HELIX broker Accounts

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

helix Account Types Explained

Helix offers a variety of account types designed to cater to different trading needs and preferences. Below is a detailed overview of each account type, including minimum deposit requirements, spread/commission structures, leverage options, key features, target user profiles, and available trading instruments.

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:
• Access to all trading instruments
• Standard execution
• Educational resources available
• Target User Profile: Beginners and intermediate traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads from 0.1 pips + commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• No dealing desk intervention
• Advanced trading tools
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads starting from 0.0 pips + commission of $3 per lot
• Leverage Options: Up to 1:100
• Key Features:
• Enhanced trading conditions
• Priority customer support
• Access to exclusive market insights
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, depending on the chosen type
• Leverage Options: Up to 1:200
• Key Features:
• Swap-free trading
• Compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000)
• Spread/Commission Structure: Similar to Standard account
• Leverage Options: Up to 1:500
• Key Features:
• Risk-free trading environment
• Access to all trading instruments
• Educational tools and resources
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed helix Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• User-friendly for beginners
• Access to educational resources
• ECN Account:
• Low spreads and commissions
• Direct market access
• Ideal for scalping strategies
• Pro Account:
• Tightest spreads available
• Enhanced trading conditions
• Priority customer support
• Islamic Account:
• Compliant with Islamic finance principles
• No swap fees
• Demo Account:
• Risk-free trading environment
• Ideal for practice and strategy testing
• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN and Pro accounts
• ECN Account:
• Higher minimum deposit requirement
• Commission fees may deter some traders
• Pro Account:
• High minimum deposit requirement
• Not suitable for beginners
• Islamic Account:
• Limited to Muslim traders
• Demo Account:
• No real money involved
• Limited duration before expiry

helix Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries, but specific restrictions may apply
• Prohibited Countries: Countries under international sanctions or restrictions
• Identity Verification Documents Needed:
• Government-issued ID (passport, drivers license)
• Proof of residency (utility bill, bank statement)
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

• Customers must complete Know Your Customer (KYC) procedures to verify identity and comply with Anti-Money Laundering (AML) regulations.
• This includes submitting identification and proof of address documents.

Verification Time Frames

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

Step-by-Step helix Account Opening Guide

Registration Process

1. Visit the Website: Go to the helix 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 and risk tolerance.
5. Document Upload: Upload required documents for identity verification.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit funds into your newly created account.
8. Start Trading: Begin trading with your account.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have a more streamlined design for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload errors
• Solution: Ensure documents are clear and meet the required specifications.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average time for account approval is typically 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Account types can be changed by contacting customer support and following the necessary procedures for upgrading or downgrading.

helix Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice trading strategies without financial risk.
• It provides access to all trading instruments and educational resources.

How to Open a Demo Account

• Visit the helix website and select the demo account option.
• Fill in the required personal information and create a demo account.

Demo Account Limitations

• The demo account may have a virtual balance limit (e.g., $10,000).
• It is typically available for a limited time before expiration.

Virtual Balance Amount

• The virtual balance is usually set at $10,000 for practice purposes.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money.
• Market conditions may differ slightly due to latency and execution speed.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days, but this may vary based on the broker's policies.

helix Islamic Account Details

Swap-Free/Islamic Account Availability

• Helix offers Islamic accounts that are compliant with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Traders must declare their Muslim faith to qualify for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for long-term positions.

How to Apply for Islamic Account

• Apply for an Islamic account during the registration process by selecting the appropriate option.

Restrictions or Special Conditions

• Islamic accounts may have specific conditions regarding trading strategies and instruments.

FAQs – helix Account Types & Opening

1. What account types does helix offer？

• Helix 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: $500, Demo: Virtual balance.

1. How long does helix account verification take？

• Verification typically takes 1-3 business days.

1. Does helix offer demo accounts？

• Yes, helix offers demo accounts for practice trading.

1. Can I have multiple account types with helix？

• Yes, you can have multiple account types, but you may need to contact support for changes.

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

• Yes, helix offers Islamic accounts that are compliant with Sharia law.

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

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

1. Can I change my account type after registration？

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