The "has" trading platform offers several account types tailored to different trading needs and preferences. Below are the primary account types available:
| Account Type | Minimum Deposit | Spread Type | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | Variable | None | 1:500 | Beginner |
| ECN | $500 | Raw | $3/lot | 1:200 | Advanced |
| Pro | $1,000 | Fixed | $2/lot | 1:300 | Professional |
| Islamic | $100 | Variable | None | 1:500 | Muslim Traders |
| Demo | Virtual Funds | Same as Standard | None | Same as Standard | All Levels |
When comparing the features across different account types, the following elements are crucial:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:500
Spreads (Typical/Minimum):
Standard: 1.0 pips (variable)
ECN: 0.0 pips (raw)
Pro: 1.5 pips (fixed)
Islamic: Same as Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Mini, Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
All account types support MT4 and MT5.
Execution Type:
Standard: Market
ECN: Instant
Pro: Market
Islamic: Market
Islamic Account Availability:
Available for Standard and Islamic accounts.
Swap-Free Options:
Offered in Islamic accounts.
Demo Account Features:
Virtual balance for practice; same trading conditions as Standard Account.
Standard Account:
Easy to open; no commission fees; ideal for beginners.
ECN Account:
Lower spreads; direct market access; suitable for scalping.
Pro Account:
Enhanced trading conditions; priority support; fixed spreads.
Islamic Account:
Compliant with Sharia law; no swap fees; accessible to Muslim traders.
Demo Account:
Risk-free environment; practice without financial risk; access to all trading instruments.
Standard Account:
Higher spreads compared to ECN; limited advanced features.
ECN Account:
Higher minimum deposit; commission fees may add up.
Pro Account:
Requires a significant initial investment; not suitable for casual traders.
Islamic Account:
Limited to specific trading conditions; may not be available in all regions.
Demo Account:
No real money involved; may not reflect real market conditions.
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; check specific regulations.
Prohibited Countries: Specific countries may be restricted; consult the platform for details.
Identity Verification Documents Needed:
Government-issued ID (passport or drivers license).
Social Security Number or Individual Taxpayer Identification Number (ITIN).
Proof of Residence Requirements:
Utility bill or bank statement with your name and address.
Additional Documentation for Professional Accounts:
Proof of trading experience or financial status may be required.
Explore broker markets account types: forex/trading accounts with demo access.