Search

Rating Index

Pros

Free demat and trading account opening with no annual maintenance charges.
Competitive brokerage fees, especially for equity intraday and commodity trading.
Wide range of trading services and user-friendly platforms, including mobile and desktop applications.

Cons

Relatively low exposure or leverage ratios compared to other brokers.
Lack of comprehensive research and advisory services, including company reports and annual reviews.
Limited customer support options, with no 24/7 assistance or chat support available.

PCS broker Accounts

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

Part 1: pcs Account Types Overview

pcs Account Types Explained

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

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Variable spreads from 1.0 pips Up to 1:500 User-friendly interface, access to all trading instruments Beginners Forex, commodities, indices
ECN $500 Low spreads starting from 0.1 pips + commission Up to 1:200 Direct market access, lower spreads, faster execution Advanced traders Forex, commodities, indices
Pro $1,000 Fixed spreads from 1.5 pips Up to 1:100 Tailored for professional traders, advanced tools Institutional traders Forex, commodities, indices
Islamic $100 Similar to Standard, swap-free Up to 1:500 Compliant with Sharia law, no swap fees Muslim traders Forex, commodities, indices
Demo N/A N/A N/A Practice trading without risk, access to all features All levels Forex, commodities, indices

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

Part 2: pcs Account Features Comparison

Detailed pcs Account Features

The following table compares the features across different pcs account types:

Feature Standard ECN Pro Islamic Demo
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage 1:500 1:200 1:100 1:500 N/A
Typical Spread 1.0 pips 0.1 pips 1.5 pips Similar to Standard N/A
Commission Fees None Yes None None N/A
Lot Size Micro Mini Standard Micro N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features N/A N/A N/A N/A Virtual balance, full features

Advantages of Each Account Type

  • Standard Account:
  • Low minimum deposit
  • Suitable for beginners
  • Access to various trading instruments
  • ECN Account:
  • Tight spreads and low commissions
  • Direct market access
  • Fast execution speeds
  • Pro Account:
  • Fixed spreads for better predictability
  • Advanced trading tools
  • Designed for professional traders
  • Islamic Account:
  • Compliant with Sharia law
  • No swap fees
  • Available for Muslim traders
  • Demo Account:
  • Risk-free trading environment
  • Full access to trading features
  • Ideal for practice and learning

Disadvantages of Each Account Type

  • Standard Account:
  • Higher spreads compared to ECN
  • Limited advanced features
  • ECN Account:
  • Higher minimum deposit
  • Commission fees can add up
  • Pro Account:
  • High minimum deposit requirement
  • Not suitable for casual traders
  • Islamic Account:
  • Limited to Muslim traders
  • Similar features to Standard, but no swap options
  • Demo Account:
  • Virtual balance only, no real profits
  • Limited duration for practice

Part 3: pcs Account Opening Requirements

pcs Account Registration Requirements

To open a pcs account, the following eligibility criteria and documentation are required:

  • Eligibility Criteria:

  • Minimum age of 18 years

  • Geographic restrictions may apply (specific countries may be prohibited)

  • Identity verification documents are needed (e.g., government-issued ID)

  • Proof of residence (e.g., utility bill, bank statement)

  • Additional documentation for professional accounts may include financial statements or proof of trading experience

  • KYC/AML Compliance Procedures:

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

  • This includes verifying identity and residence to prevent fraud.

  • Verification Time Frames:

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

Part 4: pcs Account Opening Process

Step-by-Step pcs Account Opening Guide

To open a pcs account, follow these steps:

  1. Visit Website and Click Registration: Go to the pcs official 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 account type that best suits 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 be completed by pcs.
  7. Fund Your Account: Once verified, deposit the minimum required amount to fund your account.
  8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but the mobile interface may offer a more streamlined experience.

Common Registration Issues and Solutions

  • Issue: Document upload failures.
  • Solution: Ensure documents are clear and in the required format.
  • Issue: Delays in verification.
  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • The average time for account approval is 1-3 business days, depending on documentation.

How to Upgrade/Downgrade Account Types

  • Users can request to upgrade or downgrade their account type through the customer support portal or directly within their account settings.

Part 5: pcs Demo Account Information

pcs Demo Account Guide

  • Demo Account Features and Benefits:

  • Allows users to practice trading without financial risk.

  • Access to all trading features available in live accounts.

  • Ideal for beginners to learn trading strategies.

  • How to Open a Demo Account:

  • Visit the pcs website and select the demo account option.

  • Fill out the registration form and submit.

  • Demo Account Limitations:

  • Virtual balance only; no real profits can be made.

  • Limited duration for practice (typically 30-90 days).

  • Virtual Balance Amount:

  • Usually set at a predefined amount (e.g., $10,000 virtual funds).

  • Demo vs Live Account Differences:

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

  • Live accounts may incur trading fees and commissions.

  • Duration/Expiry of Demo Accounts:

  • Demo accounts typically expire after a set period, but users may be able to renew or extend access.

Part 6: pcs Islamic Account (if available)

pcs Islamic Account Details

  • Swap-Free/Islamic Account Availability:

  • pcs offers Islamic accounts that comply with Sharia law, allowing Muslim traders to engage in trading without incurring swap fees.

  • Eligibility Requirements:

  • Must be a Muslim trader seeking a swap-free trading environment.

  • Differences from Standard Accounts:

  • Islamic accounts do not incur swap fees, unlike standard accounts.

  • How to Apply for Islamic Account:

  • Select the Islamic account option during the registration process and provide necessary documentation.

  • Restrictions or Special Conditions:

  • Islamic accounts may have specific trading conditions, such as limitations on certain trading strategies.

FAQs – pcs Account Types & Opening

  1. What account types does pcs offer?
  • pcs 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: N/A.
  1. How long does pcs account verification take?
  • Account verification typically takes 1-3 business days.
  1. Does pcs offer demo accounts?
  • Yes, pcs offers demo accounts for practice trading.
  1. Can I have multiple account types with pcs?
  • Yes, users can open multiple account types.
  1. Does pcs offer Islamic/swap-free accounts?
  • Yes, pcs offers Islamic accounts compliant with Sharia law.
  1. What documents do I need to open a pcs account?
  • Identity verification documents and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, users can request to upgrade or downgrade their account type.

PCS accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
PCS Account