RSI broker Accounts

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

Part 1: rsi Account Types Explained

Available Account Types

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: Access to all trading instruments, educational resources, and customer support.
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

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

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1 pip
• Leverage Options: Up to 1:100
• Key Features: Professional trading tools, dedicated account manager, and advanced analytics.
• Target User Profile: Institutional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, depending on the chosen type
• Leverage Options: Up to 1:200
• Key Features: Swap-free trading in compliance with Sharia law.
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Risk-free trading environment to practice strategies.
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: rsi Account Features Comparison

Detailed rsi Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:200

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 1 pip

• Islamic: Variable

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: None

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Islamic Account Availability:

• Yes for Islamic Account

• No for others

• Swap-Free Options:

• Available for Islamic Account only

• Demo Account Features:

• Virtual funds, access to all trading instruments, same trading conditions as live accounts.

Advantages of Each Account Type

• Standard Account:

• Low initial deposit

• User-friendly platform

• Access to educational resources

• No commission fees

• ECN Account:

• Tight spreads

• Direct market access

• Faster execution

• Suitable for high-frequency trading

• Pro Account:

• Professional trading tools

• Dedicated account manager

• Advanced analytics

• Fixed spreads

• Islamic Account:

• Compliance with Sharia law

• No swap fees

• Access to all trading instruments

• Demo Account:

• Risk-free trading

• Practice strategies

• Familiarization with the trading platform

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Requires higher minimum deposit

• Commission fees apply

• Pro Account:

• High minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited to Muslim traders

• May have higher spreads

• Demo Account:

• No real profits

• Limited duration for practice

Part 3: rsi Account Opening Requirements

rsi Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available in most countries; check specific restrictions.

• Prohibited Countries: Specific countries may be restricted due to regulatory compliance.

• Identity Verification Documents Needed:

• Government-issued ID (passport, drivers license)

• Proof of address (utility bill, bank statement)

• Proof of Residence Requirements:

• Recent document showing name and address.

• Additional Documentation for Professional Accounts:

• Proof of trading experience or financial background may be required.

• KYC/AML Compliance Procedures:

• Complete identity verification and provide necessary documents.

• Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

• Verification Time Frames:

• Typically takes 1-3 business days for account verification.

Part 4: rsi Account Opening Process

Step-by-Step rsi Account Opening Guide

1. Visit Website and Click Registration:

• Navigate to the official RSI website and find the registration button.

1. Personal Information Entry:

• Fill in personal details such as name, email, and date of birth.

1. Choose Account Type:

• Select the desired account type based on trading experience and preferences.

1. Set Trading Preferences:

• Specify leverage, trading instruments, and other preferences.

1. Document Upload:

• Upload required identity verification documents.

1. Account Verification:

• Wait for the verification process to complete.

1. Fund Your Account:

• Deposit the minimum required amount to activate the account.

1. Start Trading:

• Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Desktop registration typically offers a more comprehensive view of account options.
• Mobile registration may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure documents are clear and meet size requirements.

• Issue: Account not activated.

• Solution: Check email for activation link and follow instructions.

Average Account Approval Time

• Generally, account approval takes between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade based on trading needs.

Part 5: rsi Demo Account Information

rsi Demo Account Guide

• Demo Account Features and Benefits:

• Provides a risk-free environment to practice trading strategies.

• Access to all trading instruments available in live accounts.

• How to Open a Demo Account:

• Follow the same registration process, selecting the demo account option.

• Demo Account Limitations:

• Limited to virtual funds and may expire after a certain period.

• Virtual Balance Amount:

• Typically set at $10,000 in virtual funds.

• Demo vs Live Account Differences:

• Demo accounts do not generate real profits or losses.

• Live accounts involve real trading with actual funds.

• Duration/Expiry of Demo Accounts:

• Demo accounts may last for 30 days or longer, depending on the broker's policy.

Part 6: rsi Islamic Account Details

rsi Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Yes, available for Muslim traders.

• Eligibility Requirements:

• Must be a practicing Muslim.

• Differences from Standard Accounts:

• No swap fees applied to overnight positions.

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process.

• Restrictions or Special Conditions:

• Must comply with Islamic finance principles.

FAQs – rsi Account Types & Opening

1. What account types does rsi offer？

• 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: Virtual funds.

1. How long does rsi account verification take？

• Typically 1-3 business days.

1. Does rsi offer demo accounts？

• Yes, demo accounts are available for practice.

1. Can I have multiple account types with rsi？

• Yes, you can hold multiple account types.

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

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support.