Patron capital broker Accounts

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

patron capital Account Types Explained

Patron Capital offers a variety of account types tailored to different trading needs and profiles. Below is a detailed overview of each account type available for traders.

1. Standard Account

• Minimum Deposit Requirement: €500
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:30 for retail clients.
• Key Features: Basic trading tools, access to all major currency pairs, and educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

2. ECN Account

• Minimum Deposit Requirement: €1,000
• Spread/Commission Structure: Spreads from 0.1 pips plus a commission of €5 per lot.
• Leverage Options: Up to 1:100 for professional clients.
• Key Features: Direct market access, faster execution speeds, and lower spreads.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: €5,000
• Spread/Commission Structure: Spreads from 0.0 pips with a commission of €3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Advanced trading tools, priority customer support, and tailored trading solutions.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

4. Islamic Account

• Minimum Deposit Requirement: €1,000
• Spread/Commission Structure: Similar to Standard or ECN accounts without swap fees.
• Leverage Options: Up to 1:30 for retail clients.
• Key Features: Complies with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds provided).
• Spread/Commission Structure: Same as Standard account.
• Leverage Options: Same as Standard account.
• Key Features: Practice trading without risk, access to all trading tools and platforms.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Forex, commodities, and indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Advanced Traders: ECN Account
• Professional Traders: Pro Account
• Muslim Traders: Islamic Account

Detailed patron capital Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: €500

• ECN: €1,000

• Pro: €5,000

• Islamic: €1,000

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:30

• ECN: Up to 1:100

• Pro: Up to 1:200

• Islamic: Up to 1:30

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.0 pips

• Islamic: Same as Standard

• Commission Fees:

• Standard: None

• ECN: €5 per lot

• Pro: €3 per lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: ECN

• Islamic: Market

• Islamic Account Availability:

• Yes for Islamic Account

• No for others

• Swap-Free Options:

• Yes for Islamic Account

• No for others

• Demo Account Features:

• Virtual funds, access to all tools, practice trading.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Tight spreads.

• Fast execution.

• Ideal for scalping.

• Pro Account:

• Lowest spreads.

• Tailored support.

• Advanced trading tools.

• Islamic Account:

• Complies with Sharia law.

• No overnight interest.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Practice strategies.

• Access to full features.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN and Pro accounts.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• High minimum deposit.

• Commission fees apply.

• Islamic Account:

• Limited to certain instruments.

• Higher spreads compared to Standard.

• Demo Account:

• Limited to virtual funds.

• No real market exposure.

patron capital Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or restrictions may be prohibited.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, national ID).
• Proof of Residence: Utility bill, bank statement, or government document with your name and address.

Additional Documentation for Professional Accounts

• Financial statements or proof of trading experience may be required for professional accounts.

KYC/AML Compliance Procedures

• Patron Capital adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

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

Step-by-Step patron capital Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the Patron Capital website and select the account type you wish to open.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your preferred trading settings and leverage options.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification team to review your documents.
7. Fund Your Account: Once verified, deposit funds into your account to start trading.
8. Start Trading: Access the trading platform and begin your trading activities.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document not accepted.

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

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Account type changes can be requested through customer support, and may require additional documentation or deposits.

patron capital Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading tools and platforms.
• Ideal for beginners to familiarize themselves with the trading process.

How to Open a Demo Account

• Select the demo account option during the registration process and follow the prompts to set it up.

Demo Account Limitations

• Limited to virtual funds; cannot be used for real trading.
• May have a time limit on usage.

Virtual Balance Amount

• Typically offers a virtual balance of €10,000 or equivalent in other currencies.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts involve real money trading.
• Execution speeds may differ due to market conditions.

Duration/Expiry of Demo Accounts

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

patron capital Islamic Account Details

Swap-Free/Islamic Account Availability

• Patron Capital offers an Islamic account that is compliant with Sharia law, allowing trading without incurring interest.

Eligibility Requirements

• Must meet the same age and identification requirements as other account types.

Differences from Standard Accounts

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

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; check with Patron Capital for details.

FAQs – patron capital Account Types & Opening

1. What account types does patron capital offer？

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

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

• Standard: €500, ECN: €1,000, Pro: €5,000, Islamic: €1,000, Demo: N/A.

1. How long does patron capital account verification take？

• Verification typically takes 1-3 business days.

1. Does patron capital offer demo accounts？

• Yes, Patron Capital offers demo accounts for practice trading.

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

• Yes, you can open multiple account types, subject to the broker's policies.

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

• Yes, Patron Capital offers Islamic accounts that comply with Sharia law.

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

• You need a government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.