Standard Capital offers various account types tailored to different trading needs. Below is an overview of the available account types:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard Account | $100 | Variable spreads, no commission | Up to 1:500 | Full access to trading tools, educational resources | Beginner to Intermediate | Forex, CFDs, commodities |
| ECN Account | $500 | Low spreads, commission per trade | Up to 1:200 | Direct market access, faster execution | Advanced traders | Forex, commodities, indices |
| Pro Account | $1,000 | Tight spreads, lower commission | Up to 1:100 | Professional trading tools, priority support | Professional traders | Forex, commodities, indices |
| Islamic Account | $100 | Variable spreads, no commission | Up to 1:500 | Swap-free trading, compliant with Sharia law | Muslim traders | Forex, CFDs, commodities |
| Demo Account | N/A | N/A | N/A | Virtual trading environment, practice without risk | All levels | Forex, CFDs, commodities |
The following table compares the features across different account types:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $100 | N/A |
| Maximum Leverage | 1:500 | 1:200 | 1:100 | 1:500 | N/A |
| Spreads | Variable | Low | Tight | Variable | N/A |
| Commission Fees | None | Yes | Yes | None | N/A |
| Lot Size | Standard | Standard | Standard | Standard | N/A |
| Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | No | No | No | No | Yes |
To open a standard capital account, you must meet the following eligibility criteria:
Standard Capital adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address.
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
The registration process is similar on both desktop and mobile platforms, with minor differences in layout and navigation.
Most accounts are approved within 1-3 business days, depending on the completeness of the application.
To change your account type, contact Standard Capital's customer support for guidance on the process.
Demo Account Features and Benefits:
Access to real market conditions without financial risk.
Ability to practice trading strategies and familiarize yourself with the platform.
How to Open a Demo Account:
Visit the Standard Capital website and select the demo account option.
Fill in the required information and submit your application.
Demo Account Limitations:
Limited to virtual funds, which may restrict trading volume.
Virtual Balance Amount: Typically, demo accounts come with a virtual balance of $10,000 or more.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts usually remain active for 30 days, but this can vary by broker.
Swap-Free/Islamic Account Availability: Yes, Standard Capital offers Islamic accounts that comply with Sharia law.
Eligibility Requirements: Must be a Muslim trader seeking swap-free trading options.
Differences from Standard Accounts: Islamic accounts do not incur swap fees, making them suitable for long-term positions.
How to Apply for Islamic Account: Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions: Islamic accounts must adhere to specific trading conditions set by Standard Capital.
Explore broker markets account types: forex/trading accounts with demo access.