taijin offers a variety of account types to cater to different trading needs and preferences. Below is an overview of the available account types:
| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.5 pips | None | 1:500 | Beginner to Intermediate |
| ECN | $500 | From 0.0 pips | $7 | 1:200 | Advanced Traders |
| Pro | $1,000 | From 1.0 pips | Lower | 1:300 | Professional Traders |
| Islamic | $500 | Similar to Standard | None | 1:200 | Muslim Traders |
| Demo | N/A | Similar to Standard | None | 1:500 | Beginners and Testers |
When comparing the features of different taijin account types, the following aspects are crucial:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:200
Demo: 1:500
Spreads (Typical/Minimum):
Standard: From 1.5 pips
ECN: From 0.0 pips
Pro: From 1.0 pips
Islamic: Similar to Standard
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: $7 per round turn
Pro: Lower than ECN
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:
All account types support MT4 and MT5.
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Available for Islamic Account.
Swap-Free Options:
Available for Islamic Account.
Demo Account Features:
Virtual funds, access to all features, practice trading.
Standard Account:
Low minimum deposit.
No commission fees.
Suitable for beginners.
ECN Account:
Tight spreads.
Suitable for scalping.
Direct market access.
Pro Account:
Enhanced trading conditions.
Priority support.
Lower commissions.
Islamic Account:
Complies with Sharia law.
No swap fees.
Suitable for Muslim traders.
Demo Account:
Risk-free trading.
Practice strategies.
No financial commitment.
Standard Account:
Higher spreads compared to ECN.
ECN Account:
Higher minimum deposit.
Commission fees apply.
Pro Account:
High minimum deposit.
May not be suitable for beginners.
Islamic Account:
Limited to Muslim traders.
Demo Account:
No real financial gains.
Limited duration for practice.
To open a taijin account, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; check specific restrictions.
Prohibited Countries: Countries under sanctions or restrictions may be prohibited.
Identity Verification Documents Needed:
Valid government-issued ID (passport or national ID).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
Business registration documents (if applicable).
Financial statements or proof of income.
KYC/AML Compliance Procedures:
Complete identity verification.
Submit required documents for review.
Verification Time Frames:
Typically, account verification takes 1-3 business days.
To register for a taijin account, follow these steps:
The demo account offered by taijin provides several features and benefits:
Demo Account Features and Benefits:
Access to all trading instruments.
Practice trading strategies without financial risk.
Virtual funds to simulate real trading conditions.
How to Open a Demo Account:
Visit the taijin website and select the demo account option.
Fill in the required information and create your demo account.
Demo Account Limitations:
Limited duration (usually 30 days).
No real financial gains.
Virtual Balance Amount: Typically, demo accounts are funded with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts require real money.
Demo accounts do not incur losses or profits.
Duration/Expiry of Demo Accounts: Demo accounts usually expire after 30 days of inactivity.
taijin offers Islamic accounts with specific features:
Explore broker markets account types: forex/trading accounts with demo access.