UNITED CAPITAL broker Accounts

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

united capital Account Types Explained

United Capital offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types, including their features and requirements.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners; access to all trading instruments.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.0 pips; 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: Spreads from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions; suitable for professional traders.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

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, and cryptocurrencies.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of $10,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk; access to all trading instruments.
• Target User Profile: Beginners and those wanting to test strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

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.

Detailed united capital Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: $0

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads:

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: Same as Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Standard

• Pro: 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: Yes for Islamic Account.

• Swap-Free Options: Yes for Islamic Account.

• Demo Account Features: Available for all account types.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Suitable for beginners.

• Access to all trading instruments.

• ECN Account:

• Tight spreads.

• Direct market access.

• Ideal for scalping strategies.

• Pro Account:

• Enhanced trading conditions.

• Lower commission fees.

• Suitable for professional trading.

• Islamic Account:

• No swap fees.

• Compliant with Sharia law.

• Available for all trading instruments.

• Demo Account:

• Risk-free trading environment.

• Practice strategies without financial risk.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may apply.

• Pro Account:

• Requires a higher initial investment.

• Not suitable for beginners.

• Islamic Account:

• Limited to Muslim traders.

• May have restrictions on certain trading strategies.

• Demo Account:

• Limited duration.

• No real financial gains.

united capital Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries; check specific restrictions.
• Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
• Identity Verification Documents Needed:
• Valid International Passport.
• National ID card or Driver's License.
• Proof of Residence Requirements:
• Utility bill or bank statement issued within the last 6 months.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial statements.

KYC/AML Compliance Procedures

• United Capital adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

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

Step-by-Step united capital Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit the Website: Go to the United Capital homepage.
2. Click Registration: Find and click on the 'Register' button.
3. Personal Information Entry: Fill in your personal details as required.
4. Choose Account Type: Select the account type that suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences during registration.
6. Document Upload: Upload the required identity and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to start trading.
9. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor layout adjustments for mobile users.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and in supported formats (PNG, JPEG, JPG, PDF).
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

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

united capital Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, virtual balance for practice, and risk-free trading environment.
• Benefits: Ideal for beginners to practice trading strategies without financial risk.

How to Open a Demo Account

• Visit the United Capital website and select the option to open a demo account. Follow the registration steps as outlined for live accounts.

Demo Account Limitations

• Limited duration and may expire after a set period (usually 30 days).

Virtual Balance Amount

• Typically, demo accounts offer a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts require a minimum deposit and involve actual trading.

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after 30 days of inactivity.

united capital Islamic Account Details

Swap-Free/Islamic Account Availability

• United Capital offers Islamic accounts that comply with Sharia law, allowing for trading without incurring interest.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have specific trading restrictions.

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 limitations on certain trading strategies that involve interest.

FAQs – united capital Account Types & Opening

1. What account types does united capital offer？

• United Capital 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: $0.

1. How long does united capital account verification take？

• Verification typically takes 1-3 business days.

1. Does united capital offer demo accounts？

• Yes, United Capital offers demo accounts for practice trading.

1. Can I have multiple account types with united capital？

• Yes, you can open multiple account types, subject to the requirements of each.

1. Does united capital offer Islamic/swap-free accounts？

• Yes, United Capital provides Islamic accounts that are compliant with Sharia law.

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

• A valid ID (Passport, National ID, or Driver's License) and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.