HAKAN DOVIZ broker Accounts

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

hakan doviz Account Types Explained

Hakan Döviz offers various account types tailored to meet the needs of different traders. Below is a comprehensive overview of the available account types:

1. Standard Account

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

2. ECN Account

• Minimum Deposit Requirement: 5,000 TRY
• Spread/Commission Structure: Raw spreads starting from 0.1 pips; commission of 5 USD 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, indices.

3. Pro Account

• Minimum Deposit Requirement: 10,000 TRY
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of 3 USD per lot.
• Leverage Options: Up to 1:300.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: 1,000 TRY
• Spread/Commission Structure: Similar to the Standard Account, but with no swap fees.
• Leverage Options: Up to 1:100.
• Key Features: Swap-free trading in compliance with Sharia law.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:100.
• Key Features: Practice trading without risk, access to all trading tools.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Forex, commodities.

Detailed hakan doviz Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: 1,000 TRY

• ECN: 5,000 TRY

• Pro: 10,000 TRY

• Islamic: 1,000 TRY

• Demo: N/A

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:100

• Demo: 1:100

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Same as Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: 5 USD per lot

• Pro: 3 USD per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Standard lots

• ECN: Micro/mini/standard lots

• Pro: Micro/mini/standard lots

• Islamic: Standard lots

• Demo: Standard lots

• Available Trading Platforms:

• Standard: MT4

• ECN: MT4

• Pro: MT4

• Islamic: MT4

• Demo: MT4

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Market execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual funds for practice, access to all trading tools, no risk involved.

Advantages of Each Account Type

• Standard Account:
• Easy to open, no commission fees, suitable for beginners.
• ECN Account:
• Lower spreads, direct market access, suitable for scalping.
• Pro Account:
• Advanced features, lower commissions, ideal for professional traders.
• Islamic Account:
• Compliant with Sharia law, no swap fees.
• Demo Account:
• Risk-free environment, practice trading strategies.

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN.
• ECN Account:
• Requires higher minimum deposit, commission fees apply.
• Pro Account:
• High minimum deposit, commissions can add up.
• Islamic Account:
• Limited to specific trading instruments.
• Demo Account:
• Virtual funds may not reflect real market conditions.

hakan doviz Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of Turkey and select international locations.
• Prohibited Countries: Specific countries may be restricted; check with Hakan Döviz for details.
• Identity Verification Documents Needed:
• Copy of ID (passport or national ID).
• Proof of residence (utility bill or bank statement).
• Additional Documentation for Professional Accounts:
• Business registration documents (if applicable).

KYC/AML Compliance Procedures

Hakan Döviz adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. All clients must provide valid identification and proof of residence during the registration process.

Verification Time Frames

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

Step-by-Step hakan doviz Account Opening Guide

1. Visit Website and Click Registration: Navigate to the Hakan Döviz website and click on the "Register" 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 from the available options.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed.
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 desktop and mobile platforms, with a user-friendly interface designed for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• 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 to 3 business days.

How to Upgrade/Downgrade Account Types

To change your account type, contact Hakan Döviz customer support to request the upgrade or downgrade process.

hakan doviz Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading tools, practice with virtual funds, no risk involved.
• Benefits: Ideal for beginners to learn trading strategies without financial risk.

How to Open a Demo Account

Visit the Hakan Döviz website and select the option to open a demo account. Follow the registration steps similar to a live account.

Demo Account Limitations

Demo accounts may have limited access to certain trading instruments compared to live accounts.

Virtual Balance Amount

Typically, demo accounts are funded with a virtual balance of 100,000 TRY.

Demo vs Live Account Differences

Demo accounts use virtual funds, while live accounts require real money deposits and involve actual trading risks.

Duration/Expiry of Demo Accounts

Demo accounts usually remain active for 30 days, after which they may expire unless converted to a live account.

hakan doviz Islamic Account Details

Swap-Free/Islamic Account Availability

Hakan Döviz offers Islamic accounts that comply with Sharia law, ensuring no swap fees are applied.

Eligibility Requirements

Clients must declare their need for an Islamic account during the registration process.

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 account registration process or contact customer support for assistance.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions; consult Hakan Döviz for detailed information.

FAQs – hakan doviz Account Types & Opening

1. What account types does hakan doviz offer？

• Hakan Döviz offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: 1,000 TRY, ECN: 5,000 TRY, Pro: 10,000 TRY, Islamic: 1,000 TRY, Demo: N/A.

1. How long does hakan doviz account verification take？

• Verification typically takes 1-3 business days.

1. Does hakan doviz offer demo accounts？

• Yes, Hakan Döviz offers demo accounts for practice trading.

1. Can I have multiple account types with hakan doviz？

• Yes, clients can have multiple account types.

1. Does hakan doviz offer Islamic/swap-free accounts？

• Yes, Hakan Döviz offers Islamic accounts that are swap-free.

1. What documents do I need to open a hakan doviz account？

• A copy of 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.