INCAPITAL broker Accounts

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

incapital Account Types Explained

Incapital offers several account types tailored to different trading needs and experiences. Below is an overview of the available account types, including their features and target user profiles.

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 educational resources, and customer support.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

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

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.1 pips; commission of $2 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, dedicated account manager, and priority customer service.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: Forex, commodities, indices, and CFDs.

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• Key Features: Risk-free trading environment, access to all trading features.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Same as Standard Account.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed incapital Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly platform.

• Access to educational resources.

• ECN Account:

• Tight spreads.

• Direct market access.

• Ideal for scalping strategies.

• Pro Account:

• Advanced trading tools.

• Lower commission fees.

• Dedicated support.

• Islamic Account:

• Complies with Sharia law.

• No interest charges.

• Demo Account:

• Risk-free trading.

• Practice with virtual funds.

• Access to all trading features.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Requires a higher initial investment.

• Not suitable for beginners.

• Islamic Account:

• Limited trading instruments.

• Demo Account:

• Virtual funds only; no real profits.

incapital Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; specific restrictions may apply.
• Prohibited Countries: Countries under sanctions or with restricted trading regulations.
• Identity Verification Documents Needed: Government-issued ID (passport, driver's license).
• Proof of Residence Requirements: Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts: Proof of trading experience or financial status.

KYC/AML Compliance Procedures

• Completion of Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Submission of required identification and proof of residence documents.

Verification Time Frames

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

Step-by-Step incapital Account Opening Guide

Registration Process

1. Visit Website: Go to the Incapital homepage.
2. Click Registration: Click on the "Sign Up" 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 suits your trading needs.
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
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 funds into your account to start trading.
9. Start Trading: Access the trading platform and begin your trading journey.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with slight variations in layout and navigation.

Common Registration Issues and Solutions

• Issue: Document upload errors.

• Solution: Ensure documents are clear and in the required format (JPEG, PDF).

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Most accounts are approved within 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type. Additional documentation may be required.

incapital Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading features available in live accounts.

How to Open a Demo Account

• Follow the same registration process as for a live account but select the demo account option.

Demo Account Limitations

• Virtual funds only; no real profits can be made.
• Limited duration, typically expiring after 30 days unless extended.

Virtual Balance Amount

• Standard virtual balance is usually set at $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Live accounts may have additional features such as bonuses or promotions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days but can be reactivated upon request.

incapital Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

• Must provide documentation confirming Islamic compliance.

Differences from Standard Accounts

• No swap fees are charged on overnight positions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Limited trading instruments compared to standard accounts.

FAQs – incapital Account Types & Opening

1. What account types does incapital offer？

• Incapital 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 balance.

1. How long does incapital account verification take？

• Verification typically takes 1-3 business days.

1. Does incapital offer demo accounts？

• Yes, incapital offers demo accounts for practice trading.

1. Can I have multiple account types with incapital？

• Yes, you can open multiple account types.

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

• Yes, incapital offers Islamic accounts that comply with Sharia law.

1. What documents do I need to open a incapital 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.