Juvanex broker Accounts

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

juvanex Account Types Explained

Juvanex offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of the available account types.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners; access to all trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

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; suitable for high-frequency trading.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex and commodities.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.5 pips; commission of $2 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 cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law; no interest fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds provided).
• Spread/Commission Structure: Similar to the Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment; practice trading strategies.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed juvanex Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Ideal for beginners.

• ECN Account:

• Raw spreads for low-cost trading.

• Direct market access.

• Fast execution speeds.

• Pro Account:

• Enhanced trading conditions.

• Lower commission fees.

• Priority support.

• Islamic Account:

• No swap fees.

• Compliant with Sharia law.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Access to all trading instruments.

• Ideal for practice and strategy testing.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Requires a significant initial investment.

• Commission fees may deter casual traders.

• Islamic Account:

• Limited to Muslim traders.

• May have fewer features compared to other accounts.

• Demo Account:

• Virtual funds may not reflect real trading conditions.

• Limited duration for practice.

juvanex Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check local regulations.
• Prohibited Countries: Specific countries may be restricted; consult the broker‘s website for details.
• Identity Verification Documents Needed: Valid government-issued ID (passport, driver’s license).
• Proof of Residence Requirements: Utility bill or bank statement showing current address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

Juvanex adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence to ensure compliance with financial regulations.

Verification Time Frames

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

Step-by-Step juvanex Account Opening Guide

Registration Process

1. Visit Website: Go to the Juvanex website.
2. Click Registration: Locate and click on the registration button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences and settings.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the broker to verify your account.
8. Fund Your Account: Deposit funds into your trading account.
9. Start Trading: Begin trading on the platform.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with slight variations in layout and navigation.

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 between 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

Account type changes can usually be requested through the account management section on the Juvanex platform or by contacting customer support.

juvanex Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments with virtual funds.
• Benefits: Allows traders to practice strategies without financial risk.

How to Open a Demo Account

• Navigate to the Juvanex website and select the demo account option.
• Complete the registration form and submit.

Demo Account Limitations

• The demo account may have a limited duration, typically 30-90 days.
• Virtual funds may not reflect real market conditions.

Virtual Balance Amount

Demo accounts usually come with a virtual balance of $10,000 or more, depending on the broker's offering.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Trading conditions may differ slightly between demo and live environments.

Duration/Expiry of Demo Accounts

Demo accounts typically expire after a set period, often 30-90 days, but may be extended upon request.

juvanex Islamic Account Details

Swap-Free/Islamic Account Availability

Juvanex offers an Islamic account that is compliant with Sharia law, meaning it does not incur swap fees.

Eligibility Requirements

To qualify for an Islamic account, traders must declare their adherence to Islamic finance principles.

Differences from Standard Accounts

Islamic accounts do not have swap fees and may have different trading conditions compared to standard accounts.

How to Apply for Islamic Account

Traders can select the Islamic account option during the registration process or request it through customer support.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions that differ from standard accounts, such as limitations on certain trading strategies.

FAQs – juvanex Account Types & Opening

1. What account types does juvanex offer？

• Juvanex 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 juvanex account verification take？

• Verification typically takes 1-3 business days.

1. Does juvanex offer demo accounts？

• Yes, Juvanex offers a demo account for practice trading.

1. Can I have multiple account types with juvanex？

• Yes, traders can open multiple account types.

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

• Yes, Juvanex provides Islamic accounts that do not incur swap fees.

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

• A valid ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, account type changes can be requested through account management or customer support.