Search

Rating Index

Pros

Regulated by BaFin, ensuring a level of security and compliance.
Offers a wide range of investment products, including stocks, bonds, ETFs, and CFDs.
No minimum deposit requirement, making it accessible for new traders.

Cons

High transaction fees compared to some other brokers, which may deter frequent traders.
The trading platform interface may appear outdated to experienced traders.
Customer support is not available 24/7, which could be inconvenient for traders in different time zones.

s broker broker Accounts

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

s broker Account Types Explained

s broker offers a variety of account types tailored 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 on trades.
  • Leverage Options: Up to 1:500.
  • Key Features: Access to a wide range of trading instruments, including forex, commodities, and indices.
  • Target User Profile: Suitable for beginners and intermediate traders.
  • Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

2. ECN Account

  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads starting from 0.0 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 and scalpers.
  • Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

3. Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Spreads starting from 0.5 pips; commission of $2 per lot.
  • Leverage Options: Up to 1:100.
  • Key Features: Enhanced trading conditions, including lower commissions and spreads.
  • Target User Profile: Professional traders and institutional clients.
  • Trading Instruments Available: Forex pairs, commodities, indices, and cryptocurrencies.

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account; no swap fees.
  • Leverage Options: Up to 1:500.
  • Key Features: Complies with Sharia law; no interest on overnight positions.
  • Target User Profile: Muslim traders seeking compliant trading options.
  • Trading Instruments Available: Forex pairs, commodities, indices.

5. Demo Account

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

Account Type Comparison Table

Account Type Minimum Deposit Spread/Commission Leverage Target User Profile
Standard $100 From 1.0 pips Up to 1:500 Beginners
ECN $500 From 0.0 pips Up to 1:200 Advanced Traders
Pro $1,000 From 0.5 pips Up to 1:100 Professional Traders
Islamic $100 Same as Standard Up to 1:500 Muslim Traders
Demo Virtual Funds Same as Standard Same as Standard Beginners

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

Detailed s broker Account Features

Feature Comparison Across Different Account Types

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $100

  • 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

  • Spreads (Typical/Minimum):

  • Standard: From 1.0 pips

  • ECN: From 0.0 pips

  • Pro: From 0.5 pips

  • Islamic: Same as Standard

  • Commission Fees:

  • Standard: None

  • ECN: $3 per lot

  • Pro: $2 per lot

  • Islamic: None

  • Lot Size:

  • Standard: Micro, Mini, Standard

  • ECN: Micro, Mini, Standard

  • Pro: Micro, Mini, Standard

  • Islamic: Micro, Mini, Standard

  • Available Trading Platforms:

  • Standard: MT4, MT5

  • ECN: MT4, MT5

  • Pro: MT4, MT5

  • Islamic: MT4, MT5

  • Execution Type:

  • Standard: Market

  • ECN: ECN

  • Pro: Market

  • Islamic: Market

  • Islamic Account Availability: Yes for Islamic Account.

  • Swap-Free Options: Available for Islamic Account.

  • Demo Account Features: Available for all account types.

Advantages of Each Account Type

  • Standard Account:

  • Low minimum deposit.

  • No commission fees.

  • Suitable for beginners.

  • Access to a wide range of instruments.

  • ECN Account:

  • Tight spreads.

  • Fast execution speeds.

  • Suitable for scalping.

  • Direct market access.

  • Pro Account:

  • Lower commission fees.

  • Enhanced trading conditions.

  • Suitable for professional traders.

  • Access to advanced trading tools.

  • Islamic Account:

  • Complies with Sharia law.

  • No interest fees.

  • Suitable for Muslim traders.

  • Same features as Standard Account.

  • Demo Account:

  • Risk-free trading environment.

  • Practice strategies without financial risk.

  • Access to all trading instruments.

  • Ideal for beginners.

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN.

  • Limited advanced features.

  • ECN Account:

  • Higher minimum deposit requirement.

  • Commission fees apply.

  • Pro Account:

  • Higher minimum deposit.

  • Not suitable for casual traders.

  • Islamic Account:

  • Limited to Muslim traders.

  • May have fewer features compared to other accounts.

  • Demo Account:

  • Virtual funds only.

  • No real market experience.

s broker Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available to residents in most countries; check specific restrictions.
  • Prohibited Countries: Countries under international sanctions may be restricted.
  • Identity Verification Documents Needed: Government-issued ID (passport or driver's license).
  • Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address.
  • Additional Documentation for Professional Accounts: Proof of trading experience or financial status may be required.

KYC/AML Compliance Procedures

  • s broker follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and source of funds.

Verification Time Frames

  • Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.

Step-by-Step s broker Account Opening Guide

Detailed Step-by-Step Registration Process

  1. Visit Website and Click Registration: Go to the s broker website and locate the registration button.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, etc.).
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload required identity verification and proof of residence documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to start trading.
  8. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both desktop and mobile platforms, but the mobile version may have a more streamlined interface for ease of use.

Common Registration Issues and Solutions

  • Issue: Document rejection due to poor quality.
  • Solution: Ensure all documents are clear and legible.
  • Issue: Delays in verification.
  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Typically ranges from 1 to 3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

  • Account type changes can be requested through the customer support portal or account management section of the website.

s broker Demo Account Guide

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading strategies.
  • Access to the same trading platforms and instruments as live accounts.

How to Open a Demo Account

  • Visit the s broker website and select the demo account option. Follow the registration steps similar to opening a live account.

Demo Account Limitations

  • Limited to virtual funds and does not provide real market experience.

Virtual Balance Amount

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

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts use real money.

Duration/Expiry of Demo Accounts

  • Demo accounts usually remain active for 30 days, after which they may need to be renewed.

s broker Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

  • Must be a Muslim trader seeking a compliant trading option.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees for 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

  • Islamic accounts may have specific trading conditions that differ from standard accounts, such as restrictions on certain trading strategies.

FAQs – s broker Account Types & Opening

  1. What account types does s broker offer?
  • s broker 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: Virtual funds.
  1. How long does s broker account verification take?
  • Verification typically takes between 1 to 3 business days.
  1. Does s broker offer demo accounts?
  • Yes, s broker provides demo accounts for practice trading.
  1. Can I have multiple account types with s broker?
  • Yes, clients can open multiple account types.
  1. Does s broker offer Islamic/swap-free accounts?
  • Yes, Islamic accounts are available and comply with Sharia law.
  1. What documents do I need to open a s broker account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, account type changes can be requested through customer support.

s broker accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
s broker Account