IDS broker Accounts

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

Part 1: ids Account Types Overview

ids Account Types Explained

The International Depository Services (IDS) offers a variety of account types tailored to meet the diverse needs of traders and investors. Below is an overview of the available account types, including their features and target user profiles.

Recommended Account Types by Trader Level

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

Part 2: ids Account Features Comparison

Detailed ids Account Features

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

Advantages and Disadvantages of Each Account Type

• Standard Account:

• Advantages: Low minimum deposit, user-friendly interface, no commission fees.

• Disadvantages: Higher spreads compared to ECN and Pro accounts.

• ECN Account:

• Advantages: Low spreads, direct market access, suitable for scalping.

• Disadvantages: Higher minimum deposit, commission fees apply.

• Pro Account:

• Advantages: Tight spreads, advanced trading tools, suitable for institutional traders.

• Disadvantages: High minimum deposit, commission fees apply.

• Islamic Account:

• Advantages: Compliant with Sharia law, no swap fees.

• Disadvantages: Higher minimum deposit compared to Standard accounts.

• Demo Account:

• Advantages: Risk-free trading, practice with virtual funds.

• Disadvantages: Limited to practice, no real trading experience.

Part 3: ids Account Opening Requirements

ids Account Registration Requirements

To open an account with IDS, the following eligibility criteria and documentation are required:

• Eligibility Criteria:

• Minimum age of 18 years.

• No geographic restrictions specified.

• Prohibited countries may include those under international sanctions (specific countries not listed).

• Identity Verification Documents Needed:

• Government-issued photo ID (passport, drivers license).

• Proof of residence (utility bill, bank statement).

• Additional Documentation for Professional Accounts:

• Proof of income or financial statements may be required for Pro accounts.

• KYC/AML Compliance Procedures:

• All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames:

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

Part 4: ids Account Opening Process

Step-by-Step ids Account Opening Guide

1. Visit Website and Click Registration: Go to the IDS website and click on the "Register" button.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, Demo).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with mobile offering a more streamlined interface for document uploads.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are clear and meet the required format.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Clients can request to change their account type through the customer support portal, subject to meeting the new account's requirements.

Part 5: ids Demo Account Information

ids Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk using virtual funds.

• Access to the same trading platforms as live accounts.

• How to Open a Demo Account:

• Select the "Open Demo Account" option on the IDS website and follow the registration steps.

• Demo Account Limitations:

• Limited to virtual trading; cannot withdraw funds.

• Virtual Balance Amount:

• Typically offers a virtual balance of $10,000 for practice.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts involve real money trading.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually remain active for 30 days, after which they may expire unless renewed.

Part 6: ids Islamic Account (if available)

ids Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Islamic accounts are available and comply with Sharia law.

• Eligibility Requirements:

• Must be a practicing Muslim to qualify for an Islamic account.

• Differences from Standard Accounts:

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

• How to Apply for Islamic Account:

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

• Restrictions or Special Conditions:

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – ids Account Types & Opening

1. What account types does ids offer？

• ids 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: N/A.

1. How long does ids account verification take？

• Verification typically takes 1-3 business days.

1. Does ids offer demo accounts？

• Yes, ids offers demo accounts for practice trading.

1. Can I have multiple account types with ids？

• Yes, clients can hold multiple account types.

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

• Yes, ids provides Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.