trust coin offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread | Commission | Leverage | Key Features |
|---|---|---|---|---|---|
| Standard | $100 | 1.5 pips | None | 1:500 | User-friendly, educational resources |
| ECN | $500 | 0.1 pips | $5/lot | 1:200 | Direct market access, lower spreads |
| Pro | $1,000 | 0.0 pips | $3/lot | 1:100 | Advanced tools, priority support |
| Islamic | $100 | Similar to Standard | None | 1:500 | Sharia-compliant, no swap fees |
| Demo | N/A | Simulated | None | 1:500 | Risk-free environment, practice |
This section compares the features across different account types offered by trust coin.
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: 1:500 (simulated)
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.1 pips
Pro: 0.0 pips
Islamic: Similar to Standard
Demo: Simulated
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
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:
All account types: MT4, MT5, and proprietary platforms.
Execution Type:
Standard: Market
ECN: ECN
Pro: ECN
Islamic: Market
Demo: Market
Islamic Account Availability:
Yes, for Standard and Islamic accounts.
Swap-Free Options:
Available for Islamic accounts.
Demo Account Features:
Virtual balance, access to all trading instruments, and no time limit on practice.
Standard Account:
Low minimum deposit.
User-friendly for beginners.
Access to educational resources.
ECN Account:
Tight spreads and fast execution.
Suitable for scalping strategies.
Direct access to market liquidity.
Pro Account:
Advanced trading tools and analytics.
Lower commission fees for high-volume traders.
Priority customer support.
Islamic Account:
Compliant with Sharia law.
No interest charges on overnight positions.
Suitable for Muslim traders.
Demo Account:
Risk-free trading environment.
Ideal for testing strategies.
No financial commitment required.
Standard Account:
Higher spreads compared to ECN and Pro accounts.
Limited advanced features.
ECN Account:
Higher minimum deposit requirement.
Commission fees may add up for frequent traders.
Pro Account:
Requires a higher initial investment.
May not be suitable for casual traders.
Islamic Account:
Limited availability of some trading instruments.
May have restrictions on certain trading strategies.
Demo Account:
No real financial gain.
Limited to simulated trading conditions.
To open a trust coin account, the following eligibility criteria must be met:
To register for a trust coin account, follow these steps:
Demo Account Features and Benefits:
Allows users to practice trading without financial risk.
Access to all trading instruments available in live accounts.
Ideal for beginners to learn the platform and for experienced traders to test strategies.
How to Open a Demo Account:
Follow the same registration process and select the Demo Account option.
Demo Account Limitations:
No real financial gains; purely for practice.
May have a limited virtual balance.
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 involve real money.
Trading conditions may differ slightly between demo and live environments.
Duration/Expiry of Demo Accounts:
Demo accounts may have no expiration, but users should check specific terms.
Swap-Free/Islamic Account Availability:
Yes, trust coin offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must declare the need for an Islamic account during registration.
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 the registration process.
Restrictions or Special Conditions:
May have limitations on certain trading strategies that involve interest.
Explore broker markets account types: forex/trading accounts with demo access.