stone capital Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
stone capital Account Types Explained
Stone Capital offers a variety of account types tailored to different trading needs and profiles. Below is a detailed overview of each account type available.
1. Standard Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
- Leverage Options: Up to 1:100.
- Key Features: Basic trading tools, access to major currency pairs, and educational resources.
- Target User Profile: Beginners and casual traders.
- Trading Instruments Available: Forex, commodities, and indices.
2. ECN Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $5 per lot.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access, faster execution speeds, and lower spreads.
- Target User Profile: Intermediate to advanced traders.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
3. Pro Account
- Minimum Deposit Requirement: $5,000
- Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $3 per lot.
- Leverage Options: Up to 1:400.
- Key Features: Advanced trading tools, dedicated account manager, and priority customer support.
- Target User Profile: Professional traders and institutions.
- Trading Instruments Available: Forex, commodities, indices, stocks, and cryptocurrencies.
4. Islamic Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Similar to Standard or ECN accounts but swap-free.
- Leverage Options: Up to 1:200.
- Key Features: Complies with Sharia law, no interest fees.
- Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
- Trading Instruments Available: Forex and commodities.
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds).
- Spread/Commission Structure: Same as Standard account.
- Leverage Options: Same as Standard account.
- Key Features: Practice trading with virtual funds, access to all trading tools.
- Target User Profile: Beginners and traders wanting to test strategies.
- Trading Instruments Available: Forex, commodities, and indices.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account
- Intermediate: ECN Account
- Advanced/Professional: Pro Account
- Muslim Traders: Islamic Account
Detailed stone capital Account Features
Comparison of Features Across Different Account Types
Advantages and Disadvantages of Each Account Type
Standard Account
- Advantages:
- Low minimum deposit.
- No commission fees.
- Suitable for beginners.
- Disadvantages:
- Higher spreads compared to ECN accounts.
- Limited advanced trading features.
ECN Account
- Advantages:
- Access to raw spreads.
- Faster execution speeds.
- Suitable for scalpers and high-frequency traders.
- Disadvantages:
- Higher minimum deposit.
- Commission fees apply.
Pro Account
- Advantages:
- Low commission fees.
- High leverage options.
- Dedicated account manager.
- Disadvantages:
- High minimum deposit requirement.
- More complex for beginners.
Islamic Account
- Advantages:
- Complies with Sharia law.
- No interest fees.
- Disadvantages:
- Limited to specific trading instruments.
- Higher minimum deposit compared to Standard.
Demo Account
- Advantages:
- Risk-free trading environment.
- Access to all trading tools.
- Disadvantages:
- Virtual funds only.
- No real market experience.
stone capital Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available in most countries; specific restrictions may apply.
- Prohibited Countries: Specific countries may be restricted based on regulatory compliance (details not specified).
- Identity Verification Documents Needed: Government-issued ID (passport or drivers license).
- Proof of Residence Requirements: Utility bill or bank statement showing current address.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
- Stone Capital adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to provide necessary documentation for identity verification.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Step-by-Step stone capital Account Opening Guide
Detailed Registration Process
- Visit Website: Go to the Stone Capital website.
- Click Registration: Locate and click on the "Register" button.
- Personal Information Entry: Fill out personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type from the options provided.
- Set Trading Preferences: Specify trading preferences and risk tolerance.
- Document Upload: Upload required identity verification documents.
- Account Verification: Wait for the account to be verified by Stone Capital.
- Fund Your Account: Deposit funds into your account using the available payment methods.
- Start Trading: Once funded, 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 a simplified layout for ease of use.
Common Registration Issues and Solutions
- Issue: Document upload failure.
- Solution: Ensure documents are in the correct format and within size limits.
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Typically, account approval takes 1-3 business days, depending on document verification.
How to Upgrade/Downgrade Account Types
- Clients can request to upgrade or downgrade their account type through the client portal or by contacting customer support.
stone capital Demo Account Guide
Demo Account Features and Benefits
- The demo account allows users to practice trading with virtual funds, access to all trading tools, and experience real market conditions without financial risk.
How to Open a Demo Account
- Visit the Stone Capital website, navigate to the demo account section, and 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 trading experience.
Virtual Balance Amount
- The demo account typically comes with a virtual balance of $10,000.
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 may have a set duration, often expiring after 30 days of inactivity.
stone capital Islamic Account Details
Swap-Free/Islamic Account Availability
- Stone Capital offers Islamic accounts that comply with Sharia law, allowing trading without interest fees.
Eligibility Requirements
- Clients must indicate their preference for an Islamic account during the registration process.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, making them suitable for Muslim traders.
How to Apply for Islamic Account
- Clients can select the Islamic account option during the account registration process.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions that differ from standard accounts, such as limited trading instruments.
FAQs – stone capital Account Types & Opening
- What account types does stone capital offer?
- Stone Capital offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $500, ECN: $1,000, Pro: $5,000, Islamic: $1,000, Demo: N/A.
- How long does stone capital account verification take?
- Account verification typically takes 1-3 business days.
- Does stone capital offer demo accounts?
- Yes, Stone Capital offers demo accounts for practice trading.
- Can I have multiple account types with stone capital?
- Yes, clients can open multiple account types.
- Does stone capital offer Islamic/swap-free accounts?
- Yes, Stone Capital offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a stone capital account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, clients can request to upgrade or downgrade their account type.
STONE Capital Group accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .