JTB broker Accounts

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

jtb Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: $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.

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $6 per round turn.
• 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, cryptocurrencies.

1. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.5 pips; commission of $4 per round turn.
• 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, stocks.

1. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Swap-free trading, compliant with Sharia law.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as live accounts.
• Leverage Options: Same as live accounts.
• 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, Demo Account
• Intermediate: Pro Account
• Advanced: ECN Account
• Muslim Traders: Islamic Account

Detailed jtb Account Features

Feature Comparison Across Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 1.5 pips

• Islamic: From 1.0 pips

• Commission Fees:

• Standard: None

• ECN: $6 per round turn

• Pro: $4 per round turn

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Islamic Account Availability:

• Yes for Islamic Account

• Swap-Free Options:

• Yes for Islamic Account

• Demo Account Features:

• Access to all instruments, same spreads as live accounts.

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit.
• No commission fees.
• User-friendly interface.
• Disadvantages:
• Higher spreads compared to ECN.

ECN Account

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

Pro Account

• Advantages:
• Fixed spreads.
• Enhanced trading conditions.
• Priority support.
• Disadvantages:
• High minimum deposit.
• Commission fees apply.

Islamic Account

• Advantages:
• Compliant with Sharia law.
• No swap fees.
• Disadvantages:
• Limited to specific trading conditions.

Demo Account

• Advantages:
• Risk-free trading.
• Access to all features.
• Disadvantages:
• Virtual funds only.

jtb Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries; check specific restrictions.
• Prohibited Countries: Countries under sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport, national ID).
• Proof of address (utility bill, bank statement).
• Proof of Residence Requirements: Recent utility bill or bank statement with the applicant's name and address.
• Additional Documentation for Professional Accounts: Business registration documents for corporate accounts.

KYC/AML Compliance Procedures

• Verification of identity and address.
• Source of funds declaration.
• Compliance with anti-money laundering regulations.

Verification Time Frames

• Typically takes 1-3 business days for account verification.

Step-by-Step jtb Account Opening Guide

Registration Process

1. Visit Website: Go to the official jtb website.
2. Click Registration: Click on the registration button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the available options.
5. Set Trading Preferences: Specify trading preferences and leverage.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The mobile registration process is similar but may have a simplified interface.

Common Registration Issues and Solutions

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

Average Account Approval Time

• Account approval typically takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade.

jtb Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk.
• Access to all trading instruments and features.

How to Open a Demo Account

• Visit the jtb website and select the demo account option.

Demo Account Limitations

• Virtual funds only; no real trading.

Virtual Balance Amount

• Typically $10,000 in virtual funds.

Demo vs Live Account Differences

• Demo accounts have no financial risk; live accounts involve real money trading.

Duration/Expiry of Demo Accounts

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

jtb Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, jtb offers Islamic accounts.

Eligibility Requirements

• Must be a practicing Muslim.

Differences from Standard Accounts

• No swap fees; compliant with Islamic finance principles.

How to Apply for Islamic Account

• Select Islamic account option during registration.

Restrictions or Special Conditions

• Must adhere to Islamic trading principles.

FAQs – jtb Account Types & Opening

1. What account types does jtb offer？

• jtb 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: Virtual funds.

1. How long does jtb account verification take？

• Verification typically takes 1-3 business days.

1. Does jtb offer demo accounts？

• Yes, jtb offers demo accounts for practice trading.

1. Can I have multiple account types with jtb？

• Yes, you can open multiple account types.

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

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

1. What documents do I need to open a jtb 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 upgrade or downgrade your account type through customer support.