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Rating Index

Pros

Low minimum deposit requirement, making it accessible for beginner traders.
Wide range of assets available, including stocks, ETFs, cryptocurrencies, and precious metals.
User-friendly mobile app with 24/7 technical support.

Cons

Lack of a desktop or web platform, limiting trading options to mobile devices only.
Limited selection of supported cryptocurrencies compared to larger exchanges.
Fees may apply for withdrawals after the first free transaction, which could be inconvenient for users.

Pluang broker Accounts

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

Part 1: pluang Account Types Explained

Available Account Types

  1. Standard Account
  • Minimum Deposit Requirement: Varies, generally low.
  • Spread/Commission Structure: Variable spreads.
  • Leverage Options: Up to 1:100.
  • Key Features: Access to a wide range of trading instruments.
  • Target User Profile: Beginners and casual traders.
  • Trading Instruments Available: Stocks, cryptocurrencies, mutual funds, and gold.
  1. Pro Account
  • Minimum Deposit Requirement: Higher than Standard.
  • Spread/Commission Structure: Tight spreads, lower commissions.
  • Leverage Options: Up to 1:200.
  • Key Features: Advanced trading tools and features.
  • Target User Profile: Experienced traders and professionals.
  • Trading Instruments Available: Stocks, options, and futures.
  1. Islamic Account
  • Minimum Deposit Requirement: Similar to Standard.
  • Spread/Commission Structure: Variable spreads without swap fees.
  • Leverage Options: Up to 1:100.
  • Key Features: Complies with Sharia law.
  • Target User Profile: Muslim traders seeking compliant trading options.
  • Trading Instruments Available: All instruments available in Standard accounts.
  1. Demo Account
  • Minimum Deposit Requirement: Virtual funds provided.
  • Spread/Commission Structure: Simulates live market conditions.
  • Leverage Options: Similar to live accounts.
  • Key Features: Practice trading without risk.
  • Target User Profile: Beginners and traders testing strategies.
  • Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Account Type Minimum Deposit Maximum Leverage Spread Type Key Features Target User Profile
Standard Low Up to 1:100 Variable Wide range of instruments Beginners
Pro Higher Up to 1:200 Tight Advanced tools Experienced traders
Islamic Similar to Standard Up to 1:100 Variable Swap-free trading Muslim traders
Demo Virtual funds Similar to live Simulated Risk-free practice Beginners and testers

  • Beginners: Standard Account
  • Intermediate Traders: Pro Account
  • Muslim Traders: Islamic Account
  • Testers/Practitioners: Demo Account

Part 2: pluang Account Features Comparison

Detailed pluang Account Features

  • Minimum Deposit:

  • Standard: Low

  • Pro: Higher than Standard

  • Islamic: Similar to Standard

  • Demo: Virtual funds

  • Maximum Leverage:

  • Standard: Up to 1:100

  • Pro: Up to 1:200

  • Islamic: Up to 1:100

  • Demo: Similar to live accounts

  • Spreads (Typical/Minimum):

  • Standard: Variable spreads

  • Pro: Tight spreads

  • Islamic: Variable spreads

  • Demo: Simulated spreads

  • Commission Fees:

  • Standard: Variable

  • Pro: Lower commissions

  • Islamic: None (swap-free)

  • Demo: None

  • Lot Size:

  • Standard: Micro/mini/standard

  • Pro: Standard

  • Islamic: Micro/mini/standard

  • Demo: Micro/mini/standard

  • Available Trading Platforms:

  • Standard: Proprietary platform

  • Pro: Proprietary platform

  • Islamic: Proprietary platform

  • Demo: Proprietary platform

  • Execution Type:

  • Standard: Market

  • Pro: Market

  • Islamic: Market

  • Demo: Market

  • Islamic Account Availability: Yes, for Muslim traders.

  • Swap-Free Options: Available for Islamic accounts.

  • Demo Account Features: Provides a risk-free environment to practice trading.

Advantages of Each Account Type

  • Standard Account:

  • Low minimum deposit.

  • Access to various instruments.

  • User-friendly interface.

