TAIKO broker Accounts

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

Part 1: taiko Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spread starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading features suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spread starting from 0.1 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution
• Target User Profile: Experienced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spread starting from 1 pip + lower commission
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools and analytics
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading
• Target User Profile: Traders requiring Sharia-compliant accounts
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk
• Target User Profile: Beginners and those 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 Traders: ECN Account
• Advanced Traders: Pro Account
• Islamic Traders: Islamic Account

Part 2: taiko Account Features Comparison

Detailed taiko Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:500

• Demo: Up to 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 1 pip

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: Yes, based on volume

• Pro: Lower commission

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: 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: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual trading environment

• Access to all trading instruments

• Same trading conditions as live accounts

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to a variety of instruments

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for high-frequency trading

• Pro Account:

• Advanced trading tools

• Lower commission rates

• Ideal for professional traders

• Islamic Account:

• Complies with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading

• Ideal for practice and strategy testing

• Unlimited access to trading features

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 requirement

• Not suitable for beginners

• Islamic Account:

• Limited availability for certain trading instruments

• May have fewer features than standard accounts

• Demo Account:

• No real money trading

• Limited duration for practice

Part 3: taiko Account Registration Requirements

taiko 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: Countries under international sanctions may be restricted

• Identity Verification Documents Needed:

• Government-issued ID (passport, drivers license)

• Proof of address (utility bill, bank statement)

• Proof of Residence Requirements:

• Recent document showing name and address

• Additional Documentation for Professional Accounts:

• Business registration documents (if applicable)

• Financial statements

• KYC/AML Compliance Procedures:

• Verification of identity and address

• Source of funds declaration

• Verification Time Frames:

• Typically 1-3 business days, depending on document submission and review process

Part 4: taiko Account Opening Process

Step-by-Step taiko Account Opening Guide

1. Visit Website and Click Registration: Navigate to the official taiko website and locate the registration button.
2. Personal Information Entry: Fill in required personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Indicate trading preferences and leverage options.
5. Document Upload: Upload necessary identity verification 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: Begin trading once your account is funded and verified.

Desktop vs Mobile Registration Differences

• Desktop registration typically provides a more comprehensive interface, while mobile registration may have simplified steps.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.

• Solution: Ensure documents are clear and legible before uploading.

• Issue: Delays in verification.

• Solution: Contact customer support for updates.

Average Account Approval Time

• The average time for account approval is 1-3 business days, depending on the completeness of submitted documents.

How to Upgrade/Downgrade Account Types

• Users can request changes to account types through the customer support portal or account management section on the website.

Part 5: taiko Demo Account Information

taiko Demo Account Guide

• Demo Account Features and Benefits:

• Access to the same trading environment as live accounts

• Ability to practice strategies without financial risk

• How to Open a Demo Account:

• Follow the same registration process and select the demo account option.

• Demo Account Limitations:

• Limited trading duration (typically 30 days)

• Virtual funds only

• Virtual Balance Amount:

• Usually set at $10,000 for practice purposes.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money trading.

• Duration/Expiry of Demo Accounts:

• Demo accounts typically expire after 30 days of inactivity.

Part 6: taiko Islamic Account Details

taiko Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Available for Standard, ECN, and Pro accounts.

• Eligibility Requirements:

• Must comply with Islamic finance principles.

• Differences from Standard Accounts:

• No swap fees applied to overnight positions.

• How to Apply for Islamic Account:

• Select the Islamic account option during registration or contact customer support.

• Restrictions or Special Conditions:

• Limited to specific trading instruments that comply with Islamic law.

FAQs – taiko Account Types & Opening

1. What account types does taiko offer？

• Taiko 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 funds.

1. How long does taiko account verification take？

• Typically 1-3 business days.

1. Does taiko offer demo accounts？

• Yes, taiko provides demo accounts for practice.

1. Can I have multiple account types with taiko？

• Yes, users can have multiple account types.

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

• Yes, Islamic accounts are available for Standard, ECN, and Pro accounts.

1. What documents do I need to open a taiko 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.