Seashell broker Accounts

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

Part 1: seashell 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: Basic trading features, access to major currency pairs
• Target User Profile: Beginner to intermediate traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips + $5 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, ideal for scalping
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads from 1.0 pip
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: No swap fees, compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds, access to all trading instruments
• Target User Profile: All levels, especially beginners
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: Standard or Islamic Account
• Advanced: ECN Account
• Professional: Pro Account

Part 2: Detailed seashell Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.0 pips (raw)

• Pro: 1.0 pip

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: None

• Islamic: None

• Demo: None

• 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

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• 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:

• Virtual balance for practice

• Access to all trading instruments

• No time limit on usage

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Suitable for beginners

• Access to major trading instruments

• ECN Account:

• Lower spreads for high-frequency trading

• Direct market access

• Ideal for scalping strategies

• Pro Account:

• Advanced trading tools

• Fixed spreads for better predictability

• Priority customer support

• Islamic Account:

• No swap fees

• Compliant with Islamic finance principles

• Access to all trading instruments

• Demo Account:

• Risk-free trading environment

• Helps in learning trading strategies

• No financial commitment required

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may reduce profitability

• Pro Account:

• High minimum deposit

• Limited to experienced traders

• Islamic Account:

• Limited availability in some regions

• May have fewer features compared to other accounts

• Demo Account:

• No real financial gain

• May not reflect live market conditions accurately

Part 3: seashell Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries, but may be restricted in certain jurisdictions
• Prohibited Countries: Specific countries may be restricted due to regulatory compliance (exact list not provided)
• Identity Verification Documents Needed:
• Government-issued ID (passport, national ID)
• Proof of address (utility bill, bank statement)
• Proof of Residence Requirements: Recent documents showing the current address
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

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

Verification Time Frames

• Typical Verification Time: 1-3 business days, depending on the completeness of submitted documents

Part 4: seashell Account Opening Process

Step-by-Step seashell Account Opening Guide

1. Visit Website and Click Registration: Go to the official seashell 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, Islamic, or Demo).
4. Set Trading Preferences: Indicate trading preferences and leverage options.
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 the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Desktop Registration: Typically more straightforward with a larger interface for document uploads.
• Mobile Registration: May have app-specific features but could be limited in document handling.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality

• Solution: Ensure all documents are clear and legible before uploading.

• Issue: Delays in verification

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typical Approval Time: 1-3 business days

How to Upgrade/Downgrade Account Types

• Process: Contact customer support to request an upgrade or downgrade of the account type.

Part 5: seashell Demo Account Guide

Demo Account Features and Benefits

• Virtual Trading Environment: Practice trading without financial risk.
• Access to All Instruments: Trade all available instruments as in a live account.
• Learning Tool: Ideal for beginners to learn trading strategies.

How to Open a Demo Account

• Process: Select the Demo Account option during registration and follow the prompts.

Demo Account Limitations

• Time Limit: May have a set duration or expiry after inactivity.
• No Real Financial Gains: All trades are simulated.

Virtual Balance Amount

• Typical Amount: Often set to $10,000 or similar for practice.

Demo vs Live Account Differences

• Demo Account: No real money involved; trades do not affect financial status.
• Live Account: Real money involved; actual financial implications.

Duration/Expiry of Demo Accounts

• Typical Duration: Often valid for 30 days or until a specified period of inactivity.

Part 6: seashell Islamic Account Details

Swap-Free/Islamic Account Availability

• Availability: Yes, Islamic accounts are offered across various account types.

Eligibility Requirements

• Requirements: Must declare the need for an Islamic account during registration.

Differences from Standard Accounts

• No Swap Fees: Islamic accounts do not incur overnight swap fees.

How to Apply for Islamic Account

• Process: Select the Islamic account option during the account type selection in the registration process.

Restrictions or Special Conditions

• Conditions: Must comply with Sharia law; no interest-bearing transactions.

FAQs – seashell Account Types & Opening

1. What account types does seashell offer？

• Seashell 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 seashell account verification take？

• Verification typically takes 1-3 business days.

1. Does seashell offer demo accounts？

• Yes, seashell provides demo accounts for practice trading.

1. Can I have multiple account types with seashell？

• Yes, you can have multiple account types, but you may need to contact support for management.

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

• Yes, seashell offers Islamic accounts that are swap-free.

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

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.