tradehub broker Accounts

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

tradehub Account Types Explained

Tradehub offers a variety of account types tailored to different trading needs and experience levels. Heres a detailed overview of the available account types:

1. Thiqah Account (Islamic Account)

• Minimum Deposit: $100
• Spread/Commission Structure: Zero commissions, market spreads
• Leverage Options: 1:400
• Key Features: Swap-free, designed for beginners
• Target User Profile: Beginners, traders seeking Islamic finance options
• Trading Instruments Available: Forex pairs, metals, energies, and futures

2. Pro Account

• Minimum Deposit: $500
• Spread/Commission Structure: Competitive spreads, zero commissions
• Leverage Options: 1:100
• Key Features: 3 days swap-free, exclusive cashback offer
• Target User Profile: Intermediate traders looking for advanced tools
• Trading Instruments Available: Forex pairs, metals, energies, and futures

3. VIP Account

• Minimum Deposit: $5,000
• Spread/Commission Structure: Raw spreads, $8 commissions
• Leverage Options: 1:100
• Key Features: 3 days swap-free, premium conditions and personalized service
• Target User Profile: Serious investors and experienced traders
• Trading Instruments Available: Forex pairs, metals, energies, and futures

4. Diamond Account (Institutional)

• Minimum Deposit: $100,000
• Spread/Commission Structure: Raw spreads, $5 commissions
• Leverage Options: 1:100
• Key Features: FIX API available, 5 days swap-free
• Target User Profile: Institutional clients and high-net-worth individuals
• Trading Instruments Available: Forex pairs, metals, energies, and futures

5. Demo Account

• Minimum Deposit: N/A (virtual funds)
• Spread/Commission Structure: N/A
• Leverage Options: N/A
• Key Features: Practice trading without real money, subject to expiration
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Same as live accounts

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Thiqah Account
• Intermediate Traders: Pro Account
• Advanced Traders: VIP Account
• Institutional Clients: Diamond Account

Detailed tradehub Account Features

Account Features Comparison

Advantages and Disadvantages of Each Account Type

Thiqah Account

• Advantages:
• Low minimum deposit
• Zero commissions
• Swap-free
• Suitable for beginners
• Disadvantages:
• Limited advanced features
• Lower leverage compared to other accounts

Pro Account

• Advantages:
• Competitive spreads
• Cashback offer
• Suitable for active traders
• Disadvantages:
• Higher minimum deposit than Thiqah
• Limited leverage

VIP Account

• Advantages:
• Premium trading conditions
• Personalized service
• Access to raw spreads
• Disadvantages:
• High minimum deposit requirement
• Higher commissions

Diamond Account

• Advantages:
• Tailored solutions for institutional clients
• FIX API availability
• Raw spreads
• Disadvantages:
• Very high minimum deposit
• Limited to institutional clients

Demo Account

• Advantages:
• Risk-free trading environment
• Ideal for practice and strategy testing
• Disadvantages:
• Limited duration
• No real money trading experience

tradehub Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders from various countries; specific restrictions may apply.
• Prohibited Countries: Certain jurisdictions may be restricted (specific countries not listed).
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide documentation showing current address.
• Additional Documentation for Professional Accounts: May require financial statements or business documentation.

KYC/AML Compliance Procedures

• All traders must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
• Verification may include additional checks based on the account type.

Verification Time Frames

• The account verification process typically takes between 1 to 3 business days.

Step-by-Step tradehub Account Opening Guide

Registration Process

1. Visit Website: Go to the Tradehub official website.
2. Click Registration: Click on the “Register” button.
3. Personal Information Entry: Fill out the registration form with personal details.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Indicate your trading preferences and settings.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the account to be verified by the Tradehub team.
8. Fund Your Account: Deposit funds into your trading account using available payment methods.
9. Start Trading: Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

• Registration processes are similar on both desktop and mobile platforms, with minor interface adjustments.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and meet the required format.
• Issue: Delays in verification.
• Solution: Contact customer support for updates.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request an account upgrade or downgrade through the Tradehub customer support or account management section.

tradehub Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Allows users to familiarize themselves with the trading platform and tools.

How to Open a Demo Account

• Visit the Tradehub website and select the option to open a demo account.
• Fill in the required information and follow the prompts to create your demo account.

Demo Account Limitations

• The demo account may have an expiration date and limited virtual funds.

Virtual Balance Amount

• The virtual balance amount varies but is typically set to simulate real trading conditions.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.
• Demo accounts may not reflect real-time market conditions perfectly.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after a set period, which can vary based on the broker's policy.

tradehub Islamic Account Details

Swap-Free/Islamic Account Availability

• The Thiqah Account is available as an Islamic account, offering swap-free trading.

Eligibility Requirements

• Traders must indicate their preference for an Islamic account during registration.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, adhering to Islamic finance principles.

How to Apply for Islamic Account

• Select the Islamic account option during the account registration process.

Restrictions or Special Conditions

• Islamic accounts may have specific conditions regarding trading instruments and leverage.

FAQs – tradehub Account Types & Opening

1. What account types does tradehub offer？

• Tradehub offers Thiqah, Pro, VIP, Diamond, and Demo accounts.

1. What is the minimum deposit for each account type？

• Thiqah: $100, Pro: $500, VIP: $5,000, Diamond: $100,000.

1. How long does tradehub account verification take？

• Account verification typically takes 1 to 3 business days.

1. Does tradehub offer demo accounts？

• Yes, tradehub offers demo accounts for practice trading.

1. Can I have multiple account types with tradehub？

• Yes, traders can open multiple account types.

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

• Yes, the Thiqah account is available as an Islamic account.

1. What documents do I need to open a tradehub 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 through customer support.