DIAMOND TRADE broker Accounts

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

Part 1: diamond trade Account Types Explained

Available Account Types

1. Diamond Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Low commission structure; zero commission options available.
• Leverage Options: Up to 1:200.
• Key Features: Access to 133 trading pairs/instruments, 24/5 market availability.
• Target User Profile: Active traders looking for high-volume trading opportunities.
• Trading Instruments Available: Forex pairs, commodities, indices.

1. Gold Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Competitive spreads with low commissions.
• Leverage Options: Up to 1:100.
• Key Features: Suitable for intermediate traders with access to educational resources.
• Target User Profile: Intermediate traders.
• Trading Instruments Available: Forex pairs, commodities.

1. Silver Account

• Minimum Deposit Requirement: $250
• Spread/Commission Structure: Standard spreads with moderate commissions.
• Leverage Options: Up to 1:50.
• Key Features: Basic trading features with limited access to advanced tools.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Limited forex pairs.

1. Bronze Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Higher spreads, commissions apply.
• Leverage Options: Up to 1:30.
• Key Features: Basic trading features, suitable for casual traders.
• Target User Profile: New traders.
• Trading Instruments Available: Limited access to forex pairs.

1. Classic Account

• Minimum Deposit Requirement: $50
• Spread/Commission Structure: High spreads, commissions apply.
• Leverage Options: Up to 1:20.
• Key Features: Very basic trading features, primarily for practice.
• Target User Profile: Beginners wanting to learn.
• Trading Instruments Available: Very limited.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Classic Account
• Intermediate Traders: Gold Account
• Advanced Traders: Diamond Account

Part 2: diamond trade Account Features Comparison

Detailed diamond trade Account Features

• Minimum Deposit:

• Diamond: $1,000

• Gold: $500

• Silver: $250

• Bronze: $100

• Classic: $50

• Maximum Leverage:

• Diamond: 1:200

• Gold: 1:100

• Silver: 1:50

• Bronze: 1:30

• Classic: 1:20

• Spreads (Typical/Minimum):

• Diamond: Low

• Gold: Competitive

• Silver: Standard

• Bronze: Higher

• Classic: High

• Commission Fees:

• Diamond: Zero commission options

• Gold: Low commissions

• Silver: Moderate commissions

• Bronze: Commissions apply

• Classic: Commissions apply

• Lot Size:

• Diamond: Standard

• Gold: Mini

• Silver: Micro

• Bronze: Micro

• Classic: Micro

• Available Trading Platforms:

• All account types typically offer MT4/MT5.

• Execution Type:

• Diamond: ECN

• Gold: Market

• Silver: Instant

• Bronze: Instant

• Classic: Market

• Islamic Account Availability:

• Available for Diamond and Gold accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Available for all account types, typically with a virtual balance of $10,000.

Advantages of Each Account Type

• Diamond Account:

• High leverage

• Zero commission options

• Access to a wide range of instruments

• Ideal for active traders

• Gold Account:

• Educational resources

• Competitive spreads

• Suitable for intermediate traders

• Silver Account:

• Low minimum deposit

• Basic trading features for beginners

• Bronze Account:

• Very low entry point for casual traders

• Access to basic trading features

• Classic Account:

• Ideal for practice

• Very low minimum deposit

Disadvantages of Each Account Type

• Diamond Account:

• Higher minimum deposit

• May not suit beginners

• Gold Account:

• Still requires a moderate deposit

• Limited features compared to Diamond

• Silver Account:

• Limited trading instruments

• Higher spreads

• Bronze Account:

• Higher commissions

• Limited features

• Classic Account:

• Very basic features

• Not suitable for serious trading

Part 3: diamond trade Account Opening Requirements

diamond trade Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available in most countries; specific restrictions may apply.

• Prohibited Countries: Countries under international sanctions may be restricted.

• Identity Verification Documents Needed:

• Government-issued photo ID (passport or drivers license).

• Proof of residence (utility bill or bank statement).

• Additional Documentation for Professional Accounts:

• Business registration documents.

• Trade references or recent transaction documents.

• KYC/AML Compliance Procedures:

• Completion of Know Your Customer (KYC) forms.

• Anti-Money Laundering (AML) checks.

• Verification Time Frames:

• Typically takes 1-3 business days for account verification.

Part 4: diamond trade Account Opening Process

Step-by-Step diamond trade Account Opening Guide

1. Visit Website and Click Registration: Go to the diamond trade website and find the registration button.
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: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your trading account.
8. Start Trading: Begin trading once your account is funded and verified.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile registration may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.

• Solution: Ensure documents are clear and meet the required formats.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• 1-3 business days for standard accounts; may vary based on documentation.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade; may require additional documentation.

Part 5: diamond trade Demo Account Information

diamond trade Demo Account Guide

• Demo Account Features and Benefits:

• Access to virtual trading environment.

• Practice trading strategies without financial risk.

• How to Open a Demo Account:

• Follow the same registration process but select the demo account option.

• Demo Account Limitations:

• Limited to virtual funds; cannot withdraw profits.

• Virtual Balance Amount:

• Typically $10,000 in virtual funds.

• Demo vs Live Account Differences:

• Demo accounts do not reflect real market conditions; live accounts involve real money.

• Duration/Expiry of Demo Accounts:

• Usually valid for 30 days; may be extended upon request.

Part 6: diamond trade Islamic Account Details

diamond trade Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Available for Diamond and Gold accounts.

• Eligibility Requirements:

• Must adhere to Islamic finance principles.

• Differences from Standard Accounts:

• No swap fees applied; other trading conditions remain the same.

• How to Apply for Islamic Account:

• Indicate the request during the account registration process or contact support.

• Restrictions or Special Conditions:

• Must comply with Islamic trading guidelines.

FAQs – diamond trade Account Types & Opening

1. What account types does diamond trade offer？

• Diamond, Gold, Silver, Bronze, and Classic accounts.

1. What is the minimum deposit for each account type？

• Diamond: $1,000; Gold: $500; Silver: $250; Bronze: $100; Classic: $50.

1. How long does diamond trade account verification take？

• Typically 1-3 business days.

1. Does diamond trade offer demo accounts？

• Yes, demo accounts are available for practice trading.

1. Can I have multiple account types with diamond trade？

• Yes, you can hold multiple account types.

1. Does diamond trade offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for Diamond and Gold account types.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support.