trust capital Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: trust capital Account Types Overview
trust capital Account Types Explained
Trust Capital offers several types of trading accounts tailored to different trading styles and experience levels. Below is a detailed overview of each account type available:
1. Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
- Leverage Options: Up to 1:500.
- Key Features: User-friendly interface, access to a wide range of trading instruments.
- Target User Profile: Beginners and casual traders.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Spreads from 0.0 pips with a commission of $6 per round turn.
- Leverage Options: Up to 1:200.
- Key Features: Direct market access, lower spreads, and faster execution.
- Target User Profile: Experienced traders and scalpers.
- Trading Instruments Available: Forex, commodities, indices.
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Spreads from 0.1 pips with a commission of $4 per round turn.
- Leverage Options: Up to 1:300.
- Key Features: Advanced trading tools, priority customer support.
- Target User Profile: Professional traders and institutions.
- Trading Instruments Available: Forex, commodities, indices, and CFDs.
4. Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to the Standard Account; no swap fees.
- Leverage Options: Up to 1:500.
- Key Features: Compliant with Sharia law, no interest on overnight positions.
- Target User Profile: Muslim traders.
- Trading Instruments Available: Forex, commodities, indices.
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds).
- Spread/Commission Structure: Variable spreads similar to the Standard Account.
- Leverage Options: Up to 1:500.
- Key Features: Risk-free trading environment with virtual funds.
- Target User Profile: Beginners and traders wanting to practice.
- Trading Instruments Available: All instruments available in live accounts.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Demo Account
- Intermediate: ECN Account
- Advanced/Professional: Pro Account, Islamic Account
Part 2: trust capital Account Features Comparison
Detailed trust capital Account Features
The features across different trust capital account types vary significantly. Below is a comparison of key features:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.0 pips
Pro: 0.1 pips
Islamic: Similar to Standard
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: $6 per round turn
Pro: $4 per round turn
Islamic: None
Demo: None
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:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: N/A
Demo Account Features:
Virtual balance for practice trading, access to all instruments, and no time limit for usage.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit.
User-friendly for beginners.
Access to a wide range of instruments.
ECN Account:
Tight spreads and low commissions.
Fast execution speeds.
Ideal for scalping strategies.
Pro Account:
Advanced trading tools.
Lower commission rates.
Priority support for traders.
Islamic Account:
Compliant with Sharia law.
No swap fees.
Suitable for Muslim traders.
Demo Account:
Risk-free environment.
Practice trading strategies.
No financial commitment required.
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
ECN Account:
Higher minimum deposit.
Commission fees can add up for frequent traders.
Pro Account:
Higher minimum deposit.
More complex for beginners.
Islamic Account:
Limited to specific trading strategies.
May have fewer features than other accounts.
Demo Account:
No real money involved.
Limited to virtual trading experience.
Part 3: trust capital Account Opening Requirements
trust capital Account Registration Requirements
To open a trust capital account, the following eligibility criteria must be met:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; however, specific restrictions may apply based on local regulations.
Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
Identity Verification Documents Needed:
Government-issued ID (passport or drivers license).
Proof of address (utility bill or bank statement).
Proof of Residence Requirements: Recent documents showing the applicant's name and address.
Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures: All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and prevent fraud.
Verification Time Frames: Typically, account verification takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: trust capital Account Opening Process
Step-by-Step trust capital Account Opening Guide
- Visit Website and Click Registration: Go to the Trust Capital website and select the account type you wish to open.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the verification process to be completed by Trust Capital.
- Fund Your Account: Once verified, deposit funds into your trading account.
- Start Trading: Access your account and begin trading.
Desktop vs Mobile Registration Differences
- Desktop Registration: Typically offers a more comprehensive view of the application process with all features visible.
- Mobile Registration: May have a simplified interface but allows for quick registration on-the-go.
Common Registration Issues and Solutions
- Issue: Document upload failures.
- Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
- Issue: Delays in verification.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Most accounts are approved within 1-3 business days, depending on the completeness of the application.
How to Upgrade/Downgrade Account Types
- To change your account type, contact Trust Capital's customer support for guidance on the process and any additional requirements.
trust capital Demo Account Guide
-
Demo Account Features and Benefits:
Access to all trading instruments.
Practice trading strategies without financial risk.
Real-time market conditions with virtual funds.
How to Open a Demo Account:
Visit the Trust Capital website and select the demo account option.
Fill in the required information and create your demo account.
Demo Account Limitations:
Limited to virtual trading; no real money is involved.
May have a time limit depending on the broker's policy.
Virtual Balance Amount: Typically, demo accounts come with a virtual balance of $100,000 or similar.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Trading conditions may differ slightly in terms of execution speed and spreads.
Duration/Expiry of Demo Accounts: Demo accounts usually remain active for a specified period (e.g., 30 days) but may be extended upon request.
Part 6: trust capital Islamic Account (if available)
trust capital Islamic Account Details
- Swap-Free/Islamic Account Availability: Yes, Trust Capital offers Islamic accounts that comply with Sharia law.
- Eligibility Requirements: Must be a practicing Muslim; proof may be required.
- Differences from Standard Accounts: Islamic accounts do not incur swap fees for overnight positions.
- How to Apply for Islamic Account: Select the Islamic account option during registration or contact customer support for assistance.
- Restrictions or Special Conditions: Must adhere to Islamic finance principles, which may limit certain trading strategies.
FAQs – trust capital Account Types & Opening
- What account types does trust capital offer?
- Trust Capital offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
- How long does trust capital account verification take?
- Verification typically takes 1-3 business days.
- Does trust capital offer demo accounts?
- Yes, Trust Capital provides demo accounts for practice trading.
- Can I have multiple account types with trust capital?
- Yes, you can open multiple account types based on your trading needs.
- Does trust capital offer Islamic/swap-free accounts?
- Yes, Trust Capital offers Islamic accounts that do not incur swap fees.
- What documents do I need to open a trust capital account?
- A government-issued ID and proof of address are required.
- Can I change my account type after registration?
- Yes, you can change your account type by contacting customer support.
Trust Capital accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $1,000- $100,000 by (2+) --.