UFT broker Accounts

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

Part 1: uft Account Types Overview

uft Account Types Explained

UFT offers several account types tailored to different trading needs and experiences. 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, no commission
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.1 pips, commission of $6 per round turn
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.0 pip, commission of $4 per round turn
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools and analytics
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account, no swaps
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading in compliance with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds, risk-free
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: uft Account Features Comparison

Detailed uft Account Features

Heres a detailed comparison of features across different uft account types:

• 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: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 1.0 pip

• Islamic: 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: 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: N/A

• Demo: N/A

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: N/A

• Demo: N/A

• Demo Account Features:

• Virtual balance for practice

• Access to all trading instruments

• Full trading functionality

Advantages of Each Account Type

• Standard Account:

• User-friendly interface

• Low minimum deposit

• No commission fees

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for scalping

• Pro Account:

• Advanced trading tools

• Lower commission fees

• Suitable for serious traders

• Islamic Account:

• Compliance with Sharia law

• No swap fees

• Available for all trading instruments

• Demo Account:

• Risk-free trading

• Practice with virtual funds

• Test strategies before going live

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

• Pro Account:

• Higher minimum deposit

• May not be suitable for casual traders

• Islamic Account:

• Limited to swap-free trading

• May have fewer features than standard accounts

• Demo Account:

• No real profit potential

• Limited to virtual funds

Part 3: uft Account Opening Requirements

uft Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries; specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or restrictions may be prohibited.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide a document showing your current address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial background.

KYC/AML Compliance Procedures

• UFT adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification and documentation.

Verification Time Frames

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

Part 4: uft Account Opening Process

Step-by-Step uft Account Opening Guide

1. Visit Website and Click Registration: Navigate to the UFT website and select the "Open Account" option.
2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Specify your trading preferences such as leverage and account currency.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are in the correct format and within size limits.
• Issue: Account 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

• Log into your account and navigate to the account settings. Select the option to upgrade or downgrade your account type and follow the prompts.

Part 5: uft Demo Account Information

uft Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk.
• Access to all trading instruments available in live accounts.
• Ability to test trading strategies in real market conditions.

How to Open a Demo Account

• Select the "Open Demo Account" option on the UFT website and follow the registration steps.

Demo Account Limitations

• Limited to virtual funds; no real profits can be made.
• May have a time limit on usage (typically 30 days).

Virtual Balance Amount

• The demo account usually comes 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.
• Trading conditions may vary slightly between demo and live environments.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

Part 6: uft Islamic Account Details

uft Islamic Account Details

Swap-Free/Islamic Account Availability

• UFT offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Must be a Muslim trader seeking a compliant trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for long-term positions.

How to Apply for Islamic Account

• During the account registration process, select the Islamic account option.

Restrictions or Special Conditions

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

FAQs – uft Account Types & Opening

1. What account types does uft offer？

• UFT 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: N/A.

1. How long does uft account verification take？

• Account verification typically takes 1-3 business days.

1. Does uft offer demo accounts？

• Yes, UFT offers demo accounts for practice trading.

1. Can I have multiple account types with uft？

• Yes, traders can open multiple account types under the same profile.

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

• Yes, UFT provides Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through your account settings.