TraderUR offers several account types tailored to meet the needs of various traders, from beginners to advanced and institutional users. Below is a detailed overview of the available account types:
| Account Type | Minimum Deposit | Spread/Commission | Leverage | Key Features | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | 1:500 | Educational resources, 24/5 support | Beginners |
| ECN | $500 | From 0.0 pips + $5/lot | 1:200 | Direct market access | Experienced traders |
| Pro | $1,000 | From 0.5 pips + $3/lot | 1:100 | Enhanced tools, dedicated manager | Professional traders |
| Islamic | $100 | Similar to Standard | 1:500 | Swap-free, Sharia-compliant | Muslim traders |
| Demo | N/A | Simulated | N/A | Risk-free practice | Beginners and testers |
When comparing traderur account types, several features stand out:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:500
Demo: N/A
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Simulated
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Demo: N/A
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Micro, Mini, 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:
Available for Standard and Islamic accounts.
Swap-Free Options:
Available for Islamic accounts.
Demo Account Features:
Full access to all trading instruments and tools.
Standard Account:
Low minimum deposit.
No commission fees.
Educational resources available.
ECN Account:
Tight spreads.
Faster execution speeds.
Direct market access.
Pro Account:
Enhanced trading tools.
Dedicated account manager.
Priority customer service.
Islamic Account:
Complies with Sharia law.
No swap fees.
Demo Account:
Risk-free trading environment.
Access to all features of live accounts.
Standard Account:
Higher spreads compared to ECN accounts.
ECN Account:
Higher minimum deposit required.
Commission fees apply.
Pro Account:
Requires a significant initial investment.
Commission fees apply.
Islamic Account:
Limited to specific trading conditions.
Demo Account:
Virtual funds may not reflect real trading conditions.
To open a traderur account, the following eligibility criteria must be met:
Age Requirements:
Must be at least 18 years old.
Geographic Restrictions:
Available to residents of most countries; specific restrictions may apply.
Prohibited Countries:
Countries under international sanctions or those with specific regulatory restrictions.
Identity Verification Documents Needed:
Government-issued ID (passport or drivers license).
Proof of residence (utility bill or bank statement).
Proof of Residence Requirements:
Recent document showing your name and address.
Additional Documentation for Professional Accounts:
Proof of trading experience or financial statements may be required.
TraderUR adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address before trading.
The registration process is similar on both desktop and mobile platforms, with mobile offering a more streamlined experience for document uploads.
Issue: Document rejection.
Solution: Ensure documents are clear and legible; check for expiration dates.
Issue: Delays in verification.
Solution: Contact customer support for updates.
Typically, account approval takes between 1-3 business days, depending on the verification process.
Account type changes can be requested through the traderur customer support portal, subject to the new account's requirements.
Demo Account Features and Benefits:
Allows traders to practice without financial risk.
Access to all trading tools and instruments.
How to Open a Demo Account:
Follow the same registration process and select the demo account option.
Demo Account Limitations:
Limited to virtual funds; cannot be used for real trading.
Virtual Balance Amount:
Typically starts with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts require real funds and involve actual trading risks.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a set period, usually 30 days, but can often be renewed.
Swap-Free/Islamic Account Availability:
Yes, Islamic accounts are available for traders seeking compliance with Sharia law.
Eligibility Requirements:
Must provide documentation confirming the need for an Islamic account.
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:
Must adhere to specific trading conditions outlined by traderur.
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