DeWu broker Accounts

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

Part 1: dewu Account Types Overview

dewu Account Types Explained

Dewu offers several account types tailored to different trading needs. Heres a breakdown of the available account types:

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, indices

1. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.0 pips
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools and analytics
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, and stocks

1. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to the Standard Account
• Leverage Options: Up to 1:500
• Key Features: No swap fees, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000)
• Spread/Commission Structure: Similar to the Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds
• Target User Profile: Beginners and those 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: dewu Account Features Comparison

Detailed dewu Account Features

Heres a comparison of key features across different dewu account types:

Advantages of Each Account Type

• Standard Account:

• User-friendly for beginners

• Low minimum deposit

• Access to various trading instruments

• ECN Account:

• Low spreads and commissions

• Fast execution speeds

• Ideal for scalping strategies

• Pro Account:

• Fixed spreads for better predictability

• Advanced trading tools

• Suitable for high-volume trading

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Accessible to Muslim traders

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Ideal for testing strategies

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may reduce profitability

• Pro Account:

• High minimum deposit requirement

• Not suitable for casual traders

• Islamic Account:

• Limited availability of advanced features

• May not be suitable for all traders

• Demo Account:

• No real money trading experience

• Limited duration for practice

Part 3: dewu Account Opening Requirements

dewu Account Registration Requirements

To open a dewu account, you must meet the following 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 based on local regulations.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of residence (utility bill or bank statement)
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Complete identity verification through document submission.
• Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

Verification Time Frames

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

Part 4: dewu Account Opening Process

Step-by-Step dewu Account Opening Guide

1. Visit Website and Click Registration: Go to the dewu website and select the registration option.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, such as leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account to be verified by the dewu team.
7. Fund Your Account: Deposit funds into your account using preferred payment methods.
8. Start Trading: Once your account is funded, you can start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile app may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure documents are clear and legible before uploading.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is between 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type, providing any necessary documentation.

Part 5: dewu Demo Account Information

dewu Demo Account Guide

Demo Account Features and Benefits

• Access to the full range of trading instruments.
• Practice trading strategies without financial risk.
• User-friendly interface similar to live accounts.

How to Open a Demo Account

• Select the demo account option during the registration process.
• Follow the prompts to set up your demo account.

Demo Account Limitations

• Limited duration (typically 30-90 days).
• Virtual funds may not reflect real market conditions.

Virtual Balance Amount

• Typically set at $10,000 in virtual funds for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Live accounts may have additional features such as real-time market data.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30-90 days of inactivity.

Part 6: dewu Islamic Account Details

dewu Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

• Must provide documentation confirming Muslim status.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

• Select the Islamic account option during registration or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions; consult dewu for details.

FAQs – dewu Account Types & Opening

1. What account types does dewu offer？

• Dewu 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 dewu account verification take？

• Verification typically takes 1-3 business days.

1. Does dewu offer demo accounts？

• Yes, dewu offers demo accounts for practice trading.

1. Can I have multiple account types with dewu？

• Yes, you can have multiple accounts, but they must be managed separately.

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

• Yes, dewu offers Islamic accounts that do not incur swap fees.

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

• A 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.