KLA Capital offers a variety of account types to cater to different trading needs and preferences. Below is a detailed overview of the available account types:
| Account Type | Minimum Deposit | Spread (pips) | Commission | Maximum Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 | None | 1:500 | Beginners |
| ECN | $500 | From 0.0 | $3/lot | 1:200 | Experienced |
| Pro | $1,000 | From 0.5 | $2/lot | 1:300 | Professionals |
| Islamic | $500 | Varies | Varies | 1:200 | Muslim Traders |
| Demo | N/A | Varies | N/A | 1:500 | All Traders |
When comparing the features of different account types at KLA Capital, the following aspects are crucial:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:200
Demo: 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Varies based on account type
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: Varies based on account type
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:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: N/A
Demo Account Features:
Virtual balance provided; access to all trading instruments; risk-free environment.
Standard Account:
User-friendly interface.
No commission fees.
Suitable for beginners.
ECN Account:
Direct market access.
Lower spreads.
Ideal for scalping.
Pro Account:
Advanced trading tools.
Priority customer support.
Tailored services for professionals.
Islamic Account:
Compliant with Sharia law.
Swap-free trading.
Suitable for Muslim traders.
Demo Account:
Risk-free trading.
Practice strategies.
Access to all instruments.
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Requires higher minimum deposit.
Commission fees apply.
Pro Account:
Higher minimum deposit.
Not suitable for beginners.
Islamic Account:
Limited availability of features compared to other accounts.
Demo Account:
Virtual funds only; cannot withdraw profits.
To open an account with KLA Capital, the following eligibility criteria must be met:
Age Requirements:
Must be at least 18 years old.
Geographic Restrictions:
KLA Capital accepts clients globally, but specific countries may be restricted.
Prohibited Countries:
Countries under international sanctions or those where KLA Capital does not operate.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID).
Proof of address (utility bill or bank statement).
Proof of Residence Requirements:
Recent documents showing the applicant's name and address.
Additional Documentation for Professional Accounts:
Proof of trading experience or financial qualifications may be required.
KLA Capital adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. All clients must provide valid identification and proof of residence to comply with these regulations.
Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documentation.
The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified steps for ease of use.
Issue: Document upload failure.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification delays.
Solution: Contact customer support for assistance.
The average account approval time is between 1 to 3 business days, depending on the completeness of the documentation.
To change account types, clients must contact KLA Capital's customer support for guidance on the process and any additional requirements.
KLA Capital offers a demo account to help traders practice without financial risk.
Demo Account Features and Benefits:
Access to all trading instruments.
Virtual funds to practice trading strategies.
Risk-free environment.
How to Open a Demo Account:
Follow the same registration process as for a live account, selecting "Demo Account" during account type selection.
Demo Account Limitations:
Virtual funds cannot be withdrawn.
Limited to practice trading only.
Virtual Balance Amount:
Typically provided with a virtual balance of $10,000 or more.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money and trading risks.
Duration/Expiry of Demo Accounts:
Demo accounts usually remain active for 30 days, but this can vary based on KLA Capital's policies.
KLA Capital provides Islamic accounts that comply with Sharia law.
Swap-Free/Islamic Account Availability:
Yes, available for Standard, ECN, and Pro accounts.
Eligibility Requirements:
Must be a Muslim trader seeking compliant trading options.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees, making them suitable for long-term positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions:
Must comply with KLA Capital's terms for Islamic accounts.
Explore broker markets account types: forex/trading accounts with demo access.