Tracom broker Accounts

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

Part 1: tracom Account Types Explained

Available Account Types

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: Suitable for beginners, access to all trading instruments
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.0 pips + commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, ideal for high-frequency trading
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.1 pips + commission of $2 per lot
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free, compliant with Sharia law
• 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 environment to practice trading
• Target User Profile: All trader levels
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: Detailed tracom Account Features

Comparison of Features Across Different Account Types

• 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 0.0 pips

• Pro: From 0.1 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: 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: Market

• 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 instruments, practice without risk.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• Suitable for beginners

• Access to a wide range of instruments

• ECN Account:

• Low spreads

• Direct market access

• Suitable for high-frequency trading

• Advanced trading conditions

• Pro Account:

• Enhanced trading conditions

• Priority support

• Lower commission fees

• Suitable for professional traders

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Suitable for Muslim traders

• Access to all trading instruments

• Demo Account:

• Risk-free trading

• Practice trading strategies

• Access to all features of live accounts

• Ideal for testing the platform

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Higher minimum deposit

• Limited to experienced traders

• Islamic Account:

• Limited features compared to Pro accounts

• May have restrictions on certain instruments

• Demo Account:

• No real profits

• Limited duration for practice

Part 3: tracom Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years
• Geographic Restrictions: Available in most countries; specific restrictions may apply
• Prohibited Countries: Countries under international sanctions (specific countries not listed)
• Identity Verification Documents Needed: Government-issued ID (passport or national ID)
• Proof of Residence Requirements: Utility bill or bank statement dated within the last three months
• Additional Documentation for Professional Accounts: Proof of income or financial statements may be required

KYC/AML Compliance Procedures

• All clients must complete Know Your Customer (KYC) procedures to verify identity and prevent fraud.
• Anti-Money Laundering (AML) policies are in place to ensure compliance with international regulations.

Verification Time Frames

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

Part 4: Step-by-Step tracom Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Navigate to the official tracom website.
2. Personal Information Entry: Fill in personal details including name, email, and phone number.
3. Choose Account Type: Select the desired account type from the available options.
4. Set Trading Preferences: Indicate preferences for leverage, trading instruments, etc.
5. Document Upload: Upload required identification and proof of residence 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: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified forms 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.

How to Upgrade/Downgrade Account Types

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

Part 5: tracom Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment
• Access to all trading instruments
• Ability to practice strategies without financial risk

How to Open a Demo Account

• Visit the tracom website and select the demo account option.
• Fill in the required information and create an account.

Demo Account Limitations

• Limited duration (typically 30 days)
• Virtual funds only, no real profits

Virtual Balance Amount

• Standard virtual balance is usually set at $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts involve real money trading.
• Demo accounts may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

Part 6: tracom Islamic Account Details

Swap-Free/Islamic Account Availability

• tracom offers Islamic accounts that are compliant with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, which are typically charged on overnight positions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have restrictions on certain trading instruments or strategies.

FAQs – tracom Account Types & Opening

1. What account types does tracom offer？

• tracom 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 tracom account verification take？

• Verification typically takes 1-3 business days.

1. Does tracom offer demo accounts？

• Yes, tracom offers demo accounts for practice trading.

1. Can I have multiple account types with tracom？

• Yes, traders can hold multiple account types.

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

• Yes, tracom provides Islamic accounts that are compliant with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.