PEARL broker Accounts

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

Part 1: pearl Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads from 0.0 pips, commission applies
• 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, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads from 0.1 pips, commission applies
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, dedicated account manager
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: No swap fees, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

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: Detailed pearl Account Features

Features Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.1 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: No

• ECN: Yes

• Pro: Yes

• Islamic: No

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, 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: Yes

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: N/A

• Demo Account Features:

• Virtual balance amount: $100,000

• Duration/expiry: 30 days (renewable)

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly interface
• No commission fees
• Wide range of trading instruments
• Disadvantages:
• Higher spreads compared to ECN and Pro accounts
• Limited features for advanced traders

ECN Account

• Advantages:
• Tight spreads
• Direct market access
• Suitable for scalping
• Fast execution speeds
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Very tight spreads
• Advanced trading tools
• Dedicated account manager
• Suitable for high-volume trading
• Disadvantages:
• High minimum deposit
• Commission fees apply

Islamic Account

• Advantages:
• No swap fees
• Compliant with Sharia law
• Similar features to Standard Account
• Disadvantages:
• Limited to Muslim traders

Demo Account

• Advantages:
• Risk-free trading
• Access to all trading instruments
• Ideal for practice and strategy testing
• Disadvantages:
• Limited duration
• No real profits

Part 3: pearl Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries, but specific restrictions may apply
• Prohibited Countries: Countries under international sanctions may be prohibited
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of residence (utility bill or bank statement)
• Additional Documentation for Professional Accounts: Business registration documents, financial statements

KYC/AML Compliance Procedures

• All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and prevent fraud.

Verification Time Frames

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

Part 4: Step-by-Step pearl Account Opening Guide

Registration Process

1. Visit the Website: Go to the official pearl trading platform.
2. Click Registration: Locate and click on the "Open an Account" button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
5. Set Trading Preferences: Specify trading preferences and leverage options.
6. Document Upload: Upload required identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with slight variations in layout and navigation.

Common Registration Issues and Solutions

• Issue: Document upload errors
• Solution: Ensure documents are clear and meet size requirements.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request to change their account type through customer support or the account management section on the trading platform.

Part 5: pearl Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice trading strategies without risking real money.
• Access to all trading instruments available in live accounts.
• Provides a virtual balance for trading simulations.

How to Open a Demo Account

• Follow the same registration process but select "Demo Account" as the account type.

Demo Account Limitations

• Limited duration (typically 30 days).
• No real profits can be withdrawn.

Virtual Balance Amount

• Standard virtual balance amount is $100,000 for practice trading.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Demo accounts do not incur any trading fees or commissions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days but can be renewed upon request.

Part 6: pearl Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who require a swap-free trading environment.

Eligibility Requirements

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

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

• Select "Islamic Account" during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts must comply with Sharia law and may have specific trading conditions.

FAQs – pearl Account Types & Opening

1. What account types does pearl offer？

• Pearl 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 pearl account verification take？

• Verification typically takes 1-3 business days.

1. Does pearl offer demo accounts？

• Yes, pearl offers demo accounts for practice trading.

1. Can I have multiple account types with pearl？

• Yes, users can open multiple account types.

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

• Yes, pearl offers Islamic accounts that are compliant with Sharia law.

1. What documents do I need to open a pearl 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 changed upon request through customer support.