KS Capital offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads, no commission | Up to 1:500 | User-friendly, suitable for beginners | Beginners | Forex, commodities, indices |
| ECN | $500 | Low spreads + commission per trade | Up to 1:200 | Direct market access, faster execution | Advanced traders | Forex, commodities, cryptocurrencies |
| Pro | $1,000 | Fixed spreads, lower commission | Up to 1:100 | Tailored for professional traders | Institutional | Forex, commodities, indices, stocks |
| Islamic | $500 | Variable spreads, no swap fees | Up to 1:200 | Sharia-compliant, no interest | Muslim traders | Forex, commodities, indices |
| Demo | N/A | N/A | N/A | Practice trading without risk | All levels | Forex, commodities, indices |
When comparing the features of different account types at KS Capital, the following aspects are crucial:
| Feature | Standard | ECN | Pro | Islamic | Demo |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $500 | N/A |
| Maximum Leverage | 1:500 | 1:200 | 1:100 | 1:200 | N/A |
| Spreads (Typical/Minimum) | Variable | Low | Fixed | Variable | N/A |
| Commission Fees | None | Yes | Lower | None | N/A |
| Lot Size | Standard | Micro | Standard | Standard | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | N/A | N/A | N/A | N/A | Virtual balance for practice |
Standard Account:
Advantages: Low minimum deposit, user-friendly interface, no commission.
Disadvantages: Higher spreads, limited advanced features.
ECN Account:
Advantages: Low spreads, direct market access, suitable for scalping.
Disadvantages: Higher minimum deposit, commission fees.
Pro Account:
Advantages: Fixed spreads, lower commission for high-volume traders.
Disadvantages: High minimum deposit, complex for beginners.
Islamic Account:
Advantages: Sharia-compliant, no swap fees.
Disadvantages: Limited availability, higher minimum deposit.
Demo Account:
Advantages: Risk-free trading, practice with virtual funds.
Disadvantages: Limited duration, no real profit.
To open an account with KS Capital, the following eligibility criteria and requirements must be met:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to residents of most countries, but may exclude certain jurisdictions.
Prohibited Countries: Specific countries may be restricted; check with KS Capital for the latest list.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
Proof of income or financial statements may be required.
KYC/AML Compliance Procedures:
Completion of Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Issue: Document upload fails.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification delays.
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Allows traders to practice without financial risk.
Access to the same trading platforms and instruments as live accounts.
How to Open a Demo Account:
Visit the KS Capital website and select the demo account option.
Fill out the registration form and submit.
Demo Account Limitations:
Limited duration (typically 30-90 days).
Virtual funds only, no real profit.
Virtual Balance Amount:
Usually set at a standard amount (e.g., $10,000) for practice.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Market conditions may differ slightly due to liquidity and execution speed.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30-90 days of inactivity.
Swap-Free/Islamic Account Availability:
Yes, KS Capital offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a practicing Muslim and provide relevant documentation if required.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions:
Ensure compliance with Islamic finance principles; no interest-bearing transactions.
Explore broker markets account types: forex/trading accounts with demo access.