When considering trading with trade capital, it's essential to understand the various account types available. Each account type is tailored to meet different trading needs and preferences.
| Account Type | Minimum Deposit | Spread | Leverage | Key Features | Target User |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | Up to 1:500 | Educational resources | Beginners |
| ECN | $500 | From 0.0 pips | Up to 1:200 | Direct market access | Advanced |
| Pro | $1,000 | Tight spreads | Up to 1:100 | Advanced tools | Professionals |
| Islamic | $100 | Similar to Standard | Up to 1:500 | Swap-free | Muslim traders |
| Demo | N/A | Simulated | Simulated | Practice trading | Beginners |
When choosing a trade capital account, consider the following features across different account types:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:100
Islamic: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: Tight spreads
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: Low commission
Pro: Lower commissions
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: Proprietary platform, MT4, MT5
Islamic: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo Account Features:
Virtual balance, access to all instruments, practice trading
Standard Account:
Low minimum deposit
Educational resources available
Suitable for beginners
ECN Account:
Direct market access
Low spreads
Fast execution speeds
Pro Account:
Advanced trading tools
Dedicated account management
Suitable for professional trading
Islamic Account:
Compliance with Sharia law
Swap-free trading
Available for all trading instruments
Demo Account:
Risk-free trading
Practice strategies
Access to all instruments
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
High minimum deposit
Limited to professional traders
Islamic Account:
Limited availability of advanced features
May have higher spreads
Demo Account:
Virtual funds only
Limited duration for practice
To open a trade capital account, you must meet specific eligibility criteria:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Availability may vary by country
Prohibited Countries: Specific countries may be restricted (details not specified)
Identity Verification Documents Needed:
Government-issued ID (passport, driver's license)
Proof of address (utility bill, bank statement)
Proof of Residence Requirements:
Recent documents showing your name and address
Additional Documentation for Professional Accounts:
Proof of trading experience or financial qualifications
KYC/AML Compliance Procedures:
Complete identity verification to comply with regulatory standards
Verification Time Frames:
Typically, account verification takes 1-3 business days.
Opening a trade capital account involves several steps:
The demo account offered by trade capital provides a risk-free environment for traders to practice:
Demo Account Features and Benefits:
Access to all trading instruments
Virtual funds for practice
Ability to test trading strategies
How to Open a Demo Account:
Follow the registration process, selecting the demo account option.
Demo Account Limitations:
Limited duration for usage
Virtual funds only, no real trading
Virtual Balance Amount: Typically set at $10,000 or similar for practice.
Demo vs Live Account Differences:
Live accounts involve real money and risks, while demo accounts use virtual funds.
Duration/Expiry of Demo Accounts: Usually valid for a limited time, often 30 days.
trade capital offers Islamic accounts that comply with Sharia law:
Explore broker markets account types: forex/trading accounts with demo access.