North Online broker Accounts

north online Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

north online Account Types Explained

North online offers a variety of account types tailored to different trading needs and profiles. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features:
• Access to a wide range of trading instruments
• Suitable for beginners and experienced traders
• Target User Profile: Beginner to intermediate traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, commodities, and indices

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 0.5 pips with a commission of $2 per lot
• Leverage Options: Up to 1:100
• Key Features:
• Enhanced trading conditions
• Priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, and stocks

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features:
• Swap-free trading
• Compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, and indices

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features:
• Practice trading with virtual funds
• Access to all trading instruments
• Target User Profile: Beginners and traders looking to test strategies
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: Standard Account, Pro Account
• Advanced Traders: ECN Account, Pro Account
• Professional Traders: Pro Account
• Muslim Traders: Islamic Account

Detailed north online Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• User-friendly for beginners
• Access to a variety of instruments
• ECN Account:
• Direct market access
• Tight spreads
• Ideal for scalping
• Pro Account:
• Enhanced trading conditions
• Lower commission fees
• Priority support
• Islamic Account:
• Compliant with Sharia law
• No swap fees
• Demo Account:
• Risk-free trading environment
• Ideal for strategy testing

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• ECN Account:
• Higher minimum deposit
• Commission fees apply
• Pro Account:
• Higher minimum deposit
• Not suitable for beginners
• Islamic Account:
• Limited availability of features compared to standard accounts
• Demo Account:
• No real profits
• Limited duration for practice

north online 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: Countries under international sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license)
• Social Security Number (for U.S. residents)
• Proof of Residence Requirements:
• Utility bill or bank statement with your name and address
• Additional Documentation for Professional Accounts:
• Proof of trading experience or financial statements may be required.

KYC/AML Compliance Procedures

• North online adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. All users must provide valid identification and proof of residence.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step north online Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Navigate to the north online website and click on the "Open an Account" button.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Once verified, deposit the minimum required amount to activate your account.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failures
• Solution: Ensure documents are clear and in the correct format (PDF or JPEG).
• Issue: Delays in verification
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is between 1-3 business days, depending on the completeness of the documentation.

How to Upgrade/Downgrade Account Types

• To change your account type, contact customer support and provide the necessary documentation for the new account type.

north online Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice without financial risk, using virtual funds to simulate real trading conditions.

How to Open a Demo Account

• Visit the north online website and select the option to open a demo account. Fill in the required information and submit.

Demo Account Limitations

• The demo account may have a limited duration and may not provide access to all trading instruments.

Virtual Balance Amount

• The demo account typically comes with a virtual balance of $10,000 or more, depending on the platform's settings.

Demo vs Live Account Differences

• The demo account does not involve real money, while the live account requires a minimum deposit and involves real trading.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days but can be extended upon request.

north online Islamic Account Details

Swap-Free/Islamic Account Availability

• North online offers an Islamic account that is swap-free and complies with Sharia law.

Eligibility Requirements

• Traders must declare their need for an Islamic account during the registration process.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different trading conditions.

How to Apply for Islamic Account

• During the account registration process, select the Islamic account option and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limited access to certain instruments.

FAQs – north online Account Types & Opening

1. What account types does north online offer？

• North online offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.

1. How long does north online account verification take？

• Verification typically takes 1-3 business days.

1. Does north online offer demo accounts？

• Yes, north online provides demo accounts for practice trading.

1. Can I have multiple account types with north online？

• Yes, you can have multiple account types.

1. Does north online offer Islamic/swap-free accounts？

• Yes, north online offers Islamic accounts that are swap-free.

1. What documents do I need to open a north online account？

• You need a government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.