tauron Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: tauron Account Types Overview
tauron Account Types Explained
TAURON offers several account types designed to cater to different trading needs and preferences. Below is a breakdown of the available account types:
- Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.5 pips
- Leverage Options: Up to 1:500
- Key Features: User-friendly interface, suitable for beginners
- Target User Profile: Beginners and casual traders
- Trading Instruments Available: Forex, commodities, indices
- ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $3 per lot
- Leverage Options: Up to 1:200
- Key Features: Direct market access, lower spreads
- Target User Profile: Experienced traders and scalpers
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
- Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Competitive spreads with a commission of $2 per lot
- Leverage Options: Up to 1:100
- Key Features: Advanced trading tools and analytics
- Target User Profile: Professional traders
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
- Islamic Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
- Leverage Options: Up to 1:200
- Key Features: Compliant with Sharia law
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities, indices
- 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 without risk
- Target User Profile: Beginners and traders testing strategies
- Trading Instruments Available: Forex, commodities, indices
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
- Practice: Demo Account
Part 2: tauron Account Features Comparison
Detailed tauron Account Features
When comparing the features of different tauron account types, the following aspects are crucial:
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 1:100
Islamic: Up to 1:200
Spreads (Typical/Minimum):
Standard: From 1.5 pips
ECN: From 0.0 pips
Pro: Competitive spreads
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Standard
Islamic: 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
Islamic Account Availability:
Islamic: Yes
Others: No
Swap-Free Options:
Islamic: Yes
Others: No
Demo Account Features:
Virtual funds for practice, same trading conditions as Standard account.
Advantages of Each Account Type
-
Standard Account:
Easy to use for beginners
Low minimum deposit
Access to a wide range of instruments
ECN Account:
Tight spreads
Direct market access
Suitable for high-frequency trading
Pro Account:
Advanced trading tools
Lower commissions
Ideal for professional traders
Islamic Account:
Compliant with Sharia law
No swap fees
Suitable for Muslim traders
Demo Account:
Risk-free trading environment
Ideal for practice and strategy testing
No financial commitment required
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees may apply
Pro Account:
Higher minimum deposit
Not suitable for beginners
Islamic Account:
Limited to specific trading conditions
May have restrictions on certain instruments
Demo Account:
No real profit potential
Limited duration for practice
Part 3: tauron Account Opening Requirements
tauron Account Registration Requirements
To open a tauron account, the following eligibility criteria must be met:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of most countries, but may be restricted in certain jurisdictions.
- Prohibited Countries: Specific countries may be restricted due to regulatory compliance.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID)
- Proof of address (utility bill or bank statement)
- Proof of Residence Requirements: Recent documents showing the applicant's name and address.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
TAURON adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to verify the identity of its clients and prevent fraud.
Verification Time Frames
Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.
Part 4: tauron Account Opening Process
Step-by-Step tauron Account Opening Guide
- Visit Website and Click Registration: Go to the official TAURON website and click on the registration button.
- Personal Information Entry: Fill in your personal details such as name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to activate your account.
- Start Trading: Once your account is funded, you can start trading.
Desktop vs Mobile Registration Differences
The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.
Common Registration Issues and Solutions
- Issue: Document upload fails.
- Solution: Ensure documents are clear and in the correct format.
- Issue: Verification takes longer than expected.
- Solution: Contact customer support for assistance.
Average Account Approval Time
Typically, account approval takes between 1 to 3 business days.
How to Upgrade/Downgrade Account Types
To change your account type, contact TAURON customer support to request the upgrade or downgrade, and follow their instructions.
tauron Demo Account Guide
-
Demo Account Features and Benefits:
Access to the same trading conditions as live accounts.
Ideal for practicing strategies without financial risk.
How to Open a Demo Account:
Follow the same registration process, selecting the demo account option.
Demo Account Limitations:
Limited duration, typically 30 days.
Virtual funds only, no real trading profits.
Virtual Balance Amount: Usually set at $10,000 for practice.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts require real money deposits.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30 days of inactivity.
Part 6: tauron Islamic Account (if available)
tauron Islamic Account Details
- Swap-Free/Islamic Account Availability: Yes, TAURON offers Islamic accounts.
- Eligibility Requirements: Must adhere to Islamic finance principles.
- Differences from Standard Accounts: No swap fees, compliant with Sharia law.
- How to Apply for Islamic Account: Select the Islamic account option during registration or contact support.
- Restrictions or Special Conditions: May have limitations on certain trading instruments.
FAQs – tauron Account Types & Opening
- What account types does tauron offer?
- TAURON offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.
- How long does tauron account verification take?
- Verification typically takes 1 to 3 business days.
- Does tauron offer demo accounts?
- Yes, TAURON provides demo accounts for practice trading.
- Can I have multiple account types with tauron?
- Yes, you can open multiple accounts with different types.
- Does tauron offer Islamic/swap-free accounts?
- Yes, TAURON offers Islamic accounts that are compliant with Sharia law.
- What documents do I need to open a tauron account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type through customer support.
TAURON accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .