DCM broker Accounts

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

Part 1: dcm Account Types Explained

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: User-friendly platform, suitable for beginners.
• Target User Profile: Beginners and casual 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 $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, faster execution speeds.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.0 pip, commission of $2 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions, priority customer service.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

1. Islamic Account

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

1. Demo Account

• Minimum Deposit Requirement: Virtual funds provided (typically $10,000).
• Spread/Commission Structure: Similar to Standard account conditions.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment, practice without financial risk.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Same as 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

Part 2: dcm Account Features Comparison

Detailed dcm Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.0 pips

• Pro: 1.0 pip

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $3/lot

• Pro: $2/lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: 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: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Virtual balance, access to all trading instruments, practice environment.

Advantages of Each Account Type

• Standard Account:

• User-friendly interface.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Direct market access.

• Lower spreads.

• Ideal for scalping.

• Pro Account:

• Enhanced trading conditions.

• Lower commission fees.

• Priority support.

• Islamic Account:

• No interest fees.

• Complies with Sharia law.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading.

• Practice strategies.

• Access to real market conditions.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Requires higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Higher minimum deposit.

• May not be suitable for casual traders.

• Islamic Account:

• Limited to specific trading conditions.

• May have restrictions on certain instruments.

• Demo Account:

• No real money involved.

• Limited duration for practice.

Part 3: dcm Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific restrictions.
• Prohibited Countries: Specific countries may be restricted; verify on the dcm website.
• Identity Verification Documents Needed: Government-issued ID, passport, or driver's license.
• Proof of Residence Requirements: Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• Complete identity verification process.
• Submit required documents for review.
• Compliance with Anti-Money Laundering regulations.

Verification Time Frames

• Typically, account verification takes 1-3 business days, depending on document submission and review speed.

Part 4: dcm Account Opening Process

Step-by-Step dcm Account Opening Guide

1. Visit Website and Click Registration: Navigate to the dcm homepage and select the registration option.
2. Personal Information Entry: Fill out the registration form with your personal details.
3. Choose Account Type: Select the desired account type (Standard, ECN, etc.).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the dcm team to verify your submitted documents.
7. Fund Your Account: Once verified, deposit the minimum required amount to start trading.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile users may experience a more streamlined version of the form.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delays in 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

• Log into your account and navigate to the account settings section to request an upgrade or downgrade.

Part 5: dcm Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments.
• Virtual funds for risk-free trading.
• Ability to practice strategies without financial risk.

How to Open a Demo Account

• Select the demo account option on the dcm website and complete the registration form.

Demo Account Limitations

• Limited duration of use (typically 30 days).
• No real money involved.

Virtual Balance Amount

• Usually set at $10,000 in virtual funds.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

Part 6: dcm Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, dcm offers Islamic accounts compliant with Sharia law.

Eligibility Requirements

• Must provide documentation confirming Muslim status.

Differences from Standard Accounts

• No swap fees applied; otherwise similar trading conditions.

How to Apply for Islamic Account

• Select the Islamic account option during registration and provide necessary documentation.

Restrictions or Special Conditions

• Must adhere to Islamic trading principles; no interest-bearing transactions.

FAQs – dcm Account Types & Opening

1. What account types does dcm offer？

• dcm 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 dcm account verification take？

• Verification typically takes 1-3 business days.

1. Does dcm offer demo accounts？

• Yes, dcm provides demo accounts for practice trading.

1. Can I have multiple account types with dcm？

• Yes, traders can open multiple account types.

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

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

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

• Government-issued ID, proof of residence, and additional documents for professional accounts.

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through your account settings.