HCT broker Accounts

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

Part 1: hct Account Types Overview

hct Account Types Explained

HCT offers a variety of account types tailored to different trading needs and experiences. Below is a detailed overview of each account type, including their features, requirements, and target user profiles.

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• All Levels for Practice: Demo Account

Part 2: hct Account Features Comparison

Detailed hct Account Features

When comparing the features of different hct account types, several key aspects stand out:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Demo: N/A

• Spreads (Typical/Minimum):

• Standard: Fixed from 1.5 pips

• ECN: Variable, starting from 0.1 pips + commission

• Pro: Low spreads, commission based

• Islamic: Fixed from 1.5 pips

• Demo: N/A

• Commission Fees:

• Standard: None

• ECN: Yes, based on volume

• Pro: Yes, based on volume

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro and Mini

• ECN: Standard

• Pro: Standard

• Islamic: Micro and Mini

• Demo: N/A

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• 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: N/A

• Demo Account Features:

• Virtual balance for practice trading

• Access to all trading instruments

• Duration typically lasts for 30 days

Advantages and Disadvantages of Each Account Type

Standard Account:

• Advantages:
• Low minimum deposit
• Fixed spreads
• Suitable for beginners
• Disadvantages:
• Limited advanced features
• Higher spreads compared to ECN

ECN Account:

• Advantages:
• Direct market access
• Lower spreads
• Suitable for high-frequency traders
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account:

• Advantages:
• Advanced trading tools
• Priority customer support
• Low trading costs
• Disadvantages:
• High minimum deposit
• Commission fees apply

Islamic Account:

• Advantages:
• Compliant with Sharia law
• No swap fees
• Suitable for Muslim traders
• Disadvantages:
• Limited to specific trading instruments

Demo Account:

• Advantages:
• Risk-free trading environment
• Practice without financial commitment
• Disadvantages:
• No real profits
• Limited to a set duration

Part 3: hct Account Opening Requirements

hct Account Registration Requirements

To open an account with hct, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available globally, but specific countries may be restricted.
• Prohibited Countries: Certain jurisdictions may be restricted due to regulatory reasons.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide documentation showing current residence.
• Additional Documentation for Professional Accounts: May require business registration documents or financial statements.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

Verification Time Frames

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

Part 4: hct Account Opening Process

Step-by-Step hct Account Opening Guide

1. Visit the Website: Navigate to the hct official website.
2. Click Registration: Find and click on the "Open an Account" button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the account to be verified by hct.
8. Fund Your Account: Once verified, deposit funds into your account to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, although the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format (JPEG, PDF).
• Issue: Delayed verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average time for account approval is 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• Account holders can request to upgrade or downgrade their account type through the customer service portal or by contacting support.

Part 5: hct Demo Account Information

hct Demo Account Guide

• Demo Account Features and Benefits:

• Allows practice trading with virtual funds.

• Access to the same trading platforms and instruments as live accounts.

• Ideal for testing strategies without financial risk.

• How to Open a Demo Account:

• Follow the same registration process as a live account but select the demo option.

• Demo Account Limitations:

• Limited duration (typically 30 days).

• No real money trading or profits.

• Virtual Balance Amount:

• Typically starts with a virtual balance of $10,000.

• Demo vs Live Account Differences:

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

• Market conditions may differ slightly due to latency and execution speed.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days unless extended by customer support.

Part 6: hct Islamic Account Details

hct Islamic Account Details

• Swap-Free/Islamic Account Availability:

• hct offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

• Eligibility Requirements:

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

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees, which are typically charged on overnight positions.

• 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 that differ from standard accounts.

FAQs – hct Account Types & Opening

1. What account types does hct offer？

• hct 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 hct account verification take？

• Account verification typically takes 1-3 business days.

1. Does hct offer demo accounts？

• Yes, hct offers demo accounts for practice trading.

1. Can I have multiple account types with hct？

• Yes, you can have multiple account types with hct.

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

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

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

• Government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type.