SIGMA broker Accounts

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

Part 1: sigma Account Types Overview

sigma Account Types Explained

Sigma offers various account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type available:

Recommended Account Types by Trader Level

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

Part 2: sigma Account Features Comparison

Detailed sigma Account Features

The following table compares the features across different sigma account types:

Advantages and Disadvantages of Each Account Type

• Standard Account

• Advantages: Low minimum deposit, user-friendly.

• Disadvantages: Higher spreads, limited features for advanced trading.

• ECN Account

• Advantages: Low spreads, direct market access.

• Disadvantages: Higher minimum deposit, commission fees apply.

• Pro Account

• Advantages: Advanced tools, lower commission.

• Disadvantages: High minimum deposit, not suitable for beginners.

• Islamic Account

• Advantages: Compliant with Sharia law, swap-free.

• Disadvantages: Limited availability, similar features to ECN.

• Demo Account

• Advantages: Risk-free practice, full feature access.

• Disadvantages: Virtual funds only, no real trading experience.

Part 3: sigma Account Opening Requirements

sigma Account Registration Requirements

To open a sigma account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available globally, but may have restrictions based on local laws.
• Prohibited Countries: Specific countries may be restricted; check with sigma for details.
• 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

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Verification time frames typically range from 1 to 3 business days, depending on the volume of applications.

Part 4: sigma Account Opening Process

Step-by-Step sigma Account Opening Guide

1. Visit Website and Click Registration: Go to the sigma 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 desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including 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 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, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct format (PDF or JPEG).
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1 to 3 business days.

How to Upgrade/Downgrade Account Types

• Account types can be changed by contacting customer support and following their instructions.

Part 5: sigma Demo Account Information

sigma Demo Account Guide

• Demo Account Features and Benefits: Offers a risk-free environment to practice trading with virtual funds.
• How to Open a Demo Account: Select the demo account option during the registration process.
• Demo Account Limitations: Limited to virtual trading; no real profits can be made.
• Virtual Balance Amount: Typically offers a virtual balance of $10,000 or more.
• Demo vs Live Account Differences: Demo accounts use virtual funds, while live accounts involve real money trading.
• Duration/Expiry of Demo Accounts: Demo accounts usually remain active for 30 days, but this may vary by provider.

Part 6: sigma Islamic Account Details

sigma Islamic Account Details

• Swap-Free/Islamic Account Availability: Available for traders who require compliance with Sharia law.
• Eligibility Requirements: Must provide documentation confirming Muslim status.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees.
• How to Apply for Islamic Account: Select the Islamic account option during registration and provide necessary documentation.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles.

FAQs – sigma Account Types & Opening

1. What account types does sigma offer？

• Sigma 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 sigma account verification take？

• Verification typically takes 1 to 3 business days.

1. Does sigma offer demo accounts？

• Yes, sigma offers demo accounts for practice trading.

1. Can I have multiple account types with sigma？

• Yes, traders can have multiple account types.

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

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

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

• A government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.