| Account Type | Minimum Deposit | Spread Type | Commission | Leverage | Target User |
|---|---|---|---|---|---|
| Standard | $100 | Variable | None | 1:500 | Beginners |
| ECN | $500 | Raw | $7/lot | 1:200 | Advanced |
| Pro | $1,000 | Fixed | $5/lot | 1:300 | Experienced |
| Islamic | $500 | Variable | None | 1:200 | Muslim traders |
| Demo | N/A | Variable | None | 1:500 | Beginners |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:200
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.0 pips
Pro: 1.0 pips
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: $7 per lot
Pro: $5 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Micro, Mini, Standard
Islamic: Micro, Mini, Standard
Demo: Micro, Mini, Standard
Available Trading Platforms:
All accounts: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Islamic Account Availability:
Yes, for Islamic Account
Swap-Free Options:
Available for Islamic Account
Demo Account Features:
Virtual funds for practice, access to all trading instruments
Standard Account:
Low minimum deposit
No commission fees
Suitable for beginners
ECN Account:
Tight spreads
Direct market access
Advanced trading tools
Pro Account:
Fixed spreads
Priority support
Suitable for experienced traders
Islamic Account:
Compliance with Islamic finance
No swap fees
Demo Account:
Risk-free trading
Practice with virtual funds
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Higher minimum deposit
Commission fees apply
Islamic Account:
Limited availability of certain features
Demo Account:
Virtual funds may not reflect real trading conditions
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Not available in certain countries (specific countries not listed)
Prohibited Countries: Not specified in the sources
Identity Verification Documents Needed:
Government-issued ID (passport or national ID)
Proof of residence (utility bill or bank statement)
Additional Documentation for Professional Accounts:
Proof of trading experience or qualifications may be required
KYC/AML Compliance Procedures:
Mandatory identity verification to comply with regulations
Verification Time Frames:
Typically takes 1-3 business days for account verification
Demo Account Features and Benefits:
Practice trading with virtual funds
Access to all trading instruments
No risk of losing real money
How to Open a Demo Account:
Visit the qianjin website and select the demo account option.
Fill in the required information and submit.
Demo Account Limitations:
Limited duration (typically 30 days)
Virtual funds do not reflect real market conditions
Virtual Balance Amount: Usually set at $10,000 in virtual funds.
Demo vs Live Account Differences:
Live accounts involve real money and market conditions, while demo accounts use virtual funds.
Duration/Expiry of Demo Accounts: Typically expires after 30 days, but can be renewed.
Explore broker markets account types: forex/trading accounts with demo access.