Jadwa broker Accounts

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

jadwa Account Types Explained

Jadwa offers a variety of account types tailored to different trading needs and preferences. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: SAR 5,000
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features: Ideal for beginners, access to educational resources
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: SAR 10,000
• Spread/Commission Structure: Raw spreads starting from 0.0 pips, with a commission of SAR 5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: SAR 50,000
• Spread/Commission Structure: Competitive spreads starting from 1.0 pip, commission varies
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, stocks

4. Islamic Account

• Minimum Deposit Requirement: SAR 5,000
• Spread/Commission Structure: Similar to Standard Account, swap-free
• Leverage Options: Up to 1:100
• Key Features: Complies with Shariah law, no interest charges
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:100
• Key Features: Practice trading with virtual funds, access to all trading instruments
• Target User Profile: Beginners and those looking to test strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed jadwa Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: SAR 5,000

• ECN: SAR 10,000

• Pro: SAR 50,000

• Islamic: SAR 5,000

• Demo: N/A

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:100

• Demo: 1:100

• Spreads:

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: From 1.0 pip

• Islamic: Similar to Standard

• Demo: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: SAR 5 per lot

• Pro: Varies

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Mini and Standard

• ECN: Micro, Mini, and Standard

• Pro: Standard

• Islamic: Mini and Standard

• Demo: Mini and Standard

• Available Trading Platforms:

• All account types: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual funds for practice, access to all trading instruments.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Educational resources available

• User-friendly for beginners

• ECN Account:

• Tight spreads

• Direct market access

• Ideal for high-frequency trading

• Pro Account:

• Enhanced trading conditions

• Priority customer support

• Suitable for institutions

• Islamic Account:

• Complies with Shariah law

• No interest charges

• Available for all trading instruments

• Demo Account:

• Risk-free trading environment

• Ideal for strategy testing

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Very high minimum deposit

• Not suitable for casual traders

• Islamic Account:

• Limited to specific trading instruments

• May have higher spreads

• Demo Account:

• Virtual funds only

• Limited duration for practice

jadwa Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Residents of certain countries may be restricted.
• Prohibited Countries: Specific countries may be restricted; check with Jadwa for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill, bank statement)
• Proof of Residence Requirements: Recent documents showing your current address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which include verifying identity and source of funds.

Verification Time Frames

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

Step-by-Step jadwa Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the Jadwa website and select the option to open a new account.
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 options available.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed by the Jadwa team.
7. Fund Your Account: Once verified, deposit the minimum required amount to activate your account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the interface may vary slightly.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

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

jadwa Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, virtual funds for practice, and no risk involved.
• Benefits: Ideal for beginners to learn trading strategies without financial risk.

How to Open a Demo Account

• Visit the Jadwa website and select the demo account option, then follow the registration steps similar to opening a live account.

Demo Account Limitations

• Limited duration for use, typically 30-90 days, depending on the broker's policy.

Virtual Balance Amount

• Demo accounts usually come with a virtual balance of SAR 100,000 or equivalent.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits and involve actual trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after a set period, but users may be able to request an extension.

jadwa Islamic Account Details

Swap-Free/Islamic Account Availability

• Jadwa offers Islamic accounts that comply with Shariah law, ensuring no interest is charged.

Eligibility Requirements

• Must meet the standard account opening requirements and specify the need for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different spreads.

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

• Islamic accounts may have specific trading conditions, such as limited access to certain instruments.

FAQs – jadwa Account Types & Opening

1. What account types does jadwa offer？

• Jadwa offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: SAR 5,000; ECN: SAR 10,000; Pro: SAR 50,000; Islamic: SAR 5,000; Demo: N/A.

1. How long does jadwa account verification take？

• Account verification typically takes 1-3 business days.

1. Does jadwa offer demo accounts？

• Yes, jadwa offers demo accounts for practice trading.

1. Can I have multiple account types with jadwa？

• Yes, you can have multiple account types, but you may need to contact support for management.

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

• Yes, jadwa offers Islamic accounts that comply with Shariah law.

1. What documents do I need to open a jadwa 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 change your account type through customer support.