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Rating Index

Pros

Offers access to a variety of financial instruments including forex, CFDs, commodities, and indices.
Decent execution speed and competitive spreads, rated at 5.0 and 4.5 respectively.
Established in 1995, providing a sense of experience in the market.

Cons

Unregulated, which poses significant risks to traders regarding fund safety and legal protections.
Not using popular trading platforms like MT4 or MT5, which may limit functionality for some traders.
Lacks insurance for clients, increasing the risk associated with trading on the platform.

HEARTBEAT broker Accounts

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

Part 1: heartbeat Account Types Overview

heartbeat Account Types Explained

Heartbeat offers several account types tailored to different trading needs and experiences. Below is a comprehensive overview of each account type available on the platform:

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Variable spreads, no commission Up to 1:500 Basic features, suitable for beginners Beginner Forex, commodities, indices
ECN $500 Low spreads, commission per trade Up to 1:200 Direct market access, faster execution Advanced Forex, commodities
Pro $1,000 Tight spreads, commission based on volume Up to 1:100 Advanced trading tools, analytics Institutional Forex, commodities, indices
Islamic $100 Variable spreads, no commission Up to 1:500 Swap-free, compliant with Sharia law Muslim traders Forex, commodities
Demo N/A N/A N/A Practice trading without risk All levels Forex, commodities, indices

  • Beginner: Standard Account
  • Intermediate: ECN Account
  • Advanced/Institutional: Pro Account
  • Muslim Traders: Islamic Account
  • Practice: Demo Account

Part 2: heartbeat Account Features Comparison

Detailed heartbeat Account Features

The following table compares key features across different heartbeat account types:

Feature Standard ECN Pro Islamic Demo
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage 1:500 1:200 1:100 1:500 N/A
Spreads (Typical/Minimum) Variable Low Tight Variable N/A
Commission Fees None Yes Yes None N/A
Lot Size Standard Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No No No Yes No
Swap-free Options No No No Yes No
Demo Account Features N/A N/A N/A N/A Yes

Advantages of each account type

  • Standard Account:
  • Low minimum deposit
  • No commission fees
  • Suitable for beginners
  • ECN Account:
  • Low spreads
  • Direct market access
  • Faster execution
  • Pro Account:
  • Tight spreads
  • Advanced trading tools
  • Suitable for institutional traders
  • Islamic Account:
  • Compliant with Sharia law
  • No swap fees
  • Demo Account:
  • Risk-free trading environment
  • Access to all trading instruments

Disadvantages of each account type

  • Standard Account:
  • Limited advanced features
  • ECN Account:
  • Higher minimum deposit
  • Commission fees apply
  • Pro Account:
  • Higher minimum deposit
  • More complex for beginners
  • Islamic Account:
  • Limited availability for non-Muslim traders
  • Demo Account:
  • No real money trading

Part 3: heartbeat Account Opening Requirements

heartbeat Account Registration Requirements

To open a heartbeat account, users must meet the following eligibility criteria:

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Specific countries may be restricted based on regulatory compliance.
  • Prohibited Countries: Users from certain jurisdictions may not be allowed to open accounts (specific countries not listed).
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or driver's license)
  • Proof of address (utility bill or bank statement)
  • Proof of Residence Requirements: Must provide a document that clearly shows the user's name and address.
  • Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

  • Users must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which include verifying identity and residence.

Verification Time Frames

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

Part 4: heartbeat Account Opening Process

Step-by-Step heartbeat Account Opening Guide

  1. Visit Website and Click Registration: Go to the heartbeat 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 (Standard, ECN, Pro, Islamic, or Demo).
  4. Set Trading Preferences: Indicate trading preferences and risk tolerance.
  5. Document Upload: Upload required identity verification documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to start trading.
  8. 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, but the mobile interface may have simplified steps.

Common Registration Issues and Solutions

  • Issue: Document upload fails.
  • Solution: Ensure documents 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 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Users can request to upgrade or downgrade their account type through the account settings or by contacting customer support.

Part 5: heartbeat Demo Account Information

heartbeat Demo Account Guide

  • Demo Account Features and Benefits:

  • Access to all trading instruments.

  • Practice trading strategies without financial risk.

  • Simulated trading environment with real market conditions.

  • How to Open a Demo Account:

  • Follow the same registration steps but select the Demo Account option.

  • Demo Account Limitations:

  • Limited to virtual funds and does not allow real money trading.

  • Virtual Balance Amount:

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

  • Demo vs Live Account Differences:

  • Demo accounts simulate trading without risk, while live accounts involve real money and market conditions.

  • Duration/Expiry of Demo Accounts:

  • Demo accounts may expire after a certain period, often 30 days, but can be renewed.

Part 6: heartbeat Islamic Account (if available)

heartbeat Islamic Account Details

  • Swap-free/Islamic Account Availability:

  • Yes, heartbeat offers an Islamic account option.

  • Eligibility Requirements:

  • Must be a Muslim trader seeking compliance with Sharia law.

  • Differences from Standard Accounts:

  • Islamic accounts do not incur swap fees.

  • How to Apply for Islamic Account:

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

  • Restrictions or Special Conditions:

  • Must adhere to the principles of Islamic finance.

FAQs – heartbeat Account Types & Opening

  1. What account types does heartbeat offer?
  • Heartbeat 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 heartbeat account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does heartbeat offer demo accounts?
  • Yes, heartbeat offers a demo account for practice trading.
  1. Can I have multiple account types with heartbeat?
  • Yes, users can have multiple account types, subject to the platform's policies.
  1. Does heartbeat offer Islamic/swap-free accounts?
  • Yes, heartbeat offers Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a heartbeat account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, users can request to upgrade or downgrade their account type through account settings or customer support.

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