Shard Capital broker Accounts

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

Part 1: shard capital Account Types Overview

shard capital Account Types Explained

Shard Capital offers a variety of account types tailored to meet the diverse needs of traders. Below is an overview of the available account types, including their key features and target user profiles.

Recommended account types by trader level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• All Levels: Demo Account

Part 2: shard capital Account Features Comparison

Detailed shard capital Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to a wide range of instruments

• ECN Account:

• Low spreads and fast execution

• Direct market access

• Ideal for high-frequency trading

• Pro Account:

• Fixed spreads for predictable costs

• Advanced trading tools and analytics

• Suitable for professional traders

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Limited features compared to advanced accounts

• Higher spreads than ECN accounts

• ECN Account:

• Higher minimum deposit requirement

• Commission fees can add to trading costs

• Pro Account:

• Higher minimum deposit requirement

• More complex for beginners

• Islamic Account:

• Limited availability of features compared to other accounts

• Demo Account:

• No real money trading experience

• Limited duration of use

Part 3: shard capital Account Opening Requirements

shard capital Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of the UK, Channel Islands, and select international locations.
• Prohibited Countries: Specific countries may be restricted; check with Shard Capital for the latest list.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents (not older than 3 months) showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or business registration documents.

KYC/AML Compliance Procedures

Shard Capital adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. All clients must provide the necessary documentation for identity verification.

Verification Time Frames

The verification process typically takes 1-3 business days, depending on the completeness of the submitted documentation.

Part 4: shard capital Account Opening Process

Step-by-Step shard capital Account Opening Guide

1. Visit the Website and Click Registration: Go to the Shard Capital website and select the registration option.
2. Personal Information Entry: Fill in your personal details, including name, address, and contact information.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document upload failures
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Delays in verification
• Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

To change your account type, contact Shard Capital's customer support for guidance on the process and any additional requirements.

Part 5: shard capital Demo Account Information

shard capital Demo Account Guide

Demo Account Features and Benefits

• Practice trading in a risk-free environment
• Access to all trading instruments available in live accounts
• Ability to test strategies without financial risk

How to Open a Demo Account

1. Visit the Shard Capital website.
2. Click on the demo account registration link.
3. Fill in the required personal information.
4. Submit the registration form.

Demo Account Limitations

• Limited duration (usually 30-90 days)
• Virtual funds only, no real trading experience

Virtual Balance Amount

Typically, demo accounts are funded with a virtual balance of £10,000, but this may vary.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Live accounts may incur trading fees and commissions, while demo accounts do not.

Duration/Expiry of Demo Accounts

Demo accounts generally expire after 30-90 days of inactivity, after which you may need to re-register.

Part 6: shard capital Islamic Account Details

shard capital Islamic Account Details

Swap-Free/Islamic Account Availability

Shard Capital offers Islamic accounts that comply with Sharia law, meaning they do not incur swap fees.

Eligibility Requirements

To qualify for an Islamic account, clients must declare their religious beliefs and provide necessary identification.

Differences from Standard Accounts

Islamic accounts do not have swap fees, making them suitable for Muslim traders who cannot engage in interest-based transactions.

How to Apply for Islamic Account

1. Select the Islamic account option during the registration process.
2. Provide the required documentation confirming eligibility.
3. Complete the registration process as per standard accounts.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions, including limitations on certain instruments or trading strategies.

FAQs – shard capital Account Types & Opening

1. What account types does shard capital offer？

• Shard Capital offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard Account: £1,000, ECN Account: £5,000, Pro Account: £10,000, Islamic Account: £1,000, Demo Account: Free.

1. How long does shard capital account verification take？

• Verification typically takes 1-3 business days.

1. Does shard capital offer demo accounts？

• Yes, Shard Capital offers demo accounts for practice trading.

1. Can I have multiple account types with shard capital？

• Yes, clients can open multiple account types, subject to the minimum deposit requirements.

1. Does shard capital offer Islamic/swap-free accounts？

• Yes, Shard Capital provides Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

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