TRUSTBET broker Accounts

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

trustbet Account Types Explained

trustbet offers several account types designed to cater to different trading needs and preferences. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Ideal for beginners; access to all trading instruments.
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.1 pips with a commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for scalping.
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads starting from 0.5 pips with a commission of $3 per lot
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority support.
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading to comply with Sharia law.
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Risk-free trading environment for practice.
• Target User Profile: Beginners and experienced traders looking to test strategies
• Trading Instruments Available: All available instruments

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Advanced Traders: ECN Account
• Professional Traders: Pro Account
• Muslim Traders: Islamic Account
• Practicing Traders: Demo Account

Detailed trustbet Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• No commission fees
• User-friendly for beginners
• Access to all trading instruments
• ECN Account:
• Tight spreads
• Direct market access
• Suitable for scalping
• Lower trading costs
• Pro Account:
• Competitive spreads
• Priority customer support
• Enhanced trading conditions
• Suitable for high-volume traders
• Islamic Account:
• Complies with Sharia law
• No swap fees
• Same features as Standard Account
• Demo Account:
• Risk-free trading environment
• Practice with virtual funds
• Access to all trading instruments
• Ideal for testing strategies

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited features for advanced traders
• ECN Account:
• Higher minimum deposit
• Commission fees apply
• Pro Account:
• High minimum deposit
• Commission fees apply
• Islamic Account:
• Limited availability for non-Muslim traders
• Demo Account:
• Virtual funds may not reflect real trading conditions
• Limited duration for practice

trustbet Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific regions may be restricted.
• Prohibited Countries: Countries under international sanctions or restrictions.
• Identity Verification Documents Needed: Government-issued ID (passport, national ID).
• Proof of Residence Requirements: Utility bill or bank statement dated within the last three months.
• Additional Documentation for Professional Accounts: Proof of trading experience or financial qualifications.

KYC/AML Compliance Procedures

• All new accounts must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• Verification may include identity checks and source of funds verification.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the volume of applications.

Step-by-Step trustbet Account Opening Guide

Registration Process

1. Visit Website and Click Registration: Navigate to the trustbet homepage and click on the "Register" button.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the trustbet team to verify your documents.
7. Fund Your Account: Once verified, deposit funds into your account using your preferred payment method.
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 the mobile version optimized for smaller screens.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Unable to complete registration.
• Solution: Check for any missing fields or errors in the provided information.

Average Account Approval Time

• The average time for account approval is between 1-3 business days, depending on the completeness of the submitted documents.

How to Upgrade/Downgrade Account Types

• Users can contact customer support to request an upgrade or downgrade of their account type, subject to the minimum deposit requirements of the new account type.

trustbet Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice without financial risk using virtual funds.
• It provides access to all trading instruments and features available in live accounts.

How to Open a Demo Account

• Visit the trustbet website and select the option to open a demo account.
• Fill in the required information and set your trading preferences.

Demo Account Limitations

• The demo account may have a limited duration, typically expiring after 30 days.
• Virtual funds do not reflect real market conditions.

Virtual Balance Amount

• The demo account usually comes with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Live accounts may incur real trading costs, such as spreads and commissions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity or after the initial balance is depleted.

trustbet Islamic Account Details

Swap-Free/Islamic Account Availability

• trustbet offers an Islamic account that is compliant with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Traders must declare their intention to open an Islamic account and provide necessary documentation to verify their eligibility.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for Muslim traders.

How to Apply for Islamic Account

• Traders can apply for an Islamic account during the registration process or by contacting customer support after opening a standard account.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limits on certain trading strategies.

FAQs – trustbet Account Types & Opening

1. What account types does trustbet offer？

• trustbet 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: $100, Demo: Virtual funds.

1. How long does trustbet account verification take？

• Verification typically takes 1-3 business days.

1. Does trustbet offer demo accounts？

• Yes, trustbet provides demo accounts for practice trading.

1. Can I have multiple account types with trustbet？

• Yes, traders can open multiple account types, subject to minimum deposit requirements.

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

• Yes, trustbet offers Islamic accounts that comply with Sharia law.

1. What documents do I need to open a trustbet 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 upgrade or downgrade your account type through customer support.