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

Part 1: topasia Account Types Overview

topasia Account Types Explained

Topasia offers a variety of account types tailored to different trading styles and preferences. Below is a detailed overview of the available account types:

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: topasia Account Features Comparison

Detailed topasia Account Features

When comparing the features across different topasia account types, the following aspects are crucial:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:500

• Spreads:

• Standard: Variable from 1.5 pips

• ECN: From 0 pips + commission

• Pro: Fixed from 1.2 pips

• Islamic: Variable from 1.5 pips

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: None

• Islamic: None

• Lot Size:

• Standard: 0.01 lot

• ECN: 0.01 lot

• Pro: 0.01 lot

• Islamic: 0.01 lot

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Market execution

• Islamic: Market execution

• Islamic Account Availability:

• Yes, for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual balance of $10,000 for practice.

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• No commission fees
• Suitable for beginners
• Disadvantages:
• Higher spreads compared to ECN

ECN Account

• Advantages:
• Low spreads
• Direct market access
• Suitable for scalping
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Professional trading tools
• Fixed spreads
• Personal account manager
• Disadvantages:
• Higher minimum deposit

Islamic Account

• Advantages:
• Swap-free trading
• Low minimum deposit
• Disadvantages:
• Limited to certain trading instruments

Demo Account

• Advantages:
• Free to use
• Practice without risk
• Disadvantages:
• Limited duration (typically 30 days)

Part 3: topasia Account Opening Requirements

topasia Account Registration Requirements

To open an account with topasia, the following eligibility criteria and documentation are required:

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.

• Prohibited Countries: Countries under sanctions or restrictions may not be eligible.

• Identity Verification Documents Needed:

• Government-issued ID (passport or national ID)

• Proof of address (utility bill or bank statement)

• Proof of Residence Requirements:

• Recent utility bill or bank statement showing the applicant's name and address.

• Additional Documentation for Professional Accounts:

• Financial statements or proof of trading experience may be required.

• KYC/AML Compliance Procedures:

• All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

• Verification Time Frames:

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

Part 4: topasia Account Opening Process

Step-by-Step topasia Account Opening Guide

Opening an account with topasia involves the following steps:

1. Visit the Website and Click Registration:

• Go to the topasia website and locate the registration button.

1. Personal Information Entry:

• Fill in your personal details, including name, email, and phone number.

1. Choose Account Type:

• Select the desired account type based on your trading needs.

1. Set Trading Preferences:

• Specify your trading preferences, including leverage and trading instruments.

1. Document Upload:

• Upload the required identity verification documents.

1. Account Verification:

• Wait for the verification process to complete.

1. Fund Your Account:

• Deposit the minimum required amount to activate your account.

1. 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, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• 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 1-3 business days.

How to Upgrade/Downgrade Account Types

• Account types can be changed by contacting customer support and providing necessary documentation for the new account type.

Part 5: topasia Demo Account Information

topasia Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice without financial risk.

• Access to all trading instruments available in live accounts.

• How to Open a Demo Account:

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

• Demo Account Limitations:

• Limited duration (typically 30 days).

• Virtual funds are not real and cannot be withdrawn.

• Virtual Balance Amount:

• Typically set at $10,000 for practice.

• Demo vs Live Account Differences:

• Demo accounts simulate trading conditions but do not involve real money.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days of inactivity.

Part 6: topasia Islamic Account Details

topasia Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Islamic accounts are available for traders who require swap-free conditions.

• Eligibility Requirements:

• Must declare the need for an Islamic account during registration.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees for 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; no interest-based transactions.

FAQs – topasia Account Types & Opening

1. What account types does topasia offer？

• Topasia 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.

1. How long does topasia account verification take？

• Verification typically takes 1-3 business days.

1. Does topasia offer demo accounts？

• Yes, topasia offers a demo account for practice trading.

1. Can I have multiple account types with topasia？

• Yes, you can open multiple account types.

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

• Yes, topasia offers Islamic accounts that are swap-free.

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

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.