SHIJIXING broker Accounts

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

Part 1: shijixing Account Types Overview

shijixing Account Types Explained

shijixing offers several account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.0 pip, commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, swap-free
• Leverage Options: Up to 1:500
• Key Features: Compliant with Islamic finance principles
• 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
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: shijixing Account Features Comparison

Detailed shijixing Account Features

When considering which shijixing account type to choose, its important to compare the features across different accounts:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.0 pips

• Pro: From 1.0 pip

• Islamic: Similar to Standard or ECN

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: 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: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance: $100,000

• Duration: 30 days

• Expiry: After 30 days of inactivity

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly interface
• Access to a wide range of instruments
• Disadvantages:
• Higher spreads compared to ECN
• Limited advanced features

ECN Account

• Advantages:
• Raw spreads
• Direct market access
• Suitable for scalping
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Lower commission fees
• Advanced trading tools
• Priority customer support
• Disadvantages:
• Higher minimum deposit
• Not suitable for beginners

Islamic Account

• Advantages:
• Compliant with Islamic finance principles
• No swap fees
• Disadvantages:
• Higher minimum deposit than Standard
• Limited availability

Demo Account

• Advantages:
• Risk-free trading
• Practice with virtual funds
• Disadvantages:
• Limited duration
• No real market experience

Part 3: shijixing Account Opening Requirements

shijixing Account Registration Requirements

To open a shijixing account, you must meet the following eligibility criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.

• Prohibited Countries: Countries under international sanctions may be restricted.

• Identity Verification Documents Needed:

• Valid government-issued ID (passport or national ID)

• Proof of residence (utility bill or bank statement)

• Additional Documentation for Professional Accounts: May include financial statements or proof of trading experience.

• KYC/AML Compliance Procedures:

• Complete identity verification process

• Submit required documents for verification

• Verification Time Frames: Typically takes 1-3 business days for account verification.

Part 4: shijixing Account Opening Process

Step-by-Step shijixing Account Opening Guide

1. Visit Website and Click Registration: Go to the official shijixing website and locate the registration button.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
3. Choose Account Type: Select the account type you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Once verified, 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 platforms, but mobile may have additional verification steps.
• Common Registration Issues and Solutions: Ensure all documents are clear and legible; check for matching names and addresses.
• Average Account Approval Time: 1-3 business days.
• How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.

Part 5: shijixing Demo Account Information

shijixing Demo Account Guide

• Demo Account Features and Benefits:

• Practice trading without financial risk

• Access to real market conditions

• Use of virtual funds to test strategies

• How to Open a Demo Account: Follow the same registration process as for live accounts, selecting the demo option.

• Demo Account Limitations:

• Limited duration of 30 days

• Virtual funds only

• Virtual Balance Amount: $100,000 for practice.

• Demo vs Live Account Differences: Demo accounts use virtual funds and do not reflect real market conditions.

• Duration/Expiry of Demo Accounts: Accounts expire after 30 days of inactivity.

Part 6: shijixing Islamic Account Details

shijixing Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, shijixing offers Islamic accounts compliant with Sharia law.
• Eligibility Requirements: Must provide documentation confirming Islamic status.
• Differences from Standard Accounts: No swap fees; similar trading conditions as Standard or ECN accounts.
• How to Apply for Islamic Account: Indicate the request during the account registration process or contact customer support.
• Restrictions or Special Conditions: Must adhere to Islamic finance principles.

FAQs – shijixing Account Types & Opening

1. What account types does shijixing offer？

• shijixing 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: $500, Demo: N/A.

1. How long does shijixing account verification take？

• Verification typically takes 1-3 business days.

1. Does shijixing offer demo accounts？

• Yes, shijixing provides a demo account for practice trading.

1. Can I have multiple account types with shijixing？

• Yes, you can open multiple accounts with different types.

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

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

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

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

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.