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:
| Account Type | Minimum Deposit | Spread Structure | Leverage | Key Features | Target User Profile |
|---|---|---|---|---|---|
| Standard | Varies | Variable | Up to 1:500 | Basic features | Beginners |
| ECN | Varies | Low + Commission | Up to 1:200 | Direct access | Experienced traders |
| Pro | Varies | Tight + Lower Commission | Up to 1:100 | Advanced tools | Professional traders |
| Islamic | Varies | Similar to Standard | Up to 1:500 | Swap-free | Muslim traders |
| Demo | N/A | Simulated | N/A | Practice trading | Beginners |
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.
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.
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.
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.
Explore broker markets account types: forex/trading accounts with demo access.