| Account Type | Minimum Deposit | Spread (Typical) | Leverage | Key Features |
|---|---|---|---|---|
| Standard | $100 | 1.0 pips | 30:1 | User-friendly, wide market access |
| Pro | $10,000 | 0.5 pips | 500:1 | Higher leverage, exclusive support |
| Islamic | $100 | 1.0 pips | 30:1 | Swap-free, Sharia compliant |
| Demo | $0 | 1.0 pips | 30:1 | Risk-free, practice environment |
Minimum Deposit:
Standard: $100
Pro: $10,000
Islamic: $100
Demo: $0
Maximum Leverage:
Standard: 30:1
Pro: 500:1
Islamic: 30:1
Demo: 30:1
Spreads (Typical/Minimum):
Standard: 1.0 pips
Pro: 0.5 pips
Islamic: 1.0 pips
Demo: 1.0 pips
Commission Fees:
Standard: None
Pro: Yes, depending on the trade volume
Islamic: None
Demo: None
Lot Size:
Standard: Standard lots
Pro: Standard lots
Islamic: Standard lots
Demo: Standard lots
Available Trading Platforms:
Standard: TN Trader, TradingView
Pro: TN Trader, TradingView
Islamic: TN Trader, TradingView
Demo: TN Trader, TradingView
Execution Type:
Standard: Market execution
Pro: ECN execution
Islamic: Market execution
Demo: 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, access to all trading instruments.
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to a variety of markets
Pro Account:
High leverage options
Lower trading costs
Dedicated support
Islamic Account:
Complies with Sharia law
No interest fees
Suitable for Muslim traders
Demo Account:
Risk-free trading
Practice strategies
No financial commitment
Standard Account:
Limited leverage compared to Pro
Higher spreads
Pro Account:
High minimum deposit requirement
More complex for beginners
Islamic Account:
Limited to specific trading conditions
May have higher spreads than standard accounts
Demo Account:
No real financial gains
Limited duration for practice
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in multiple countries, but some regions may be restricted.
Prohibited Countries: Specific countries may be restricted based on local regulations.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID)
Proof of residence (utility bill or bank statement)
Additional Documentation for Professional Accounts:
Financial statements or proof of income may be required for Pro Accounts.
KYC/AML Compliance Procedures:
All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Typically takes 1-3 business days for account verification.
Issue: Document upload failure.
Solution: Ensure documents are clear and meet the required format.
Issue: Verification delays.
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Access to a virtual balance of $10,000.
Practice trading strategies without financial risk.
How to Open a Demo Account:
Follow the same registration process and select "Demo Account" as the account type.
Demo Account Limitations:
Limited to virtual trading only; no real profits can be made.
Virtual Balance Amount:
$10,000 virtual balance for practice.
Demo vs Live Account Differences:
Demo accounts do not involve real money, while live accounts require actual funds.
Duration/Expiry of Demo Accounts:
Demo accounts typically remain active for 30 days.
Swap-Free/Islamic Account Availability:
Yes, Trade Nation offers Islamic accounts that comply 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, aligning with Islamic finance principles.
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 specific trading conditions and limitations.
Explore broker markets account types: forex/trading accounts with demo access.