R broker Accounts

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

Part 1: r Account Types Overview

r Account Types Explained

R offers several account types to cater to different trading needs and preferences. 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 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners; access to all trading instruments.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $5 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 and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions; suitable for professional traders.
• Target User Profile: Experienced traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, stocks.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law; no overnight interest.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• Key Features: Risk-free trading environment; practice trading strategies.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: r Account Features Comparison

Detailed r Account Features

Minimum Deposit

• Standard Account: $100
• ECN Account: $500
• Pro Account: $1,000
• Islamic Account: $100
• Demo Account: Virtual funds

Maximum Leverage

• Standard Account: 1:500
• ECN Account: 1:200
• Pro Account: 1:300
• Islamic Account: 1:500
• Demo Account: 1:500

Spreads (Typical/Minimum)

• Standard Account: 1.0 pips
• ECN Account: 0.0 pips
• Pro Account: 0.5 pips
• Islamic Account: 1.0 pips
• Demo Account: 1.0 pips

Commission Fees

• Standard Account: None
• ECN Account: $5 per lot
• Pro Account: $3 per lot
• Islamic Account: None
• Demo Account: None

Lot Size

• Standard Account: Standard lots
• ECN Account: Micro, mini, standard
• Pro Account: Standard lots
• Islamic Account: Standard lots
• Demo Account: Standard lots

Available Trading Platforms

• Standard Account: MT4, MT5
• ECN Account: MT4, MT5
• Pro Account: MT4, MT5
• Islamic Account: MT4, MT5
• Demo Account: MT4, MT5

Execution Type

• Standard Account: Market execution
• ECN Account: ECN execution
• Pro Account: Market execution
• Islamic Account: Market execution
• Demo Account: Market execution

Islamic Account Availability

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: Not applicable

Swap-Free Options

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: Not applicable

Demo Account Features

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: Yes

Advantages of Each Account Type

• Standard Account: Low minimum deposit, user-friendly.
• ECN Account: Tight spreads, direct market access.
• Pro Account: Professional trading conditions, lower commissions.
• Islamic Account: Complies with Sharia law, no swap fees.
• Demo Account: Risk-free environment, practice trading strategies.

Disadvantages of Each Account Type

• Standard Account: Higher spreads compared to ECN.
• ECN Account: Higher minimum deposit, commission fees.
• Pro Account: Requires higher initial investment.
• Islamic Account: Limited to specific trading conditions.
• Demo Account: No real profit, limited duration.

Part 3: r Account Opening Requirements

r Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or restrictions.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, driver's license).
• Proof of Residence: Utility bill, bank statement, or lease agreement.

Additional Documentation for Professional Accounts

• Professional Accounts: May require additional documentation such as proof of trading experience or financial statements.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Verification Time Frames

• Standard Verification: Typically within 1-3 business days.
• Additional Checks: May extend the verification time.

Part 4: r Account Opening Process

Step-by-Step r Account Opening Guide

1. Visit Website and Click Registration: Navigate to the official r website and select the account opening option.
2. Personal Information Entry: Fill in personal details such as 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 and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account to be verified by the r team.
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

• Desktop Registration: Full-featured registration with all options available.
• Mobile Registration: Streamlined process; may have limited features.

Common Registration Issues and Solutions

• Issue: Document upload failure.

  Solution: Ensure documents meet size and format requirements.

• Issue: Verification delays.

  Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, accounts are approved within 1-3 business days, depending on the completeness of the submitted documents.

How to Upgrade/Downgrade Account Types

• Account types can be changed by submitting a request through the account management section of the website.

Part 5: r Demo Account Information

r Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, practice trading strategies, and risk-free environment.
• Benefits: Helps beginners learn trading without financial risk.

How to Open a Demo Account

• Visit the r website, select the demo account option, and follow the registration process.

Demo Account Limitations

• Limited duration (typically 30 days) and virtual funds only.

Virtual Balance Amount

• Usually set at $10,000 for practice.

Demo vs Live Account Differences

• Demo Account: No real money involved, limited duration, and practice environment.
• Live Account: Real money trading, potential for profit or loss.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

Part 6: r Islamic Account (if available)

r Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

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

Differences from Standard Accounts

• No swap fees applied; otherwise similar trading conditions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or request it through account management.

Restrictions or Special Conditions

• Must adhere to Islamic trading principles; no overnight interest.

FAQs – r Account Types & Opening

1. What account types does r offer？

• R 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: Virtual funds.

1. How long does r account verification take？

• Typically 1-3 business days.

1. Does r offer demo accounts？

• Yes, r offers demo accounts for practice trading.

1. Can I have multiple account types with r？

• Yes, you can have multiple account types.

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

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

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

• Proof of identity and proof of residence.

1. Can I change my account type after registration？

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