Rostrum broker Accounts

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

Part 1: rostrum Account Types Explained

Rostrum offers several account types tailored to different trading needs and profiles. Below is a detailed overview of each account type available.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners, access to educational resources
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.1 pips + commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds, ideal for scalpers
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads starting from 0.0 pips + commission of $3 per lot
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulates live trading conditions
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and experienced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: Detailed rostrum Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:
• User-friendly for beginners
• Low minimum deposit
• Access to educational resources
• ECN Account:
• Low spreads and fast execution
• Ideal for scalping strategies
• Direct market access
• Pro Account:
• Best trading conditions for professionals
• Low commission fees
• Priority support
• Islamic Account:
• Complies with Sharia law
• No interest charges
• Suitable for Muslim traders
• Demo Account:
• Risk-free trading environment
• Practice with virtual funds
• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited advanced features
• ECN Account:
• Higher minimum deposit
• Commission fees can add up
• Pro Account:
• Requires significant capital
• Not suitable for beginners
• Islamic Account:
• Limited availability of features
• May not suit all trading strategies
• Demo Account:
• No real profit potential
• Limited duration for practice

Part 3: rostrum Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
• Identity Verification Documents Needed:
• Valid government-issued ID (e.g., passport, national ID)
• Proof of address (e.g., utility bill, bank statement)
• Proof of Residence Requirements: Recent utility bill or bank statement showing the applicant's name and address.
• Additional Documentation for Professional Accounts: Business registration documents, tax identification number.

KYC/AML Compliance Procedures

• Rostrum adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to ensure the legitimacy of all accounts.
• Users must provide valid identification and proof of residence during the registration process.

Verification Time Frames

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

Part 4: Step-by-Step rostrum Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the Rostrum website and select the "Register" option.
2. Personal Information Entry: Fill in personal details, including name, email, and phone number.
3. Choose Account Type: Select the desired account type based on trading needs.
4. Set Trading Preferences: Indicate leverage preferences and trading strategies.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the verification team to review submitted documents.
7. Fund Your Account: Once verified, deposit funds into your trading account.
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, though mobile may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are in the correct format and size.
• Issue: Delayed verification.
• Solution: Contact customer support for updates.

Average Account Approval Time

• The average time for account approval is 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• Users can request account type changes through customer support, subject to the new account type's requirements.

Part 5: rostrum Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to all trading instruments available in live accounts.
• Simulates real market conditions for effective learning.

How to Open a Demo Account

• Select the demo account option during the registration process and follow the prompts to set up.

Demo Account Limitations

• Limited duration for use (typically 30 days).
• Virtual funds may not reflect real market conditions entirely.

Virtual Balance Amount

• Demo accounts typically come with a virtual balance of $100,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but users can request extensions.

Part 6: rostrum Islamic Account Details

Swap-Free/Islamic Account Availability

• Rostrum offers Islamic accounts that comply with Sharia law, ensuring no interest is charged.

Eligibility Requirements

• Must be a practicing Muslim to qualify for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for long-term positions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

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

FAQs – rostrum Account Types & Opening

1. What account types does rostrum offer？

• Rostrum 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 rostrum account verification take？

• Verification typically takes 1-3 business days.

1. Does rostrum offer demo accounts？

• Yes, Rostrum provides demo accounts for practice trading.

1. Can I have multiple account types with rostrum？

• Yes, users can have multiple accounts, subject to the broker's policies.

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

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

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

• A valid ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.