STK broker Accounts

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

Part 1: stk Account Types Overview

stk Account Types Explained

The stk platform offers various account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type, including their specific features and requirements.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commissions.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, access to all trading instruments.
• Target User Profile: Beginners and 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, commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.5 pips, no commissions.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

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

5. 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: Risk-free trading environment, practice trading strategies.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Same as Standard Account.

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

Part 2: stk Account Features Comparison

Detailed stk Account Features

When choosing an stk account type, it‘s essential to compare the features across different accounts. Here’s a breakdown:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual balance

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 1.5 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: None

• Islamic: None

• Demo: 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: 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 of $10,000, access to all instruments, same trading conditions as Standard.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly interface.

• Access to a wide range of instruments.

• ECN Account:

• Tight spreads and low commissions.

• Fast execution speeds.

• Ideal for scalping.

• Pro Account:

• Advanced trading tools.

• Priority customer support.

• Suitable for professional traders.

• Islamic Account:

• Complies with Sharia law.

• No swap fees.

• Flexible trading conditions.

• Demo Account:

• Risk-free trading environment.

• Practice strategies without financial risk.

• Unlimited access to trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• High minimum deposit.

• May not be suitable for beginners.

• Islamic Account:

• Limited to swap-free conditions.

• May have restrictions on certain instruments.

• Demo Account:

• No real money involved.

• Limited duration for practice.

Part 3: stk Account Opening Requirements

stk Account Registration Requirements

To open an stk account, traders must meet specific eligibility criteria and provide necessary documentation.

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; however, specific regions may have restrictions.
• Prohibited Countries: Countries under international sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Recent document showing name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• All applicants must undergo Know Your Customer (KYC) verification to prevent fraud.
• Anti-Money Laundering (AML) checks are conducted to ensure compliance with regulations.

Verification Time Frames

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

Part 4: stk Account Opening Process

Step-by-Step stk Account Opening Guide

Follow these steps to successfully open an stk account:

1. Visit Website and Click Registration: Go to the official stk website and find the registration link.
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 identification and proof of residence 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 experience a simplified interface.

Common Registration Issues and Solutions

• Issue: Document rejection.
• Solution: Ensure documents are clear and meet the requirements.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Most accounts are approved within 1-3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

• Users can request changes to their account type through the customer support portal or account management section.

Part 5: stk Demo Account Information

stk Demo Account Guide

The stk demo account allows traders to practice their strategies without financial risk.

Demo Account Features and Benefits

• Access to all trading instruments.
• Virtual balance of $10,000.
• Risk-free environment for testing strategies.

How to Open a Demo Account

• Visit the stk website and select the demo account option.
• Fill out the registration form and submit.

Demo Account Limitations

• Limited duration (typically 30 days).
• No real money involved.

Virtual Balance Amount

• Traders receive a virtual balance of $10,000 to practice with.

Demo vs Live Account Differences

• Demo accounts simulate real trading conditions but do not involve actual funds.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but users may request extensions.

Part 6: stk Islamic Account Details

stk Islamic Account Details

The stk platform offers Islamic accounts to accommodate traders who require swap-free trading conditions.

Swap-Free/Islamic Account Availability

• Islamic accounts are available for all account types, including Standard and ECN.

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, aligning with Sharia law.

How to Apply for Islamic Account

• During the registration process, select the Islamic account option or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limitations on certain instruments.

FAQs – stk Account Types & Opening

1. What account types does stk offer？

• stk 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: Virtual balance.

1. How long does stk account verification take？

• Verification typically takes 1-3 business days.

1. Does stk offer demo accounts？

• Yes, stk offers demo accounts with a virtual balance for practice.

1. Can I have multiple account types with stk？

• Yes, traders can hold multiple account types.

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

• Yes, Islamic accounts are available for all account types.

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

• A government-issued 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 customer support.