KDM broker Accounts

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

Part 1: kdm Account Types Overview

kdm Account Types Explained

KDM offers a variety of account types tailored to different trading needs and profiles. Below are the primary account types available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Ideal for beginners; offers access to a wide range of trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads (from 0.0 pips) with a 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 and professional traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a lower commission.
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions; suitable for professional traders.
• Target User Profile: Experienced traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free.
• Leverage Options: Up to 1:200
• Key Features: Compliant with Islamic finance principles; no interest charges.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex, commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• 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 looking to test strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: kdm Account Features Comparison

Detailed kdm Account Features

When considering kdm account types, it's essential to compare their features comprehensively:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:200

• Demo: Same as live accounts

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Demo: Same as live accounts

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: Lower than ECN

• 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:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account.

• Swap-Free Options: Available for Islamic Account.

• Demo Account Features: Full access to trading instruments with virtual funds.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly for beginners.

• Access to a wide range of instruments.

• ECN Account:

• Tight spreads and low latency.

• Ideal for scalpers and high-frequency traders.

• Direct access to liquidity providers.

• Pro Account:

• Enhanced trading conditions.

• Lower commissions for high-volume traders.

• Access to advanced trading tools.

• Islamic Account:

• Complies with Islamic finance principles.

• No interest charges.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free environment to practice trading.

• Full access to trading features.

• Helps in strategy testing.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may add up for low-volume traders.

• Pro Account:

• Higher minimum deposit.

• May not be suitable for casual traders.

• Islamic Account:

• Limited availability in some regions.

• May have restrictions on certain instruments.

• Demo Account:

• No real money involved.

• Limited duration for practice.

Part 3: kdm Account Opening Requirements

kdm Account Registration Requirements

To open a kdm account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country.
• Prohibited Countries: Specific countries may be restricted; check the kdm website for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

KDM adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and source of funds.

Verification Time Frames

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

Part 4: kdm Account Opening Process

Step-by-Step kdm Account Opening Guide

1. Visit Website and Click Registration: Navigate to the kdm website and find the registration link.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the kdm team to verify your account.
7. Fund Your Account: Once verified, deposit funds into your trading account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, but mobile users may experience a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

The average account approval time is between 1-3 business days.

How to Upgrade/Downgrade Account Types

Account type changes can typically be requested through the account management section of the kdm platform or by contacting customer support.

Part 5: kdm Demo Account Information

kdm Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments.

• No risk of losing real money.

• Ideal for practicing strategies and familiarizing with the trading platform.

• How to Open a Demo Account:

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

• Fill in the required information and create your account.

• Demo Account Limitations:

• Limited duration (typically 30 days).

• Virtual funds may not reflect real market conditions.

• Virtual Balance Amount: Usually set at $10,000 or more in virtual funds.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money.

• Market conditions may differ due to liquidity and execution speed.

• Duration/Expiry of Demo Accounts: Demo accounts typically expire after 30 days of inactivity.

Part 6: kdm Islamic Account Details

kdm Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, KDM offers Islamic accounts.
• Eligibility Requirements: Must provide documentation confirming adherence to Islamic finance principles.
• Differences from Standard Accounts: No interest charges; similar trading conditions to standard accounts.
• How to Apply for Islamic Account: Select the Islamic account option during registration or contact customer support.
• Restrictions or Special Conditions: May have limitations on certain trading instruments.

FAQs – kdm Account Types & Opening

1. What account types does kdm offer？

• KDM 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: $500, Demo: N/A.

1. How long does kdm account verification take？

• Verification typically takes 1-3 business days.

1. Does kdm offer demo accounts？

• Yes, kdm provides demo accounts for practice trading.

1. Can I have multiple account types with kdm？

• Yes, clients can open multiple account types.

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

• Yes, kdm offers Islamic accounts that comply with Sharia law.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

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