Strateo offers a variety of account types designed to cater to different trading needs and profiles. Below is an overview of the available account types:
| Account Type | Minimum Deposit | Spread Type | Leverage | Key Features | Target User |
|---|---|---|---|---|---|
| Standard | CHF 0 | Variable | 1:30 | User-friendly | Beginners |
| ECN | CHF 1,000 | Raw | 1:100 | Direct access | Intermediate |
| Pro | CHF 5,000 | Fixed | 1:200 | Advanced tools | Professionals |
| Islamic | CHF 1,000 | Variable | 1:100 | Swap-free | Muslim traders |
| Demo | Virtual balance | Similar | Same | Practice trading | All levels |
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | CHF 0 | CHF 1,000 | CHF 5,000 | CHF 1,000 | Virtual balance |
| Maximum Leverage | 1:30 | 1:100 | 1:200 | 1:100 | Same as live accounts |
| Typical Spread | 1.5 pips | 0.0 pips | 1.0 pip | Variable | Similar to live accounts |
| Commission Fees | None | CHF 5/lot | None | None | None |
| Lot Size | Standard | Standard | Standard | Standard | Standard |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | Market |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | No | No | No | No | Yes |
Standard Account:
No minimum deposit requirement.
Ideal for beginners.
Access to educational resources.
ECN Account:
Lower spreads and commissions.
Direct market access for better execution.
Suitable for high-frequency traders.
Pro Account:
Advanced trading tools and features.
Dedicated support for professional traders.
Higher leverage options.
Islamic Account:
Compliance with Sharia law.
No swap fees.
Suitable for Muslim traders.
Demo Account:
Risk-free trading environment.
Ability to practice strategies.
Access to all trading instruments.
Standard Account:
Higher spreads compared to ECN accounts.
Limited advanced features.
ECN Account:
Higher minimum deposit requirement.
Commission fees may add up for frequent traders.
Pro Account:
High minimum deposit requirement.
May not be suitable for casual traders.
Islamic Account:
Limited availability of certain instruments.
Similar requirements as ECN accounts.
Demo Account:
Virtual funds may not reflect real market conditions.
Limited duration for practice.
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to residents of over 100 countries, specific restrictions may apply.
Prohibited Countries: Countries under international sanctions or restrictions may not be eligible.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID card).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
Business registration documents (if applicable).
Proof of trading experience or qualifications.
KYC/AML Compliance Procedures:
All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification may include background checks and source of funds verification.
Verification Time Frames:
Typically, account verification takes 1-3 business days, depending on the completeness of documentation submitted.
Issue: Not receiving verification email.
Solution: Check the spam folder or ensure the email address is entered correctly.
Issue: Document upload failures.
Solution: Ensure documents are in the correct format and within size limits.
Explore broker markets account types: forex/trading accounts with demo access.