Search

Rating Index

Pros

User-friendly platform with MT4/MT5 support for trading.
Responsive customer service that addresses issues promptly.
Offers a variety of account types to cater to different trading needs.

Cons

Low overall rating of 1.4/10, indicating potential dissatisfaction among users.
Limited information on regulatory oversight, raising concerns about trustworthiness.
Negative equity protection may not be adequately communicated, leading to confusion for traders.

Navigare broker Accounts

Part 1: navigare Account Types Overview

Navigare Yachting offers several account types tailored to different trading needs and preferences. Below is a comprehensive overview of the available account types:

Account Type Minimum Deposit Spread/Commission Leverage Options Key Features Target User Profile Trading Instruments Available
Complete Program Varies by yacht Up to 8% guaranteed income Up to 12% annually Hassle-free yacht ownership, maintenance included Intermediate to advanced Yachts, catamarans
Ultimate Program Varies by yacht Variable income based on charter Higher potential returns Flexibility in sailing schedule, higher revenue from charters Advanced Yachts, catamarans
Smart Program Varies by yacht Revenue-sharing model Up to 10% annually Tailored to maximize rental income Intermediate Yachts, catamarans
Demo Account None N/A N/A Practice trading without risk Beginners Virtual trading instruments

  • Beginners: Demo Account
  • Intermediate: Complete Program
  • Advanced: Ultimate Program

Part 2: navigare Account Features Comparison

Detailed navigare Account Features

Comparison of Features Across Different Account Types

Feature Complete Program Ultimate Program Smart Program Demo Account
Minimum Deposit Varies by yacht Varies by yacht Varies by yacht None
Maximum Leverage Up to 12% Higher potential returns Up to 10% N/A
Spreads Guaranteed income of 7-8% Variable income Revenue-sharing N/A
Commission Fees None Based on charter activity None N/A
Lot Size Standard Standard Standard Virtual
Available Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market Market Market N/A
Islamic Account Availability Yes Yes Yes N/A
Swap-free Options Yes Yes Yes N/A
Demo Account Features N/A N/A N/A Virtual trading with real market conditions

Advantages of Each Account Type

  • Complete Program
  • Guaranteed income
  • Hassle-free management
  • Flexible usage options
  • No hidden costs
  • Ultimate Program
  • High revenue potential
  • Flexibility in sailing schedule
  • Control over investment
  • Concierge support
  • Smart Program
  • Tailored for rental income
  • Lower initial investment
  • Access to luxury properties
  • Stable returns
  • Demo Account
  • Risk-free trading experience
  • Practice with real market conditions
  • No financial commitment
  • Ideal for skill development

Disadvantages of Each Account Type

  • Complete Program
  • Limited flexibility in income generation
  • Requires upfront investment
  • Ultimate Program
  • Higher risk due to variable income
  • Requires active management
  • Smart Program
  • Potentially lower returns compared to Ultimate
  • Limited personal usage time
  • Demo Account
  • No real financial gain
  • Limited duration for practice

Part 3: navigare Account Opening Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Specific countries may be restricted; check with Navigare for details.
  • Prohibited Countries: Countries under international sanctions may be prohibited from opening accounts.

Identity Verification Documents Needed

  • Government-issued photo ID (e.g., passport, driver's license)
  • Proof of residence (e.g., utility bill, bank statement)

Additional Documentation for Professional Accounts

  • Business registration documents (if applicable)
  • Financial statements

KYC/AML Compliance Procedures

  • All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Verification Time Frames

  • Account verification typically takes 1-3 business days, depending on document submission and processing.

Part 4: navigare Account Opening Process

Step-by-Step navigare Account Opening Guide

  1. Visit Website: Go to the Navigare Yachting homepage.
  2. Click Registration: Find and click on the registration link.
  3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
  4. Choose Account Type: Select the desired account type from the options available.
  5. Set Trading Preferences: Specify your trading preferences and goals.
  6. Document Upload: Upload required identification and proof of residence documents.
  7. Account Verification: Wait for the verification process to complete.
  8. Fund Your Account: Deposit the minimum required amount to activate your account.
  9. Start Trading: Once approved, you can begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but the mobile interface may be optimized for smaller screens.

Common Registration Issues and Solutions

  • Document Rejection: Ensure all documents are clear and meet the requirements.
  • Email Verification: Check spam folders if you do not receive a verification email.

Average Account Approval Time

  • Generally, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Contact customer support to request an upgrade or downgrade of your account type.

Part 5: navigare Demo Account Information

Demo Account Features and Benefits

  • Allows practice trading without financial risk.
  • Access to real market conditions and trading instruments.
  • Ideal for beginners to develop trading skills.

How to Open a Demo Account

  • Visit the Navigare website and select the demo account option.
  • Fill out the registration form and submit.

Demo Account Limitations

  • Limited duration for usage.
  • No real financial gains.

Virtual Balance Amount

  • Typically, demo accounts come with a virtual balance that simulates real trading conditions.

Demo vs Live Account Differences

  • Demo accounts do not involve real money, while live accounts require actual capital investment.

Duration/Expiry of Demo Accounts

  • Demo accounts usually expire after a set period, often 30 days, unless extended.

Part 6: navigare Islamic Account Details

Swap-free/Islamic Account Availability

  • Navigare offers swap-free accounts to comply with Islamic finance principles.

Eligibility Requirements

  • Clients must request an Islamic account during the registration process.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees overnight, making them compliant with Sharia law.

How to Apply for Islamic Account

  • Indicate the request for an Islamic account during the account registration process.

Restrictions or Special Conditions

  • Clients must adhere to the terms and conditions set forth by Navigare for Islamic accounts.

FAQs – navigare Account Types & Opening

  1. What account types does navigare offer?
  • Navigare offers Complete, Ultimate, Smart, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Minimum deposits vary by yacht for Complete, Ultimate, and Smart accounts; Demo accounts require no deposit.
  1. How long does navigare account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does navigare offer demo accounts?
  • Yes, Navigare offers demo accounts for practice trading.
  1. Can I have multiple account types with navigare?
  • Yes, clients can have multiple account types.
  1. Does navigare offer Islamic/swap-free accounts?
  • Yes, Navigare provides Islamic accounts that are swap-free.
  1. What documents do I need to open a navigare account?
  • A government-issued photo ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can request to upgrade or downgrade your account type through customer support.

Navigare accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Navigare Account