Kejriwal broker Accounts

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

kejriwal Account Types Explained

Kejriwal offers several account types catering to different trading needs and preferences. Below is a detailed overview of each account type available for traders:

1. Standard Account

• Minimum Deposit Requirement: ₹5,000
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features: Ideal for beginners, access to educational resources
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Low spreads starting from 0.1 pips, commission of ₹20 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution
• Target User Profile: Intermediate to advanced traders
• Trading Instruments Available: Forex, cryptocurrencies, commodities

3. Pro Account

• Minimum Deposit Requirement: ₹25,000
• Spread/Commission Structure: Spreads starting from 0.5 pips, commission of ₹10 per lot
• Leverage Options: Up to 1:500
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, stocks, commodities, indices

4. Islamic Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Similar to Standard Account, no swap fees
• Leverage Options: Up to 1:100
• Key Features: Swap-free trading, compliant with Islamic finance principles
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:100
• Key Features: Risk-free environment for practice, access to all trading tools
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed Kejriwal Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Easy to open and manage

• Access to educational resources

• Suitable for new traders

• ECN Account:

• Lower spreads for cost-effective trading

• Direct market access for faster execution

• Ideal for high-frequency trading

• Pro Account:

• Advanced trading tools and features

• Lower commission fees for active traders

• Priority customer support

• Islamic Account:

• Compliant with Islamic finance principles

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment for practice

• Access to all trading tools

• Ideal for testing strategies before live trading

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts

• Limited features for advanced trading

• ECN Account:

• Higher minimum deposit requirement

• Commission fees may add up for frequent traders

• Pro Account:

• High minimum deposit requirement

• May not be suitable for casual traders

• Islamic Account:

• Limited availability of trading instruments

• Higher minimum deposit compared to Standard

• Demo Account:

• Virtual funds do not reflect real market conditions

• Limited duration for practice

Kejriwal Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available to residents of India; check for specific country restrictions
• Prohibited Countries: Countries under international sanctions may be restricted
• Identity Verification Documents Needed:
• Government-issued ID (Aadhar card, passport, etc.)
• PAN card
• Proof of Residence Requirements:
• Utility bill or bank statement (not older than 3 months)
• Additional Documentation for Professional Accounts:
• Proof of income or trading experience may be required

KYC/AML Compliance Procedures

• Complete the Know Your Customer (KYC) process by submitting required documents
• Anti-Money Laundering (AML) checks may be conducted

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on document submission and review.

Step-by-Step Kejriwal Account Opening Guide

Detailed Registration Process

1. Visit Website: Go to the official Kejriwal trading platform.
2. Click Registration: Locate and click on the "Register" 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: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload required identity verification and proof of residence documents.
7. Account Verification: Wait for the account verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to activate your account.
9. Start Trading: Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile users may have a more streamlined interface for document uploads.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Log in to your account and navigate to the account settings section to request an upgrade or downgrade.

Kejriwal Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading tools available in live accounts.
• Ideal for beginners to familiarize themselves with the platform.

How to Open a Demo Account

• Follow the same registration process, selecting the demo account option.

Demo Account Limitations

• Limited duration for usage (typically 30 days).
• Virtual balance may not reflect real market conditions.

Virtual Balance Amount

• The demo account usually comes with a virtual balance of ₹1,000,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Live accounts involve actual market risks and trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

Kejriwal Islamic Account Details

Swap-Free/Islamic Account Availability

• Kejriwal offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Must provide documentation confirming adherence to Islamic finance principles.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have limited trading instruments compared to standard accounts.

FAQs – Kejriwal Account Types & Opening

1. What account types does Kejriwal offer？

• Kejriwal offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: ₹5,000, ECN: ₹10,000, Pro: ₹25,000, Islamic: ₹10,000, Demo: N/A.

1. How long does Kejriwal account verification take？

• Verification typically takes 1-3 business days.

1. Does Kejriwal offer demo accounts？

• Yes, Kejriwal offers demo accounts for practice trading.

1. Can I have multiple account types with Kejriwal？

• Yes, you can open multiple account types.

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

• Yes, Islamic accounts are available.

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

• Government-issued ID, PAN card, and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through account settings.