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Rating Index

Pros

Competitive spreads and low trading fees
User-friendly trading platform with advanced features
Strong customer support and educational resources

Cons

Limited range of trading instruments compared to larger brokers
Withdrawal fees may apply, impacting overall profitability
Some users report occasional technical issues with the trading platform

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

Account Type Minimum Deposit Spread Commission Leverage Target User Profile
Standard $100 From 1.0 pips N/A Up to 1:500 Beginners
ECN $500 From 0.0 pips $3/lot Up to 1:200 Advanced Traders
Pro $1,000 From 0.5 pips $2/lot Up to 1:300 Professional Traders
Islamic $100 Same as Standard N/A Up to 1:500 Muslim Traders
Demo N/A Same as Standard N/A Same as Standard Beginners & Testers

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

Detailed hazeldean Account Features

Account Features Comparison

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage 1:500 1:200 1:300 1:500 Same as Standard
Typical Spread From 1.0 pips From 0.0 pips From 0.5 pips Same as Standard Same as Standard
Commission Fees N/A $3/lot $2/lot N/A N/A
Lot Size Standard Standard Standard Standard N/A
Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market Market
Islamic Account No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features Yes Yes Yes Yes Yes

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.

Hazeldean accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
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