TRADERS ALLIED broker Accounts

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

Part 1: traders allied Account Types Overview

traders allied Account Types Explained

traders allied offers several account types tailored to meet the diverse needs of traders, from beginners to advanced professionals. Below is a breakdown of the available account types:

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: traders allied Account Features Comparison

Detailed traders allied Account Features

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

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:200

• Demo: N/A

• Spreads (Typical/Minimum):

• Standard: Variable spreads

• ECN: Low spreads + commission

• Pro: Fixed spreads

• Islamic: Variable spreads

• Demo: N/A

• Commission Fees:

• Standard: No commission

• ECN: Commission per trade

• Pro: Commission applies

• Islamic: No commission

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Standard

• Islamic: Micro, Mini, Standard

• Demo: N/A

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Instant execution

• Islamic: Market execution

• Demo: Market execution

• Islamic Account Availability: Yes for Islamic accounts.

• Swap-Free Options: Available for Islamic accounts.

• Demo Account Features: Practice trading with virtual funds.

Advantages and Disadvantages of Each Account Type

Standard Account:

• Advantages:
• Low minimum deposit
• No commission fees
• User-friendly interface
• Disadvantages:
• Higher spreads compared to ECN

ECN Account:

• Advantages:
• Low spreads
• Direct market access
• Suitable for scalping
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account:

• Advantages:
• Fixed spreads
• Advanced trading tools
• Priority execution
• Disadvantages:
• High minimum deposit
• Commission fees apply

Islamic Account:

• Advantages:
• Swap-free trading
• Same features as Standard/ECN accounts
• Disadvantages:
• Higher minimum deposit than Standard

Demo Account:

• Advantages:
• Risk-free trading
• Access to all trading instruments
• Disadvantages:
• Limited to virtual funds

Part 3: traders allied Account Opening Requirements

traders allied Account Registration Requirements

To open a traders allied account, the following eligibility criteria and documentation are required:

• Eligibility Criteria:

• Must be at least 18 years old.

• Geographic restrictions may apply; check specific country regulations.

• Prohibited countries include those under international sanctions.

• Identity Verification Documents Needed:

• Government-issued ID (passport or national ID card).

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

• Additional Documentation for Professional Accounts:

• Financial statements or proof of income may be required.

• KYC/AML Compliance Procedures:

• Complete identity verification through document submission.

• Answer questions regarding trading experience and financial situation.

• Verification Time Frames:

• Account verification typically takes 24-48 hours.

Part 4: traders allied Account Opening Process

Step-by-Step traders allied Account Opening Guide

1. Visit the Website: Go to the traders allied homepage.
2. Click Registration: Locate and click on the registration button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the desired account type based on your trading needs.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the account to be verified by the traders allied team.
8. Fund Your Account: Deposit the minimum required amount to activate your trading account.
9. Start Trading: Once funded, you can begin trading on your chosen platform.

• Desktop vs Mobile Registration Differences: The registration process is similar on both platforms, but the mobile version may have a simplified interface.
• Common Registration Issues and Solutions: Ensure all documents are clear and legible; contact support for any issues.
• Average Account Approval Time: Generally, account approval takes 24-48 hours.
• How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.

Part 5: traders allied Demo Account Information

traders allied Demo Account Guide

• Demo Account Features and Benefits:

• Allows traders to practice strategies without financial risk.

• Access to the same trading platforms and instruments as live accounts.

• How to Open a Demo Account:

• Follow the same registration steps but select the demo account option.

• Demo Account Limitations:

• Limited to virtual funds; cannot withdraw or transfer funds.

• Virtual Balance Amount: Typically, demo accounts are funded with a virtual balance of $10,000 or more.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts require real money deposits.

• Live accounts incur real trading costs (spreads, commissions).

• Duration/Expiry of Demo Accounts: Demo accounts may expire after a set period, usually 30 days, but can often be renewed.

Part 6: traders allied Islamic Account Details

traders allied Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, traders allied offers Islamic accounts that comply with Sharia law.
• Eligibility Requirements: Must provide proof of eligibility as a Muslim trader.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees, making them suitable for long-term holding.
• How to Apply for Islamic Account: Select the Islamic account option during registration or contact support for assistance.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles; no swaps or interest charges.

FAQs – traders allied Account Types & Opening

1. What account types does traders allied offer？

• traders allied 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: $500, Demo: N/A.

1. How long does traders allied account verification take？

• Account verification typically takes 24-48 hours.

1. Does traders allied offer demo accounts？

• Yes, traders allied provides demo accounts for practice trading.

1. Can I have multiple account types with traders allied？

• Yes, traders allied allows clients to hold multiple account types.

1. Does traders allied offer Islamic/swap-free accounts？

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

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

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

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.