RANGE MARKETS broker Accounts

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

range markets Account Types Explained

Range Markets offers several account types tailored to different trading needs and levels of experience. Below is a detailed overview of each account type available:

1. Classic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Spread starts from 0 pips; no commission.
• Leverage Options: Up to 1:1000.
• Key Features: Market execution, suitable for beginners.
• Target User Profile: Ideal for novice traders.
• Trading Instruments Available: Forex, CFDs on indices, stocks, metals, and cryptocurrencies.

2. Premium Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Spread starts from 0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Market execution, higher maximum deposit limit.
• Target User Profile: Suitable for intermediate traders.
• Trading Instruments Available: Same as Classic Account.

3. VIP Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Spread starts from 0 pips; no commission.
• Leverage Options: Up to 1:200.
• Key Features: Designed for high-volume traders with a larger maximum deposit.
• Target User Profile: Advanced traders and institutional clients.
• Trading Instruments Available: Same as Classic Account.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Classic Account
• Intermediate: Premium Account
• Advanced: VIP Account

Detailed range markets Account Features

Account Features Comparison

Advantages of Each Account Type

• Classic Account:
• Low minimum deposit.
• High leverage options.
• Suitable for beginners.
• Premium Account:
• No commission fees.
• Higher deposit limits.
• Ideal for intermediate traders.
• VIP Account:
• Tailored for high-volume trading.
• Access to advanced trading tools.
• Competitive spreads.

Disadvantages of Each Account Type

• Classic Account:
• Limited features compared to premium accounts.
• Premium Account:
• Lower leverage than Classic.
• VIP Account:
• Requires a higher trading volume for optimal benefits.

range markets Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; specific restrictions may apply.
• Prohibited Countries: Not specified in the sources.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Recent document showing name and address.
• Additional Documentation for Professional Accounts: May include financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Range Markets adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to ensure the integrity of the trading environment.

Verification Time Frames

• Account verification typically takes 24-48 hours, but may vary based on the completeness of submitted documents.

Step-by-Step range markets Account Opening Guide

Registration Process

1. Visit Website: Go to the Range Markets homepage.
2. Click Registration: Locate and click on the “Open Live Account” button.
3. Personal Information Entry: Fill in your personal details including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds using your preferred payment method.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may experience a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document not accepted.
• Solution: Ensure documents are clear and recent.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Generally, account approval takes between 24 to 48 hours.

How to Upgrade/Downgrade Account Types

• Users can contact customer support to request an upgrade or downgrade of their account type.

range markets Demo Account Guide

Demo Account Features and Benefits

• Virtual Trading Environment: Allows users to practice trading without financial risk.
• Access to Trading Tools: Users can utilize all trading tools available on live accounts.
• No Time Limit: Demo accounts typically do not expire, allowing for extended practice.

How to Open a Demo Account

• Visit the Range Markets website and select the “Open Demo Account” option.

Demo Account Limitations

• Virtual Balance Amount: Typically set at $10,000 or similar.
• Differences from Live Accounts: Trades are simulated and do not reflect real market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts generally do not expire, but users should check specific terms on the broker's website.

range markets Islamic Account Details

Swap-Free/Islamic Account Availability

• Range Markets offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Traders must indicate their need for an Islamic account during registration.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, adhering to the principles of Islamic finance.

How to Apply for Islamic Account

• Select the Islamic account option during the account registration process.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – range markets Account Types & Opening

1. What account types does range markets offer？

• Range Markets offers Classic, Premium, and VIP accounts.

1. What is the minimum deposit for each account type？

• The minimum deposit for all account types is $100.

1. How long does range markets account verification take？

• Verification typically takes 24-48 hours.

1. Does range markets offer demo accounts？

• Yes, Range Markets provides demo accounts for practice trading.

1. Can I have multiple account types with range markets？

• Yes, traders can have multiple account types.

1. Does range markets offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

1. What documents do I need to open a range markets 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.