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Rating Index

Pros

Wide range of financial services offered, including investment planning and retirement planning.

Personalized attention due to a low advisor-to-client ratio, which can enhance client relationships.

Strong average client balance, indicating a level of trust and satisfaction among existing clients.

Cons

Lack of regulatory oversight, as the broker is not regulated, which may pose risks for investors.

Presence of disciplinary alerts, which could raise concerns about the firm's compliance and ethical practices.

Limited geographical service area, restricting access for potential clients outside of the operational states.

Fleet Capital broker Accounts

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

fleet capital Account Types Explained

Fleet Capital offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type available:

1. Standard Account

Minimum Deposit Requirement: $100
Spread/Commission Structure: Variable spreads starting from 1.0 pips
Leverage Options: Up to 1:500
Key Features: Access to all trading instruments, including forex, commodities, and indices.
Target User Profile: Suitable for beginners and intermediate traders.
Trading Instruments Available: Forex pairs, commodities, indices.

2. ECN Account

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

3. Pro Account

Minimum Deposit Requirement: $1,000
Spread/Commission Structure: Variable spreads starting from 0.5 pips with a commission of $2 per lot.
Leverage Options: Up to 1:300
Key Features: Enhanced trading conditions and priority customer support.
Target User Profile: Professional traders.
Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

4. Islamic Account

Minimum Deposit Requirement: $100
Spread/Commission Structure: Similar to the Standard Account, but swap-free.
Leverage Options: Up to 1:500
Key Features: Complies with Sharia law, no interest charges.
Target User Profile: Muslim traders.
Trading Instruments Available: Forex pairs, commodities, indices.

5. Demo Account

Minimum Deposit Requirement: Virtual funds (typically $10,000)
Spread/Commission Structure: Same as the 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 looking to test strategies.
Trading Instruments Available: Forex pairs, commodities, indices.

Account Type Comparison Table

Account Type	Minimum Deposit	Spread	Commission	Leverage	Target User Profile
Standard	$100	From 1.0 pips	None	Up to 1:500	Beginners
ECN	$500	From 0.0 pips	$3/lot	Up to 1:200	Advanced
Pro	$1,000	From 0.5 pips	$2/lot	Up to 1:300	Professional
Islamic	$100	From 1.0 pips	None	Up to 1:500	Muslim Traders
Demo	Virtual funds	Same as Standard	None	Up to 1:500	All levels

Recommended Account Types by Trader Level

Beginners: Standard Account, Demo Account
Intermediate: Standard Account, Pro Account
Advanced: ECN Account, Pro Account
Professional: Pro Account

Detailed fleet capital Account Features

Feature Comparison Across Account Types

Feature	Standard Account	ECN Account	Pro Account	Islamic Account	Demo Account
Minimum Deposit	$100	$500	$1,000	$100	Virtual funds
Maximum Leverage	1:500	1:200	1:300	1:500	1:500
Typical Spread	From 1.0 pips	From 0.0 pips	From 0.5 pips	From 1.0 pips	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	Yes	Yes	Yes	Yes	Yes

Advantages of Each Account Type

Standard Account:
Low minimum deposit.
No commission fees.
Suitable for beginners.
ECN Account:
Tight spreads and fast execution.
Ideal for high-frequency traders.
Direct market access.
Pro Account:
Enhanced trading conditions.
Lower commission fees.
Priority customer support.
Islamic Account:
Complies with Sharia law.
No interest charges.
Suitable for Muslim traders.
Demo Account:
Risk-free trading environment.
Access to all trading instruments.
Ideal for practice and strategy testing.

Disadvantages of Each Account Type

Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Higher minimum deposit.
Commission fees may add up.
Pro Account:
Higher minimum deposit.
Not suitable for beginners.
Islamic Account:
Limited to specific trading conditions.
May not offer all features of other accounts.
Demo Account:
Virtual funds may not reflect real trading psychology.
Limited duration for practice.

fleet capital Account Registration Requirements

Eligibility Criteria

Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
Prohibited Countries: Countries under international sanctions or restrictions may be prohibited.
Identity Verification Documents Needed:
Government-issued ID (passport or drivers license).
Proof of address (utility bill or bank statement).
Proof of Residence Requirements: Recent document showing your name and address.
Additional Documentation for Professional Accounts: May require business registration documents and proof of trading experience.

KYC/AML Compliance Procedures

Fleet Capital adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

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

Step-by-Step fleet capital Account Opening Guide

Detailed Registration Process

Visit Website and Click Registration: Navigate to the Fleet Capital website and click on the "Register" button.
Personal Information Entry: Fill in your personal details, including name, email, and phone number.
Choose Account Type: Select the account type that best suits your trading needs.
Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
Document Upload: Upload the required identity verification documents.
Account Verification: Wait for the verification team to review your documents.
Fund Your Account: Once verified, deposit funds into your account using available payment methods.
Start Trading: Access the trading platform and begin trading.