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 |
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 |
Before opening a share link account, ensure you meet the following eligibility criteria:
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:
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:
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.
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.
The average account approval time is between 1-3 business days, depending on the completeness of the application and documentation.
To change your account type, contact customer support or use the account management section on the website to request an upgrade or downgrade.
To open a demo account, visit the share link website and select the demo account option. Follow the prompts to create your account.
share link offers Islamic accounts that comply with Sharia law, allowing Muslim traders to participate without incurring interest.
To qualify for an Islamic account, you must provide proof of your religious beliefs and comply with the standard account opening requirements.
Islamic accounts are swap-free and may have different fee structures compared to standard accounts.
You can apply for an Islamic account during the registration process by selecting the Islamic account option.
Islamic accounts may have specific conditions regarding trading instruments and account management.
What account types does share link offer?
share link offers several account types, including Standard, ECN, Pro, Islamic, and Demo accounts.
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.
How long does share link account verification take?
Account verification typically takes 1-3 business days.
Does share link offer demo accounts?
Yes, share link provides demo accounts for practice trading.
Can I have multiple account types with share link?
Yes, you can have multiple account types, subject to the broker's policies.
Does share link offer Islamic/swap-free accounts?
Yes, share link offers Islamic accounts that are compliant with Sharia law.
What documents do I need to open a share link account?
You will need a government-issued ID and proof of residence.
Can I change my account type after registration?
Yes, you can request to upgrade or downgrade your account type through customer support.
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