Vizavi broker Accounts

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

Part 1: vizavi Account Types Overview

vizavi Account Types Explained

Vizavi offers a variety of account types to cater to different trading needs and preferences. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: No minimum deposit
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:200
• Key Features: Basic trading tools, access to major currency pairs
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

2. ECN Account

• Minimum Deposit Requirement: No minimum deposit
• Spread/Commission Structure: Tight spreads starting from 0.1 pips with a commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, faster execution
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

3. Pro Account

• Minimum Deposit Requirement: No minimum deposit
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Experienced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: No minimum deposit
• Spread/Commission Structure: Similar to Standard or Pro accounts, depending on the choice
• Leverage Options: Up to 1:200
• Key Features: Swap-free trading to comply with Islamic finance principles
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (not applicable)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:200
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and those 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
• Practice Traders: Demo Account

Part 2: vizavi Account Features Comparison

Detailed vizavi Account Features

The following features compare the various account types offered by vizavi:

• Minimum Deposit:

• All accounts have no minimum deposit requirement.

• Maximum Leverage:

• All accounts offer leverage up to 1:200.

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.1 pips

• Pro: 0.5 pips

• Islamic: Similar to Standard or Pro

• Commission Fees:

• ECN: $5 per lot

• Pro: $3 per lot

• Standard and Islamic: No commission

• Lot Size:

• Standard Lot sizes available across all accounts.

• Available Trading Platforms:

• MT5 for all account types.

• Execution Type:

• ECN accounts provide direct market access, while others may offer market or instant execution.

• Islamic Account Availability:

• Available for all account types.

• Swap-Free Options:

• Islamic accounts are specifically designed to be swap-free.

• Demo Account Features:

• Available for all account types with virtual funds.

Advantages of Each Account Type

• Standard Account:

• Easy access for beginners

• No minimum deposit

• Basic trading tools

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for high-frequency trading

• Pro Account:

• Lower commission fees

• Advanced trading tools

• Priority support

• Islamic Account:

• Complies with Islamic finance principles

• No swap fees

• Demo Account:

• Risk-free trading environment

• Practice with virtual funds

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Commission fees may deter some traders

• Requires more trading knowledge

• Pro Account:

• Not suitable for beginners

• Higher minimum trade sizes

• Islamic Account:

• Limited to Muslim traders

• May have fewer features compared to other accounts

• Demo Account:

• Virtual funds do not reflect real market conditions

• Limited duration for practice

Part 3: vizavi Account Opening Requirements

vizavi Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Not available for residents of Canada, the USA, and Japan.
• Prohibited Countries: Specific countries may be restricted based on local regulations.

Identity Verification Documents Needed:

• Valid government-issued ID (passport or national ID)
• Proof of residence (utility bill or bank statement)

Additional Documentation for Professional Accounts:

• Proof of trading experience or financial status may be required.

KYC/AML Compliance Procedures:

• All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: vizavi Account Opening Process

Step-by-Step vizavi Account Opening Guide

1. Visit Website and Click Registration: Go to the official vizavi website and click on the "Register" button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Indicate your trading preferences and strategies.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Once verified, deposit funds into your account using available payment methods.
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 failure
• Solution: Ensure documents are clear and meet the required format.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Traders can contact customer support to request an upgrade or downgrade of their account type.

Part 5: vizavi Demo Account Information

vizavi Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Access to the same trading instruments as live accounts.
• Ideal for testing strategies and familiarizing with the trading platform.

How to Open a Demo Account

• Follow the same registration process as for live accounts but select the demo option.

Demo Account Limitations

• Limited duration of use (typically 30 days).
• Virtual funds may not accurately reflect real market conditions.

Virtual Balance Amount

• Traders are usually provided with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days unless extended.

Part 6: vizavi Islamic Account Details

vizavi Islamic Account Details

Swap-Free/Islamic Account Availability

• Available for all account types, allowing traders to comply with Islamic finance principles.

Eligibility Requirements

• Must be a Muslim trader.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific conditions regarding trading strategies and instruments.

FAQs – vizavi Account Types & Opening

1. What account types does vizavi offer？

• Vizavi offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• All account types have no minimum deposit requirement.

1. How long does vizavi account verification take？

• Verification typically takes 1-3 business days.

1. Does vizavi offer demo accounts？

• Yes, vizavi offers demo accounts for practice trading.

1. Can I have multiple account types with vizavi？

• Yes, traders can have multiple account types.

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

• Yes, Islamic accounts are available for all account types.

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

• A valid 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.