HHB broker Accounts

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

hhb Account Types Explained

HHB offers a variety of account types tailored to different trading needs and experience levels. 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; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, access to all trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, faster execution speeds.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $2 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; swap-free.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law; no interest charges.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• Key Features: Risk-free trading environment, practice strategies.
• Target User Profile: Beginners and those testing new strategies.
• Trading Instruments Available: Forex, commodities, indices.

Detailed hhb Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:400

• Islamic: Up to 1:500

• Demo: Same as Standard

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: Same as Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All account types: MT4, MT5.

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual trading environment with real market conditions.

Advantages and Disadvantages of Each Account Type

Standard Account:

• Advantages:
• Low minimum deposit.
• No commission fees.
• Suitable for beginners.
• Disadvantages:
• Higher spreads compared to ECN accounts.

ECN Account:

• Advantages:
• Tight spreads and fast execution.
• Suitable for scalping.
• Disadvantages:
• Higher minimum deposit and commission fees.

Pro Account:

• Advantages:
• Lower commission fees.
• Advanced trading tools.
• Disadvantages:
• Higher minimum deposit required.

Islamic Account:

• Advantages:
• Complies with Sharia law.
• No interest charges.
• Disadvantages:
• Limited to specific trading instruments.

Demo Account:

• Advantages:
• Risk-free environment for practice.
• Access to all trading features.
• Disadvantages:
• Virtual funds may not reflect real trading conditions.

hhb Account Registration Requirements

Eligibility Criteria

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

KYC/AML Compliance Procedures

• HHB adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence.

Verification Time Frames

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

Step-by-Step hhb Account Opening Guide

Registration Process

1. Visit Website: Go to the HHB official website.
2. Click Registration: Find and click on the "Register" 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 (leverage, trading instruments).
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to activate your account.
9. Start Trading: Once funded, you can start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile may have additional security features like biometric verification.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Delayed verification.
• Solution: Check email for any requests for additional information.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade. Ensure you meet the minimum deposit requirements for the new account type.

hhb Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment with virtual funds.
• Access to all trading instruments and features available in live accounts.

How to Open a Demo Account

• Follow the same registration process as for live accounts, selecting "Demo Account" during the account type selection.

Demo Account Limitations

• Limited to virtual funds; cannot withdraw or transfer virtual profits.

Virtual Balance Amount

• Typically set at $10,000 for practice purposes.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, but this may vary by broker.

hhb Islamic Account Details

Swap-Free/Islamic Account Availability

• HHB offers Islamic accounts that comply with Sharia law, allowing trading without interest charges.

Eligibility Requirements

• Must meet the same age and identity verification requirements as other account types.

Differences from Standard Accounts

• Islamic accounts are swap-free and may have different spreads or commissions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must adhere to Islamic trading principles; no interest or swap fees.

FAQs – hhb Account Types & Opening

1. What account types does hhb offer？

• HHB 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: Virtual funds.

1. How long does hhb account verification take？

• Typically 1-3 business days.

1. Does hhb offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with hhb？

• Yes, you can open multiple account types as long as you meet the requirements.

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

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

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

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

1. Can I change my account type after registration？

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