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

Part 1: finisterre capital Account Types Overview

finisterre capital Account Types Explained

Finisterre Capital offers a range of account types designed to cater to various trading needs and preferences. Below are the primary account types available:

1. Standard Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commissions.
• Leverage Options: Up to 1:100.
• Key Features: Basic trading tools, access to major currency pairs, and standard trading conditions.
• Target User Profile: Beginner to intermediate traders.
• Trading Instruments Available: Forex, commodities, and indices.

1. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Tight spreads starting from 0.5 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Advanced trading tools, priority customer support, and lower trading costs.
• Target User Profile: Experienced traders and professionals.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:100.
• Key Features: Complies with Sharia law; swap-free trading.
• Target User Profile: Traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex and commodities.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• Key Features: Practice trading with virtual funds; access to all trading instruments.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: All available instruments.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Standard Account, Pro Account
• Advanced: Pro Account, Islamic Account

Part 2: finisterre capital Account Features Comparison

Detailed finisterre capital Account Features

The features of each account type at Finisterre Capital can be compared as follows:

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Suitable for beginners.

• Pro Account:

• Tight spreads and lower trading costs.

• Access to advanced trading tools.

• Higher leverage options.

• Islamic Account:

• Complies with Islamic finance principles.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Practice with virtual funds.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to Pro Account.

• Limited advanced features.

• Pro Account:

• Higher minimum deposit requirement.

• Commission fees apply.

• Islamic Account:

• Limited to specific trading instruments.

• Not available for all traders.

• Demo Account:

• Virtual funds do not reflect real market conditions.

• Limited duration for practice.

Part 3: finisterre capital Account Opening Requirements

finisterre capital Account Registration Requirements

To open an account with Finisterre Capital, the following eligibility criteria and documentation are required:

• Eligibility Criteria:

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

• Geographic Restrictions: Available to residents of most countries, with specific restrictions for certain jurisdictions.

• Prohibited Countries: Countries under international sanctions or restrictions may not be eligible.

• Identity Verification Documents Needed:

• Government-issued photo ID (passport or national ID).

• Proof of residence (utility bill or bank statement dated within the last three months).

• Additional Documentation for Professional Accounts:

• Business registration documents (if applicable).

• Proof of professional qualifications or experience in trading.

• KYC/AML Compliance Procedures:

• All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Documentation must be verified before account activation.

• Verification Time Frames:

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

Part 4: finisterre capital Account Opening Process

Step-by-Step finisterre capital Account Opening Guide

1. Visit Website and Click Registration:

• Navigate to the Finisterre Capital website and select the account type you wish to open.

1. Personal Information Entry:

• Fill in your personal details, including name, address, date of birth, and contact information.

1. Choose Account Type:

• Select the desired account type (Standard, Pro, Islamic, or Demo).

1. Set Trading Preferences:

• Indicate your trading preferences, including leverage and trading instruments.

1. Document Upload:

• Upload the required identification and proof of residence documents.

1. Account Verification:

• Wait for the verification process to complete, which may take 1-3 business days.

1. Fund Your Account:

• Once verified, deposit the minimum required amount to start trading.

1. Start Trading:

• Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may have simplified navigation.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are in the correct format and meet size requirements.

• Issue: Verification delays.

• Solution: Check that all required documents are submitted and contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• To change your account type, contact customer support to initiate the process, providing any necessary documentation for the new account type.

Part 5: finisterre capital Demo Account Information

finisterre capital Demo Account Guide

• Demo Account Features and Benefits:

• Practice trading with virtual funds.

• Access to all trading instruments available in live accounts.

• No financial risk involved.

• How to Open a Demo Account:

• Select the Demo Account option during the registration process on the Finisterre Capital website.

• Demo Account Limitations:

• Limited duration for use (typically 30 days).

• Virtual funds do not reflect real market conditions.

• Virtual Balance Amount:

• Standard demo accounts usually come with a virtual balance of $100,000.

• Demo vs Live Account Differences:

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

• Trading conditions may differ slightly due to market liquidity.

• Duration/Expiry of Demo Accounts:

• Demo accounts typically expire after 30 days of inactivity.

Part 6: finisterre capital Islamic Account Details

finisterre capital Islamic Account Details

• Swap-Free/Islamic Account Availability:

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

• Eligibility Requirements:

• Must be a trader seeking compliance with Islamic finance principles.

• Standard account verification documents are required.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

• How to Apply for Islamic Account:

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

• Restrictions or Special Conditions:

• Islamic accounts may have limited trading instruments compared to standard accounts.

FAQs – finisterre capital Account Types & Opening

1. What account types does finisterre capital offer？

• Finisterre Capital offers Standard, Pro, Islamic, and Demo accounts.

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

• Standard Account: $1,000; Pro Account: $5,000; Islamic Account: $1,000; Demo Account: N/A.

1. How long does finisterre capital account verification take？

• Account verification typically takes 1-3 business days.

1. Does finisterre capital offer demo accounts？

• Yes, Finisterre Capital offers demo accounts for practice trading.

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

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

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

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

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

• A government-issued photo 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.