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Pros

Established presence since 1950, providing a sense of experience in the industry.
Access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Decent execution speed and spread ratings, indicating competitive trading conditions.

Cons

Unregulated status, raising concerns about the safety and security of client funds.
Lack of support for popular trading platforms like MT4 or MT5, which may limit trading options for users.
No insurance for clients, increasing the risk for traders in case of broker insolvency or issues.

TSKB broker Accounts

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

tskb Account Types Explained

Available Account Types

  1. Standard Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.0 pips
  • Leverage Options: Up to 1:100
  • Key Features: Basic trading features suitable for beginners
  • Target User Profile: Beginners
  • Trading Instruments Available: Forex, commodities, indices
  1. ECN Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Low spreads starting from 0.0 pips + commission
  • Leverage Options: Up to 1:200
  • Key Features: Direct market access, lower spreads
  • Target User Profile: Advanced traders
  • Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
  1. Pro Account
  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Tight spreads with lower commission fees
  • Leverage Options: Up to 1:300
  • Key Features: Advanced trading tools and analytics
  • Target User Profile: Professional traders
  • Trading Instruments Available: Forex, commodities, indices, cryptocurrencies, stocks
  1. Islamic Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
  • Leverage Options: Up to 1:100
  • Key Features: Compliant with Sharia law
  • 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 live accounts
  • Leverage Options: Same as live accounts
  • Key Features: Practice trading without risk
  • Target User Profile: Beginners and experienced traders
  • Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Account Type Minimum Deposit Spread Leverage Key Features Target User
Standard $100 From 1.0 pips Up to 1:100 Basic features Beginners
ECN $500 From 0.0 pips Up to 1:200 Direct market access Advanced traders
Pro $1,000 Tight spreads Up to 1:300 Advanced tools Professional traders
Islamic $500 Similar to Standard Up to 1:100 Swap-free Muslim traders
Demo N/A Same as live Same as live Risk-free practice All traders

  • Beginners: Standard Account
  • Intermediate Traders: ECN Account
  • Advanced Traders: Pro Account
  • Muslim Traders: Islamic Account
  • Practice: Demo Account

Detailed tskb Account Features

Feature Comparison Across Account Types

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $500

  • Demo: N/A

  • Maximum Leverage:

  • Standard: Up to 1:100

  • ECN: Up to 1:200

  • Pro: Up to 1:300

  • Islamic: Up to 1:100

  • Demo: Same as live accounts

  • Spreads (Typical/Minimum):

  • Standard: From 1.0 pips

  • ECN: From 0.0 pips

  • Pro: Tight spreads

  • Islamic: Similar to Standard

  • Demo: Same as live accounts

  • Commission Fees:

  • Standard: None

  • ECN: Yes, based on trade volume

  • Pro: Lower commission fees

  • Islamic: None

  • Demo: None

  • Lot Size:

  • Standard: Micro/mini/standard

  • ECN: Micro/standard

  • Pro: Standard

  • Islamic: Micro/mini/standard

  • Demo: Micro/mini/standard

  • Available Trading Platforms:

  • Standard: MT4

  • ECN: MT4/MT5

  • Pro: MT4/MT5

  • Islamic: MT4

  • Demo: MT4/MT5

  • Execution Type:

  • Standard: Market

  • ECN: ECN

  • Pro: Market

  • Islamic: Market

  • Demo: Market

  • Islamic Account Availability:

  • Standard: No

  • ECN: No

  • Pro: No

  • Islamic: Yes

  • Demo: No

  • Swap-Free Options:

  • Standard: No

  • ECN: No

  • Pro: No

  • Islamic: Yes

  • Demo: No

  • Demo Account Features:

  • Virtual funds for practice

  • Same trading conditions as live accounts

  • Duration typically unlimited

Advantages and Disadvantages of Each Account Type

Standard Account

  • Advantages:
  • Low minimum deposit
  • No commission fees
  • User-friendly for beginners
  • Disadvantages:
  • Higher spreads compared to ECN
  • Limited advanced features

ECN Account

  • Advantages:
  • Low spreads
  • Direct market access
  • Suitable for high-frequency trading
  • Disadvantages:
  • Higher minimum deposit
  • Commission fees may apply

Pro Account

  • Advantages:
  • Advanced trading tools
  • Tight spreads and lower commissions
  • Suitable for professional trading
  • Disadvantages:
  • High minimum deposit
  • Complexity may overwhelm beginners

Islamic Account

  • Advantages:
  • Compliant with Sharia law
  • No swap fees
  • Same features as Standard or ECN
  • Disadvantages:
  • Limited availability
  • Higher minimum deposit than Standard

Demo Account

  • Advantages:
  • Risk-free trading
  • Unlimited duration for practice
  • Same trading conditions as live accounts
  • Disadvantages:
  • No real money involved
  • May not replicate emotional aspects of live trading

tskb Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available to residents of Turkey and select countries.
  • Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or national ID)
  • 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 include business registration documents or financial statements.

KYC/AML Compliance Procedures

  • All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
  • Verification of identity and source of funds is mandatory.

Verification Time Frames

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

Step-by-Step tskb Account Opening Guide

Registration Process

  1. Visit Website and Click Registration: Go to the TSKB website and select the account type you wish to open.
  2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
  3. Choose Account Type: Select the desired account type based on your trading needs.
  4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
  5. Document Upload: Upload required identity verification documents.
  6. Account Verification: Wait for TSKB to verify your documents.
  7. Fund Your Account: Once approved, deposit funds into your new account.
  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, though the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

  • Issue: Document upload fails.
  • Solution: Ensure documents are clear and in the required format.
  • Issue: Verification takes longer than expected.
  • Solution: Contact customer support for updates.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

  • Contact customer support to request an upgrade or downgrade; additional documentation may be required.

tskb Demo Account Guide

Demo Account Features and Benefits

  • Offers a risk-free environment to practice trading.
  • Provides access to the same trading conditions as live accounts.
  • Helps traders familiarize themselves with the trading platform.

How to Open a Demo Account

  • Visit the TSKB website and select the option to open a demo account.
  • Fill out the required information and submit.

Demo Account Limitations

  • Limited to virtual funds; cannot be used for real trading.
  • May have a time limit based on the broker's policy.

Virtual Balance Amount

  • Typically, demo accounts are funded with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts involve real money.
  • Emotional aspects of trading are absent in demo accounts.

Duration/Expiry of Demo Accounts

  • Demo accounts may remain active for an unlimited period, depending on the broker's policy.

tskb Islamic Account Details

Swap-Free/Islamic Account Availability

  • TSKB offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

  • Must be a Muslim trader seeking a swap-free account.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees, making them compliant 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

  • Islamic accounts may have specific trading conditions; consult with customer support for details.

FAQs – tskb Account Types & Opening

  1. What account types does tskb offer?
  • TSKB 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 tskb account verification take?
  • Verification typically takes 1-3 business days.
  1. Does tskb offer demo accounts?
  • Yes, TSKB offers demo accounts for practice trading.
  1. Can I have multiple account types with tskb?
  • Yes, you can open multiple accounts of different types.
  1. Does tskb offer Islamic/swap-free accounts?
  • Yes, TSKB provides Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a tskb 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.

TSKB accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
TSKB Account