  • Pro Account:

  • Lower trading costs.

  • Advanced trading tools.

  • Higher leverage options.

  • Islamic Account:

  • Complies with Sharia law.

  • No swap fees.

  • Access to all trading instruments.

  • Demo Account:

  • Risk-free trading experience.

  • Ideal for strategy testing.

  • Provides a realistic trading environment.

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to Pro.

  • Limited advanced features.

  • Pro Account:

  • Higher minimum deposit.

  • More complex for beginners.

  • Islamic Account:

  • Limited to Muslim traders.

  • May have fewer promotional offers.

  • Demo Account:

  • No real profits.

  • Limited duration for practice.

Part 3: pluang Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Primarily available in Indonesia; check local regulations.
  • Prohibited Countries: Specific countries may be restricted based on local laws.

Identity Verification Documents Needed

  • Identity Verification: Government-issued ID (passport, national ID).
  • Proof of Residence: Utility bill, bank statement, or lease agreement.

Additional Documentation for Professional Accounts

  • Financial statements or proof of income may be required.

KYC/AML Compliance Procedures

  • All users must complete Know Your Customer (KYC) verification to comply with Anti-Money Laundering (AML) regulations.

Verification Time Frames

  • Typically, account verification can take a few hours to a couple of days, depending on the completeness of submitted documents.

Part 4: pluang Account Opening Process

Step-by-Step pluang Account Opening Guide

  1. Visit Website and Click Registration: Go to the official Pluang website.
  2. Personal Information Entry: Fill in your full name, email, and password.
  3. Choose Account Type: Select your preferred account type (Standard, Pro, Islamic, or Demo).
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload required identity verification and proof of residence documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit funds into your account to start trading.
  8. Start Trading: Access the trading platform and begin your trading journey.

Desktop vs Mobile Registration Differences

  • Registration processes are similar on both platforms, but the mobile app may offer a more streamlined experience.

Common Registration Issues and Solutions

  • Issue: Document upload failure.

  • Solution: Ensure documents are clear and in the correct format.

  • Issue: Email verification not received.

  • Solution: Check spam/junk folders or request a new verification email.

Average Account Approval Time

  • Typically ranges from a few hours to 48 hours, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

  • Log into your account, navigate to account settings, and follow prompts to change account types as needed.

Part 5: pluang Demo Account Information

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading.
  • Access to all trading instruments available in live accounts.
  • Ideal for beginners to learn and experienced traders to test strategies.

How to Open a Demo Account

  • Select the demo account option during the registration process or within the account settings after logging in.

Demo Account Limitations

  • Limited duration for use, typically 30 days.
  • No real profits can be earned.

Virtual Balance Amount

  • Users are typically provided with a virtual balance that simulates real trading conditions.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts involve real money and potential profits/losses.

Duration/Expiry of Demo Accounts

  • Demo accounts usually expire after 30 days but may be extended based on platform policies.

Part 6: pluang Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

  • Must be a Muslim trader seeking a compliant trading option.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees, making them suitable for long-term holding.

How to Apply for Islamic Account

  • Select the Islamic account option during the registration process or request it through customer service.

Restrictions or Special Conditions

  • Islamic accounts may have specific trading conditions, such as limits on certain instruments.

FAQs – pluang Account Types & Opening

  1. What account types does pluang offer?
  • Pluang offers Standard, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • The minimum deposit varies; Standard accounts have a low deposit requirement, while Pro accounts require a higher deposit.
  1. How long does pluang account verification take?
  • Verification typically takes a few hours to a couple of days.
  1. Does pluang offer demo accounts?
  • Yes, Pluang provides demo accounts for practice trading.
  1. Can I have multiple account types with pluang?
  • Yes, users can have multiple account types.
  1. Does pluang offer Islamic/swap-free accounts?
  • Yes, Pluang offers Islamic accounts that comply with Sharia law.
  1. What documents do I need to open a pluang account?
  • You need a government-issued ID and proof of residence.
  1. Can I change my account type after registration?
  • Yes, you can upgrade or downgrade your account type through your account settings.

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