spread/Commission Structure: Similar to Standard Account but swap-free.
• Leverage Options: Up to 1:500
• Key Features: Compliance with Sharia law, no overnight fees.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Cryptocurrencies, forex pairs, and commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds provided)
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to all trading tools.
• Target User Profile: Beginners wanting to learn trading without financial risk.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed crypto guru Account Features

Features Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• Low minimum deposit.

• Access to educational resources.

• ECN Account:

• Lower spreads for high-frequency trading.

• Direct market access for faster execution.

• Ideal for scalping strategies.

• Pro Account:

• Personalized account management.

• Advanced trading tools and analytics.

• Suitable for institutional trading.

• Islamic Account:

• Complies with Sharia law.

• No overnight fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Ideal for practice and learning.

• Access to all trading tools.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit requirement.

• Commission fees may add up for frequent traders.

• Pro Account:

• Very high minimum deposit.

• Not suitable for casual traders.

• Islamic Account:

• Limited availability of certain trading instruments.

• May not offer all features of standard accounts.

• Demo Account:

• No real money trading.

• Limited duration for practice.

crypto guru Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check local regulations.
• Prohibited Countries: Specific countries may be restricted based on local laws.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, driver's license).
• Proof of Residence: Recent utility bill or bank statement showing your name and address.

Additional Documentation for Professional Accounts

• Financial Statements: May be required for Pro accounts.
• Proof of Trading Experience: Relevant documentation may be requested.

KYC/AML Compliance Procedures

• All users must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Verification may include identity checks and source of funds.

Verification Time Frames

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

Step-by-Step crypto guru Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website: Go to the Crypto Guru website.
2. Click Registration: Click on the "Sign Up" or "Register" button.
3. Personal Information Entry: Fill in required personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
6. Document Upload: Upload necessary identity verification documents.
7. Account Verification: Wait for account verification to be completed.
8. Fund Your Account: Deposit funds to start trading.
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, with minor interface differences.

Common Registration Issues and Solutions

• Issue: Document upload fails.

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

• Issue: Email verification not received.

• Solution: Check spam/junk folders or request a new verification email.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request changes in account types through the account management section or by contacting customer support.

crypto guru Demo Account Guide

Demo Account Features and Benefits

• Features: Access to a full range of trading tools and instruments without financial risk.
• Benefits: Ideal for practicing trading strategies and familiarizing oneself with the platform.

How to Open a Demo Account

• Follow the same registration process, selecting "Demo Account" during account type selection.

Demo Account Limitations

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

Virtual Balance Amount

• Users are typically provided with a virtual balance of $10,000 to practice trading.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after 30 days of inactivity.

crypto guru Islamic Account Details

Swap-Free/Islamic Account Availability

• Crypto Guru offers an Islamic account option that is swap-free.

Eligibility Requirements

• Users must declare their intent to open an Islamic account and may need to provide additional documentation.

Differences from Standard Accounts

• Islamic accounts do not incur overnight fees, aligning with Sharia law.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have limitations on certain trading instruments compared to standard accounts.

FAQs – crypto guru Account Types & Opening

1. What account types does crypto guru offer？

• Crypto Guru offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $250, ECN: $1,000, Pro: $5,000, Islamic: $250, Demo: N/A.

1. How long does crypto guru account verification take？

• Verification typically takes 1-3 business days.

1. Does crypto guru offer demo accounts？

• Yes, Crypto Guru provides a demo account for practice trading.

1. Can I have multiple account types with crypto guru？

• Yes, users can open multiple account types.

1. Does crypto guru offer Islamic/swap-free accounts？

• Yes, an Islamic account option is available.

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

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

1. Can I change my account type after registration？

• Yes, users can request to upgrade or downgrade their account types.