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Rating Index

Pros

Strong presence in the Iranian market with a significant daily visitor count.
Offers a variety of trading instruments and services tailored to local investors.
Google Safe Browsing reports the site as safe, enhancing user trust.

Cons

Low global ranking and limited international visibility, indicating a niche market focus.
Poor SEO performance and social media engagement, suggesting potential challenges in attracting new clients.
Website performance metrics indicate issues with mobile usability, which may hinder user experience.

Kharazmi broker Accounts

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

kharazmi Account Types Explained

Kharazmi offers several account types tailored to meet the diverse needs of traders. Below is a comprehensive overview of each account type available:

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, 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: Spreads starting from 0.0 pips; commission of $3 per lot.
  • Leverage Options: Up to 1:200.
  • Key Features: Direct market access, low latency trading.
  • Target User Profile: Advanced traders and scalpers.
  • Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Spreads starting from 0.1 pips; commission of $2 per lot.
  • Leverage Options: Up to 1:100.
  • Key Features: Enhanced trading conditions, suitable for high-volume traders.
  • Target User Profile: Professional and institutional traders.
  • Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account; no swap fees.
  • Leverage Options: Up to 1:500.
  • Key Features: Swap-free trading, compliant with Islamic finance principles.
  • Target User Profile: Traders of Islamic faith.
  • Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

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

Account Type Comparison Table

Account Type Min Deposit Spread Commission Leverage Target User
Standard $100 From 1.5 pips None 1:500 Beginners
ECN $500 From 0.0 pips $3/lot 1:200 Advanced
Pro $1,000 From 0.1 pips $2/lot 1:100 Professionals
Islamic $100 Similar to Standard None 1:500 Islamic Traders
Demo N/A Similar to Standard None 1:500 All levels

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

Detailed kharazmi Account Features

Account Features Comparison

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage 1:500 1:200 1:100 1:500 1:500
Spreads From 1.5 pips From 0.0 pips From 0.1 pips Similar to Standard Similar to Standard
Commission Fees None $3/lot $2/lot None None
Lot Size Standard Micro, Mini, Standard Standard Standard N/A
Available Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market Market
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features No No No No Yes

Advantages of Each Account Type

  • Standard Account: Easy to open, no commissions, suitable for beginners.
  • ECN Account: Low spreads, direct market access, ideal for scalping.
  • Pro Account: Competitive pricing, suitable for high-frequency trading.
  • Islamic Account: Compliant with Islamic finance, no swap fees.
  • Demo Account: Risk-free trading, practice strategies without financial risk.

Disadvantages of Each Account Type

  • Standard Account: Higher spreads compared to ECN.
  • ECN Account: Requires higher minimum deposit.
  • Pro Account: Higher minimum deposit and commission fees.
  • Islamic Account: Limited to traders of Islamic faith.
  • Demo Account: Limited duration and virtual funds.

kharazmi 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 based on regulatory compliance.
  • Identity Verification Documents Needed: Government-issued ID (passport or national ID).
  • Proof of Residence Requirements: Utility bill or bank statement with your name and address.
  • Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

  • Kharazmi adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and residence.

Verification Time Frames

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

Step-by-Step kharazmi Account Opening Guide

Registration Process

  1. Visit Website and Click Registration: Go to the Kharazmi website and find the registration button.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the desired account type from the options available.
  4. Set Trading Preferences: Specify your trading preferences and risk tolerance.
  5. Document Upload: Upload required identification and proof of residence documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to start trading.
  8. Start Trading: Access the trading platform and begin your trading journey.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, though mobile may have a more streamlined interface.

Common Registration Issues and Solutions

  • Issue: Document upload failure.

    Solution: Ensure documents are in the correct format and within size limits.

  • 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

  • Contact customer support to request an upgrade or downgrade of your account type, providing any necessary documentation as required.

kharazmi Demo Account Guide

Demo Account Features and Benefits

  • Features: Access to the same trading platform and instruments as live accounts, with virtual funds.
  • Benefits: Allows traders to practice strategies without financial risk.

How to Open a Demo Account

  • Follow the same registration steps, selecting the demo account option during the account type selection.

Demo Account Limitations

  • Limited duration (typically 30 days) and virtual funds may not reflect real market conditions.

Virtual Balance Amount

  • The demo account typically comes with a virtual balance of $10,000.

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

  • Demo accounts usually expire after 30 days of inactivity or upon reaching the end of the trial period.

kharazmi Islamic Account Details

Swap-Free/Islamic Account Availability

  • Kharazmi offers an Islamic account that adheres to Islamic finance principles, allowing for swap-free trading.

Eligibility Requirements

  • Available to traders of Islamic faith who wish to avoid interest-based transactions.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees, aligning with the principles of Sharia law.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

  • Islamic accounts may have specific trading conditions, such as limited leverage or available instruments.

FAQs – kharazmi Account Types & Opening

  1. What account types does kharazmi offer?
  • Kharazmi 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 kharazmi account verification take?
  • Verification typically takes 1-3 business days.
  1. Does kharazmi offer demo accounts?
  • Yes, Kharazmi offers demo accounts for practice trading.
  1. Can I have multiple account types with kharazmi?
  • Yes, you can have multiple account types, subject to the broker's policies.
  1. Does kharazmi offer Islamic/swap-free accounts?
  • Yes, Kharazmi offers Islamic accounts that are swap-free.
  1. What documents do I need to open a kharazmi account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can request to change your account type through customer support.

Kharazmi accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Kharazmi Account