Tribely broker Accounts

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

Part 1: tribely Account Types Explained

Available Account Types

Tribely offers several account types tailored to different trading needs and experience levels:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Fixed spread starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, access to basic trading tools
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spread starting from 0.1 pips + $5 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, faster execution
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spread starting from 0.0 pips + $3 commission per lot
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:200
• Key Features: Compliance with Sharia law, no interest charges
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

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: tribely Account Features Comparison

Detailed tribely Account Features

When comparing the features of different tribely account types, consider the following aspects:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:200

• Demo: Same as Standard

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.0 pips

• Islamic: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: ECN

• Islamic: Market

• Islamic Account Availability:

• Available for Islamic Account

• Swap-Free Options:

• Available for Islamic Account

• Demo Account Features:

• Virtual funds, access to all trading instruments, same spreads as Standard Account

Advantages of Each Account Type

• Standard Account:

• User-friendly interface

• Low minimum deposit

• Suitable for beginners

• ECN Account:

• Lower spreads

• Faster execution

• Direct market access

• Pro Account:

• Advanced trading tools

• Priority support

• Competitive spreads

• Islamic Account:

• No interest charges

• Compliance with Sharia law

• Available for all trading instruments

• Demo Account:

• Risk-free trading

• Practice strategies

• Access to all features

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN and Pro

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Highest minimum deposit

• Commission fees apply

• Islamic Account:

• Limited availability for non-Muslim traders

• Higher minimum deposit compared to Standard

• Demo Account:

• Virtual funds may not reflect real trading conditions

• Limited duration for practice

Part 3: tribely Account Registration Requirements

tribely Account Registration Requirements

To open a tribely account, you must meet the following eligibility criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Users from certain countries may be prohibited (specific countries not listed).
• Prohibited Countries: Users from countries under U.S. Government embargo or designated as terrorist-supporting are not allowed.
• Identity Verification Documents Needed: Government-issued ID (passport, driver's license).
• Proof of Residence Requirements: Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• All users must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Verification may involve submitting identification documents and proof of address.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Part 4: tribely Account Opening Process

Step-by-Step tribely Account Opening Guide

1. Visit Website and Click Registration: Go to the official tribely website.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification and proof of residence documents.
6. Account Verification: Wait for the account to be verified by the tribely team.
7. Fund Your Account: Deposit the minimum required amount to start trading.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with mobile registration optimized for smaller screens.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are in the correct format and size.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Users can request to upgrade or downgrade their account type through the customer support portal.

Part 5: tribely Demo Account Information

tribely Demo Account Guide

• Demo Account Features and Benefits: Allows users to practice trading with virtual funds, access to all trading instruments, and no risk involved.
• How to Open a Demo Account: Select the demo account option during the registration process.
• Demo Account Limitations: Limited to virtual funds; may not reflect real market conditions.
• Virtual Balance Amount: Typically set at $10,000 in virtual funds.
• Demo vs Live Account Differences: Demo accounts do not involve real money; live accounts require actual funds.
• Duration/Expiry of Demo Accounts: Demo accounts may expire after a certain period, typically 30 days.

Part 6: tribely Islamic Account Details

tribely Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, tribely offers Islamic accounts that comply with Sharia law.
• Eligibility Requirements: Must be a Muslim trader; documentation may be required.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees.
• How to Apply for Islamic Account: Select the Islamic account option during registration or contact customer support.
• Restrictions or Special Conditions: Must adhere to Islamic finance principles; no interest charges.

FAQs – tribely Account Types & Opening

1. What account types does tribely offer？

• Tribely 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 tribely account verification take？

• Verification typically takes 1-3 business days.

1. Does tribely offer demo accounts？

• Yes, tribely offers demo accounts for practice trading.

1. Can I have multiple account types with tribely？

• Yes, users can have multiple account types.

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

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

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

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

1. Can I change my account type after registration？

• Yes, users can request to change their account type through customer support.