Kingdom Securities Account Type

Kingdom Securities offers several types of trading accounts to cater to different investor needs. The available account types include:

• Micro Account:
• Minimum Deposit: $250
• Suitable for beginners looking to start trading with a smaller amount of capital.
• Mini Account:
• Minimum Deposit: $500
• Designed for traders who want to engage in more significant trading activities while managing risk.
• Standard Account:
• Minimum Deposit: $5,000
• Ideal for experienced traders looking for higher leverage and access to more trading features.
• ECN Account:
• Minimum Deposit: $500
• Offers tight spreads and is suitable for traders who prefer trading with direct market access.
• Islamic Account:
• Compliant with Shariah law, available for Muslim traders.

Each account type provides various features, including access to the MetaTrader 4 trading platform, leverage up to 1:200, and competitive spreads starting from 0.3 pips on major currency pairs.

Kingdom Securities Broker Account Opening Process

To open an account with Kingdom Securities, follow these steps:

• Visit the Website: Go to the Kingdom Securities website or a Co-operative Bank branch.

• Download Account Opening Forms: Obtain the necessary forms from the website or request them at the branch.

• Complete the Forms: Fill out the account opening forms with accurate information and ensure all required documents are prepared.

• Submit the Forms: Submit the completed forms and required documents either online or at a Co-operative Bank branch.

• Processing Time: Wait for processing, which typically takes up to two working days.

• Receive Confirmation: You will receive an email notification confirming the activation of your account.

By following these steps, you can successfully open an account with Kingdom Securities and start trading.