PANTELAKIS broker Accounts

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

Part 1: pantelakis Account Types Overview

pantelakis Account Types Explained

PANTELAKIS offers several account types tailored to different trading needs and preferences. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: €100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
• Leverage Options: Up to 1:30 for retail clients.
• Key Features: Ideal for beginners; straightforward trading environment.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: €500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips, commission of €3 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Direct market access with lower spreads; suitable for scalpers.
• Target User Profile: Advanced traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: €1,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, commission of €2 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Enhanced trading conditions for professional traders.
• Target User Profile: Professional and institutional traders.
• Trading Instruments Available: Forex, stocks, ETFs.

4. Islamic Account

• Minimum Deposit Requirement: €100
• Spread/Commission Structure: Similar to Standard Account, but swap-free.
• Leverage Options: Up to 1:30.
• Key Features: Compliant with Sharia law; no overnight interest.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of €10,000.
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:30.
• Key Features: Risk-free trading environment to practice strategies.
• Target User Profile: All trader levels.
• Trading Instruments Available: Forex, commodities, indices.

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: Demo Account

Part 2: pantelakis Account Features Comparison

Detailed pantelakis Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: €100

• ECN: €500

• Pro: €1,000

• Islamic: €100

• Demo: €0

• Maximum Leverage:

• Standard: 1:30

• ECN: 1:100

• Pro: 1:200

• Islamic: 1:30

• Demo: 1:30

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: From 1.0 pips

• Islamic: From 1.5 pips

• Demo: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: €3 per lot

• Pro: €2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro

• ECN: Mini

• Pro: Standard

• Islamic: Micro

• Demo: Micro

• Available Trading Platforms:

• All account types support MT4 and MT5.

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Offered in Islamic accounts.

• Demo Account Features:

• Virtual balance of €10,000, access to all trading instruments.

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• No commissions.

• Low minimum deposit.

• ECN Account:

• Tight spreads.

• Suitable for high-frequency trading.

• Direct market access.

• Pro Account:

• Better trading conditions for professionals.

• Lower commission fees.

• Higher leverage.

• Islamic Account:

• Compliant with Islamic finance principles.

• No overnight fees.

• Demo Account:

• Risk-free environment.

• Practice trading strategies.

• Unlimited duration for practice.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited features for advanced trading.

• ECN Account:

• Higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• Requires a higher initial investment.

• More complex trading environment.

• Islamic Account:

• Limited to specific trading conditions.

• Not available for all instruments.

• Demo Account:

• No real money trading experience.

• Limited to virtual funds.

Part 3: pantelakis Account Opening Requirements

pantelakis Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries; specific restrictions may apply.
• Prohibited Countries: Not specified in the available data.

Identity Verification Documents Needed

• Government-issued ID (passport or national ID).
• Proof of residence (utility bill or bank statement).

Additional Documentation for Professional Accounts

• Financial statements or proof of income may be required.

KYC/AML Compliance Procedures

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

Verification Time Frames

• Account verification typically takes 1-3 business days.

Part 4: pantelakis Account Opening Process

Step-by-Step pantelakis Account Opening Guide

1. Visit Website and Click Registration: Go to the official PANTELAKIS website.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to be completed.
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 the mobile interface may have a more streamlined design.

Common Registration Issues and Solutions

• Issue: Document upload failures.

• Solution: Ensure documents are clear and meet the required format.

• Issue: Delays in verification.

• 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

• Account upgrades or downgrades can be requested through the client portal or by contacting customer support.

Part 5: pantelakis Demo Account Information

pantelakis Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Register on the PANTELAKIS website and select the demo account option during the registration process.

Demo Account Limitations

• Limited to virtual funds; no real trading experience.

Virtual Balance Amount

• Typically, demo accounts are funded with a virtual balance of €10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts may have an unlimited duration, but this can vary based on the broker's policies.

Part 6: pantelakis Islamic Account Details

pantelakis Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, Islamic accounts are available.
• Eligibility Requirements: Must comply with Islamic finance principles.
• Differences from Standard Accounts: No overnight interest fees.
• How to Apply for Islamic Account: Select the Islamic account option during registration.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles.

FAQs – pantelakis Account Types & Opening

1. What account types does pantelakis offer？

• pantelakis 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: €0.

1. How long does pantelakis account verification take？

• Verification typically takes 1-3 business days.

1. Does pantelakis offer demo accounts？

• Yes, pantelakis offers demo accounts with a virtual balance.

1. Can I have multiple account types with pantelakis？

• Yes, clients can hold multiple account types.

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

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

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

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

1. Can I change my account type after registration？

• Yes, account type changes can be requested through the client portal or customer support.