When considering trading with join group, it is essential to understand the various account types available. Each account type is tailored to meet different trading needs and preferences.
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads | Up to 1:500 | Basic trading tools | Beginners | Forex, Commodities, Indices |
| ECN | $500 | Low spreads + commissions | Up to 1:200 | Direct market access | Intermediate | Forex, Stocks, Cryptocurrencies |
| Pro | $1,000 | Tight spreads + commissions | Up to 1:100 | Advanced trading tools | Advanced traders | Forex, Commodities, Indices |
| Islamic | $500 | Variable spreads | Up to 1:500 | Swap-free trading | Muslim traders | Forex, Commodities |
| Demo | $0 | N/A | N/A | Practice trading | All levels | Forex, Commodities, Indices |
When comparing features across different account types, it is crucial to consider the following aspects:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $500 | $0 |
| Maximum Leverage | Up to 1:500 | Up to 1:200 | Up to 1:100 | Up to 1:500 | N/A |
| Spreads (Typical/Minimum) | Variable | Low | Tight | Variable | N/A |
| Commission Fees | No | Yes | Yes | No | N/A |
| Lot Size | Standard | Micro/Standard | Micro/Standard | Standard | N/A |
| Available Trading Platforms | MT4 | MT4/MT5 | MT4/MT5 | MT4 | MT4 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-free Options | No | No | No | Yes | No |
| Demo Account Features | No | No | No | No | Yes |
Standard Account:
Low minimum deposit
Suitable for beginners
Access to basic trading tools
No commission fees
ECN Account:
Direct market access
Low spreads
Suitable for intermediate traders
Advanced trading features
Pro Account:
Tight spreads
Advanced trading tools
Suitable for experienced traders
Access to a wide range of instruments
Islamic Account:
Swap-free trading
Complies with Islamic finance principles
Available for Muslim traders
Demo Account:
Free to use
Practice trading without risk
Access to all trading instruments
Ideal for all trader levels
Standard Account:
Limited advanced features
Higher spreads compared to ECN
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Highest minimum deposit
Commission fees apply
Islamic Account:
Limited to Muslim traders
May have fewer features compared to standard accounts
Demo Account:
No real money trading
Limited duration for practice
To open an account with join group, you must meet specific eligibility criteria:
join group adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and provide necessary documentation.
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
The registration process is similar on both desktop and mobile platforms, with the primary difference being the interface layout.
The average account approval time is between 1-3 business days.
To change your account type, contact customer support and request the desired upgrade or downgrade.
The demo account offered by join group provides a risk-free environment for traders to practice their skills.
The demo account typically comes with a virtual balance of $10,000.
Demo accounts usually expire after 30 days of inactivity.
join group offers Islamic accounts that comply with Sharia law.
Islamic accounts are available for Muslim traders who require swap-free trading options.
To qualify for an Islamic account, you must provide proof of your Muslim faith.
Islamic accounts do not incur swap fees, making them suitable for long-term holding.
Islamic accounts may have specific trading conditions, such as limits on certain instruments.
Explore broker markets account types: forex/trading accounts with demo access.