Hazeldean broker Accounts

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

hazeldean Account Types Explained

Hazeldean offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types:

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: Ideal for beginners, access to all trading instruments, and educational resources.
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds, and no dealing desk intervention.
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, and indices.

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: Tailored for professional traders, advanced trading tools, and premium support.
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading to comply with Islamic finance principles.
• 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 Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Practice trading with virtual funds, access to all trading instruments, and educational resources.
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account or Demo Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account

Detailed hazeldean Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account: Easy to open, no commission fees, suitable for beginners.
• ECN Account: Tight spreads, faster execution, ideal for scalpers.
• Pro Account: Lower commissions, advanced trading tools, premium support.
• Islamic Account: Complies with Islamic law, no swap fees.
• Demo Account: Risk-free trading environment, practice strategies without financial risk.

Disadvantages of Each Account Type

• Standard Account: Higher spreads compared to ECN.
• ECN Account: Requires higher minimum deposit, commission fees apply.
• Pro Account: Higher minimum deposit, may be complex for beginners.
• Islamic Account: Limited to Muslim traders, may have fewer features.
• Demo Account: No real profits, limited duration.

hazeldean Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Specific countries may be restricted; check with hazeldean for details.
• Identity Verification Documents Needed: Government-issued ID (passport, driver's license).
• Proof of Residence Requirements: Utility bill or bank statement showing the current address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• hazeldean follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify the identity of clients.

Verification Time Frames

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

Step-by-Step hazeldean Account Opening Guide

1. Visit the Website: Go to the hazeldean official website and click on the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the available options.
4. Set Trading Preferences: Indicate trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for hazeldean to verify your documents.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded and verified, you can start trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

• Issue: Document upload fails.

  Solution: Ensure files are in the correct format and within size limits.

• 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

• To change account types, contact hazeldean customer support for guidance on the process.

hazeldean Demo Account Guide

Demo Account Features and Benefits

• Offers a risk-free environment to practice trading strategies.
• Access to all trading instruments available in live accounts.
• Educational resources and tools to enhance trading skills.

How to Open a Demo Account

• Visit the hazeldean website, navigate to the demo account section, and complete the registration form.

Demo Account Limitations

• Limited duration, typically expires after 30 days unless renewed.

Virtual Balance Amount

• Demo accounts usually come with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

hazeldean Islamic Account Details

Swap-Free/Islamic Account Availability

• hazeldean offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Must be a practicing Muslim to qualify for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, but other features remain similar to standard accounts.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions; consult hazeldean for details.

FAQs – hazeldean Account Types & Opening

1. What account types does hazeldean offer？

• Hazeldean offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.

1. How long does hazeldean account verification take？

• Verification typically takes 1-3 business days.

1. Does hazeldean offer demo accounts？

• Yes, hazeldean provides demo accounts for practice trading.

1. Can I have multiple account types with hazeldean？

• Yes, you can have multiple account types.

1. Does hazeldean offer Islamic/swap-free accounts？

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

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.