Dubai capital offers several account types tailored to meet the diverse needs of traders. Below is a detailed overview of the available account types:
| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | AED 1,000 | From 1.5 pips | None | Up to 1:500 | Beginner |
| ECN | AED 5,000 | From 0.1 pips | AED 30/lot | Up to 1:200 | Advanced |
| Pro | AED 10,000 | From 1.0 pip | AED 20/lot | Up to 1:300 | Professional |
| Islamic | AED 1,000 | Same as Standard | None | Up to 1:500 | Muslim Traders |
| Demo | AED 100,000 (virtual) | Same as Standard | None | Up to 1:500 | All Levels |
When comparing the features across different account types, the following aspects are considered:
Minimum Deposit:
Standard: AED 1,000
ECN: AED 5,000
Pro: AED 10,000
Islamic: AED 1,000
Demo: AED 100,000 (virtual)
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:300
Islamic: Up to 1:500
Demo: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.5 pips
ECN: From 0.1 pips
Pro: From 1.0 pip
Islamic: Same as Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: AED 30 per lot
Pro: AED 20 per lot
Islamic: None
Demo: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Mini, 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: ECN
Pro: Instant
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Demo Account Features:
Virtual balance of AED 100,000; risk-free trading.
Standard Account:
Low minimum deposit.
No commission fees.
Suitable for beginners.
ECN Account:
Tight spreads.
Direct market access.
Ideal for high-frequency trading.
Pro Account:
Advanced trading tools.
Competitive commission structure.
Suitable for professional traders.
Islamic Account:
Compliant with Sharia law.
No swap fees.
Available for all trading instruments.
Demo Account:
Risk-free environment.
Access to all trading instruments.
Ideal for practice and strategy testing.
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Higher minimum deposit.
Commission fees apply.
Pro Account:
Higher minimum deposit.
Commission fees apply.
Islamic Account:
Limited to Muslim traders.
May have restrictions on certain instruments.
Demo Account:
Virtual funds only.
Limited to practice; no real profits.
To open a dubai capital account, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Age Requirements: Must be at least 21 years old.
Geographic Restrictions: Open to residents and non-residents of the UAE.
Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
Identity Verification Documents Needed:
Valid passport (with visa page for UAE residents).
Emirates ID (for UAE residents).
Proof of address (utility bill or bank statement).
Proof of Residence Requirements:
Utility bill or bank statement showing the applicant's name and address.
Additional Documentation for Professional Accounts:
Business registration documents (for corporate accounts).
Memorandum of Association (MOA).
KYC/AML Compliance Procedures:
All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 3-5 business days, depending on the completeness of the submitted documentation.
The registration process for opening a dubai capital account involves the following steps:
Issue: Document rejection due to poor quality.
Solution: Ensure all documents are clear and legible before uploading.
Issue: Delays in verification.
Solution: Contact customer support for updates on the verification status.
Demo Account Features and Benefits:
Allows traders to practice without financial risk.
Access to real market conditions with virtual funds.
How to Open a Demo Account:
Visit the dubai capital website and select the demo account option.
Fill out the registration form and submit.
Demo Account Limitations:
Limited to virtual trading; no real profits can be made.
Virtual Balance Amount:
AED 100,000 virtual balance for practice.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts typically remain active for 30 days, but this may vary based on the broker's policies.
Swap-Free/Islamic Account Availability:
Islamic accounts are available for all account types (Standard, ECN, Pro).
Eligibility Requirements:
Must be a Muslim trader seeking compliance with Sharia law.
Differences from Standard Accounts:
No swap fees on overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process.
Restrictions or Special Conditions:
Islamic accounts may have specific trading conditions based on Sharia compliance.
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