TB broker Accounts

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

Part 1: tb Account Types Overview

tb Account Types Explained

tb offers several account types tailored to different trading needs and expertise levels. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Access to a wide range of trading instruments, including forex, commodities, and indices.
• Target User Profile: Beginner to intermediate traders.
• Trading Instruments Available: Forex pairs, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0 pips with a commission fee of $3 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds, and lower spreads.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1 pip with a commission fee of $2 per lot.
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority customer support, and advanced trading tools.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to the Standard or ECN accounts, depending on the selected type.
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading to comply with Islamic finance principles.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex pairs, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Similar to the Standard account.
• Leverage Options: Up to 1:500
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: All levels, especially beginners.
• Trading Instruments Available: Forex pairs, commodities, indices, cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: Standard Account, Islamic Account
• Advanced Traders: ECN Account, Pro Account
• Professional Traders: Pro Account

Part 2: tb Account Features Comparison

Detailed tb Account Features

When considering tb account types, it is essential to compare their features comprehensively:

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• No commission fees
• Suitable for beginners
• ECN Account:
• Tight spreads
• Direct market access
• Ideal for scalping
• Pro Account:
• Enhanced trading conditions
• Lower commission fees
• Priority support
• Islamic Account:
• Compliant with Islamic finance
• No swap fees
• Demo Account:
• Risk-free trading environment
• Practice without financial commitment

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• ECN Account:
• Requires a higher minimum deposit
• Commission fees apply
• Pro Account:
• Higher minimum deposit required
• Islamic Account:
• Limited availability of trading instruments
• Demo Account:
• Limited duration and virtual funds

Part 3: tb Account Opening Requirements

tb Account Registration Requirements

To open a tb account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check specific restrictions.
• Prohibited Countries: Certain countries may be restricted from opening accounts; verify with tb.
• Identity Verification Documents Needed: Valid government-issued ID (passport, driver's license).
• Proof of Residence Requirements: Utility bill or bank statement showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

tb adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to provide necessary documentation for verification.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of the submitted documentation.

Part 4: tb Account Opening Process

Step-by-Step tb Account Opening Guide

1. Visit Website and Click Registration: Navigate to the tb website and select the account type you wish to open.
2. Personal Information Entry: Fill in required personal details such as name, address, and contact information.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload necessary identity verification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed by tb.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded and verified, you can begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, though the mobile interface may have streamlined steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and within size limits.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes between 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

To change your account type, contact tb customer service to request an upgrade or downgrade, and provide any necessary documentation.

Part 5: tb Demo Account Information

tb Demo Account Guide

The tb demo account offers a risk-free environment for traders to practice their strategies.

Demo Account Features and Benefits

• Access to real market conditions without financial risk.
• Ability to test trading strategies and familiarize with the trading platform.

How to Open a Demo Account

Visit the tb website and select the demo account option to register.

Demo Account Limitations

• Limited duration (typically 30 days).
• Virtual funds may not be convertible to real money.

Virtual Balance Amount

Demo accounts usually come with a virtual balance of $10,000.

Demo vs Live Account Differences

Demo accounts simulate trading conditions but do not involve real money, while live accounts require real funds and involve actual trading risks.

Duration/Expiry of Demo Accounts

Demo accounts typically expire after 30 days of inactivity.

Part 6: tb Islamic Account Details

tb Islamic Account Details

tb offers Islamic accounts that comply with Sharia law.

Swap-Free/Islamic Account Availability

Islamic accounts are available upon request and are designed for Muslim traders.

Eligibility Requirements

To qualify for an Islamic account, traders must provide proof of their religious beliefs.

Differences from Standard Accounts

Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account

Request an Islamic account during the registration process or contact customer support.

Restrictions or Special Conditions

Islamic accounts may have certain restrictions on trading instruments; verify with tb for specific details.

FAQs – tb Account Types & Opening

1. What account types does tb offer？

• tb 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: $500, Demo: Virtual funds.

1. How long does tb account verification take？

• Verification typically takes 1-3 business days.

1. Does tb offer demo accounts？

• Yes, tb offers demo accounts for practice trading.

1. Can I have multiple account types with tb？

• Yes, you can open multiple account types.

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

• Yes, tb offers Islamic accounts compliant with Sharia law.

1. What documents do I need to open a tb account？

• A government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.