DACFX broker Accounts

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

Part 1: dacfx Account Types Overview

dacfx Account Types Explained

Dacfx offers several account types tailored to different trading needs and preferences. Below is a breakdown of each account type available:

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: Access to all trading instruments, educational resources, and customer support.
• Target User Profile: Suitable for beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads from 0.0 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, no requotes, and faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex and major commodities.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pip with a lower commission.
• Leverage Options: Up to 1:400
• Key Features: Enhanced trading conditions and priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Comprehensive range including Forex, commodities, and indices.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account but swap-free.
• Leverage Options: Up to 1:500
• Key Features: Compliance with Sharia law, no swap fees.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities, and indices.

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: Risk-free trading environment with virtual funds.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Full range available for practice.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: dacfx Account Features Comparison

Detailed dacfx Account Features

When comparing the features across different dacfx account types, the following aspects are crucial:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:400

• 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: Same as Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: N/A

• ECN: $3 per lot

• Pro: Lower than ECN

• Islamic: N/A

• Demo: N/A

• 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: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: N/A

• Demo Account Features:

• Virtual funds available for practice.

• Same trading conditions as live accounts.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Access to educational resources.

• Suitable for beginners.

• ECN Account:

• Tight spreads and direct market access.

• Ideal for scalping and high-frequency trading.

• No requotes.

• Pro Account:

• Enhanced trading conditions.

• Lower commission fees.

• Suitable for professional traders.

• Islamic Account:

• Compliance with Sharia law.

• No swap fees.

• Available for all trading instruments.

• Demo Account:

• Risk-free environment to practice trading.

• Full access to trading instruments.

• Helps in strategy testing.

Disadvantages of Each Account Type

• 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:

• Higher minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited to specific trading instruments.

• May have restrictions on certain trading strategies.

• Demo Account:

• Virtual funds may not reflect real market conditions.

• Limited duration for practice.

Part 3: dacfx Account Opening Requirements

dacfx Account Registration Requirements

To open a dacfx account, the following eligibility criteria must be met:

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Availability may vary by country; check the dacfx website for specific restrictions.
• Prohibited Countries: Specific countries may be restricted; refer to the dacfx website for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Recent documents showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

Dacfx adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. All clients must provide valid identification and proof of residence to verify their identity.

Verification Time Frames

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

Part 4: dacfx Account Opening Process

Step-by-Step dacfx Account Opening Guide

1. Visit Website and Click Registration: Go to the dacfx website and select the "Open Account" option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Indicate trading preferences, including leverage and trading platform.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the dacfx team to verify your documents.
7. Fund Your Account: Deposit funds into your account using available payment methods.
8. Start Trading: Once your account is funded and verified, you can start trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with minor interface adjustments for mobile users.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Delayed verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

To change your account type, contact customer support or use the account management section on the dacfx website.

Part 5: dacfx Demo Account Information

dacfx Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment with virtual funds.
• Access to all trading instruments available in live accounts.
• Ideal for practicing strategies without financial risk.

How to Open a Demo Account

• Visit the dacfx website and select the "Open Demo Account" option.
• Fill in the required personal information and create a username and password.

Demo Account Limitations

• Virtual funds may not reflect real market conditions.
• Limited duration for the demo account (typically 30 days).

Virtual Balance Amount

Demo accounts typically 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.
• Demo accounts may have time limits, whereas live accounts do not.

Duration/Expiry of Demo Accounts

Demo accounts usually expire after 30 days of inactivity or upon reaching the maximum duration set by the broker.

Part 6: dacfx Islamic Account (if available)

dacfx Islamic Account Details

Swap-Free/Islamic Account Availability

Dacfx offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

To qualify for an Islamic account, traders must declare their need for a swap-free account and provide necessary documentation.

Differences from Standard Accounts

Islamic accounts have the same trading conditions as standard accounts but do not incur swap fees.

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 specific trading restrictions, such as limitations on certain strategies that involve overnight positions.

FAQs – dacfx Account Types & Opening

1. What account types does dacfx offer？

• Dacfx 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: N/A.

1. How long does dacfx account verification take？

• Account verification typically takes 1-3 business days.

1. Does dacfx offer demo accounts？

• Yes, dacfx offers demo accounts for practice trading.

1. Can I have multiple account types with dacfx？

• Yes, you can have multiple accounts, but they must comply with dacfx's policies.

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

• Yes, dacfx provides Islamic accounts that are swap-free.

1. What documents do I need to open a dacfx 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 or through the account management section.