PATRIOT CAPITAL broker Accounts

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

patriot capital Account Types Explained

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

1. Standard Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:100
• Key Features:
• Access to a wide range of trading instruments
• Basic trading tools and resources
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, and indices

2. ECN Account

• Minimum Deposit Requirement: $5,000
• Spread/Commission Structure: Low spreads from 0.1 pips with a commission of $5 per lot
• 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 indices

3. Pro Account

• Minimum Deposit Requirement: $10,000
• Spread/Commission Structure: Tight spreads starting from 0.5 pips with a commission of $3 per lot
• 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: $1,000
• Spread/Commission Structure: Similar to Standard Account but swap-free
• Leverage Options: Up to 1:100
• Key Features:
• Compliant with Sharia law
• No swap fees
• 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:
• Practice trading without risk
• Access to all trading instruments
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, and indices

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 patriot capital Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $1,000

• ECN: $5,000

• Pro: $10,000

• Islamic: $1,000

• Demo: N/A

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:100

• Demo: N/A

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: N/A

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: N/A

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Demo: 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 funds to practice trading

• Access to all trading instruments

• No time limit on practice

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Suitable for beginners

• Access to a variety of instruments

• ECN Account:

• Low spreads and fast execution

• Ideal for scalping strategies

• Direct market access

• Pro Account:

• Tight spreads and low commissions

• Advanced trading tools and support

• Suitable for professional trading

• Islamic Account:

• Compliant with Islamic finance principles

• No swap fees

• Available for all trading instruments

• Demo Account:

• Risk-free environment for practice

• Helps in strategy testing

• No financial commitment required

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may add up

• Pro Account:

• High minimum deposit requirement

• More suited for experienced traders

• Islamic Account:

• Limited availability of certain trading features

• May have restrictions on certain instruments

• Demo Account:

• No real money involved

• May not reflect real market conditions

patriot capital Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries, but specific restrictions may apply based on local regulations.
• Prohibited Countries: Not specified in the sources.

Identity Verification Documents Needed

• Government-issued ID (passport, drivers license)
• Proof of residence (utility bill, bank statement)

Additional Documentation for Professional Accounts

• Business registration documents (if applicable)
• Financial statements

KYC/AML Compliance Procedures

• Completion of Know Your Customer (KYC) forms
• Anti-Money Laundering (AML) checks

Verification Time Frames

• Account verification typically takes 1-3 business days.

Step-by-Step patriot capital Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Navigate to the Patriot Capital website and click on the "Register" button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the available options.
4. Set Trading Preferences: Specify 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: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile users may experience a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request changes through their account management portal or by contacting customer support.

patriot capital Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment for practice.
• Access to all trading instruments available in live accounts.
• Ideal for testing strategies without financial risk.

How to Open a Demo Account

• Registration for a demo account can be done through the Patriot Capital website by selecting the demo option during the account setup process.

Demo Account Limitations

• Limited to virtual funds with no real monetary value.
• May not reflect real-time market conditions.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $100,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Live accounts may incur trading fees and commissions.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, but this may vary based on the broker's policies.

patriot capital Islamic Account Details

Swap-Free/Islamic Account Availability

• Patriot Capital offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a practicing Muslim to qualify for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account

• Apply through the standard registration process and select the Islamic account option.

Restrictions or Special Conditions

• Islamic accounts may have limitations on certain trading instruments.

FAQs – patriot capital Account Types & Opening

1. What account types does patriot capital offer？

• Patriot Capital offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $1,000, ECN: $5,000, Pro: $10,000, Islamic: $1,000, Demo: N/A.

1. How long does patriot capital account verification take？

• Verification typically takes 1-3 business days.

1. Does patriot capital offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with patriot capital？

• Yes, users can hold multiple account types.

1. Does patriot capital offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

1. What documents do I need to open a patriot capital 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 upgraded or downgraded upon request.