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

founder securities Account Types Explained

founder securities offers a variety of account types designed to cater to different trading needs and profiles. 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: Ideal for beginners; access to all trading instruments.
• Target User Profile: Beginners and casual traders.
• 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 $7 per round turn.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; faster execution speeds.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Spreads from 1.0 pip; commission of $5 per round turn.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools; dedicated account manager.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: All instruments available.

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• 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 those testing strategies.
• Trading Instruments Available: All instruments available.

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
• Strategy Testers: Demo Account

Detailed founder securities Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Suitable for beginners.

• Access to a wide range of instruments.

• ECN Account:

• Tight spreads and fast execution.

• Ideal for scalping and high-frequency trading.

• Transparency in pricing.

• Pro Account:

• Advanced trading tools and resources.

• Personalized support.

• Suitable for professional trading strategies.

• Islamic Account:

• Compliant with Islamic finance principles.

• No interest charges.

• Flexible trading options.

• Demo Account:

• Risk-free trading environment.

• Ideal for practicing strategies.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may affect profitability.

• Pro Account:

• High minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited availability of advanced features.

• Similar spreads to Standard Account.

• Demo Account:

• No real profit potential.

• Limited to virtual funds.

founder securities Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; however, some regions may be restricted.
• Prohibited Countries: Specific countries may be restricted due to regulatory issues (exact countries not specified).

Identity Verification Documents Needed

• For Individual Accounts:

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

• Proof of residence (utility bill or bank statement).

• For Corporate Accounts:

• Company registration documents.

• Identification for all directors and shareholders.

Proof of Residence Requirements

• Recent utility bill or bank statement (issued within the last three months).

Additional Documentation for Professional Accounts

• Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• Verification of identity and address.
• Compliance with anti-money laundering regulations.

Verification Time Frames

• Account verification typically takes 1-3 business days.

Step-by-Step founder securities Account Opening Guide

Detailed Registration Process

1. Visit Website: Go to the founder securities website and click on the registration button.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences and leverage requirements.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

• Issue: Document upload failures.

• Solution: Ensure documents are clear and in the correct format.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request changes through the account management section on the website or contact customer support.

founder securities Demo Account Guide

Demo Account Features and Benefits

• Access to real market conditions without financial risk.
• Ability to practice trading strategies and familiarize with the trading platform.

How to Open a Demo Account

• Sign up on the founder securities website and select the demo account option.

Demo Account Limitations

• Limited to virtual funds; cannot withdraw profits.

Virtual Balance Amount

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

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts require actual capital.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, after which they may need to be renewed.

founder securities Islamic Account Details

Swap-free/Islamic Account Availability

• Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

• Must provide proof of Muslim faith or intention to trade in accordance with Islamic principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, which are typically charged on overnight positions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• The same trading conditions apply as in the Standard Account, but without swap fees.

FAQs – founder securities Account Types & Opening

1. What account types does founder securities offer？

• Founder securities offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $5,000, Islamic: $100, Demo: N/A.

1. How long does founder securities account verification take？

• Verification typically takes 1-3 business days.

1. Does founder securities offer demo accounts？

• Yes, founder securities provides demo accounts for practice trading.

1. Can I have multiple account types with founder securities？

• Yes, traders can open multiple account types if they meet the requirements.

1. Does founder securities offer Islamic/swap-free accounts？

• Yes, founder securities offers Islamic accounts that are compliant with Sharia law.

1. What documents do I need to open a founder securities 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.