Nanto offers several account types tailored to different trading needs and experience levels. Below are the available account types:
| Account Type | Minimum Deposit | Spread (Min) | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | 1.0 pips | None | 1:500 | Beginners |
| ECN | $500 | 0.1 pips | $5/lot | 1:200 | Advanced Traders |
| Pro | $1,000 | 0.0 pips | $3/lot | 1:100 | Professional Traders |
| Islamic | $500 | Similar to Standard/ECN | None | 1:200 | Muslim Traders |
| Demo | Virtual Funds | Same as live | None | Same as live | Beginners/Testing |
When comparing the features across different nanto account types, the following aspects are crucial:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: Virtual funds
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:200
Demo: Same as live accounts
Spreads (Typical/Minimum):
Standard: 1.0 pips
ECN: 0.1 pips
Pro: 0.0 pips
Islamic: Similar to Standard or ECN
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Lot Size:
Standard: 1 lot (can vary)
ECN: 1 lot (can vary)
Pro: 1 lot (can vary)
Islamic: 1 lot (can vary)
Demo: 1 lot (can vary)
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: ECN
Islamic: Market
Demo: Market
Islamic Account Availability:
Available for Islamic Account type only.
Swap-Free Options:
Available for Islamic Account.
Demo Account Features:
Access to all trading instruments, same trading conditions as live accounts.
Standard Account:
Low minimum deposit
User-friendly interface
No commission fees
Access to various trading instruments
ECN Account:
Lower spreads
Direct market access
Suitable for high-frequency trading
Ideal for experienced traders
Pro Account:
Best trading conditions
Priority customer support
Low commission fees
Access to advanced trading tools
Islamic Account:
Complies with Sharia law
No swap fees
Similar benefits to other accounts
Demo Account:
Risk-free trading environment
Practice strategies without financial risk
Access to all trading features
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees can add up
Pro Account:
High minimum deposit
Not suitable for beginners
Islamic Account:
Limited to Muslim traders
May have fewer features than other accounts
Demo Account:
Virtual funds only
Limited time for practice trading
To open an account with nanto, you must meet the following eligibility criteria:
Age Requirements:
Must be at least 18 years old.
Geographic Restrictions:
Available to residents of most countries, but specific restrictions may apply.
Prohibited Countries:
Countries under international sanctions or restrictions.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID)
Proof of address (utility bill or bank statement)
Proof of Residence Requirements:
Recent document showing your name and address.
Additional Documentation for Professional Accounts:
May require financial statements or proof of trading experience.
Issue: Document upload fails.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification takes longer than expected.
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Access to all trading instruments.
Practice trading strategies without financial risk.
Same trading conditions as live accounts.
How to Open a Demo Account:
Follow the registration process and select the Demo Account option.
Demo Account Limitations:
Limited to virtual funds and may have an expiry period.
Virtual Balance Amount:
Typically $10,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a certain period, typically 30 days, but can often be extended.
Swap-Free/Islamic Account Availability:
nanto offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees.
How to Apply for Islamic Account:
Select the Islamic account option during registration or contact customer support.
Restrictions or Special Conditions:
Must adhere to Islamic financial principles.
Explore broker markets account types: forex/trading accounts with demo access.