JIAYI broker Accounts

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

jiayi Account Types Explained

Jiayi offers several account types tailored to different trading needs and profiles. Below is a detailed overview of the available account types:

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, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

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

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips, commission of $2 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard Account, but swap-free.
• Leverage Options: Up to 1:500.
• Key Features: No swap fees, compliant with Islamic finance principles.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed jiayi Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• No commission fees.

• Access to a wide range of instruments.

• ECN Account:

• Tight spreads for scalping.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Lower commission fees.

• Advanced trading tools and features.

• Priority customer support.

• Islamic Account:

• No swap fees.

• Compliant with Islamic finance principles.

• Flexible trading options.

• Demo Account:

• Risk-free environment to practice.

• Access to all trading instruments.

• Ideal for testing strategies.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• Higher minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited to Muslim traders.

• May have fewer features than other accounts.

• Demo Account:

• Virtual funds only, no real profits.

• Limited duration for practice.

jiayi Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but not available in certain jurisdictions (specific countries may vary).
• Prohibited Countries: Specific countries may be restricted due to regulatory reasons.
• Identity Verification Documents Needed:
• Valid government-issued ID (passport, national ID).
• Proof of address (utility bill, bank statement).
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Jiayi adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to verify the identity of its clients.

Verification Time Frames

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

Step-by-Step jiayi Account Opening Guide

Registration Process

1. Visit Website: Go to the official Jiayi website.
2. Click Registration: Find and click the registration button.
3. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
4. Choose Account Type: Select the account type you wish to open.
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the account to be verified by Jiayi.
8. Fund Your Account: Deposit funds into your trading account.
9. 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 mobile version may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request to change their account type through the customer support portal after meeting the necessary requirements.

jiayi Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment for practice trading.
• Access to all trading instruments available in live accounts.
• Ideal for testing new strategies without financial risk.

How to Open a Demo Account

• Follow the same registration process as for a live account, selecting the demo account option.

Demo Account Limitations

• Limited duration for use (usually 30 days).
• Virtual funds only, no real trading profits.

Virtual Balance Amount

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

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Live accounts may incur trading fees and commissions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity.

jiayi Islamic Account Details

Swap-Free/Islamic Account Availability

• Jiayi offers an Islamic account that complies with Sharia law, allowing trading without incurring swap fees.

Eligibility Requirements

• Must be a Muslim trader to qualify for the Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

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 – jiayi Account Types & Opening

1. What account types does jiayi offer？

• Jiayi 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 jiayi account verification take？

• Account verification typically takes 1-3 business days.

1. Does jiayi offer demo accounts？

• Yes, Jiayi offers demo accounts for practice trading.

1. Can I have multiple account types with jiayi？

• Yes, you can open multiple account types as per your trading needs.

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

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

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

• A valid 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.