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Rating Index

Pros

No valid regulatory information, which may appeal to some traders seeking less oversight
Offers a range of trading markets, potentially attracting diverse trading strategies
User-friendly platform for basic trading needs

Cons

Lack of regulation raises concerns about safety and security of funds
High potential risk associated with trading through an unregulated broker
Limited transparency regarding fees and trading conditions

SHARE LINK broker Accounts

When considering trading with share link, it's essential to understand the various account types available. Each account type caters to different trading needs and preferences.

Account Type Minimum Deposit Spread/Commission Structure Leverage Options Key Features Target User Profile Trading Instruments Available
Standard $100 Variable spreads Up to 1:500 User-friendly interface, educational resources Beginners and casual traders Forex, commodities, indices
ECN $500 Low spreads + commission Up to 1:200 Direct market access, fast execution Advanced traders and professionals Forex, commodities, cryptocurrencies
Pro $1,000 Tight spreads + commission Up to 1:100 Advanced trading tools, priority support Institutional and high-volume traders Forex, commodities, indices, stocks
Islamic $500 Variable spreads Up to 1:200 Swap-free trading, compliant with Sharia law Muslim traders Forex, commodities, indices
Demo Free N/A N/A Practice trading without risk Beginners and those testing strategies Forex, commodities, indices

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

When comparing the features of different share link account types, consider the following aspects:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $500 Free
Maximum Leverage Up to 1:500 Up to 1:200 Up to 1:100 Up to 1:200 N/A
Spreads (Typical/Minimum) Variable Low Tight Variable N/A
Commission Fees None Yes Yes None N/A
Lot Size Micro Mini/Standard Standard Micro N/A
Available Trading Platforms MT4, MT5 MT4, MT5 Proprietary MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market N/A
Islamic Account Availability No Yes Yes Yes No
Swap-Free Options No No No Yes N/A
Demo Account Features N/A N/A N/A N/A Virtual balance of $10,000

Advantages and Disadvantages of Each Account Type

Standard Account

  • Advantages:
  • Low minimum deposit
  • User-friendly interface
  • Access to educational resources
  • Disadvantages:
  • Higher spreads compared to ECN
  • Limited advanced features

ECN Account

  • Advantages:
  • Low spreads
  • Direct market access
  • Fast execution speeds
  • Disadvantages:
  • Higher minimum deposit
  • Commission fees apply

Pro Account

  • Advantages:
  • Tight spreads
  • Priority support
  • Advanced trading tools
  • Disadvantages:
  • High minimum deposit
  • Commission fees apply

Islamic Account

  • Advantages:
  • Compliant with Sharia law
  • Swap-free trading
  • Disadvantages:
  • Higher minimum deposit than standard accounts

Demo Account

  • Advantages:
  • Risk-free trading environment
  • Practice with virtual funds
  • Disadvantages:
  • Limited to practice only
  • No real market exposure

Before opening a share link account, ensure you meet the following eligibility criteria:

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Availability may vary by country; check local regulations.
  • Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or driver's license)
  • Proof of residence (utility bill or bank statement)
  • Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

To comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, you will need to provide the necessary documentation during the registration process. This may include:

  • Verification of identity
  • Proof of income or financial status

Verification Time Frames

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

To open a share link account, follow these steps:

  1. Visit Website and Click Registration: Navigate to the share link website and select the registration option.
  2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
  3. Choose Account Type: Select the account type that best suits your trading needs.
  4. Set Trading Preferences: Specify your trading preferences, such as leverage and trading instruments.
  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 start trading.
  8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

  • Issue: Document upload failure.

    Solution: Ensure documents are clear and in the correct format (JPEG, PDF).

  • Issue: Account 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 completeness of the application and documentation.

How to Upgrade/Downgrade Account Types

To change your account type, contact customer support or use the account management section on the website to request an upgrade or downgrade.

Demo Account Features and Benefits

  • Practice Trading: Use virtual funds to practice trading without financial risk.
  • Access to Trading Tools: Utilize the same trading tools available in live accounts.
  • Learn Market Dynamics: Gain experience in market movements and trading strategies.

How to Open a Demo Account

To open a demo account, visit the share link website and select the demo account option. Follow the prompts to create your account.

Demo Account Limitations

  • Virtual Balance Amount: Typically set at $10,000.
  • Duration/Expiry of Demo Accounts: Demo accounts may expire after a certain period, usually 30 days.

Demo vs Live Account Differences

  • Risk: Demo accounts carry no financial risk, while live accounts involve real money.
  • Market Exposure: Live accounts provide exposure to real market conditions.

Swap-Free/Islamic Account Availability

share link offers Islamic accounts that comply with Sharia law, allowing Muslim traders to participate without incurring interest.

Eligibility Requirements

To qualify for an Islamic account, you must provide proof of your religious beliefs and comply with the standard account opening requirements.

Differences from Standard Accounts

Islamic accounts are swap-free and may have different fee structures compared to standard accounts.

How to Apply for Islamic Account

You can apply for an Islamic account during the registration process by selecting the Islamic account option.

Restrictions or Special Conditions

Islamic accounts may have specific conditions regarding trading instruments and account management.

  1. What account types does share link offer?

    share link offers several account types, including Standard, ECN, Pro, Islamic, and Demo accounts.

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

    The minimum deposits are as follows: Standard - $100, ECN - $500, Pro - $1,000, Islamic - $500, and Demo - Free.

  3. How long does share link account verification take?

    Account verification typically takes 1-3 business days.

  4. Does share link offer demo accounts?

    Yes, share link provides demo accounts for practice trading.

  5. Can I have multiple account types with share link?

    Yes, you can have multiple account types, subject to the broker's policies.

  6. Does share link offer Islamic/swap-free accounts?

    Yes, share link offers Islamic accounts that are compliant with Sharia law.

  7. What documents do I need to open a share link account?

    You will need a government-issued ID and proof of residence.

  8. Can I change my account type after registration?

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

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