Regency Capital broker Accounts

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

Part 1: regency capital Account Types Overview

regency capital Account Types Explained

Regency Capital offers a variety of account types to cater to different trading needs and preferences. Below is a detailed overview of each account type available:

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: 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: Spreads from 0.1 pips, commission of $7 per round turn
• Leverage Options: Up to 1:100
• Key Features: Direct market access, lower spreads
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $5 per round turn
• Leverage Options: Up to 1:200
• Key Features: Enhanced trading conditions, priority support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:500
• Key Features: Complies with Sharia law, no interest fees
• 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: Practice trading without risk, access to all trading instruments
• Target User Profile: All levels
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: regency capital Account Features Comparison

Detailed regency capital Account Features

The following table compares the features across different account types:

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• No commission fees
• User-friendly for beginners
• ECN Account:
• Tight spreads
• Direct market access
• Suitable for high-frequency trading
• Pro Account:
• Lowest spreads
• Priority customer support
• Advanced trading tools
• Islamic Account:
• Complies with Sharia law
• No interest fees
• Similar features to Standard or ECN
• Demo Account:
• Risk-free trading environment
• Access to all trading instruments
• Ideal for practice and strategy testing

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN and Pro accounts
• ECN Account:
• Requires a higher minimum deposit
• Commission fees can add up
• Pro Account:
• High minimum deposit requirement
• Not suitable for casual traders
• Islamic Account:
• Limited availability for non-Muslim traders
• Demo Account:
• Virtual funds may not reflect real market conditions
• Limited duration for practice

Part 3: regency capital Account Opening Requirements

regency capital Account Registration Requirements

To open an account with Regency Capital, the following eligibility criteria and documentation are required:

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 may be prohibited.

Identity Verification Documents Needed:

• A valid means of identification (National ID, International Passport, Voter‘s Card, or Driver’s License).
• Recent passport photograph.

Proof of Residence Requirements:

• Recent utility bill (electricity, water, or telephone) showing your name and address.

Additional Documentation for Professional Accounts:

• Proof of income or financial statements may be required for professional accounts.

KYC/AML Compliance Procedures:

• All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks 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: regency capital Account Opening Process

Step-by-Step regency capital Account Opening Guide

The following steps outline the registration process for opening an account with Regency Capital:

1. Visit Website and Click Registration: Go to the Regency Capital website and click on the "Create Account" button.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification team to review your documents.
7. Fund Your Account: Once verified, fund your account using the available payment methods.
8. 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 the mobile interface may have fewer fields visible at once.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are in the correct format and under the size limit.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average time for account approval is between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Account type changes can typically be requested through the client dashboard or by contacting customer support.

Part 5: regency capital Demo Account Information

regency capital Demo Account Guide

The demo account at Regency Capital offers several features and benefits:

• Features and Benefits:

• Risk-free trading environment with virtual funds.

• Access to all trading instruments available in live accounts.

• Ability to practice trading strategies without financial risk.

• How to Open a Demo Account:

• Visit the Regency Capital website and select the demo account option.

• Fill in the required information and submit your request.

• Demo Account Limitations:

• The demo account may have a limited duration, typically 30 days.

• Virtual Balance Amount:

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

• Demo vs Live Account Differences:

• The demo account uses virtual funds, while the live account involves real money and market conditions.

• Duration/Expiry of Demo Accounts:

• Demo accounts typically expire after 30 days unless extended by the broker.

Part 6: regency capital Islamic Account Details

regency capital Islamic Account Details

Regency Capital offers an Islamic account that is compliant with Sharia law:

• Swap-Free/Islamic Account Availability:

• Yes, available for Muslim traders.

• Eligibility Requirements:

• Must be a practicing Muslim.

• Differences from Standard Accounts:

• No swap or interest fees applied to overnight positions.

• How to Apply for Islamic Account:

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

• Restrictions or Special Conditions:

• Must adhere to Islamic finance principles; no interest-bearing transactions.

FAQs – regency capital Account Types & Opening

1. What account types does regency capital offer？

• Regency Capital 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 regency capital account verification take？

• Verification typically takes 1-3 business days.

1. Does regency capital offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with regency capital？

• Yes, clients can hold multiple account types.

1. Does regency capital offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for Muslim traders.

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

• A valid ID, recent passport photo, and proof of residence are required.

1. Can I change my account type after registration？

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