JTFC offers several account types designed to cater to different trading needs and preferences. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | 1.0 pips | None | 1:200 | Beginner |
| ECN | $500 | 0.0 pips | $5 per lot | 1:500 | Advanced |
| Pro | $1,000 | Variable | Based on volume | 1:400 | Professional |
| Islamic | $100 | Similar to Standard | None | 1:200 | Muslim traders |
| Demo | N/A | Simulated | N/A | 1:200 | All levels |
When comparing the features of the different jtfc account types, consider the following aspects:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:200
ECN: 1:500
Pro: 1:400
Islamic: 1:200
Demo: 1:200
Spreads (Typical/Minimum):
Standard: Average 1.0 pips
ECN: Raw spreads from 0.0 pips
Pro: Variable spreads
Islamic: Similar to Standard
Demo: Simulated conditions
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: Based on volume
Islamic: None
Demo: N/A
Lot Size:
Standard: Micro/mini/standard
ECN: Micro/mini/standard
Pro: Micro/mini/standard
Islamic: Micro/mini/standard
Demo: Micro/mini/standard
Available Trading Platforms:
All accounts: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
All accounts can be configured as swap-free.
Demo Account Features:
Available for all account types with virtual funds for practice.
Standard Account:
Low minimum deposit
No commission fees
Ideal for beginners
ECN Account:
Lower spreads
Direct market access
Suitable for high-frequency trading
Pro Account:
Enhanced trading conditions
Priority customer support
Suitable for professional traders
Islamic Account:
Compliant with Sharia law
No overnight interest
Available for all trading instruments
Demo Account:
Risk-free trading environment
Access to all features
Ideal for strategy testing
Standard Account:
Higher spreads compared to ECN
Limited features for advanced trading
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Higher minimum deposit
Commission based on trading volume
Islamic Account:
Limited to Muslim traders
Similar features to Standard Account
Demo Account:
No real money trading
Limited to virtual funds
To open a jtfc account, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Availability may vary by country; check the jtfc website for specific restrictions.
Prohibited Countries: Certain countries may be restricted; refer to the jtfc website for details.
Identity Verification Documents Needed:
Government-issued ID (passport, driver's license)
Proof of residence (utility bill, bank statement)
Proof of Residence Requirements:
Documents must be recent (typically within the last three months) and clearly show your name and address.
Additional Documentation for Professional Accounts:
May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures:
All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
To open a jtfc account, follow these steps:
Issue: Not receiving the verification email.
Solution: Check spam/junk folders and ensure the email address is entered correctly. Request a new verification email if necessary.
Issue: Problems with identity verification.
Solution: Ensure documents are clear and meet the required formats.
The jtfc demo account provides a risk-free environment for traders to practice and test strategies.
Demo Account Features and Benefits:
Access to all trading instruments
Virtual funds for trading
Ability to practice trading strategies without risk
How to Open a Demo Account:
Follow the same registration process as for live accounts, selecting the demo account option.
Demo Account Limitations:
Limited to virtual funds and does not allow real money trading.
Virtual Balance Amount:
Typically, demo accounts are funded with a virtual balance of $100,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money trading.
Duration/Expiry of Demo Accounts:
Demo accounts may have a set expiry period (usually 30 days) but can often be extended by contacting customer support.
The jtfc Islamic account is designed for traders who require a swap-free trading environment.
Swap-Free/Islamic Account Availability:
Available for all account types (Standard, ECN, Pro).
Eligibility Requirements:
Must be a Muslim trader adhering to Sharia law.
Differences from Standard Accounts:
No overnight interest or swap fees applied.
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:
Must comply with Islamic finance principles; ensure all trading activities align with these principles.
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