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Rating Index
1.41
Regulation
0.00
License
0.00
Software Index
4.00
Risk Control
0.00
Business
6.23

Pros

Well-regulated by ASIC and VFSC, providing a level of credibility.
Offers a diverse range of trading instruments including forex, commodities, and cryptocurrencies.
User-friendly trading platform (MetaTrader 4) with fast execution speeds.

Cons

High minimum deposit requirement of $300, which may be a barrier for new traders.
Offshore regulation raises concerns about investor protection and fund safety.
Withdrawal fees can be high, including a 2% fee plus a $25 handling charge.

VATEE broker Accounts

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

Part 1: vatee Account Types Overview

vatee Account Types Explained

Vatee offers several account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type:

1. Standard Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Low spreads, no commission
  • Leverage Options: Up to 1:500
  • Key Features:
  • Access to all trading instruments
  • Participation in promotions
  • Target User Profile: Beginners and intermediate traders
  • Trading Instruments Available: Forex, commodities, cryptocurrencies, indices

2. Zero Account

  • Minimum Deposit Requirement: $200
  • Spread/Commission Structure: Close to zero spreads, commission applies
  • Leverage Options: Up to 1:500
  • Key Features:
  • Direct access to liquidity providers
  • High liquidity with no trading limitations
  • Target User Profile: Advanced traders seeking tight spreads
  • Trading Instruments Available: Forex, commodities, cryptocurrencies, indices

3. Pro Account

  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Lower spreads, commission applies
  • Leverage Options: Up to 1:500
  • Key Features:
  • Access to exclusive rewards in the points mall
  • Stable spreads during market volatility
  • Target User Profile: Professional and institutional traders
  • Trading Instruments Available: Forex, commodities, cryptocurrencies, indices

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to Standard Account, swap-free
  • Leverage Options: Up to 1:500
  • Key Features:
  • Compliant with Sharia law
  • No swap fees
  • Target User Profile: Muslim traders
  • Trading Instruments Available: Forex, commodities, cryptocurrencies, indices

5. Demo Account

  • Minimum Deposit Requirement: N/A (virtual funds)
  • Spread/Commission Structure: Simulated trading conditions
  • Leverage Options: Up to 1:500
  • Key Features:
  • Practice trading without financial risk
  • Access to all trading instruments
  • Target User Profile: Beginners and those testing strategies
  • Trading Instruments Available: Forex, commodities, cryptocurrencies, indices

Account Type Comparison Table

Account Type Minimum Deposit Max Leverage Spreads Commission Target User Profile
Standard $100 1:500 Low No Beginners, Intermediate
Zero $200 1:500 Close to Zero Yes Advanced
Pro $500 1:500 Lower Yes Professionals, Institutions
Islamic $100 1:500 Similar to Standard No Muslim Traders
Demo N/A 1:500 Simulated N/A Beginners, Strategy Testers

  • Beginners: Standard Account, Demo Account
  • Intermediate: Standard Account, Pro Account
  • Advanced: Zero Account, Pro Account
  • Professional/Institutional: Pro Account

Part 2: vatee Account Features Comparison

Detailed vatee Account Features

Comparison of Features Across Different Account Types

Feature Standard Account Zero Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $200 $500 $100 N/A
Maximum Leverage 1:500 1:500 1:500 1:500 1:500
Spreads Low Close to Zero Lower Similar to Standard Simulated
Commission Fees No Yes Yes No N/A
Lot Size Standard Standard Standard Standard N/A
Available Trading Platforms MT4 MT4 MT4 MT4 MT4
Execution Type Market ECN Market Market N/A
Islamic Account Availability Yes No No Yes No
Swap-Free Options No No No Yes N/A
Demo Account Features No No No No Yes

Advantages of Each Account Type

  • Standard Account:
  • No commission fees
  • Low minimum deposit
  • Access to promotions
  • Zero Account:
  • Extremely low spreads
  • Direct market access
  • High liquidity
  • Pro Account:
  • Lower spreads
  • Exclusive rewards
  • Stable trading conditions
  • Islamic Account:
  • Compliant with Sharia law
  • No swap fees
  • Demo Account:
  • Risk-free trading environment
  • Practice with virtual funds
  • Access to all instruments

Disadvantages of Each Account Type

  • Standard Account:
  • Higher spreads compared to Zero Account
  • Zero Account:
  • Commission fees apply
  • Higher minimum deposit
  • Pro Account:
  • Requires higher initial investment
  • Commission fees apply
  • Islamic Account:
  • Limited to Muslim traders
  • Demo Account:
  • Limited duration
  • No real financial gain

Part 3: vatee Account Opening Requirements

vatee Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old
  • Geographic Restrictions: Available globally, but may be restricted in certain jurisdictions
  • Prohibited Countries: Specific countries may be restricted based on regulatory compliance
  • Identity Verification Documents Needed:
  • Government-issued ID (passport or drivers license)
  • Proof of address (utility bill or bank statement)
  • Proof of Residence Requirements: Must be in the name of the account holder
  • Additional Documentation for Professional Accounts: May require proof of trading experience or financial status

KYC/AML Compliance Procedures

  • Vatee adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to provide valid identification and proof of residence.

Verification Time Frames

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

Part 4: vatee Account Opening Process

Step-by-Step vatee Account Opening Guide

  1. Visit Website and Click Registration: Go to the Vatee website and select the registration option.
  2. Personal Information Entry: Fill in personal details including name, email, and phone number.
  3. Choose Account Type: Select the desired account type (Standard, Zero, Pro, etc.).
  4. Set Trading Preferences: Define trading preferences such as leverage and trading instruments.
  5. Document Upload: Upload required identification and proof of residence documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to start trading.
  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, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

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

Average Account Approval Time

  • Typically ranges from 1 to 3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

  • Account types can be changed by contacting customer support and following their instructions for the upgrade or downgrade process.

Part 5: vatee Demo Account Information

vatee Demo Account Guide

Demo Account Features and Benefits

  • Provides a risk-free environment to practice trading strategies.
  • Access to all trading instruments available in live accounts.

How to Open a Demo Account

  • Visit the Vatee website and select the demo account option, then follow the registration steps.

Demo Account Limitations

  • Limited duration (typically 30 days).
  • Virtual funds only, no real financial gain.

Virtual Balance Amount

  • Usually starts with a virtual balance of $10,000.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

  • Demo accounts typically expire after 30 days of inactivity.

Part 6: vatee Islamic Account (if available)

vatee Islamic Account Details

Swap-Free/Islamic Account Availability

  • Vatee offers a swap-free Islamic account option for Muslim traders.

Eligibility Requirements

  • Must provide documentation confirming Muslim status.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees, making them compliant with Sharia law.

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 that differ from standard accounts.

FAQs – vatee Account Types & Opening

  1. What account types does vatee offer?
  • Vatee offers Standard, Zero, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, Zero: $200, Pro: $500, Islamic: $100, Demo: N/A.
  1. How long does vatee account verification take?
  • Verification typically takes 1-3 business days.
  1. Does vatee offer demo accounts?
  • Yes, vatee offers demo accounts for practice trading.
  1. Can I have multiple account types with vatee?
  • Yes, traders can open multiple account types.
  1. Does vatee offer Islamic/swap-free accounts?
  • Yes, vatee offers Islamic accounts that are compliant with Sharia law.
  1. What documents do I need to open a vatee account?
  • A government-issued ID and proof of address are required.
  1. Can I change my account type after registration?
  • Yes, you can change your account type by contacting customer support.
VATEE accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
VATEE Account