rts markets Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: rts markets Account Types Overview
rts markets Account Types Explained
RTS Markets offers several account types tailored to meet the needs of different traders. Below is an overview of the available account types:
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
- Practice Traders: Demo Account
Part 2: rts markets Account Features Comparison
Detailed rts markets Account Features
The following table compares key features across different account types:
Advantages and Disadvantages of Each Account Type
Standard Account
- Advantages:
- No minimum deposit
- User-friendly for beginners
- Access to a variety of trading instruments
- Disadvantages:
- Higher spreads compared to ECN
- Limited advanced features
ECN Account
- Advantages:
- Lower spreads
- Direct market access
- Suitable for scalpers and high-frequency traders
- Disadvantages:
- Requires a minimum deposit
- Commission fees apply
Pro Account
- Advantages:
- Fixed spreads for better predictability
- Advanced trading tools
- Priority customer support
- Disadvantages:
- Higher minimum deposit required
- Limited leverage
Islamic Account
- Advantages:
- Compliant with Sharia law
- No swap fees
- Similar features to standard accounts
- Disadvantages:
- Limited availability
- May have higher spreads
Part 3: rts markets Account Opening Requirements
rts markets Account Registration Requirements
To open an account with RTS Markets, the following eligibility criteria must be met:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Not available to residents of certain countries (specific countries not listed).
- Prohibited Countries: Specific countries may be restricted, but details are not provided.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID)
- Proof of address (utility bill or bank statement)
- Proof of Residence Requirements: A document showing the current address, dated within the last three months.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
RTS Markets follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify the identity of its clients. This includes the collection of personal information and documentation during the account registration process.
Verification Time Frames
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documentation.
Part 4: rts markets Account Opening Process
Step-by-Step rts markets Account Opening Guide
- Visit the Website: Go to the RTS Markets homepage.
- Click Registration: Locate and click on the "Open Account" button.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type from the available options.
- Set Trading Preferences: Indicate trading preferences and risk tolerance.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the account to be verified by the RTS Markets team.
- Fund Your Account: Once verified, deposit funds into your account to start trading.
Desktop vs Mobile Registration Differences
The registration process is similar on both desktop and mobile platforms, but the mobile interface may have a more streamlined layout for ease of use.
Common Registration Issues and Solutions
- Issue: Document upload fails.
- Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
The average account approval time is between 1-3 business days, depending on the volume of applications.
How to Upgrade/Downgrade Account Types
Account types can be upgraded or downgraded by contacting customer support and providing the necessary documentation for the new account type.
rts markets Demo Account Guide
The demo account allows traders to practice trading without financial risk.
Features and Benefits:
- Access to all trading instruments available in live accounts.
- Ability to practice trading strategies in real market conditions.
- No financial commitment required.
How to Open a Demo Account
- Visit the RTS Markets website.
- Click on the "Open Demo Account" button.
- Fill in the required personal information.
- Set up your demo account preferences.
- Start trading with virtual funds.
Demo Account Limitations
- The demo account may have a limited duration (typically 30 days).
- Virtual balance may be capped (usually around $10,000).
Virtual Balance Amount
The standard virtual balance for demo accounts is $10,000, allowing users to simulate trading conditions.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts require real money deposits.
- Trading conditions may vary slightly between demo and live accounts.
Duration/Expiry of Demo Accounts
Demo accounts typically expire after 30 days of inactivity, but users can request extensions if needed.
Part 6: rts markets Islamic Account (if available)
rts markets Islamic Account Details
RTS Markets offers a swap-free Islamic account designed for Muslim traders.
Swap-Free/Islamic Account Availability: Yes, available upon request.
Eligibility Requirements
To qualify for an Islamic account, traders must provide proof of their religious beliefs and may need to fill out additional forms.
Differences from Standard Accounts
Islamic accounts do not incur swap fees, making them compliant with Sharia law.
How to Apply for Islamic Account
Traders can apply for an Islamic account during the registration process or by contacting customer support after opening a standard account.
Restrictions or Special Conditions
Islamic accounts may have specific trading conditions, such as limits on certain trading strategies.
FAQs – rts markets Account Types & Opening
- What account types does rts markets offer?
- RTS Markets offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $0, ECN: $100, Pro: $500, Islamic: $100.
- How long does rts markets account verification take?
- Verification typically takes 1-3 business days.
- Does rts markets offer demo accounts?
- Yes, RTS Markets offers demo accounts for practice trading.
- Can I have multiple account types with rts markets?
- Yes, traders can have multiple account types.
- Does rts markets offer Islamic/swap-free accounts?
- Yes, RTS Markets offers Islamic accounts that are swap-free.
- What documents do I need to open a rts markets account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, account types can be changed by contacting customer support.
RTS MARKETS accounts can be viewed for products that can be traded Currencies, Commodities, Indices, Shares, Bonds accounts with a minimum deposit of $50 000 by (2+) --.