JOC broker Accounts

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

joc Account Types Explained

JOC offers several account types tailored to different trading needs and experience levels. Below is a comprehensive overview of each account type, including their features, requirements, and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features:
• Access to a wide range of trading instruments.
• Suitable for beginners.
• Target User Profile: Ideal for novice traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features:
• Direct market access.
• Faster execution speeds.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, cryptocurrencies, metals.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads starting from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features:
• Enhanced trading conditions.
• Priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and futures.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard Account.
• Leverage Options: Up to 1:500.
• Key Features:
• Swap-free trading in compliance with Sharia law.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Reflects real account conditions.
• Leverage Options: Up to 1:500.
• Key Features:
• Practice trading with virtual funds.
• Access to all trading instruments.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Forex, commodities, indices, and more.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed joc Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:500

• Demo: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Demo: Reflects real account conditions

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, 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: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Virtual balance for practice.

• Access to all trading instruments.

• Reflects real market conditions.

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit.
• No commission fees.
• Suitable for beginners.
• Access to a wide range of instruments.
• Disadvantages:
• Higher spreads compared to ECN accounts.
• Limited advanced features.

ECN Account

• Advantages:
• Low spreads.
• Direct market access.
• Suitable for scalping.
• Fast execution.
• Disadvantages:
• Higher minimum deposit.
• Commission fees apply.

Pro Account

• Advantages:
• Competitive spreads.
• Priority support.
• Advanced trading conditions.
• Suitable for professional traders.
• Disadvantages:
• High minimum deposit.
• Commission fees apply.

Islamic Account

• Advantages:
• Complies with Sharia law.
• No swap fees.
• Suitable for Muslim traders.
• Disadvantages:
• Limited to standard trading conditions.

Demo Account

• Advantages:
• Risk-free trading environment.
• Practice with virtual funds.
• Access to all trading instruments.
• Disadvantages:
• No real profits.
• Limited duration.

joc Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country.
• Prohibited Countries: Specific countries may be restricted; check the brokers website for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Recent documents showing your current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• JOC adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address.

Verification Time Frames

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

Step-by-Step joc Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the JOC website and find the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the broker to verify your documents.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile users may have a more streamlined interface.

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.

How to Upgrade/Downgrade Account Types

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

joc Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk.
• Access to all trading instruments.
• Real market conditions for accurate practice.

How to Open a Demo Account

• Register on the JOC website and select the demo account option.

Demo Account Limitations

• Limited duration (usually 30 days).
• No real profits can be made.

Virtual Balance Amount

• Typically offers a virtual balance of $100,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days but can sometimes be extended upon request.

joc Islamic Account Details

Swap-Free/Islamic Account Availability

• JOC offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Must be a practicing Muslim.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Must adhere to Islamic trading principles; no interest-based transactions.

FAQs – joc Account Types & Opening

1. What account types does joc offer？

• JOC 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 joc account verification take？

• Verification typically takes up to 3 business days.

1. Does joc offer demo accounts？

• Yes, JOC provides demo accounts for practice trading.

1. Can I have multiple account types with joc？

• Yes, you can hold multiple account types.

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

• Yes, JOC offers Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

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