| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | N/A | Up to 1:500 | Beginners |
| ECN | $500 | From 0.0 pips | $3/lot | Up to 1:200 | Advanced Traders |
| Pro | $1,000 | From 0.5 pips | $2/lot | Up to 1:300 | Professional Traders |
| Islamic | $500 | Similar to Standard | N/A | Up to 1:200 | Muslim Traders |
| Demo | N/A | Same as Standard | N/A | Up to 1:500 | Beginners |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:300
Islamic: Up to 1:200
Demo: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Same as Standard
Commission Fees:
Standard: N/A
ECN: $3 per lot
Pro: $2 per lot
Islamic: N/A
Demo: N/A
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: No
ECN: No
Pro: No
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: No
ECN: No
Pro: No
Islamic: Yes
Demo: No
Demo Account Features:
Virtual balance, access to all trading instruments, practice trading without risk.
Standard Account:
User-friendly interface
Low minimum deposit
Access to a variety of instruments
Ideal for beginners
ECN Account:
Direct market access
Tight spreads
Fast execution
Suitable for scalpers
Pro Account:
Enhanced trading conditions
Lower commission fees
Access to advanced trading tools
Ideal for experienced traders
Islamic Account:
Complies with Sharia law
No swap fees
Access to all trading instruments
Suitable for Muslim traders
Demo Account:
Risk-free trading
Practice strategies
Access to all features of live accounts
Unlimited duration for practice
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees may add up
Pro Account:
Higher minimum deposit
Not suitable for beginners
Islamic Account:
Limited to Muslim traders
May have fewer features than standard accounts
Demo Account:
No real money involved
Limited to practice only
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Available globally, but specific countries may be restricted
Prohibited Countries: Countries under sanctions or with specific trading restrictions
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:
Professional qualifications or certifications may be required for Pro accounts
KYC/AML Compliance Procedures:
All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks
Verification Time Frames:
Typically takes 1-3 business days for account verification
Issue: Document upload fails
Solution: Ensure documents are in the correct format and resolution.
Issue: Verification takes longer than expected
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Access to all trading instruments
Practice trading strategies without financial risk
Virtual funds available for trading
How to Open a Demo Account:
Visit the svs website and select the demo account option.
Fill out the registration form and submit.
Demo Account Limitations:
No real money involved
Limited to practice trading only
Virtual Balance Amount:
Typically $10,000 or more in virtual funds
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts usually remain active for a specified period, often 30 days, but can be extended upon request.
Swap-Free/Islamic Account Availability:
Yes, svs offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
Differences from Standard Accounts:
No swap fees applied to overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process.
Restrictions or Special Conditions:
Must adhere to Islamic finance principles, including no interest on trades.
Explore broker markets account types: forex/trading accounts with demo access.