TOPKING broker Accounts

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

Part 1: topking Account Types Overview

topking Account Types Explained

Topking offers a variety of account types tailored to different trading styles and preferences. Below is a breakdown of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners, easy to use, access to educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0 pips, commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.5 pips, commission of $3 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, personal account manager.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account but swap-free.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law, no swap fees.
• Target User Profile: Muslim traders.
• 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: Risk-free trading environment, practice strategies.
• 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 Traders: Demo Account

Part 2: topking Account Features Comparison

Detailed topking Account Features

When comparing the features of different topking account types, the following aspects are crucial:

• 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 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Lot Size:

• Standard: Micro (0.01)

• ECN: Mini (0.1)

• Pro: Standard (1)

• Islamic: Micro (0.01)

• Available Trading Platforms:

• All accounts support MT4 and MT5.

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic Account Availability:

• Yes, for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual trading environment with real market conditions.

Advantages of Each Account Type

• Standard Account:

• User-friendly interface.

• No commission fees.

• High leverage options.

• ECN Account:

• Tight spreads.

• Fast execution speeds.

• Suitable for scalping.

• Pro Account:

• Advanced trading tools.

• Lower commission rates.

• Personalized support.

• Islamic Account:

• Compliance with Islamic finance principles.

• No swap fees.

• Demo Account:

• Risk-free trading.

• Practice with virtual funds.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• High minimum deposit requirement.

• More complex for beginners.

• Islamic Account:

• Limited to specific trading conditions.

• Not available for all instruments.

• Demo Account:

• Limited duration.

• No real profit potential.

Part 3: topking Account Opening Requirements

topking Account Registration Requirements

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

• Age Requirements:

• Must be at least 18 years old.

• Geographic Restrictions:

• Available in most countries, but specific regions may be restricted.

• Prohibited Countries:

• Countries under international sanctions.

• Identity Verification Documents Needed:

• Government-issued ID (passport or drivers license).

• Proof of address (utility bill or bank statement).

• Proof of Residence Requirements:

• Recent documents showing your name and address.

• Additional Documentation for Professional Accounts:

• Financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
• Verification processes may include background checks and document validation.

Verification Time Frames

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

Part 4: topking Account Opening Process

Step-by-Step topking Account Opening Guide

1. Visit Website and Click Registration:

• Navigate to the topking website and select the registration option.

1. Personal Information Entry:

• Fill in personal details such as name, email, and phone number.

1. Choose Account Type:

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

1. Set Trading Preferences:

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

1. Document Upload:

• Upload required identity verification documents.

1. Account Verification:

• Wait for the account to be verified by the topking team.

1. Fund Your Account:

• Deposit the minimum required amount to activate your account.

1. Start Trading:

• Once the account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document rejection.

• Solution: Ensure documents are clear and meet requirements.

• Issue: Delayed verification.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: topking Demo Account Information

topking Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments.

• Practice trading 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 to virtual funds and may have an expiration date.

• Virtual Balance Amount:

• Typically set at $10,000.

• Demo vs Live Account Differences:

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

• Duration/Expiry of Demo Accounts:

• Demo accounts usually expire after 30 days but can be renewed.

Part 6: topking Islamic Account Details

topking Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Eligibility Requirements:

• Must adhere to Islamic finance principles.

• Differences from Standard Accounts:

• No swap fees applied.

• How to Apply for Islamic Account:

• Select the Islamic account option during registration.

• Restrictions or Special Conditions:

• Must comply with Sharia law.

FAQs – topking Account Types & Opening

1. What account types does topking offer？

• Topking 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 topking account verification take？

• Verification typically takes 1-3 business days.

1. Does topking offer demo accounts？

• Yes, topking offers demo accounts for practice trading.

1. Can I have multiple account types with topking？

• Yes, you can open multiple account types.

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

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

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

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

1. Can I change my account type after registration？

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