VCML broker Accounts

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

Part 1: vcml Account Types Explained

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: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips + $3 commission per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, ideal for scalpers
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1.0 pip
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: No swap fees, 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 Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and experienced traders testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: vcml Account Features Comparison

Detailed vcml Account Features

• 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: Same as Standard

• Spreads (Typical/Minimum):

• Standard: Variable from 1.5 pips

• ECN: Raw from 0.0 pips

• Pro: Fixed from 1.0 pip

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: None

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, 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: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account

• Swap-Free Options: Available for Islamic Account

• Demo Account Features: Access to all instruments, practice trading

• Advantages of Each Account Type:

• Standard: Low minimum deposit, user-friendly

• ECN: Low spreads, direct market access

• Pro: Fixed spreads, priority support

• Islamic: Compliant with Sharia law, no swap fees

• Demo: Risk-free environment for practice

• Disadvantages of Each Account Type:

• Standard: Higher spreads compared to ECN

• ECN: Higher minimum deposit, commission fees

• Pro: Higher minimum deposit

• Islamic: Limited to specific trading conditions

• Demo: No real profits, limited duration

Part 3: vcml Account Registration Requirements

vcml Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Minimum age of 18 years

• Geographic Restrictions: Available in most countries; check specific regulations

• Prohibited Countries: Countries under sanctions or restrictions (specific list not provided)

• Identity Verification Documents Needed: Government-issued ID (passport or drivers license)

• Proof of Residence Requirements: Utility bill or bank statement with current address

• Additional Documentation for Professional Accounts: Proof of trading experience or financial statements

• KYC/AML Compliance Procedures:

• Verification of identity and address to comply with regulations

• Submission of required documents during registration

• Verification Time Frames:

• Typically 1-3 business days for account verification

Part 4: vcml Account Opening Process

Step-by-Step vcml Account Opening Guide

1. Visit Website and Click Registration: Navigate to the vcml official website and click on the "Open Account" button.
2. Personal Information Entry: Fill in personal details including name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate trading preferences such as leverage and preferred trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to complete (1-3 business days).
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 platforms, but mobile registration may have a simplified interface.
• Common Registration Issues and Solutions: Issues may include document rejection due to poor quality; ensure all documents are clear and legible.
• Average Account Approval Time: 1-3 business days.
• How to Upgrade/Downgrade Account Types: Contact customer support to request an account type change.

Part 5: vcml Demo Account Information

vcml Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments

• Risk-free environment to practice trading strategies

• Ability to test the trading platform without financial risk

• How to Open a Demo Account: Follow the same registration process as for live accounts, selecting "Demo Account" as the account type.

• Demo Account Limitations: Limited to virtual funds; no real profits can be made.

• Virtual Balance Amount: Typically $100,000 in virtual funds.

• 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 typically last for 30 days but can be extended upon request.

Part 6: vcml Islamic Account Details

vcml Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, vcml offers Islamic accounts that comply with Sharia law.
• Eligibility Requirements: Must be a practicing Muslim; verification may be required.
• Differences from Standard Accounts: No swap fees, similar trading conditions to Standard Accounts.
• How to Apply for Islamic Account: Select the Islamic Account option during registration and provide necessary documentation.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles; no overnight positions with interest.

FAQs – vcml Account Types & Opening

1. What account types does vcml offer？

• vcml 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 vcml account verification take？

• Verification typically takes 1-3 business days.

1. Does vcml offer demo accounts？

• Yes, vcml offers demo accounts for practice trading.

1. Can I have multiple account types with vcml？

• Yes, traders can open multiple account types.

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

• Yes, vcml offers Islamic accounts that are swap-free.

1. What documents do I need to open a vcml 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 change your account type through customer support.