OSTOUL broker Accounts

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

ostoul Account Types Explained

Ostoul offers a variety of account types tailored to meet the needs of different traders. Heres a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: EGP 5,000
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features: Basic trading tools, access to educational resources
• Target User Profile: Beginners
• Trading Instruments Available: Forex, stocks, commodities

2. ECN Account

• Minimum Deposit Requirement: EGP 10,000
• Spread/Commission Structure: Low spreads starting from 0.1 pips, commission of EGP 10 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: EGP 50,000
• Spread/Commission Structure: Spreads from 0.5 pips, commission of EGP 5 per lot
• Leverage Options: Up to 1:500
• Key Features: Advanced trading tools, dedicated account manager
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, stocks, commodities, futures

4. Islamic Account

• Minimum Deposit Requirement: EGP 5,000
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:100
• Key Features: Swap-free trading
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, stocks, commodities

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: Practice trading without risk, access to all trading tools
• Target User Profile: Beginners and experienced traders wanting to test strategies
• Trading Instruments Available: Forex, stocks, commodities

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed ostoul Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• Suitable for beginners
• Access to educational resources
• ECN Account:
• Low spreads
• Fast execution
• Direct market access
• Pro Account:
• High leverage
• Advanced trading tools
• Personalized support
• Islamic Account:
• Compliant with Islamic finance principles
• No swap fees
• Demo Account:
• Risk-free trading
• Practice with virtual funds
• Access to all trading tools

Disadvantages of Each Account Type

• Standard Account:
• Limited advanced features
• Higher spreads compared to ECN
• ECN Account:
• Higher minimum deposit
• Commission fees apply
• Pro Account:
• Very high minimum deposit
• More suited for experienced traders
• Islamic Account:
• Limited to specific trading instruments
• Demo Account:
• No real money involved
• Limited duration for practice

ostoul Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available to residents of Egypt and select countries
• Prohibited Countries: Countries under international sanctions
• Identity Verification Documents Needed:
• National ID or passport
• Recent utility bill or bank statement for proof of residence
• Proof of Residence Requirements: Utility bill or bank statement dated within the last three months
• Additional Documentation for Professional Accounts: Business registration documents, financial statements

KYC/AML Compliance Procedures

• All clients must undergo a Know Your Customer (KYC) process to verify identity and address.
• Anti-Money Laundering (AML) regulations require monitoring of transactions.

Verification Time Frames

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

Step-by-Step ostoul Account Opening Guide

Step-by-Step Registration Process

1. Visit Website: Go to the Ostoul official website.
2. Click Registration: Find and click on the registration button.
3. Personal Information Entry: Fill in your personal details including name, email, and phone number.
4. Choose Account Type: Select the account type that suits your trading needs.
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload the required identification and proof of residence documents.
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 mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and within size limits.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Clients can request an upgrade or downgrade by contacting customer support and providing necessary documentation.

ostoul Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading tools, virtual funds for practice, and no risk involved.
• Benefits: Ideal for beginners to practice trading strategies without financial risk.

How to Open a Demo Account

• Visit the Ostoul website, navigate to the demo account section, and fill out the registration form.

Demo Account Limitations

• Limited duration (typically 30 days) and may not include all features available in live accounts.

Virtual Balance Amount

• The demo account usually comes with a virtual balance of EGP 100,000 for practice.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

ostoul Islamic Account Details

Swap-Free/Islamic Account Availability

• Ostoul offers an Islamic account that is compliant with Sharia law.

Eligibility Requirements

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

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have limitations on certain trading instruments.

FAQs – ostoul Account Types & Opening

1. What account types does ostoul offer？

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

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

• Standard: EGP 5,000; ECN: EGP 10,000; Pro: EGP 50,000; Islamic: EGP 5,000; Demo: N/A.

1. How long does ostoul account verification take？

• Verification typically takes 1-3 business days.

1. Does ostoul offer demo accounts？

• Yes, ostoul offers demo accounts for practice trading.

1. Can I have multiple account types with ostoul？

• Yes, clients can have multiple account types.

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

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

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

• A national ID or passport and proof of residence such as a utility bill.

1. Can I change my account type after registration？

• Yes, clients can request to upgrade or downgrade their account type.