kis futures Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
kis futures Account Types Explained
KIS Futures offers a variety of account types tailored to meet the needs of different traders, from beginners to experienced professionals. Below is a comprehensive overview of the available account types, including their features, requirements, and target user profiles.
Available Account Types
- Standard Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Variable spreads starting from 1.5 pips
- Leverage Options: Up to 1:50
- Key Features: Access to all trading instruments, educational resources, and customer support.
- Target User Profile: Beginner to intermediate traders.
- Trading Instruments Available: Commodities, currencies, stock indices.
- Pro Account
- Minimum Deposit Requirement: $10,000
- Spread/Commission Structure: Low spreads starting from 0.5 pips with a commission of $5 per lot.
- Leverage Options: Up to 1:100
- Key Features: Advanced trading tools, priority customer support, and lower trading costs.
- Target User Profile: Advanced traders and professionals.
- Trading Instruments Available: All instruments available in the Standard Account.
- Islamic Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Similar to Standard Account.
- Leverage Options: Up to 1:50
- Key Features: Swap-free trading in compliance with Sharia law.
- Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
- Trading Instruments Available: Commodities, currencies, stock indices.
- Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Same as Standard Account.
- Leverage Options: Up to 1:50
- Key Features: Practice trading with virtual funds, access to educational resources.
- Target User Profile: Beginners wanting to practice trading without financial risk.
- Trading Instruments Available: All instruments available in the Standard Account.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginner: Standard Account
- Intermediate: Standard or Islamic Account
- Advanced: Pro Account
Detailed kis futures Account Features
Feature Comparison Across Different Account Types
-
Minimum Deposit:
Standard: $1,000
Pro: $10,000
Islamic: $1,000
Demo: N/A
Maximum Leverage:
Standard: 1:50
Pro: 1:100
Islamic: 1:50
Demo: 1:50
Spreads (Typical/Minimum):
Standard: From 1.5 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Same as Standard
Commission Fees:
Standard: None
Pro: $5 per lot
Islamic: None
Demo: None
Lot Size:
Standard: Standard lots
Pro: Standard lots
Islamic: Standard lots
Demo: Virtual lots
Available Trading Platforms:
All account types: MT4, MT5, proprietary platform.
Execution Type:
All account types: Market execution.
Islamic Account Availability:
Yes, available for Standard and Islamic accounts.
Swap-free Options:
Available for Islamic accounts.
Demo Account Features:
Virtual balance for practice, access to all trading instruments.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit.
Access to educational resources.
Suitable for beginners.
Pro Account:
Lower trading costs.
Advanced trading tools.
Higher leverage options.
Islamic Account:
Compliance with Sharia law.
No swap fees.
Demo Account:
Risk-free trading environment.
Ideal for practice and learning.
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to Pro Account.
Pro Account:
Higher minimum deposit requirement.
Islamic Account:
Limited to swap-free trading only.
Demo Account:
Limited duration and virtual funds.
kis futures Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
- Prohibited Countries: Not specified in the sources.
Identity Verification Documents Needed
- Government-issued ID (e.g., passport or driver's license).
- Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts
- Financial statements may be required for professional accounts.
KYC/AML Compliance Procedures
- KIS Futures follows standard Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify the identity of clients.
Verification Time Frames
- Account verification typically takes 1-3 business days.
Step-by-Step kis futures Account Opening Guide
Registration Process
- Visit Website and Click Registration: Go to the KIS Futures website and select the account type you wish to open.
- Personal Information Entry: Fill in your personal details, including name, address, and contact information.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the KIS Futures team to verify your documents.
- Fund Your Account: Once verified, deposit the minimum required funds to activate your account.
- Start Trading: Begin trading on the platform.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, though the mobile interface may have fewer features.
Common Registration Issues and Solutions
-
Issue: Document upload failure.
Solution: Ensure documents are clear and in the correct format (PDF/JPEG).
Issue: Delayed verification.
Solution: Contact customer support for assistance.
Average Account Approval Time
- Typically 1-3 business days.
How to Upgrade/Downgrade Account Types
- Contact customer support to request an upgrade or downgrade of your account type.
kis futures Demo Account Guide
Demo Account Features and Benefits
- Allows traders to practice without financial risk.
- Access to all trading instruments and educational resources.
How to Open a Demo Account
- Visit the KIS Futures website and select the demo account option, then follow the registration steps.
Demo Account Limitations
- Limited duration (typically 30 days).
- Virtual balance amount may vary.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts require real money deposits.
Duration/Expiry of Demo Accounts
- Demo accounts typically expire after 30 days of inactivity.
kis futures Islamic Account Details
Swap-free/Islamic Account Availability
- Yes, KIS Futures offers Islamic accounts that comply with Sharia law.
Eligibility Requirements
- Must be a Muslim trader seeking swap-free trading.
Differences from Standard Accounts
- No swap fees applied to Islamic accounts.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process.
Restrictions or Special Conditions
- Must adhere to Islamic finance principles, primarily concerning interest.
FAQs – kis futures Account Types & Opening
- What account types does kis futures offer?
- KIS Futures offers Standard, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $1,000; Pro: $10,000; Islamic: $1,000; Demo: N/A.
- How long does kis futures account verification take?
- Verification typically takes 1-3 business days.
- Does kis futures offer demo accounts?
- Yes, KIS Futures offers demo accounts for practice trading.
- Can I have multiple account types with kis futures?
- Yes, you can open multiple account types.
- Does kis futures offer Islamic/swap-free accounts?
- Yes, KIS Futures offers Islamic accounts.
- What documents do I need to open a kis futures account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type through customer support.
KIS FUTURES accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .