QUILLA broker Accounts

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

Part 1: quilla Account Types Overview

quilla Account Types Explained

QUILLA offers several account types tailored to meet the needs of different traders. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Ideal for beginners; access to basic trading tools and educational resources.
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $7 per round turn
• 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, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pip; commission of $5 per round turn
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions; priority customer support; advanced trading tools.
• 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 Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading; compliant with Islamic finance principles.
• 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 Standard Account
• Leverage Options: Up to 1:500
• Key Features: Risk-free trading environment; practice trading strategies with virtual funds.
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: quilla Account Features Comparison

Detailed quilla Account Features

When comparing features across different quilla account types, the following aspects are crucial:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:500

• Demo: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: From 1.0 pip

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: N/A

• ECN: $7 per round turn

• Pro: $5 per round turn

• Islamic: N/A

• Demo: N/A

• 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:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account

• Swap-Free Options: Available for Islamic Account

• Demo Account Features: Available for all account types

• Advantages of Each Account Type:

• Standard Account: Low minimum deposit, educational resources.

• ECN Account: Lower spreads, direct market access.

• Pro Account: Enhanced features, priority support.

• Islamic Account: Compliant with Islamic finance.

• Demo Account: Risk-free trading, practice environment.

• Disadvantages of Each Account Type:

• Standard Account: Higher spreads compared to ECN.

• ECN Account: Higher minimum deposit, commission fees.

• Pro Account: Higher minimum deposit.

• Islamic Account: Limited to specific trading conditions.

• Demo Account: No real profits, limited duration.

Part 3: quilla Account Opening Requirements

quilla Account Registration Requirements

To open a quilla account, the following eligibility criteria must be met:

• Age Requirements: Minimum age of 18 years.

• Geographic Restrictions: Available in most countries; check specific country regulations.

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

• Identity Verification Documents Needed:

• Government-issued ID (passport or national ID)

• Proof of address (utility bill or bank statement)

• Proof of Residence Requirements: Recent documents showing your name and address.

• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

• KYC/AML Compliance Procedures: All accounts must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames: Typically takes 1-3 business days for account verification.

Part 4: quilla Account Opening Process

Step-by-Step quilla Account Opening Guide

1. Visit Website and Click Registration: Go to the official quilla website.
2. Personal Information Entry: Fill out personal details including name, email, and phone number.
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 currency.
5. Document Upload: Upload 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: Access the trading platform and begin trading.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but mobile may have a simplified interface.
• Common Registration Issues and Solutions:
• Issue: Not receiving verification email.
• Solution: Check spam folder or request a new verification email.
• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet requirements.
• 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: quilla Demo Account Information

quilla Demo Account Guide

• Demo Account Features and Benefits: Provides a risk-free environment to practice trading strategies with virtual funds.
• How to Open a Demo Account: Select the demo account option during registration on the quilla website.
• Demo Account Limitations: Limited to virtual funds; no real profits can be made.
• Virtual Balance Amount: Typically offers a virtual balance of $10,000.
• Demo vs Live Account Differences: Demo accounts use virtual funds, while live accounts require real money deposits and can generate actual profits.
• Duration/Expiry of Demo Accounts: Demo accounts usually expire after 30 days, but this can vary.

Part 6: quilla Islamic Account (if available)

quilla Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, quilla offers an Islamic account option.
• Eligibility Requirements: Must be a practicing Muslim adhering to Islamic finance principles.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees.
• How to Apply for Islamic Account: Select the Islamic account option during registration or contact customer support.
• Restrictions or Special Conditions: Must comply with Islamic finance regulations; no interest-based transactions.

FAQs – quilla Account Types & Opening

1. What account types does quilla offer？

• QUILLA 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 quilla account verification take？

• Verification typically takes 1-3 business days.

1. Does quilla offer demo accounts？

• Yes, quilla provides demo accounts for practice trading.

1. Can I have multiple account types with quilla？

• Yes, you can have multiple accounts, but they must be registered under the same name.

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

• Yes, quilla offers Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.