NVEST broker Accounts

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

Part 1: nvest Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: $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, including forex, commodities, and indices.
• Target User Profile: Beginners and intermediate traders
• Trading Instruments Available: Forex pairs, commodities, indices

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips + $3 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex pairs, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit: $5,000
• Spread/Commission Structure: Spreads starting from 0.1 pips + $2 commission per lot
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority customer support, and advanced trading tools.
• Target User Profile: Professional and institutional traders
• Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies

1. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading in compliance with Islamic finance principles.
• Target User Profile: Muslim traders seeking compliance with Sharia law
• Trading Instruments Available: Forex pairs, commodities, indices

1. Demo Account

• Minimum Deposit: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as the Standard Account
• Leverage Options: Same as the Standard Account
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: Beginners and traders testing new strategies
• Trading Instruments Available: Same as Standard Account

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: Detailed nvest Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $5,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Spreads:

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.1 pips

• Islamic: From 1.0 pips

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: 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: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Virtual balance of $10,000

• Access to all trading instruments

• No time limit for practice

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• Suitable for beginners

• ECN Account:

• Tight spreads

• Direct market access

• Ideal for high-frequency trading

• Pro Account:

• Enhanced trading conditions

• Lower commission fees

• Priority customer support

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Flexible trading options

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• No time constraints

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• High minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited to Islamic compliance

• May have fewer features than standard accounts

• Demo Account:

• No real profits

• Limited to virtual trading experience

Part 3: nvest Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under sanctions or restrictions (specific list not provided).
• 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 qualifications may be required.

KYC/AML Compliance Procedures

• Completion of Know Your Customer (KYC) process is mandatory.
• Anti-Money Laundering (AML) checks will be performed.

Verification Time Frames

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

Part 4: Step-by-Step nvest Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the nvest website and select the account type you wish to open.
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 fits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded and verified, you can start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format (PDF, JPG).
• Issue: Delayed verification
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Most accounts are approved within 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request changes to their account type through the client portal or by contacting customer support.

Part 5: nvest Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading instruments available in live accounts.
• Allows users to familiarize themselves with the trading platform.

How to Open a Demo Account

• Visit the nvest website and select the demo account option.
• Fill out the registration form and create your demo account.

Demo Account Limitations

• Virtual funds are limited to a set amount (typically $10,000).
• No real profits can be made.

Virtual Balance Amount

• Standard virtual balance is $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Trading conditions may differ slightly between demo and live accounts.

Duration/Expiry of Demo Accounts

• Demo accounts typically remain active for an unlimited time, but this may vary based on the broker's policy.

Part 6: nvest Islamic Account Details

Swap-Free/Islamic Account Availability

• nvest offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a practicing Muslim.
• Verification of religious compliance may be required.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.
• Trading conditions may be similar to standard accounts.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions to ensure compliance with Islamic finance principles.

FAQs – nvest Account Types & Opening

1. What account types does nvest offer？

• nvest offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $5,000, Islamic: $100, Demo: Virtual funds.

1. How long does nvest account verification take？

• Verification typically takes 1-3 business days.

1. Does nvest offer demo accounts？

• Yes, nvest provides demo accounts for practice trading.

1. Can I have multiple account types with nvest？

• Yes, users can open multiple account types.

1. Does nvest offer Islamic/swap-free accounts？

• Yes, nvest offers Islamic accounts that comply with Sharia law.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, users can request changes to their account type through the client portal or customer support.