Divya broker Accounts

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

divya Account Types Explained

Divya offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available through Divya.

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:
• Access to all trading instruments
• User-friendly platform
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Fast execution speeds
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads with lower commissions
• Leverage Options: Up to 1:300
• Key Features:
• Advanced trading tools
• Dedicated account manager
• Target User Profile: Professional traders
• Trading Instruments Available: All instruments

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features:
• Practice trading without risk
• Access to all trading instruments
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: All instruments

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed divya Account Features

Comparison of Features Across Different Account Types

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly interface
• Access to a wide range of instruments
• Disadvantages:
• Higher spreads compared to ECN accounts
• Limited advanced features

ECN Account

• Advantages:
• Raw spreads
• Fast execution
• Suitable for high-frequency trading
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Lower commission fees
• Advanced trading tools
• Dedicated support
• Disadvantages:
• Higher minimum deposit required

Islamic Account

• Advantages:
• Complies with Sharia law
• No swap fees
• Disadvantages:
• Limited to Muslim traders

Demo Account

• Advantages:
• Risk-free trading environment
• Access to all features
• Disadvantages:
• No real profits
• Limited duration

divya Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries; check specific restrictions.
• Prohibited Countries: Certain jurisdictions may be restricted; verify with Divya.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license)
• Social Security Number (or equivalent)
• Proof of Residence Requirements:
• Utility bill or bank statement dated within the last three months
• Additional Documentation for Professional Accounts:
• Proof of income or trading experience may be required.

KYC/AML Compliance Procedures

• All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Verification may include document submission and identity checks.

Verification Time Frames

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

Step-by-Step divya Account Opening Guide

Registration Process

1. Visit Website: Go to the Divya official website.
2. Click Registration: Find and click on the "Open an Account" button.
3. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify your trading preferences and leverage options.
6. Document Upload: Upload the required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to activate your account.
9. Start Trading: Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

• Issue: OTP not received.
• Solution: Click "Resend OTP" after waiting for 60 seconds.
• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and size.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade, providing necessary documentation as required.

divya Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Access to all trading instruments and features available in live accounts.

How to Open a Demo Account

• Follow the same registration steps as for a live account, selecting "Demo Account" during the account type selection.

Demo Account Limitations

• Virtual funds may have a limit, and accounts may expire after a certain period.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days unless extended by the broker.

divya Islamic Account Details

Swap-Free/Islamic Account Availability

• Divya offers Islamic accounts that comply with Sharia law, allowing for trading without swap fees.

Eligibility Requirements

• Must be a practicing Muslim to qualify for the Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for long-term trading.

How to Apply for Islamic Account

• Select "Islamic Account" during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

• Ensure compliance with Islamic finance principles; verify with Divya for any specific conditions.

FAQs – divya Account Types & Opening

1. What account types does divya offer？

• Divya 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: N/A.

1. How long does divya account verification take？

• Verification typically takes 1-3 business days.

1. Does divya offer demo accounts？

• Yes, Divya provides demo accounts for practice trading.

1. Can I have multiple account types with divya？

• Yes, you can open multiple account types as needed.

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

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

1. What documents do I need to open a divya 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.