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Rating Index

Pros

Wide array of trading instruments available, including forex, CFDs, commodities, and indices.
Provides access to various analytical materials and educational resources for traders.
Established presence since 1994, indicating a long history in the industry.

Cons

Not properly regulated, raising concerns about safety and reliability.
Reports of poor customer support and long response times to inquiries.
Negative reviews regarding withdrawal processes and potential fund access issues.

ITI broker Accounts

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

iti Account Types Explained

Available Account Types

  1. Standard Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips
  • Leverage Options: Up to 1:500
  • Key Features: User-friendly interface, access to all trading instruments
  • Target User Profile: Beginners
  • Trading Instruments Available: Forex, commodities, indices
  1. ECN Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads starting from 0.1 pips + commission
  • Leverage Options: Up to 1:200
  • Key Features: Direct market access, lower spreads, suitable for high-frequency trading
  • Target User Profile: Advanced traders
  • Trading Instruments Available: Forex, commodities, cryptocurrencies
  1. Pro Account
  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Fixed spreads starting from 1 pip
  • Leverage Options: Up to 1:100
  • Key Features: Enhanced trading conditions, priority customer support
  • Target User Profile: Professional traders
  • Trading Instruments Available: Forex, commodities, indices, stocks
  1. Islamic Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Swap-free trading, compliant with Sharia law
  • Target User Profile: Muslim traders
  • Trading Instruments Available: Forex, commodities, indices
  1. Demo Account
  • Minimum Deposit Requirement: N/A (virtual funds)
  • Spread/Commission Structure: Similar to Standard Account
  • Leverage Options: Up to 1:500
  • Key Features: Practice trading with virtual funds, no risk involved
  • Target User Profile: Beginners and experienced traders wanting to test strategies
  • Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Account Type Minimum Deposit Spread Leverage Key Features Target User Profile
Standard $100 From 1.5 pips 1:500 User-friendly interface Beginners
ECN $500 From 0.1 pips 1:200 Direct market access Advanced traders
Pro $1,000 From 1 pip 1:100 Enhanced trading conditions Professional traders
Islamic $100 Similar to Standard 1:500 Swap-free trading Muslim traders
Demo N/A Similar to Standard 1:500 Practice with virtual funds All traders

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

Detailed iti Account Features

Feature Comparison Across Account Types

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $100

  • Demo: N/A

  • Maximum Leverage:

  • Standard: 1:500

  • ECN: 1:200

  • Pro: 1:100

  • Islamic: 1:500

  • Demo: 1:500

  • Spreads (Typical/Minimum):

  • Standard: From 1.5 pips

  • ECN: From 0.1 pips

  • Pro: From 1 pip

  • Islamic: Similar to Standard

  • Demo: Similar to Standard

  • Commission Fees:

  • Standard: None

  • ECN: Yes (based on volume)

  • Pro: None

  • Islamic: None

  • Demo: None

  • Lot Size:

  • Standard: Micro, Mini, Standard

  • ECN: Micro, Mini, Standard

  • Pro: Standard

  • Islamic: Micro, Mini, Standard

  • Demo: Micro, Mini, Standard

  • Available Trading Platforms:

  • Standard: MT4, MT5

  • ECN: MT4, MT5

  • Pro: MT4, MT5

  • Islamic: MT4, MT5

  • Demo: MT4, MT5

  • Execution Type:

  • Standard: Market

  • ECN: ECN

  • Pro: Instant

  • Islamic: Market

  • Demo: Market

  • Islamic Account Availability:

  • Standard: Yes

  • ECN: Yes

  • Pro: Yes

  • Islamic: N/A

  • Demo: No

  • Swap-Free Options:

  • Standard: Yes

  • ECN: Yes

  • Pro: Yes

  • Islamic: N/A

  • Demo: No

  • Demo Account Features:

  • Virtual balance for practice

  • Access to all trading instruments

  • No time limit (varies by broker)

Advantages of Each Account Type

  • Standard Account:

  • Easy to use for beginners

  • Low minimum deposit

  • Access to all trading instruments

  • ECN Account:

  • Lower spreads for high-frequency trading

  • Direct market access

  • Suitable for scalpers

  • Pro Account:

  • Enhanced trading conditions

  • Priority customer support

  • Fixed spreads for better predictability

  • Islamic Account:

  • Compliant with Sharia law

  • No swap fees

  • Suitable for Muslim traders

  • Demo Account:

  • Risk-free trading environment

  • Ideal for testing strategies

  • No financial commitment

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN

  • Limited features for advanced traders

  • ECN Account:

  • Higher minimum deposit

  • Commission fees may apply

  • Pro Account:

  • Higher minimum deposit

  • Limited to professional traders

  • Islamic Account:

  • May have fewer features than standard accounts

  • Limited availability for certain instruments

  • Demo Account:

  • No real financial gains

  • May not reflect real market conditions

iti Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Minimum age of 18 years
  • Geographic Restrictions: Available in most countries; check specific country restrictions
  • Prohibited Countries: Countries under sanctions or restrictions may be prohibited
  • Identity Verification Documents Needed:
  • Government-issued photo ID (passport, driving license)
  • Proof of residence (utility bill, bank statement)
  • Proof of Residence Requirements: Must be dated within the last six months
  • Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

  • Complete identity verification through document submission
  • Provide additional information as required for compliance with anti-money laundering laws

Verification Time Frames

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

Step-by-Step iti Account Opening Guide

Registration Process

  1. Visit Website and Click Registration: Go to the official ITI website and find the registration link.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the desired account type from the available options.
  4. Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
  5. Document Upload: Upload required identification and proof of residence documents.
  6. Account Verification: Wait for the verification process to be completed by the ITI team.
  7. Fund Your Account: Once verified, deposit funds into your account to start trading.
  8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

  • Registration processes are similar on both platforms, but mobile users may have a simplified interface.

Common Registration Issues and Solutions

  • Issue: Document upload fails.
  • Solution: Ensure documents are in the correct format and not password protected.
  • Issue: Verification takes longer than expected.
  • Solution: Contact customer support for updates on the verification status.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

  • Contact customer support to request an upgrade or downgrade of your account type, providing necessary documentation if required.

iti 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 trading strategies and platforms

How to Open a Demo Account

  • Visit the ITI website and select the demo account option, following the registration steps outlined.

Demo Account Limitations

  • Virtual funds may not reflect real market conditions
  • No real profits can be made

Virtual Balance Amount

  • Typically, demo accounts come with a virtual balance of $10,000 or more, depending on the broker.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts involve real money.
  • Trading conditions may differ slightly between demo and live environments.

Duration/Expiry of Demo Accounts

  • Demo accounts may remain active for a limited time, often 30-90 days, depending on the broker's policy.

iti Islamic Account Details

Swap-Free/Islamic Account Availability

  • Islamic accounts are available for Standard, ECN, and Pro account types.

Eligibility Requirements

  • Must comply with Islamic finance principles, avoiding interest (riba).

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees on overnight positions.

How to Apply for Islamic Account

  • Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

  • Must adhere to Islamic trading principles; check with ITI for specific conditions.

FAQs – iti Account Types & Opening

  1. What account types does iti offer?
  • iti 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: N/A.
  1. How long does iti account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does iti offer demo accounts?
  • Yes, iti offers demo accounts for practice trading.
  1. Can I have multiple account types with iti?
  • Yes, you can have multiple account types as per your trading needs.
  1. Does iti offer Islamic/swap-free accounts?
  • Yes, iti offers Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a iti 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 upgrade or downgrade your account type through customer support.

ITI accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
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