has Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: has Account Types Overview
has Account Types Explained
The "has" trading platform offers several account types tailored to different trading needs and preferences. Below are the primary account types available:
- Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
- Leverage Options: Up to 1:500.
- Key Features: Ideal for beginners; access to all trading instruments.
- Target User Profile: Beginner traders.
- Trading Instruments Available: Forex, commodities, indices.
- ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $3 per lot.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access; lower spreads; suitable for scalping.
- Target User Profile: Advanced traders.
- Trading Instruments Available: Forex, cryptocurrencies, commodities.
- Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Fixed spreads starting from 1.5 pips; commission of $2 per lot.
- Leverage Options: Up to 1:300.
- Key Features: Enhanced trading conditions; priority customer support.
- Target User Profile: Professional traders.
- Trading Instruments Available: Forex, indices, commodities.
- Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account; no swap fees.
- Leverage Options: Up to 1:500.
- Key Features: Complies with Sharia law; no interest on overnight positions.
- Target User Profile: Muslim traders.
- Trading Instruments Available: Forex, commodities, indices.
- Demo Account
- Minimum Deposit Requirement: Virtual funds (typically $10,000).
- Spread/Commission Structure: Same as Standard Account.
- Leverage Options: Same as Standard Account.
- Key Features: Risk-free trading environment; practice trading strategies.
- Target User Profile: All levels, especially beginners.
- Trading Instruments Available: Forex, commodities, indices.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginner: Standard Account
- Intermediate: ECN Account
- Advanced: Pro Account
- Muslim Traders: Islamic Account
- Practice: Demo Account
Part 2: has Account Features Comparison
Detailed has Account Features
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.
Advantages of Each Account Type
-
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.
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:
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.
Part 3: has Account Opening Requirements
has Account Registration Requirements
Eligibility Criteria:
-
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.
KYC/AML Compliance Procedures
- Verification of identity and address through submitted documents.
- Possible background checks based on the applicant's financial history.
Verification Time Frames
- Typically, account verification takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: has Account Opening Process
Step-by-Step has Account Opening Guide
- Visit Website and Click Registration: Navigate to the has trading platform website and click on the registration button.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
- Set Trading Preferences: Indicate your trading preferences and risk tolerance.
- Document Upload: Upload required identity verification documents.
- Account Verification: Wait for the platform to verify your documents.
- Fund Your Account: Deposit the minimum required amount to activate your account.
- Start Trading: Once approved, you can begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, though mobile may have simplified steps.
Common Registration Issues and Solutions
- Issue: Document verification failure.
- Solution: Ensure documents are clear and meet requirements.
- Issue: Account approval delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Generally, account approval takes between 1-3 business days.
How to Upgrade/Downgrade Account Types
- Contact customer support to request an upgrade or downgrade; may require additional documentation or a new application.
has Demo Account Guide
Demo Account Features and Benefits
- Provides a risk-free environment to practice trading strategies.
- Access to all trading instruments available in live accounts.
How to Open a Demo Account
- Select the demo account option during the registration process and follow the prompts.
Demo Account Limitations
- Virtual funds may not reflect real market conditions; limited duration.
Virtual Balance Amount
- Typically, demo accounts come with a virtual balance of $10,000.
Demo vs Live Account Differences
- Demo accounts use virtual funds; live accounts involve real money and market conditions.
Duration/Expiry of Demo Accounts
- Demo accounts usually remain active for 30 days, but this can vary by platform.
Part 6: has Islamic Account Details
has Islamic Account Details
Swap-Free/Islamic Account Availability
- Islamic accounts are available and comply with Sharia law.
Eligibility Requirements
- Must be a Muslim trader; provide necessary documentation.
Differences from Standard Accounts
- No swap fees; similar trading conditions to Standard accounts.
How to Apply for Islamic Account
- Select the Islamic account option during registration or contact support for assistance.
Restrictions or Special Conditions
- Must adhere to Islamic finance principles; no interest on overnight positions.
FAQs – has Account Types & Opening
- What account types does has offer?
- has offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.
- How long does has account verification take?
- Account verification typically takes 1-3 business days.
- Does has offer demo accounts?
- Yes, has offers demo accounts for practice trading.
- Can I have multiple account types with has?
- Yes, you can open multiple account types.
- Does has offer Islamic/swap-free accounts?
- Yes, has offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a has account?
- A government-issued ID, Social Security Number or ITIN, and proof of residence.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type through customer support.
HAS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .