RABELLO broker Accounts

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

rabello Account Types Explained

Rabello offers a variety of 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, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners, access to a wide range of trading instruments.
• Target User Profile: Beginners.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

2. ECN Account

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

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips, commission of $2 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions, priority customer support.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, commodities, indices, and 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 interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual funds of $10,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: Beginners and experienced traders wanting to test strategies.
• Trading Instruments Available: All available instruments.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed rabello Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly for beginners.

• Access to a wide range of instruments.

• ECN Account:

• Tight spreads for scalping.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Lower commission fees.

• Enhanced trading conditions.

• Priority support.

• Islamic Account:

• Compliant with Islamic finance principles.

• No overnight interest charges.

• Demo Account:

• Risk-free environment to practice trading.

• Access to all trading instruments.

• Ideal for testing strategies.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• ECN Account:

• Higher minimum deposit required.

• Commission fees may add up for frequent traders.

• Pro Account:

• Higher minimum deposit compared to Standard.

• Not suitable for beginners.

• Islamic Account:

• Limited to Muslim traders.

• May have fewer features compared to other accounts.

• Demo Account:

• No real money involved.

• Limited to virtual trading experience.

rabello Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; however, specific regions may be restricted.
• Prohibited Countries: Countries under international sanctions may not be eligible.
• Identity Verification Documents Needed: Government-issued ID (passport or national ID).
• Proof of Residence Requirements: Utility bill or bank statement not older than three months.
• Additional Documentation for Professional Accounts: Proof of trading experience or financial background may be required.

KYC/AML Compliance Procedures

• Rabello follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to verify the identity of its clients.

Verification Time Frames

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

Step-by-Step rabello Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the rabello homepage and click on the "Open Account" button.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence 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: 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, but the mobile version may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are clear and in the correct format (JPEG, PNG, PDF).

• Issue: Verification delay.

• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Account types can be changed by contacting customer support after meeting the minimum deposit requirements for the desired account type.

rabello Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice trading strategies without financial risk and provides access to all trading instruments.

How to Open a Demo Account

• Visit the rabello website and select the option to open a demo account, then follow the registration process.

Demo Account Limitations

• The demo account is funded with virtual money and has no real monetary value.

Virtual Balance Amount

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

Demo vs Live Account Differences

• The demo account simulates trading conditions but does not involve real money, while the live account involves actual trading with real funds.

Duration/Expiry of Demo Accounts

• Demo accounts typically remain active for 30 days but can be extended upon request.

rabello Islamic Account Details

Swap-Free/Islamic Account Availability

• Rabello offers Islamic accounts that comply with Sharia law, meaning no interest is charged on overnight positions.

Eligibility Requirements

• To qualify for an Islamic account, the applicant must be a Muslim trader.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for traders who adhere to Islamic finance principles.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, including limitations on certain trading strategies.

FAQs – rabello Account Types & Opening

1. What account types does rabello offer？

• Rabello 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: $0.

1. How long does rabello account verification take？

• Account verification typically takes 1-3 business days.

1. Does rabello offer demo accounts？

• Yes, rabello provides demo accounts with virtual funds.

1. Can I have multiple account types with rabello？

• Yes, you can have multiple accounts as long as you meet the minimum deposit requirements.

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

• Yes, rabello offers Islamic accounts that are compliant with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.