Plus Capital broker Accounts

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

plus capital Account Types Explained

Plus Capital offers a variety of account types tailored to different trading needs and preferences. Below is an overview of the available account types:

Recommended Account Types by Trader Level

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

Detailed plus capital Account Features

When comparing the features of different plus capital account types, the following aspects are essential:

• Minimum Deposit: Varies from $100 for Standard to $1,000 for Pro accounts.
• Maximum Leverage: Ranges from 1:100 for Pro accounts to 1:500 for Standard and Islamic accounts.
• Spreads:
• Standard: Variable from 1.5 pips
• ECN: Low from 0.1 pips + commission
• Pro: Fixed from 1.0 pips
• Islamic: Variable from 1.5 pips
• Commission Fees: Applicable for ECN accounts, while Standard and Islamic accounts have no commissions.
• Lot Size: Standard accounts offer micro and mini lots, while Pro accounts provide standard lots.
• Available Trading Platforms: MT4 and MT5 for all account types, with proprietary options for Pro accounts.
• Execution Type: Market execution for Standard and Islamic accounts; ECN accounts offer direct market access.
• Islamic Account Availability: Yes, for Muslim traders.
• Swap-Free Options: Available for Islamic accounts.
• Demo Account Features: Unlimited access with virtual funds for practice.

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• User-friendly for beginners
• Access to educational resources
• ECN Account:
• Lower trading costs
• Direct market access
• Tight spreads
• Pro Account:
• Advanced trading tools
• Dedicated support
• Fixed spreads for better predictability
• Islamic Account:
• Compliant with Sharia law
• No swap fees
• Demo Account:
• Risk-free trading environment
• Unlimited practice time
• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited advanced tools
• ECN Account:
• Higher minimum deposit
• Commission fees can add to costs
• Pro Account:
• Higher minimum deposit
• More complex for beginners
• Islamic Account:
• Limited availability of certain features
• Demo Account:
• No real profits can be made
• Limited duration for practice

plus capital Account Registration Requirements

To open a plus capital account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but may be restricted in certain jurisdictions.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of residence (utility bill or bank statement)
• Proof of Residence Requirements: Must provide a document showing the current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

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

Verification Time Frames

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

Step-by-Step plus capital Account Opening Guide

1. Visit Website and Click Registration: Go to the plus capital website and find the registration button.
2. Personal Information Entry: Fill out the required personal details, including name, email, and phone number.
3. Choose Account Type: Select the desired account type based on trading needs.
4. Set Trading Preferences: Indicate preferences for leverage, trading instruments, etc.
5. Document Upload: Upload the necessary identification and proof of residence documents.
6. Account Verification: Wait for the account to be verified by the plus capital team.
7. Fund Your Account: Deposit the minimum required amount to activate the account.
8. Start Trading: Once funded, access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile may have additional prompts for document uploads.

Common Registration Issues and Solutions

• Issue: Document not accepted.
• Solution: Ensure documents are clear and meet the specified requirements.
• Issue: Verification delays.
• 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 to their account type through customer support, subject to meeting the new account requirements.

plus capital Demo Account Guide

The plus capital demo account offers several features and benefits:

• Demo Account Features and Benefits:

• Access to all trading instruments

• Practice trading strategies without financial risk

• Unlimited virtual funds for trading

• How to Open a Demo Account:

• Visit the plus capital website and select the demo account option.

• Fill out the registration form and submit.

• Demo Account Limitations:

• No real profits can be made.

• Limited duration for practice (may vary).

• 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 involve real money.

• Market conditions may differ slightly due to liquidity.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually remain active for 30 days unless extended.

plus capital Islamic Account Details

The plus capital Islamic account is designed for traders who require a swap-free option:

• Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
• Eligibility Requirements: Must provide proof of Muslim faith.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees, adhering to Sharia law.
• How to Apply for Islamic Account: Indicate the need for an Islamic account during the registration process.
• Restrictions or Special Conditions: Must comply with Islamic finance principles.

FAQs – plus capital Account Types & Opening

1. What account types does plus capital offer？

• Plus capital 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: $500.

1. How long does plus capital account verification take？

• Verification typically takes 1-3 business days.

1. Does plus capital offer demo accounts？

• Yes, plus capital offers demo accounts for practice trading.

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

• Yes, traders can open multiple accounts as long as they meet the requirements.

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

• Yes, Islamic accounts are available for Muslim traders.

1. What documents do I need to open a plus 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 changed by contacting customer support.