PARAGON INVESTMENTS broker Accounts

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

Part 1: paragon investments Account Types Overview

paragon investments Account Types Explained

Paragon Investments offers a variety of account types designed to cater to different trading needs and preferences. Below is a detailed overview of the available account types:

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• All Levels: Demo Account for practice

Part 2: paragon investments Account Features Comparison

Detailed paragon investments Account Features

The following table compares the features across different account types:

Advantages of Each Account Type

• Standard Account:

• Easy to open and manage.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Low spreads and direct market access.

• Ideal for high-frequency traders.

• Faster execution speeds.

• Pro Account:

• Fixed spreads provide predictability.

• Advanced trading tools available.

• Suitable for professional traders.

• Islamic Account:

• Complies with Sharia law.

• No swap fees.

• Available for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Ideal for practice and strategy testing.

• Access to real market conditions.

Disadvantages of Each Account Type

• Standard Account:

• Limited advanced features.

• Higher spreads compared to ECN accounts.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees may apply.

• Pro Account:

• Higher minimum deposit requirement.

• Fixed spreads may not be competitive in volatile markets.

• Islamic Account:

• Limited to specific trading instruments.

• May have fewer features than other accounts.

• Demo Account:

• No real money involved.

• Limited duration for practice.

Part 3: paragon investments Account Opening Requirements

paragon investments Account Registration Requirements

To open an account with Paragon Investments, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Certain countries may be restricted based on regulatory compliance.
• 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: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

Paragon Investments adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Clients must provide necessary documentation for verification.

Verification Time Frames

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

Part 4: paragon investments Account Opening Process

Step-by-Step paragon investments Account Opening Guide

1. Visit Website and Click Registration: Go to the Paragon Investments website and click on the registration link.
2. Personal Information Entry: Fill in your personal details including 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 and proof of residence 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 begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a more streamlined design for ease of use.

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

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

How to Upgrade/Downgrade Account Types

Clients can request to upgrade or downgrade their account type by contacting customer support or through their account management portal.

Part 5: paragon investments Demo Account Information

paragon investments Demo Account Guide

The demo account offered by Paragon Investments allows traders to practice without financial risk.

• Demo Account Features and Benefits:

• Access to real market conditions.

• Virtual funds provided for trading.

• Ability to test strategies and trading platforms.

• How to Open a Demo Account:

• Visit the Paragon Investments website and select the demo account option.

• Fill in the required information and create your demo account.

• Demo Account Limitations:

• Limited duration (typically 30 days).

• No real money involved.

• Virtual Balance Amount:

• The demo account usually comes with a virtual balance of $100,000.

• Demo vs Live Account Differences:

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

• Live accounts may have additional features and tools.

• Duration/Expiry of Demo Accounts:

• Demo accounts typically expire after 30 days but may be extended upon request.

Part 6: paragon investments Islamic Account (if available)

paragon investments Islamic Account Details

Paragon Investments offers an Islamic account that complies with Sharia law.

• Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
• Eligibility Requirements: Must provide proof of Muslim faith.
• Differences from Standard Accounts: No swap fees are charged, and trading conditions are adjusted to comply with Islamic finance principles.
• How to Apply for Islamic Account: Select the Islamic account option during the registration process and provide necessary documentation.
• Restrictions or Special Conditions: Limited to specific trading instruments and may have fewer features compared to other accounts.

FAQs – paragon investments Account Types & Opening

1. What account types does paragon investments offer？

• Paragon Investments offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard Account: $1,000, ECN Account: $5,000, Pro Account: $10,000, Islamic Account: $1,000.

1. How long does paragon investments account verification take？

• Account verification typically takes 1-3 business days.

1. Does paragon investments offer demo accounts？

• Yes, Paragon Investments offers a demo account for practice trading.

1. Can I have multiple account types with paragon investments？

• Yes, clients can have multiple account types.

1. Does paragon investments offer Islamic/swap-free accounts？

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

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

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

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.