PRITHVI broker Accounts

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

Part 1: prithvi Account Types Explained

Prithvi offers a variety of account types tailored to different trading needs and profiles. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Fixed spread starting from 2 pips
• Leverage Options: Up to 1:50
• Key Features: Basic trading tools, access to major currency pairs, and educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

2. ECN Account

• Minimum Deposit Requirement: ₹25,000
• Spread/Commission Structure: Variable spread starting from 0.1 pips + commission of ₹20 per lot
• Leverage Options: Up to 1:100
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: ₹50,000
• Spread/Commission Structure: Variable spread starting from 0.5 pips + lower commission rates
• Leverage Options: Up to 1:200
• Key Features: Advanced trading tools, personalized support, and higher leverage.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

4. Islamic Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Fixed spread starting from 2 pips
• Leverage Options: Up to 1:50
• Key Features: Swap-free trading to comply with Islamic finance principles.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:50
• Key Features: Risk-free environment to practice trading strategies with virtual funds.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: Forex, commodities, and indices.

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: prithvi Account Features Comparison

Detailed prithvi Account Features

Advantages of Each Account Type

• Standard Account: Easy to use, good for beginners, educational resources available.
• ECN Account: Lower spreads, faster execution, suitable for scalping.
• Pro Account: Advanced tools, personalized support, higher leverage.
• Islamic Account: Complies with Sharia law, no swap fees.
• Demo Account: Risk-free trading, practice strategies without financial risk.

Disadvantages of Each Account Type

• Standard Account: Limited features compared to advanced accounts.
• ECN Account: Requires higher minimum deposit, commission fees apply.
• Pro Account: Higher minimum deposit, may not be suitable for casual traders.
• Islamic Account: Limited trading instruments compared to other accounts.
• Demo Account: No real profits, limited duration.

Part 3: prithvi Account Opening Requirements

prithvi Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be 18 years or older.

• Geographic Restrictions: Available to residents of India and select countries.

• Prohibited Countries: Specific countries may be restricted due to regulatory compliance.

• Identity Verification Documents Needed:

• Self-certified copy of PAN card.

• Proof of identity (e.g., passport, voter ID).

• Proof of address (e.g., utility bill, bank statement).

• Proof of Residence Requirements:

• Recent utility bill or bank statement with the applicant's name and address.

• Additional Documentation for Professional Accounts:

• Corporate clients must provide Memorandum of Association, Articles of Association, and board resolution.

• KYC/AML Compliance Procedures:

• Clients must complete KYC (Know Your Customer) verification, including identity and address verification.

• Verification Time Frames:

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

Part 4: prithvi Account Opening Process

Step-by-Step prithvi Account Opening Guide

1. Visit Website and Click Registration: Go to the Prithvi website and select the account type you wish to open.
2. Personal Information Entry: Fill in your personal details such as name, address, and contact information.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required documents for identity verification.
6. Account Verification: Wait for the account to be verified by the Prithvi team.
7. Fund Your Account: Deposit the minimum required amount to activate your trading 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 desktop and mobile platforms, though mobile may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload failure.

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

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Clients can request to upgrade or downgrade their account type through customer support, subject to the eligibility criteria of the desired account type.

Part 5: prithvi Demo Account Information

prithvi Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk.

• Access to real-time market data and trading tools.

• How to Open a Demo Account:

• Follow the same registration process, selecting the demo account option.

• Demo Account Limitations:

• Limited to virtual funds and may have a time limit for usage.

• Virtual Balance Amount:

• Typically, demo accounts come with a virtual balance of ₹1,000,000.

• Demo vs Live Account Differences:

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

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days, but this can vary based on the broker's policies.

Part 6: prithvi Islamic Account Details

prithvi Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Yes, Prithvi offers an Islamic account option.

• Eligibility Requirements:

• Must be a Muslim trader seeking Sharia-compliant trading conditions.

• Differences from Standard Accounts:

• No swap fees applied to overnight positions.

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process and provide necessary documentation.

• Restrictions or Special Conditions:

• Must comply with Islamic finance principles; trading in certain instruments may be restricted.

FAQs – prithvi Account Types & Opening

1. What account types does prithvi offer？

• Prithvi offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: ₹10,000, ECN: ₹25,000, Pro: ₹50,000, Islamic: ₹10,000, Demo: N/A.

1. How long does prithvi account verification take？

• Verification typically takes 1-3 business days.

1. Does prithvi offer demo accounts？

• Yes, Prithvi provides demo accounts for practice trading.

1. Can I have multiple account types with prithvi？

• Yes, clients can hold multiple account types.

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

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

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

• PAN card, proof of identity, and proof of address.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.