Oasis Prime broker Accounts

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

oasis prime Account Types Explained

Oasis Prime offers a variety of account types tailored to different trading needs and preferences. Below is a comprehensive overview of the available account types, including their features, requirements, and target user profiles.

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
• User-friendly interface
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, and indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.0 pips + commission
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, and cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads with lower commission rates
• Leverage Options: Up to 1:300
• Key Features:
• Advanced trading tools
• Priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

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 options
• Compliance 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: Same as Standard Account
• Key Features:
• Risk-free trading environment
• Access to all trading instruments
• Target User Profile: Beginners and those 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: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Detailed oasis prime Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly platform

• Suitable for beginners

• ECN Account:

• Tight spreads

• Fast execution speeds

• Ideal for scalping

• Pro Account:

• Advanced trading tools

• Lower commission rates

• Suitable for professional traders

• Islamic Account:

• Complies with Sharia law

• No swap fees

• Accessible to Muslim traders

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Test strategies before going live

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may apply

• Pro Account:

• Requires a higher initial investment

• More complex trading tools

• Islamic Account:

• Limited to specific trading instruments

• May have fewer features than other accounts

• Demo Account:

• Limited duration

• No real profits can be made

oasis prime 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 may not be eligible.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Oasis Prime adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and residence.

Verification Time Frames

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

Step-by-Step oasis prime Account Opening Guide

Registration Process

1. Visit Website: Go to the Oasis Prime website.
2. Click Registration: Find and click on the registration button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the available options.
5. Set Trading Preferences: Indicate trading preferences and risk tolerance.
6. Document Upload: Upload required identification and proof of residence.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds into your account to start trading.
9. Start Trading: Access the 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 a more streamlined design for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Account types can be changed by contacting customer support and following their instructions for upgrading or downgrading.

oasis prime 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 Oasis Prime website and select the demo account option. Follow the registration steps similar to opening a live account.

Demo Account Limitations

• The demo account may have a limited duration, typically expiring after 30-90 days.

Virtual Balance Amount

• Demo accounts usually come with a virtual balance of $100,000 or similar, allowing ample practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds and do not reflect real market conditions, while live accounts involve actual money and trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after a set period, often between 30 to 90 days, unless extended by the broker.

oasis prime Islamic Account Details

Swap-Free/Islamic Account Availability

• Oasis Prime offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Traders must declare their need for an Islamic account and provide relevant documentation if required.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Apply for an Islamic account during the registration process by selecting the option for a swap-free account.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions or limitations on certain instruments.

FAQs – oasis prime Account Types & Opening

1. What account types does oasis prime offer？

• Oasis Prime 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 oasis prime account verification take？

• Verification typically takes 1-3 business days.

1. Does oasis prime offer demo accounts？

• Yes, Oasis Prime offers demo accounts for practice trading.

1. Can I have multiple account types with oasis prime？

• Yes, traders can open multiple account types.

1. Does oasis prime offer Islamic/swap-free accounts？

• Yes, Oasis Prime provides Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.