ST Global Markets broker Accounts

st global markets Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: st global markets Account Types Explained

ST Global Markets offers a variety of account types designed to cater to different trading needs and preferences. Below is a detailed overview of the available account types, including their features and requirements.

1. Standard Account

• Minimum Deposit Requirement: $50
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features:
• Access to a wide range of trading instruments
• Suitable for beginners and casual traders
• Target User Profile: Beginner to intermediate traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips with a commission fee
• Leverage Options: Up to 1:200
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, commodities, and indices

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads with lower commissions
• Leverage Options: Up to 1:300
• Key Features:
• Tailored for professional traders
• Advanced trading tools and features
• Target User Profile: Professional and institutional traders
• Trading Instruments Available: Forex, commodities, indices, and stocks

4. Islamic Account

• Minimum Deposit Requirement: $50
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features:
• Swap-free trading options
• Complies with Islamic finance principles
• Target User Profile: Muslim traders seeking compliant trading solutions
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulated trading conditions
• Leverage Options: N/A
• Key Features:
• Practice trading without financial risk
• Access to the same trading platform as live accounts
• Target User Profile: Beginners and traders looking to test strategies
• Trading Instruments Available: Same as live accounts

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Standard Account, Islamic Account
• Advanced: ECN Account, Pro Account
• Professional: Pro Account

Part 2: Detailed st global markets Account Features

Account Features Comparison

The following features are compared across the different account types available at ST Global Markets:

• Minimum Deposit:

• Standard: $50

• ECN: $500

• Pro: $1,000

• Islamic: $50

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:500

• Demo: N/A

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: Competitive

• Islamic: Similar to Standard

• Demo: Simulated

• Commission Fees:

• Standard: None

• ECN: Applicable

• Pro: Lower than Standard

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, 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: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Virtual balance for practice

• Full access to trading instruments

• Duration typically unlimited but may vary

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly for beginners
• Access to various trading instruments
• Disadvantages:
• Higher spreads compared to ECN accounts
• Limited advanced features

ECN Account

• Advantages:
• Tight spreads and direct market access
• Suitable for high-frequency trading
• Faster execution speeds
• Disadvantages:
• Higher minimum deposit
• Commission fees may apply

Pro Account

• Advantages:
• Tailored for professional traders
• Lower commission fees
• Access to advanced trading tools
• Disadvantages:
• High minimum deposit
• May not be suitable for casual traders

Islamic Account

• Advantages:
• Complies with Islamic finance principles
• Swap-free trading options
• Disadvantages:
• Limited to specific account types
• May have fewer features than standard accounts

Demo Account

• Advantages:
• Risk-free trading environment
• Ideal for practice and strategy testing
• Disadvantages:
• No real financial gain
• Limited duration for some accounts

Part 3: st global markets Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific restrictions may apply based on local regulations.
• Prohibited Countries: Residents from certain countries may not be eligible to open an account (specific countries not listed).
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide documentation showing current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• ST Global Markets adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and source of funds.

Verification Time Frames

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

Part 4: Step-by-Step st global markets Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the ST Global Markets website and select the "Open Account" option.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading platform.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the account to be verified by the ST Global Markets team.
7. Fund Your Account: Once approved, deposit funds into your account to start trading.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the interface may vary slightly.

Common Registration Issues and Solutions

• Email Not Received: Check spam folders or ensure the email address is correct.
• Failed Verification: Ensure all documents are clear and legible; follow instructions in the notification email for corrections.

Average Account Approval Time

• Typically, account approval takes 1 to 3 business days, depending on the completeness of the documentation.

How to Upgrade/Downgrade Account Types

• To change account types, contact customer support to request an upgrade or downgrade, providing any necessary documentation.

Part 5: st global markets Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice trading strategies using virtual funds without financial risk. It provides access to the same trading instruments and platforms as live accounts.

How to Open a Demo Account

• Visit the ST Global Markets website, select "Open Demo Account," and follow the registration process similar to that of a live account.

Demo Account Limitations

• The demo account may have a limited duration or virtual balance, depending on the broker's policies.

Virtual Balance Amount

• The virtual balance amount is typically set at a standard amount (e.g., $10,000) for practice trading.

Demo vs Live Account Differences

• The primary difference is that demo accounts use virtual funds, while live accounts involve real money and actual market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may remain active for an extended period, but some brokers may impose a time limit or require periodic reactivation.

Part 6: st global markets Islamic Account Details

Swap-Free/Islamic Account Availability

• ST Global Markets offers Islamic accounts that comply with Sharia law, allowing traders to engage in swap-free trading.

Eligibility Requirements

• Traders must declare their intent to open an Islamic account and may need to provide additional documentation.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions or limitations compared to standard accounts.

FAQs – st global markets Account Types & Opening

1. What account types does st global markets offer？

• ST Global Markets offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $50, ECN: $500, Pro: $1,000, Islamic: $50, Demo: N/A.

1. How long does st global markets account verification take？

• Account verification typically takes 1 to 3 business days.

1. Does st global markets offer demo accounts？

• Yes, ST Global Markets offers demo accounts for practice trading.

1. Can I have multiple account types with st global markets？

• Yes, traders can open multiple account types as needed.

1. Does st global markets offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for traders seeking swap-free options.

1. What documents do I need to open a st global markets account？

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

1. Can I change my account type after registration？

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