deepblue Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: deepblue Account Types Overview
deepblue Account Types Explained
Deepblue offers a variety of account types designed to cater to different trading needs and preferences. Below is an overview of the available account types:
- Standard Account
- Minimum Deposit Requirement: Varies (specific amount not disclosed)
- Spread/Commission Structure: Variable spreads
- Leverage Options: Up to 1:500
- Key Features: Basic trading features, access to major trading instruments
- Target User Profile: Beginners and casual traders
- Trading Instruments Available: Forex, commodities, indices
- ECN Account
- Minimum Deposit Requirement: Varies (specific amount not disclosed)
- Spread/Commission Structure: Low spreads with a commission fee
- Leverage Options: Up to 1:200
- Key Features: Direct market access, faster execution
- Target User Profile: Experienced traders
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
- Pro Account
- Minimum Deposit Requirement: Varies (specific amount not disclosed)
- Spread/Commission Structure: Tight spreads, lower commission rates
- Leverage Options: Up to 1:100
- Key Features: Advanced trading tools, priority customer support
- Target User Profile: Professional traders and institutions
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
- Islamic Account
- Minimum Deposit Requirement: Varies (specific amount not disclosed)
- Spread/Commission Structure: Similar to standard accounts but swap-free
- Leverage Options: Up to 1:500
- Key Features: Compliant with Sharia law, no interest charges
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities, indices
- Demo Account
- Minimum Deposit Requirement: N/A (virtual funds provided)
- Spread/Commission Structure: Simulated trading conditions
- Leverage Options: N/A
- Key Features: Practice trading without risk, access to all trading instruments
- Target User Profile: Beginners and traders testing strategies
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
Part 2: deepblue Account Features Comparison
Detailed deepblue Account Features
When comparing the features across different deepblue account types, the following aspects are crucial:
Minimum Deposit:
Varies by account type, specific amounts not disclosed.
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:100
Islamic: Up to 1:500
Spreads (Typical/Minimum):
Standard: Variable spreads
ECN: Low spreads with commission
Pro: Tight spreads, lower commissions
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: Yes (based on trading volume)
Pro: Lower than ECN
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
MT4, MT5, proprietary platforms
Execution Type:
Standard: Market execution
ECN: Instant execution
Pro: Market execution
Islamic: Market execution
Islamic Account Availability:
Yes, for Islamic accounts.
Swap-Free Options:
Available for Islamic accounts.
Demo Account Features:
Virtual funds, access to all trading instruments, practice environment.
Advantages of Each Account Type
- Standard Account:
- Easy to open, no minimum balance, suitable for beginners.
- ECN Account:
- Direct market access, lower spreads, ideal for scalpers.
- Pro Account:
- Advanced tools, lower trading costs, priority support.
- Islamic Account:
- Compliant with Sharia law, no interest fees.
- Demo Account:
- Risk-free trading, practice strategies, familiarization with the platform.
Disadvantages of Each Account Type
- Standard Account:
- Higher spreads compared to ECN.
- ECN Account:
- Requires a commission fee, may not be suitable for low-volume traders.
- Pro Account:
- Higher minimum deposit, may not be accessible for all traders.
- Islamic Account:
- Limited to Muslim traders, may have restrictions.
- Demo Account:
- No real profits, limited duration.
Part 3: deepblue Account Opening Requirements
deepblue Account Registration Requirements
To open a deepblue account, the following eligibility criteria must be met:
Age Requirements:
Must be at least 18 years old.
Geographic Restrictions:
Available in multiple countries; specific restrictions may apply.
Prohibited Countries:
Certain countries may be restricted due to regulatory compliance.
Identity Verification Documents Needed:
Government-issued ID (passport, drivers license)
Social Security Number (if applicable)
Proof of Residence Requirements:
Utility bill or bank statement with current address.
Additional Documentation for Professional Accounts:
May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
- All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which include verification of identity and source of funds.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: deepblue Account Opening Process
Step-by-Step deepblue Account Opening Guide
- Visit Website and Click Registration:
- Go to the deepblue official website and select the account type you wish to open.
- Personal Information Entry:
- Fill in personal details such as name, address, date of birth, and contact information.
- Choose Account Type:
- Select the desired account type based on your trading needs.
- Set Trading Preferences:
- Indicate your trading preferences, including leverage and trading instruments.
- Document Upload:
- Upload required identification and proof of residence documents.
- Account Verification:
- Wait for the verification process to be completed.
- Fund Your Account:
- Deposit the minimum required amount to activate your account.
- Start Trading:
- Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, with the mobile app providing a more streamlined experience.
Common Registration Issues and Solutions
- Issue: Document verification delays.
- Solution: Ensure all documents are clear and legible.
- Issue: Incorrect personal information.
- Solution: Double-check all entries before submission.
Average Account Approval Time
- Typically ranges from 1 to 3 business days.
How to Upgrade/Downgrade Account Types
- Contact customer support or use the account management section on the website to request changes.
deepblue Demo Account Guide
-
Demo Account Features and Benefits:
Access to all trading instruments, practice trading strategies without risk, and familiarize yourself with the trading platform.
How to Open a Demo Account:
Visit the deepblue website and select the demo account option to register.
Demo Account Limitations:
Limited duration and virtual funds only.
Virtual Balance Amount:
Typically provided with a set amount (specific amount not disclosed).
Demo vs Live Account Differences:
Demo accounts use virtual funds and do not involve real trading risks.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a certain period, typically 30-90 days.
Part 6: deepblue Islamic Account (if available)
deepblue Islamic Account Details
-
Swap-Free/Islamic Account Availability:
Yes, deepblue offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
Differences from Standard Accounts:
No interest charges or swap fees.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process.
Restrictions or Special Conditions:
Must adhere to Islamic finance principles.
FAQs – deepblue Account Types & Opening
- What account types does deepblue offer?
- Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Varies by account type; specific amounts not disclosed.
- How long does deepblue account verification take?
- Typically 1-3 business days.
- Does deepblue offer demo accounts?
- Yes, deepblue provides demo accounts for practice trading.
- Can I have multiple account types with deepblue?
- Yes, traders can open multiple account types.
- Does deepblue offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available.
- What documents do I need to open a deepblue account?
- Government-issued ID and proof of residence.
- Can I change my account type after registration?
- Yes, account types can be upgraded or downgraded by contacting support.
DeepBlue accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .