POINT TRADER GROUP broker Accounts

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

Part 1: point Account Types Overview

point Account Types Explained

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• 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: Raw spreads with a commission fee of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 0.5 pips
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to standard accounts but swap-free
• Leverage Options: Up to 1:500
• Key Features: Complies with Sharia law, no interest fees
• 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 live accounts
• Leverage Options: Same as live accounts
• Key Features: Practice trading without risk, access to all trading tools
• 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, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Part 2: point Account Features Comparison

Detailed point Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: N/A

• Spreads:

• Standard: Variable from 1.0 pips

• ECN: Raw spreads

• Pro: Fixed from 0.5 pips

• Islamic: Variable similar to Standard

• Demo: Same as live accounts

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: None

• Islamic: None

• 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, proprietary

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account

• Swap-Free Options: Yes for Islamic Account

• Demo Account Features: Full access to trading tools, virtual funds for practice

Advantages of Each Account Type

• Standard Account:

• Easy to use interface

• Low minimum deposit

• No commission fees

• Access to educational resources

• ECN Account:

• Lower spreads

• Direct market access

• Suitable for scalping

• Advanced trading tools

• Pro Account:

• Fixed spreads for better predictability

• Priority support

• Advanced trading features

• Suitable for high-volume trading

• Islamic Account:

• Complies with Sharia law

• No interest fees

• Flexible trading options

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Access to all trading tools

• Ideal for strategy testing

• No financial commitment

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Higher minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited availability of certain instruments

• May have specific eligibility requirements

• Demo Account:

• Limited duration

• No real money involved

Part 3: point Account Opening Requirements

point Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old

• Geographic Restrictions: Available in most countries, but may be restricted in certain regions

• Prohibited Countries: Specific countries may be restricted based on regulatory compliance

• Identity Verification Documents Needed:

• Government-issued ID (Passport, Drivers License)

• Proof of residence (Utility bill, bank statement)

• Additional Documentation for Professional Accounts:

• Proof of income or trading experience may be required

• KYC/AML Compliance Procedures:

• All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations

• Verification Time Frames:

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

Part 4: point Account Opening Process

Step-by-Step point Account Opening Guide

1. Visit Website and Click Registration: Navigate to the official point website and select the registration option.
2. Personal Information Entry: Fill out personal details such as name, email, and contact information.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can begin trading.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but mobile may have additional app-specific features.
• Common Registration Issues and Solutions: Issues may include document rejection due to poor quality; ensure all documents are clear and legible.
• Average Account Approval Time: Generally, accounts are approved within 1-3 business days.
• How to Upgrade/Downgrade Account Types: Contact customer support for assistance with changing account types.

Part 5: point Demo Account Information

point Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading tools and features

• Practice trading strategies without financial risk

• Virtual funds available for trading

• How to Open a Demo Account:

• Visit the point website and select the demo account option, then follow the registration steps.

• Demo Account Limitations:

• Limited duration (typically 30-90 days)

• Virtual funds may not reflect real market conditions

• Virtual Balance Amount: Usually starts with a virtual balance of $10,000.

• Demo vs Live Account Differences:

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

• Trading conditions may differ slightly due to market volatility.

• Duration/Expiry of Demo Accounts: Demo accounts typically expire after 30-90 days of inactivity.

Part 6: point Islamic Account (if available)

point Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, Islamic accounts are available for traders who require compliance with Sharia law.
• Eligibility Requirements: Must provide documentation to verify eligibility for an Islamic account.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees and may have specific trading conditions.
• How to Apply for Islamic Account: Select the Islamic account option during the registration process or contact customer support for assistance.
• Restrictions or Special Conditions: May have limitations on certain trading instruments or strategies.

FAQs – point Account Types & Opening

1. What account types does point offer？

• point 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 point account verification take？

• Account verification typically takes 1-3 business days.

1. Does point offer demo accounts？

• Yes, point offers demo accounts for practice trading.

1. Can I have multiple account types with point？

• Yes, traders can hold multiple account types.

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

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

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.