STATER broker Accounts

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

Part 1: stater Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Suitable for beginners; access to a wide range of trading instruments.
• Target User Profile: Beginners.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; ideal for high-frequency traders.
• Target User Profile: Advanced traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads; commission based on trading volume.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools and analytics; priority customer support.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law; no interest charges.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: Virtual balance of $10,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk; access to all trading instruments.
• Target User Profile: Beginners and experienced traders wanting to test strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: stater Account Features Comparison

Detailed stater Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: $0

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: Variable

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: Based on trading volume

• Islamic: None

• 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: Instant

• 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 of $10,000; access to all trading instruments.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly interface.

• Access to educational resources.

• ECN Account:

• Tight spreads for high-frequency trading.

• Direct market access.

• Suitable for scalpers.

• Pro Account:

• Advanced trading tools.

• Personalized support.

• Flexible commission structure.

• Islamic Account:

• Compliant with Sharia law.

• No interest charges.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Practice strategies without financial risk.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may add up.

• Pro Account:

• Requires a higher minimum deposit.

• More complex for beginners.

• Islamic Account:

• Limited to Muslim traders.

• May have fewer features compared to standard accounts.

• Demo Account:

• No real money involved.

• Limited to virtual trading.

Part 3: stater Account Registration Requirements

Eligibility Criteria

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

• Geographic Restrictions: Available to residents of most countries; check specific restrictions.

• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

• Identity Verification Documents Needed:

• Government-issued photo ID (passport, driver's license).

• Social Security Number (for U.S. residents).

• Proof of Residence Requirements:

• Utility bill or bank statement showing your name and address.

• Additional Documentation for Professional Accounts:

• Proof of trading experience or financial statements may be required.

KYC/AML Compliance Procedures

• Complete identity verification through document submission.
• Provide additional information as required for compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

Verification Time Frames

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

Part 4: stater Account Opening Process

Step-by-Step stater Account Opening Guide

1. Visit Website and Click Registration: Go to the stater 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 account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
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 platforms, but mobile users may have a more streamlined experience with fewer steps.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are clear and in the correct format.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings to request an upgrade or downgrade. Additional documentation may be required.

Part 5: stater Demo Account Information

Demo Account Features and Benefits

• Provides a virtual balance for risk-free trading.
• Access to all trading instruments available in live accounts.
• Ideal for practicing strategies and familiarizing with the trading platform.

How to Open a Demo Account

• Select the demo account option on the stater website and complete the registration process.

Demo Account Limitations

• Limited to virtual trading; cannot withdraw or transfer funds.

Virtual Balance Amount

• Typically offers a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts require a minimum deposit.

Duration/Expiry of Demo Accounts

• Demo accounts may remain active for a limited time, typically 30-90 days, depending on the broker's policy.

Part 6: stater Islamic Account Details

Swap-Free/Islamic Account Availability

• stater offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different commission structures.

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 may have specific trading conditions that differ from standard accounts.

FAQs – stater Account Types & Opening

1. What account types does stater offer？

• stater 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: $0.

1. How long does stater account verification take？

• Verification typically takes 1-3 business days.

1. Does stater offer demo accounts？

• Yes, stater provides demo accounts with a virtual balance.

1. Can I have multiple account types with stater？

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

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

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

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

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

1. Can I change my account type after registration？

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