VOG broker Accounts

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

vog Account Types Explained

The Value of Goods (VOG) offers several types of accounts tailored to different trading needs and expertise levels. Below is a detailed overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Fixed spreads starting from 1.5 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.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Variable spreads starting from 0.1 pips; commission of $3 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; lower spreads; suitable for scalping.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads from 0.0 pips; commission of $2 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Enhanced trading conditions; priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law; no interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of $10,000.
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment; practice trading strategies.
• Target User Profile: All trader levels.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• All Levels: Demo Account

Detailed vog Account Features

Feature Comparison Across Account Types

Advantages of Each Account Type

• Standard Account:

• User-friendly interface.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Lower spreads.

• Direct market access.

• Ideal for scalping strategies.

• Pro Account:

• Best trading conditions.

• Priority support.

• Suitable for high-volume traders.

• Islamic Account:

• Complies with Sharia law.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free environment.

• Practice trading strategies.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN and Pro accounts.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees may add up.

• Pro Account:

• High minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited to Muslim traders.

• May have fewer features than standard accounts.

• Demo Account:

• No real money trading.

• Limited duration for practice.

vog Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders in most countries, but specific restrictions may apply based on local regulations.
• Prohibited Countries: Countries under international sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of residence (utility bill or bank statement).
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) verification.
• Anti-Money Laundering (AML) checks will be conducted.

Verification Time Frames

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

Step-by-Step vog Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the VOG website and select the registration option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your account using available payment methods.
8. Start Trading: Once funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have simplified steps.

Common Registration Issues and Solutions

• Issue: Document upload failure.

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

• 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

• Log into your account, navigate to account settings, and select the option to upgrade or downgrade your account type.

vog Demo Account Guide

Demo Account Features and Benefits

• Provides a virtual balance to practice trading without financial risk.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Select the demo account option during the registration process and follow the prompts.

Demo Account Limitations

• Limited duration for practice (usually 30 days).
• Cannot withdraw funds or earn real profits.

Virtual Balance Amount

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

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts require actual funds for trading.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity.

vog Islamic Account Details

Swap-Free/Islamic Account Availability

• VOG offers Islamic accounts that comply with Sharia law, ensuring no interest is charged on overnight positions.

Eligibility Requirements

• Must be a Muslim trader to qualify for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them suitable for long-term positions.

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 – vog Account Types & Opening

1. What account types does vog offer？

• VOG 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 vog account verification take？

• Verification typically takes 1-3 business days.

1. Does vog offer demo accounts？

• Yes, VOG provides demo accounts for practice trading.

1. Can I have multiple account types with vog？

• Yes, traders can open multiple account types.

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

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

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through your account settings.