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

Part 1: decode global Account Types Overview

decode global Account Types Explained

decode global offers several account types tailored to different trading needs. Below are the key account types available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; commissions may apply.
• Leverage Options: Up to 1:500
• Key Features: Access to a range of trading instruments, including forex, commodities, and indices.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex pairs, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $7 per lot.
• Leverage Options: Up to 1:500
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:500
• Key Features: Enhanced trading conditions, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies.

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: Complies with Sharia law, no swap fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex pairs, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• 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 looking to test strategies.
• Trading Instruments Available: All available instruments.

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 Traders: Demo Account

Part 2: decode global Account Features Comparison

Detailed decode global Account Features

Feature Comparison Across Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• All accounts: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: 1.0 pips

• ECN: 0.0 pips

• Pro: 0.1 pips

• Islamic: 1.0 pips

• Demo: Same as Standard

• Commission Fees:

• Standard: Varies

• ECN: $7 per lot

• Pro: $5 per lot

• Islamic: Varies

• Demo: N/A

• Lot Size:

• Standard: Micro and standard lots available

• ECN: Micro and standard lots available

• Pro: Standard lots

• Islamic: Micro and standard lots available

• Demo: Micro and standard lots available

• Available Trading Platforms:

• All accounts: MetaTrader 4 and MetaTrader 5

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Market execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual balance, access to all trading instruments, same trading conditions as live accounts.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to various instruments

• ECN Account:

• Tight spreads

• Fast execution

• Ideal for scalping

• Pro Account:

• Competitive trading conditions

• Priority support

• Suitable for professional trading

• Islamic Account:

• Complies with Sharia law

• No swap fees

• Accessible to Muslim traders

• Demo Account:

• Risk-free environment

• Practice trading strategies

• Access to all trading features

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Requires higher capital

• Not suitable for beginners

• Islamic Account:

• Limited to specific trading conditions

• May have higher spreads

• Demo Account:

• No real profit potential

• Limited duration before expiry

Part 3: decode global Account Opening Requirements

decode global Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available globally, except for the USA, Australia, Canada, New Zealand, Singapore, and North Korea.
• Prohibited Countries: USA, Australia, Canada, New Zealand, Singapore, North Korea.
• Identity Verification Documents Needed: Valid government-issued ID (passport or national ID).
• Proof of Residence Requirements: Utility bill or bank statement dated within the last three months.
• Additional Documentation for Professional Accounts: Proof of trading experience or financial background may be required.

KYC/AML Compliance Procedures

• All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and prevent fraud.

Verification Time Frames

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

Part 4: decode global Account Opening Process

Step-by-Step decode global Account Opening Guide

1. Visit Website and Click Registration: Go to the decode global website and click on the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Indicate trading preferences, including leverage and preferred trading instruments.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit funds into your account using available payment methods.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document not accepted.
• Solution: Ensure documents are clear and meet the requirements.
• Issue: Verification delay.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through their account management dashboard or by contacting customer support.

Part 5: decode global Demo Account Information

decode global Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment for practice.
• Access to all trading instruments and features.
• Helps traders develop and test strategies without financial risk.

How to Open a Demo Account

• Visit the decode global website and select the demo account option during registration.

Demo Account Limitations

• Limited duration before expiry.
• No real financial gains from trading.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits and involve actual trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but this can vary based on the broker's policies.

Part 6: decode global Islamic Account (if available)

decode global Islamic Account Details

Swap-free/Islamic Account Availability

• Available for Standard and Islamic accounts.

Eligibility Requirements

• Must be a practicing Muslim to qualify for an Islamic account.

Differences from Standard Accounts

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

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 higher spreads compared to standard accounts due to the absence of swap fees.

FAQs – decode global Account Types & Opening

1. What account types does decode global offer？

• decode global 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 decode global account verification take？

• Account verification typically takes 1-3 business days.

1. Does decode global offer demo accounts？

• Yes, decode global offers demo accounts for practice trading.

1. Can I have multiple account types with decode global？

• Yes, clients can open multiple account types.

1. Does decode global offer Islamic/swap-free accounts？

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

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

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

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.