QUANT broker Accounts

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

Part 1: quant Account Types Overview

quant Account Types Explained

Quant offers several account types tailored to different trading needs and profiles. Below is a detailed overview of each account type:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pip, no commission
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pip, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pip, commission of $2 per lot
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but without swap fees
• Leverage Options: Up to 1:200
• Key Features: Compliant with Islamic finance principles
• Target User Profile: Muslim traders seeking swap-free options
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Risk-free environment to practice trading
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: quant Account Features Comparison

Detailed quant Account Features

Account Feature Comparison

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners

• No commission fees

• High leverage options

• Access to various trading instruments

• ECN Account:

• Tight spreads for cost-effective trading

• Direct market access

• Suitable for high-frequency trading

• Lower latency execution

• Pro Account:

• Enhanced trading conditions

• Priority customer support

• Lower commissions for frequent traders

• Access to advanced trading tools

• Islamic Account:

• Compliant with Islamic finance principles

• No swap fees

• Suitable for Muslim traders

• Similar trading conditions to other accounts

• Demo Account:

• Risk-free environment for practice

• Access to full trading features

• Ideal for testing strategies

• Virtual funds to simulate real trading

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Requires a higher minimum deposit

• Commission fees can add up for frequent traders

• Pro Account:

• High minimum deposit requirement

• Not suitable for beginners

• Islamic Account:

• Limited availability for non-Muslim traders

• Similar costs to Standard or ECN accounts

• Demo Account:

• No real profits can be made

• Limited duration for practice

Part 3: quant Account Opening Requirements

quant 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 or restrictions (specific countries not listed)
• Identity Verification Documents Needed: Government-issued ID (passport or national ID)
• Proof of Residence Requirements: Utility bill or bank statement dated within the last three months
• Additional Documentation for Professional Accounts: Proof of trading experience or financial status may be required

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) procedures to verify identity and prevent fraud.
• Anti-Money Laundering (AML) checks are also conducted as part of the registration process.

Verification Time Frames

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

Part 4: quant Account Opening Process

Step-by-Step quant Account Opening Guide

1. Visit Website and Click Registration:

• Navigate to the quant website and find the registration button.

1. Personal Information Entry:

• Fill in required personal details such as name, email, and phone number.

1. Choose Account Type:

• Select the desired account type based on trading needs.

1. Set Trading Preferences:

• Indicate preferred trading settings and leverage options.

1. Document Upload:

• Upload necessary identification and proof of residence documents.

1. Account Verification:

• Wait for the verification process to complete, which may take 1-3 business days.

1. Fund Your Account:

• Deposit the minimum required amount to activate the account.

1. Start Trading:

• Once verified and funded, begin trading on the platform.

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 clear and meet size requirements.

• Issue: Verification delays.

• Solution: Contact customer support for updates.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request account type changes through customer support, subject to meeting new account requirements.

Part 5: quant Demo Account Information

quant Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to the same trading features as live accounts.
• Allows traders to familiarize themselves with the trading platform.

How to Open a Demo Account

• Visit the quant website and select the demo account option.
• Fill in the required information and create an account.

Demo Account Limitations

• Limited duration for use, typically 30 days.
• Virtual funds cannot be withdrawn or converted to real money.

Virtual Balance Amount

• The demo account usually comes with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.
• Live accounts incur real trading costs such as spreads and commissions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days, but can often be renewed.

Part 6: quant Islamic Account Details

quant Islamic Account Details

Swap-Free/Islamic Account Availability

• quant offers Islamic accounts that comply with Sharia law by eliminating swap fees.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading option.

Differences from Standard Accounts

• Islamic accounts have no swap fees, but other trading conditions remain similar to standard accounts.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limits on certain instruments or trading strategies.

FAQs – quant Account Types & Opening

1. What account types does quant offer？

• Quant 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, Demo: N/A.

1. How long does quant account verification take？

• Account verification typically takes 1-3 business days.

1. Does quant offer demo accounts？

• Yes, quant offers demo accounts for practice trading.

1. Can I have multiple account types with quant？

• Yes, traders can have multiple account types, subject to meeting requirements.

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

• Yes, quant provides Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

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