PPS broker Accounts

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

Part 1: pps Account Types Overview

pps Account Types Explained

PPS offers various account types to cater to different trading needs and preferences. Below are the available account types:

1. PPS Custom

• Minimum Deposit Requirement: Varies based on client needs.
• Spread/Commission Structure: Customizable spreads based on selected securities.
• Leverage Options: Up to 1:100.
• Key Features: Allows users to design their own models using individual securities and funds, with day-to-day management delegated to in-house specialists.
• Target User Profile: Advanced traders who prefer hands-on management.
• Trading Instruments Available: Individual stocks, mutual funds, ETFs.

1. PPS Select

• Minimum Deposit Requirement: Typically $5,000.
• Spread/Commission Structure: Competitive spreads with a wrap fee structure.
• Leverage Options: Up to 1:100.
• Key Features: Portfolio management by seasoned investment strategists, with a variety of diversified models available.
• Target User Profile: Intermediate to advanced traders looking for managed solutions.
• Trading Instruments Available: Open-end mutual funds, closed-end funds, individual stocks, ETFs.

1. PPS Direct

• Minimum Deposit Requirement: $10,000.
• Spread/Commission Structure: Standard spreads with management fees.
• Leverage Options: Up to 1:100.
• Key Features: Access to institutional investment strategists for portfolio management.
• Target User Profile: Institutional clients or high-net-worth individuals.
• Trading Instruments Available: Mutual funds, ETFs, individual stocks, bonds.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: PPS Select
• Intermediate: PPS Custom
• Advanced: PPS Direct

Part 2: pps Account Features Comparison

Detailed pps Account Features

The following features are compared across different account types:

• Minimum Deposit:

• PPS Custom: Varies

• PPS Select: $5,000

• PPS Direct: $10,000

• Maximum Leverage:

• All account types: Up to 1:100

• Spreads:

• PPS Custom: Customizable

• PPS Select: Competitive

• PPS Direct: Standard

• Commission Fees:

• PPS Custom: Varies

• PPS Select: Wrap fee structure

• PPS Direct: Management fees apply

• Lot Size:

• PPS Custom: Flexible

• PPS Select: Standard

• PPS Direct: Standard

• Available Trading Platforms:

• PPS Custom: Proprietary platform

• PPS Select: MT4, MT5

• PPS Direct: MT4, MT5

• Execution Type:

• PPS Custom: Market

• PPS Select: Instant

• PPS Direct: ECN

• Islamic Account Availability:

• All account types: Yes

• Swap-Free Options:

• Available for all account types.

• Demo Account Features:

• All account types offer demo accounts for practice.

Advantages of Each Account Type

• PPS Custom:

• Tailored investment strategies.

• Direct control over portfolio management.

• Access to expert recommendations.

• PPS Select:

• Professional management.

• Diversified investment options.

• Time-saving for traders.

• PPS Direct:

• Access to institutional-grade strategies.

• Comprehensive investment management.

• High-level customization.

Disadvantages of Each Account Type

• PPS Custom:

• Requires significant market knowledge.

• Higher management responsibility.

• PPS Select:

• Less control over individual trades.

• Potentially higher fees due to management.

• PPS Direct:

• Higher minimum deposit requirement.

• Limited flexibility for individual trading preferences.

Part 3: pps Account Opening Requirements

pps Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Minimum age of 18 years.

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

• Prohibited Countries: Countries under international sanctions.

• Identity Verification Documents Needed:

• Government-issued ID (passport or drivers license).

• Social Security Number (for U.S. residents).

• Proof of Residence Requirements:

• Utility bill or bank statement dated within the last 3 months.

• Additional Documentation for Professional Accounts:

• Business registration documents (if applicable).

• KYC/AML Compliance Procedures:

• Completion of Know Your Customer (KYC) forms.

• Anti-Money Laundering (AML) checks performed during verification.

• Verification Time Frames:

• Typically 1-3 business days for account verification.

Part 4: pps Account Opening Process

Step-by-Step pps Account Opening Guide

1. Visit Website and Click Registration: Go to the official PPS website.
2. Personal Information Entry: Fill out the registration form with personal details.
3. Choose Account Type: Select the desired account type based on your trading needs.
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 the minimum required amount to activate your account.
8. Start Trading: Access your account and begin trading.

• Desktop vs Mobile Registration Differences:

• Mobile registration may have a simplified process but requires the same documentation.

• Common Registration Issues and Solutions:

• Issue: Document upload failure.

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

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

• Average Account Approval Time: 1-3 business days.

• How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.

Part 5: pps Demo Account Information

pps Demo Account Guide

• Demo Account Features and Benefits:

• Access to a simulated trading environment.

• Practice trading strategies without financial risk.

• How to Open a Demo Account:

• Register on the PPS website and select the demo account option.

• Demo Account Limitations:

• Limited trading instruments compared to live accounts.

• Virtual Balance Amount: Typically $100,000 in virtual funds.

• Demo vs Live Account Differences:

• Demo accounts do not involve real money transactions.

• Live accounts are subject to market conditions and real financial risks.

• Duration/Expiry of Demo Accounts: Usually valid for 30 days, with the possibility of extension.

Part 6: pps Islamic Account (if available)

pps Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, all account types can be converted to Islamic accounts.
• Eligibility Requirements: Must declare the need for an Islamic account during the registration process.
• Differences from Standard Accounts: No swap fees applied to overnight positions.
• How to Apply for Islamic Account: Indicate preference during account registration or contact support post-registration.
• Restrictions or Special Conditions: Must adhere to Islamic finance principles.

FAQs – pps Account Types & Opening

1. What account types does pps offer？

• PPS offers Custom, Select, and Direct account types.

1. What is the minimum deposit for each account type？

• PPS Custom: Varies, PPS Select: $5,000, PPS Direct: $10,000.

1. How long does pps account verification take？

• Typically 1-3 business days.

1. Does pps offer demo accounts？

• Yes, demo accounts are available for practice.

1. Can I have multiple account types with pps？

• Yes, clients can hold multiple accounts.

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

• Yes, all account types can be converted to Islamic accounts.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support.