hts Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: hts Account Types Overview
hts Account Types Explained
hts offers several account types tailored to meet the needs of different traders. Below is a breakdown of each account type, including key features, minimum deposit requirements, and target user profiles.
Recommended account types by trader level
- Beginners: Standard Account
- Intermediate: ECN Account
- Advanced: Pro Account
- Muslim Traders: Islamic Account
- Practice: Demo Account
Part 2: hts Account Features Comparison
Detailed hts Account Features
Advantages of Each Account Type
- Standard Account:
- User-friendly for beginners
- No commission fees
- Access to educational resources
- ECN Account:
- Direct market access
- Lower spreads
- Ideal for scalping
- Pro Account:
- Advanced trading tools
- Priority execution
- Suitable for high-volume traders
- Islamic Account:
- Compliant with Sharia law
- No swap fees
- Flexible trading options
- Demo Account:
- Risk-free trading experience
- Practice with virtual funds
- Access to all trading instruments
Disadvantages of Each Account Type
- Standard Account:
- Higher spreads compared to ECN
- Limited advanced features
- ECN Account:
- Requires higher minimum deposit
- Commission fees can add up
- Pro Account:
- High minimum deposit requirement
- Not suitable for casual traders
- Islamic Account:
- Limited availability of certain features
- May have higher fees
- Demo Account:
- No real profit potential
- Limited duration of use
Part 3: hts Account Opening Requirements
hts Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available in most countries, but may be restricted in certain jurisdictions.
- Prohibited Countries: Specific countries may be prohibited; check with hts for the latest list.
- Identity Verification Documents Needed:
- Government-issued ID (passport or driver's license)
- Proof of residence (utility bill or bank statement)
- Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.
KYC/AML Compliance Procedures
- All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
- This includes submitting identification documents and possibly answering questions about financial status and trading experience.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: hts Account Opening Process
Step-by-Step hts Account Opening Guide
- Visit Website and Click Registration: Go to the hts website and select the registration option.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type from the options available.
- Set Trading Preferences: Indicate your trading preferences and risk tolerance.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the verification team to review your documents.
- Fund Your Account: Once verified, deposit the minimum required amount to activate your account.
- Start Trading: Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile, but the mobile interface may have a simplified layout.
Common Registration Issues and Solutions
- Issue: Document upload fails.
- Solution: Ensure documents are in the correct format and size.
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- The average time for account approval is between 1-3 business days.
How to Upgrade/Downgrade Account Types
- Users can request to change their account type through the customer support portal or account settings.
hts Demo Account Guide
Demo Account Features and Benefits
- Practice trading without financial risk.
- Access to all trading instruments available in live accounts.
- Ability to test strategies and familiarize with the trading platform.
How to Open a Demo Account
- Visit the hts website and select the demo account option.
- Fill in the required personal information and create a username and password.
Demo Account Limitations
- Limited duration of use (typically 30-90 days).
- Virtual balance may not reflect real market conditions.
Virtual Balance Amount
- The virtual balance amount is typically set at $10,000 or $50,000, depending on the broker.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts use real money.
- Demo accounts may have limited features compared to live accounts.
Duration/Expiry of Demo Accounts
- Demo accounts usually expire after 30-90 days of inactivity.
Part 6: hts Islamic Account Details
hts Islamic Account Details
Swap-free/Islamic Account Availability
- The Islamic account is available for traders who require a swap-free trading option.
Eligibility Requirements
- Must provide documentation confirming Muslim faith and the need for an Islamic account.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, making them compliant with Sharia law.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process and provide the necessary documentation.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions; consult with hts for details.
FAQs – hts Account Types & Opening
- What account types does hts offer?
- hts offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500.
- How long does hts account verification take?
- Verification typically takes 1-3 business days.
- Does hts offer demo accounts?
- Yes, hts offers demo accounts for practice trading.
- Can I have multiple account types with hts?
- Yes, you can have multiple account types.
- Does hts offer Islamic/swap-free accounts?
- Yes, hts offers Islamic accounts that are swap-free.
- What documents do I need to open a hts account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to change your account type through customer support.
HTS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .