kaiher offers several account types catering to different trading needs. Below is a detailed overview of each account type available:
| Account Type | Minimum Deposit | Spread (Min) | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | 1.5 pips | None | 1:500 | Beginners |
| ECN | $500 | 0.1 pips | $5/lot | 1:200 | Experienced |
| Pro | $1,000 | 0.0 pips | $3/lot | 1:100 | Professionals |
| Islamic | $100 | 1.5 pips | None | 1:500 | Muslim Traders |
| Demo | N/A | 1.5 pips | None | 1:500 | All Traders |
This section compares the features across different account types offered by kaiher.
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.1 pips
Pro: 0.0 pips
Islamic: 1.5 pips
Demo: 1.5 pips
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Demo: None
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:
Standard: MT4/MT5
ECN: MT4/MT5
Pro: MT4/MT5
Islamic: MT4/MT5
Demo: MT4/MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: ECN
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Available for Islamic accounts.
Demo Account Features:
Virtual balance provided; practice trading without risk.
Standard Account:
Easy to use for beginners.
No commission fees.
High leverage available.
ECN Account:
Lower spreads for active trading.
Direct market access.
Suitable for scalping.
Pro Account:
Best for professional traders.
Lowest spreads and commissions.
Advanced trading tools.
Islamic Account:
Complies with Islamic finance principles.
No swap fees.
Demo Account:
Risk-free trading environment.
Ideal for practice and strategy testing.
Standard Account:
Higher spreads compared to ECN.
ECN Account:
Requires a higher minimum deposit.
Commission fees apply.
Pro Account:
High minimum deposit requirement.
Not suitable for beginners.
Islamic Account:
Limited to Muslim traders only.
Demo Account:
No real money involved; cannot withdraw profits.
To open an account with kaiher, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; check specific restrictions.
Prohibited Countries: Countries under sanctions or restrictions may be prohibited.
Identity Verification Documents Needed:
Valid government-issued ID (passport or national ID).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
Proof of trading experience or financial status.
KYC/AML Compliance Procedures:
All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
To register for a kaiher account, follow these steps:
Issue: Document upload fails.
Solution: Ensure documents are clear and in the correct format (PDF, JPG).
Issue: Account verification takes too long.
Solution: Contact customer support for assistance.
The kaiher demo account allows traders to practice trading without financial risk.
Demo Account Features and Benefits:
Access to the same trading platforms as live accounts.
Virtual funds to simulate real trading conditions.
Ideal for testing strategies and familiarizing with the trading platform.
How to Open a Demo Account:
Visit the kaiher website and select the demo account option.
Fill in the required information and create an account.
Demo Account Limitations:
Limited to virtual funds; cannot withdraw profits.
Virtual Balance Amount:
Typically, demo accounts come with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Trading conditions may differ slightly due to market factors.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a set period, usually 30 days, but can often be renewed.
The Islamic account at kaiher is designed for traders who adhere to Islamic finance principles.
Swap-Free/Islamic Account Availability:
Yes, kaiher offers Islamic accounts that are swap-free.
Eligibility Requirements:
Must be a practicing Muslim.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees for overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process or contact customer support.
Restrictions or Special Conditions:
Must comply with Sharia law; no interest-based transactions.
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