Star Store broker Accounts

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

star store Account Types Explained

The star store offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types:

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: Ideal for beginners, access to educational resources, and a user-friendly interface.
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

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

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pip with no commission
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, priority customer support, and tailored services.
• Target User Profile: Experienced traders and institutions
• Trading Instruments Available: Forex, commodities, indices, stocks

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading compliant with Islamic law.
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. 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, access to all trading instruments.
• Target User Profile: All traders, especially beginners
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed star store Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly interface

• Access to educational resources

• Suitable for beginners

• ECN Account:

• Direct market access

• Lower spreads

• Faster execution

• Ideal for scalpers and day traders

• Pro Account:

• Tailored services for experienced traders

• Advanced trading tools

• No commission fees

• Priority customer support

• Islamic Account:

• Compliant with Islamic law

• Swap-free trading

• Low minimum deposit

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading environment

• Access to all trading instruments

• Ideal for practice and strategy testing

• No time limit on practice

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• High minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited availability of advanced features

• May have higher spreads

• Demo Account:

• Virtual funds only

• No real market experience

star store Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but certain countries may be restricted.
• Prohibited Countries: Specific countries may be restricted due to regulatory compliance.
• Identity Verification Documents Needed: Government-issued ID (passport or drivers license).
• Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address.
• Additional Documentation for Professional Accounts: Proof of trading experience and financial status may be required.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Verification of identity and address is mandatory before account activation.

Verification Time Frames

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

Step-by-Step star store Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the star store website and locate the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account verification process to complete.
7. Fund Your Account: 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, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure documents are clear and legible before uploading.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average account approval time is 1-3 business days, depending on the completeness of the submitted documents.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through their account settings or by contacting customer support.

star store Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice with virtual funds, access all trading instruments, and test strategies without risk.

How to Open a Demo Account

• Visit the star store website and select the demo account option, then follow the registration steps similar to opening a live account.

Demo Account Limitations

• The demo account is limited to virtual funds and does not provide real market experience.

Virtual Balance Amount

• The demo account typically comes with a virtual balance of $100,000 for practice.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money and market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for a specified period, often 30 days, but can be extended upon request.

star store Islamic Account Details

Swap-Free/Islamic Account Availability

• The star store offers an Islamic account that is compliant with Islamic law, allowing for swap-free trading.

Eligibility Requirements

• Traders must declare their need for an Islamic account and provide relevant documentation.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and have similar features to standard accounts.

How to Apply for Islamic Account

• Apply for an Islamic account during the registration process by selecting the appropriate option.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as higher spreads compared to standard accounts.

FAQs – star store Account Types & Opening

1. What account types does star store offer？

• The star store 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: $100, Demo: N/A.

1. How long does star store account verification take？

• Verification typically takes 1-3 business days.

1. Does star store offer demo accounts？

• Yes, the star store offers demo accounts for practice.

1. Can I have multiple account types with star store？

• Yes, traders can have multiple account types.

1. Does star store offer Islamic/swap-free accounts？

• Yes, the star store offers Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, users can request to upgrade or downgrade their account type.