RPG broker Accounts

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

Part 1: rpg Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: Varies by broker (typically $100-$500)
• Spread/Commission Structure: Variable spreads, typically starting from 1.0 pips; commission may apply depending on the broker.
• Leverage Options: Up to 1:500
• Key Features: Basic trading features, access to major currency pairs, and standard trading platforms.
• Target User Profile: Beginners to intermediate traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500-$1,000
• Spread/Commission Structure: Low spreads starting from 0.0 pips; commission per trade applies.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds, and lower spreads.
• Target User Profile: Advanced traders and institutions.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000+
• Spread/Commission Structure: Very low spreads; commission fees apply.
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority customer support, and advanced trading tools.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, commodities, indices, and more.

1. Islamic Account

• Minimum Deposit Requirement: Same as Standard or Pro accounts.
• Spread/Commission Structure: Similar to the corresponding standard account.
• Leverage Options: Up to 1:500
• Key Features: Swap-free, compliant with Islamic finance principles.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex, commodities.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (usually $10,000 or more).
• Spread/Commission Structure: Same as the live account type it simulates.
• Leverage Options: Same as the live account type it simulates.
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Same as live accounts.

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

Part 2: Detailed rpg Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100-$500

• ECN: $500-$1,000

• Pro: $1,000+

• Islamic: Same as Standard or Pro

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Demo: Same as live account

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: Low spreads

• Islamic: Similar to corresponding account

• Commission Fees:

• Standard: May apply

• ECN: Per trade

• Pro: Per trade

• Islamic: Same as corresponding account

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5, proprietary platforms

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: Yes

Advantages of Each Account Type

• Standard Account:

• Easy to open and manage.

• Suitable for beginners.

• Access to a wide range of instruments.

• ECN Account:

• Lower spreads and faster execution.

• Ideal for high-frequency trading.

• Direct market access.

• Pro Account:

• Advanced trading tools and features.

• Lower trading costs for professionals.

• Priority customer service.

• Islamic Account:

• Compliant with Sharia law.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Ideal for practice and strategy testing.

• Access to the same features as live accounts.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN accounts.

• Limited advanced features.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• Higher minimum deposit requirement.

• May not be suitable for casual traders.

• Islamic Account:

• Limited availability depending on the broker.

• May have restrictions on trading instruments.

• Demo Account:

• No real money involved.

• Limited duration or expiry.

Part 3: rpg Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Varies by broker; some may restrict certain countries.
• Prohibited Countries: Specific countries may be prohibited based on regulatory compliance.
• Identity Verification Documents Needed: Government-issued ID (passport, driver's license).
• Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• Know Your Customer (KYC): Verification of identity and address.
• Anti-Money Laundering (AML): Monitoring transactions for suspicious activity.

Verification Time Frames

• Standard Verification: Typically takes 1-3 business days.
• Extended Verification: May take longer if additional documentation is required.

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

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Navigate to the broker's website and select the registration option.
2. Personal Information Entry: Fill out the required personal details, including name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the broker to verify your documents.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once verified and funded, begin trading on the platform.

Desktop vs Mobile Registration Differences

• Desktop: Typically more comprehensive forms; may allow for easier document uploads.
• Mobile: Streamlined process; may have limitations on document upload formats.

Common Registration Issues and Solutions

• Issue: Document not accepted.
• Solution: Ensure documents are clear and meet the broker's requirements.
• Issue: Verification delay.
• Solution: Contact customer support for updates.

Average Account Approval Time

• Standard Accounts: 1-3 business days.
• Professional Accounts: Up to 5 business days.

How to Upgrade/Downgrade Account Types

• Upgrade: Contact customer support or follow the broker's online process.
• Downgrade: Typically requires closing the existing account and opening a new one.

Part 5: rpg Demo Account Guide

Demo Account Features and Benefits

• Features: Access to the same trading platform and tools as live accounts.
• Benefits: Risk-free environment to practice trading strategies and familiarize with the platform.

How to Open a Demo Account

• Process: Visit the broker's website, select the demo account option, and fill out the registration form.

Demo Account Limitations

• Limitations: Virtual funds only; may have a time limit on usage.

Virtual Balance Amount

• Typical Amount: Usually $10,000 or more in virtual funds.

Demo vs Live Account Differences

• Demo: No real money involved; risk-free.
• Live: Real money trading; involves actual financial risk.

Duration/Expiry of Demo Accounts

• Typical Duration: 30 days to 90 days, depending on the broker.

Part 6: rpg Islamic Account Details

Swap-Free/Islamic Account Availability

• Availability: Offered by many brokers; check specific broker offerings.

Eligibility Requirements

• Requirements: Must be a Muslim trader; may need to provide a declaration.

Differences from Standard Accounts

• Differences: No swap fees; may have different trading conditions.

How to Apply for Islamic Account

• Process: Select Islamic account option during registration or contact customer support.

Restrictions or Special Conditions

• Conditions: May have limitations on certain trading instruments or strategies.

FAQs – rpg Account Types & Opening

1. What account types does rpg offer？

• Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100-$500, ECN: $500-$1,000, Pro: $1,000+, Islamic: Same as Standard/Pro.

1. How long does rpg account verification take？

• Typically 1-3 business days for standard accounts; up to 5 days for professional accounts.

1. Does rpg offer demo accounts？

• Yes, demo accounts are available with virtual funds.

1. Can I have multiple account types with rpg？

• Yes, you can open multiple account types as per your trading needs.

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

• Yes, Islamic accounts are available and compliant with Sharia law.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, but it may require contacting customer support or closing the existing account.