Search

Rating Index

Pros

Established reputation with over 30 years in the industry
A+ rating from the Better Business Bureau, indicating a commitment to customer service
Wide range of cargo services, including general freight and refrigerated goods

Cons

Previous involuntary revocations of broker authority may raise concerns about reliability
Limited online presence and transparency regarding management and operations
Potential issues with customer service based on mixed reviews from clients

DTL broker Accounts

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

dtl Account Types Explained

When considering forex trading with DTL, understanding the various account types available is crucial. Each account type is tailored to meet different trading needs and preferences. Below is a detailed overview of the available account types:

1. Standard Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission
  • Leverage Options: Up to 1:500
  • Key Features: User-friendly interface, access to a wide range of trading instruments
  • Target User Profile: Beginners and intermediate traders
  • Trading Instruments Available: Forex, commodities, indices

2. ECN Account

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

3. Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Competitive spreads starting from 1.0 pips, commission of $2 per lot
  • Leverage Options: Up to 1:400
  • Key Features: Enhanced trading conditions, priority customer support
  • Target User Profile: Professional traders and institutions
  • Trading Instruments Available: Forex, commodities, indices, stocks

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to the Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Swap-free trading to comply with Islamic finance principles
  • Target User Profile: Muslim traders seeking compliant trading options
  • Trading Instruments Available: Forex, commodities, indices

5. Demo Account

  • Minimum Deposit Requirement: Not applicable (virtual funds)
  • Spread/Commission Structure: Same as Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Risk-free environment to practice trading strategies
  • Target User Profile: Beginners and those testing new strategies
  • Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Account Type Minimum Deposit Spread Commission Leverage Key Features
Standard $100 From 1.5 pips None Up to 1:500 User-friendly, wide range of instruments
ECN $500 From 0.0 pips $3/lot Up to 1:200 Direct market access, lower spreads
Pro $1,000 From 1.0 pips $2/lot Up to 1:400 Enhanced conditions, priority support
Islamic $100 Similar to Standard None Up to 1:500 Swap-free trading
Demo Not applicable Same as Standard None Up to 1:500 Risk-free practice

  • Beginners: Standard Account or Demo Account
  • Intermediate Traders: Standard Account or Pro Account
  • Advanced Traders: ECN Account
  • Professional Traders: Pro Account

Detailed dtl Account Features

Account Features Comparison

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 Not applicable
Maximum Leverage Up to 1:500 Up to 1:200 Up to 1:400 Up to 1:500 Up to 1:500
Spreads From 1.5 pips From 0.0 pips From 1.0 pips Similar to Standard Same as Standard
Commission Fees None $3/lot $2/lot None None
Lot Size Standard Standard Standard Standard Standard
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market Market
Islamic Account Availability No No No Yes No
Swap-free Options No No No Yes No
Demo Account Features No No No No Yes

Advantages of Each Account Type

  • Standard Account: Easy to use, low minimum deposit, no commission fees.
  • ECN Account: Tight spreads, fast execution, ideal for scalping.
  • Pro Account: Competitive conditions, dedicated support.
  • Islamic Account: Compliant with Islamic finance, no swap fees.
  • Demo Account: Risk-free trading, practice strategies without financial risk.

Disadvantages of Each Account Type

  • Standard Account: Higher spreads compared to ECN.
  • ECN Account: Higher minimum deposit and commission fees.
  • Pro Account: Requires a higher initial investment.
  • Islamic Account: Limited to specific trading conditions.
  • Demo Account: No real profits, limited to virtual trading.

dtl Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Minimum age of 18 years.
  • Geographic Restrictions: Available in most countries; check specific restrictions.
  • Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
  • Identity Verification Documents Needed: Government-issued ID, passport, or driver's license.
  • Proof of Residence Requirements: Utility bill or bank statement dated within the last three months.
  • Additional Documentation for Professional Accounts: Financial statements or proof of trading experience.

KYC/AML Compliance Procedures

  • Complete identity verification through document submission.
  • Provide additional information as required for compliance with anti-money laundering regulations.

Verification Time Frames

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

Step-by-Step dtl Account Opening Guide

Registration Process

  1. Visit Website: Go to the DTL official website.
  2. Click Registration: Find and click on the registration button.
  3. Personal Information Entry: Fill in 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 trading preferences and leverage options.
  6. Document Upload: Upload required identification and proof of residence documents.
  7. Account Verification: Wait for the verification process to complete.
  8. Fund Your Account: Deposit funds into your account to start trading.
  9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is generally similar on both platforms, but mobile registration may have fewer features or options available.

Common Registration Issues and Solutions

  • Issue: Document upload failure.
  • Solution: Ensure documents are clear and in the correct format.
  • Issue: Delayed verification.
  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Account approval typically takes between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

  • Log into your account and navigate to the account settings to request an upgrade or downgrade.

dtl Demo Account Guide

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading strategies.
  • Access to the same trading platform and tools as live accounts.

How to Open a Demo Account

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

Demo Account Limitations

  • Limited to virtual funds and cannot be used for real trading.

Virtual Balance Amount

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

Demo vs Live Account Differences

  • Demo accounts do not involve real money, while live accounts require actual funds.

Duration/Expiry of Demo Accounts

  • Demo accounts may expire after a certain period, usually 30 days, but can often be renewed.

dtl Islamic Account Details

Swap-free/Islamic Account Availability

  • DTL offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

  • Must provide documentation confirming the need for an Islamic account.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account

  • Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

  • Trading conditions may differ slightly from standard accounts, particularly regarding swaps.

FAQs – dtl Account Types & Opening

  1. What account types does dtl offer?
  • DTL 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: Not applicable.
  1. How long does dtl account verification take?
  • Verification typically takes 1-3 business days.
  1. Does dtl offer demo accounts?
  • Yes, DTL provides demo accounts for practice trading.
  1. Can I have multiple account types with dtl?
  • Yes, you can have multiple account types as per your trading needs.
  1. Does dtl offer Islamic/swap-free accounts?
  • Yes, DTL offers Islamic accounts that comply with Sharia law.
  1. What documents do I need to open a dtl 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 your account settings.

DTL accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
DTL Account