vikson broker Accounts

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

Part 1: vikson Account Types Overview

vikson Account Types Explained

Vikson offers several account types tailored to meet the needs of various traders, from beginners to experienced professionals. Below is a detailed 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: Ideal for beginners; user-friendly platform; access to educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; lower spreads; suitable for high-frequency trading.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads starting from 1.0 pip; commission of $2 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Advanced trading tools; priority customer support; tailored services.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, stocks.

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts but swap-free.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law; no interest fees.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Similar to Standard account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment; practice strategies; access to all trading instruments.
• 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
• Intermediate Traders: Pro Account
• Advanced Traders: ECN Account
• Muslim Traders: Islamic Account
• Traders Testing Strategies: Demo Account

Part 2: vikson Account Features Comparison

Detailed vikson Account Features

When selecting a vikson account type, it's essential to compare the features across different accounts:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.0 pips

• Pro: 1.0 pip

• Islamic: Similar to Standard

• Demo: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro/Standard

• ECN: Micro/Standard

• Pro: Mini/Standard

• Islamic: Micro/Standard

• Demo: Micro/Standard

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Islamic Account type only.

• Swap-Free Options:

• Available for Islamic Account.

• Demo Account Features:

• Virtual funds for practice; access to all trading instruments.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly

• Educational resources available

• No commission fees

• ECN Account:

• Direct market access

• Lower spreads

• Ideal for scalping

• Advanced trading tools

• Pro Account:

• Tailored services

• Priority support

• Competitive spreads

• Advanced trading features

• Islamic Account:

• Complies with Sharia law

• No interest fees

• Similar features to Standard accounts

• Demo Account:

• Risk-free environment

• Practice trading strategies

• Access to all instruments

• Unlimited duration for practice

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:

• High minimum deposit

• May not be suitable for beginners

• Islamic Account:

• Limited availability

• Similar features to Standard accounts

• Demo Account:

• No real profits

• Limited to virtual funds

Part 3: vikson Account Opening Requirements

vikson Account Registration Requirements

To open a vikson account, traders must meet specific eligibility criteria:

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Available in most countries; check specific restrictions.

• Prohibited Countries: Countries under sanctions or restrictions by financial authorities.

• Identity Verification Documents Needed:

• Government-issued ID (passport or drivers license).

• Proof of address (utility bill or bank statement).

• Proof of Residence Requirements:

• Recent document showing name and address.

• Additional Documentation for Professional Accounts:

• Proof of trading experience or qualifications may be required.

• KYC/AML Compliance Procedures:

• Complete identity verification to comply with regulations.

• Verification Time Frames:

• Typically within 24-48 hours after document submission.

Part 4: vikson Account Opening Process

Step-by-Step vikson Account Opening Guide

Opening a vikson account involves several straightforward steps:

1. Visit Website and Click Registration: Go to the vikson website and find the registration button.
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 and leverage options.
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 start trading.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Desktop registration offers a more extensive view of account options and features.
• Mobile registration is streamlined for quick access and ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure documents are clear and in the correct format.

• Issue: Delayed verification.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, accounts are approved within 24-48 hours.

How to Upgrade/Downgrade Account Types

• Traders can request changes through customer support or their account dashboard.

Part 5: vikson Demo Account Information

vikson Demo Account Guide

The vikson demo account provides a risk-free environment for traders to practice:

• Demo Account Features and Benefits:

• Access to all trading instruments.

• Practice trading strategies without risk.

• Virtual funds available for trading.

• How to Open a Demo Account:

• Visit the vikson website and select the demo account option.

• Fill in the required information and create an account.

• Demo Account Limitations:

• Limited to virtual funds; no real profits can be made.

• Virtual Balance Amount:

• Typically offers a virtual balance of $10,000.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts require real deposits.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually remain active for 30 days but can be extended.

Part 6: vikson Islamic Account Details

vikson Islamic Account Details

Vikson offers an Islamic account option for traders who require compliance with Sharia law:

• Swap-Free/Islamic Account Availability:

• Available upon request for eligible traders.

• Eligibility Requirements:

• Must provide documentation confirming the need for an Islamic account.

• Differences from Standard Accounts:

• No swap fees applied; otherwise similar features.

• How to Apply for Islamic Account:

• Select the Islamic account option during registration or request it through customer support.

• Restrictions or Special Conditions:

• Must comply with Sharia law; no interest fees can be charged.

FAQs – vikson Account Types & Opening

1. What account types does vikson offer？

• Vikson 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 vikson account verification take？

• Verification typically takes 24-48 hours.

1. Does vikson offer demo accounts？

• Yes, vikson provides demo accounts for practice trading.

1. Can I have multiple account types with vikson？

• Yes, traders can open multiple account types as needed.

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

• Yes, vikson offers Islamic accounts that comply with Sharia law.

1. What documents do I need to open a vikson 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.