Digital Capital broker Accounts

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

Part 1: digital capital Account Types Overview

digital capital Account Types Explained

Digital capital accounts are designed to cater to various trading needs and preferences. Below are the primary account types offered by digital capital platforms:

1. Standard Account

• Minimum Deposit Requirement: $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
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, cryptocurrencies, commodities

1. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Fixed spreads from 1.0 pip
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, stocks, ETFs

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Risk-free trading, practice environment
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account

Part 2: digital capital Account Features Comparison

Detailed digital capital Account Features

When comparing the features of digital capital accounts, several factors come into play:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $5,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.0 pips + commission

• Pro: From 1.0 pip

• Islamic: Similar to Standard

• Demo: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: Yes (varies)

• Pro: None

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance: $100,000 (or similar)

• Duration: Typically unlimited or set by the broker

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly interface

• Access to various trading instruments

• Suitable for beginners

• ECN Account:

• Lower spreads

• Direct market access

• Suitable for high-frequency trading

• Advanced trading features

• Pro Account:

• Advanced trading tools

• Priority customer support

• Suitable for professional traders

• Fixed spreads

• Islamic Account:

• Compliance with Sharia law

• No swap fees

• Suitable for Muslim traders

• Similar features to Standard Account

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Access to all trading instruments

• 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 apply

• Pro Account:

• High minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited availability

• May have fewer features than other accounts

• Demo Account:

• No real profits

• Limited duration in some cases

Part 3: digital capital Account Opening Requirements

digital capital Account Registration Requirements

To open a digital capital account, certain eligibility criteria must be met:

• Eligibility Criteria:

• Age Requirements: Minimum age of 18 years

• Geographic Restrictions: Varies by broker; some may not accept clients from specific countries

• Prohibited Countries: Typically includes countries under sanctions or with strict financial regulations

• Identity Verification Documents Needed:

• Government-issued ID (passport, drivers license)

• Proof of residence (utility bill, bank statement)

• Proof of Residence Requirements:

• Recent documents showing name and address

• Must be dated within the last three months

• Additional Documentation for Professional Accounts:

• Proof of trading experience

• Financial statements or income proof

• KYC/AML Compliance Procedures:

• Identity verification through document submission

• Background checks to prevent fraud

• Verification Time Frames:

• Typically 1-3 business days, depending on the broker's processing speed

Part 4: digital capital Account Opening Process

Step-by-Step digital capital Account Opening Guide

To open a digital capital account, follow these steps:

1. Visit Website and Click Registration:

• Navigate to the broker's official website and find the registration button.

1. Personal Information Entry:

• Fill in personal details such as name, email, and phone number.

1. Choose Account Type:

• Select the desired account type based on your trading needs.

1. Set Trading Preferences:

• Specify preferences such as leverage and trading instruments.

1. Document Upload:

• Upload required verification documents for identity and residence.

1. Account Verification:

• Wait for the broker to verify your documents and information.

1. Fund Your Account:

• Deposit the minimum required amount to activate your account.

1. Start Trading:

• Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

• Desktop registration typically offers a more comprehensive interface, while mobile registration may be streamlined for quick access.

Common Registration Issues and Solutions

• Issue: Document rejection
• Solution: Ensure documents are clear, recent, and meet the broker's requirements.
• Issue: Delayed verification
• Solution: Contact customer support for updates.

Average Account Approval Time

• Generally, account approval takes 1-3 business days, depending on the broker's workload.

How to Upgrade/Downgrade Account Types

• Most brokers allow account upgrades or downgrades through the account settings or by contacting customer support.

Part 5: digital capital Demo Account Information

digital capital Demo Account Guide

• Demo Account Features and Benefits:

• Access to a risk-free trading environment

• Ability to practice trading strategies without financial risk

• Virtual funds typically around $100,000

• How to Open a Demo Account:

• Visit the broker's website and select the demo account option.

• Fill in the required information and create your demo account.

• Demo Account Limitations:

• Limited duration in some cases

• No real profits can be made

• Virtual Balance Amount:

• Typically set at $100,000 or similar, depending on the broker.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money.

• Market conditions may differ slightly in a demo environment.

• Duration/Expiry of Demo Accounts:

• Demo accounts may last for a specified period (e.g., 30 days) or remain active until the user decides to close them.

Part 6: digital capital Islamic Account (if available)

digital capital Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Islamic accounts are available and comply with Sharia law.

• Eligibility Requirements:

• Must be a practicing Muslim

• Provide documentation if required by the broker

• Differences from Standard Accounts:

• No swap fees applied

• Similar features to standard accounts

• How to Apply for Islamic Account:

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

• Restrictions or Special Conditions:

• May have specific trading conditions or limitations on certain instruments.

FAQs – digital capital Account Types & Opening

1. What account types does digital capital offer？

• Digital capital offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $5,000, Islamic: $100, Demo: N/A.

1. How long does digital capital account verification take？

• Verification typically takes 1-3 business days.

1. Does digital capital offer demo accounts？

• Yes, digital capital provides demo accounts for practice trading.

1. Can I have multiple account types with digital capital？

• Yes, many brokers allow clients to hold multiple account types.

1. Does digital capital offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available and comply with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, account types can typically be upgraded or downgraded through account settings or customer support.