iDraw Account Type

iDraw offers various types of trading accounts to cater to different trading needs. The primary account types include:

• Islamic Account: This account is designed for traders who adhere to Islamic finance principles, allowing trading without interest (Riba).
• Rebate Account: This account type provides traders with rebates on their trading volume, offering a cost-effective solution for active traders.

Each account type may have specific features such as leverage options, minimum deposit requirements, and spread conditions. It's essential for traders to evaluate their trading strategies and financial goals to select the most suitable account type.

iDraw Broker Account Opening Process

Opening an account with iDraw involves a straightforward process that typically includes the following steps:

• Visit the Official Website: Go to iDraw's official website.
• Choose Account Type: Select the type of account you wish to open (Islamic or Rebate).
• Complete the Application Form: Fill out the online application form with personal information, including your name, email, phone number, and address.
• Submit Required Documents: Provide necessary documents for identity verification, such as a government-issued ID and proof of address.
• Fund Your Account: After your application is approved, fund your account using available payment methods. The minimum deposit requirement may vary based on the account type.
• Start Trading: Once your account is funded, you can begin trading on the iDraw platform, utilizing their trading tools and resources.

Ensure that you review all terms and conditions associated with the account type you choose to avoid any misunderstandings.