yasir mahmood Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
yasir mahmood Account Types Explained
Yasir Mahmood offers a variety of account types designed to cater to different trading needs and preferences. Below is an overview of the available account types, including their features, minimum deposit requirements, and target user profiles.
1. Standard Account
- Minimum Deposit Requirement: PKR 10,000
- Spread/Commission Structure: Variable spreads starting from 1.0 pips
- Leverage Options: Up to 1:100
- Key Features:
- Access to a wide range of trading instruments
- Suitable for beginners and retail traders
- Target User Profile: Beginner to intermediate traders
- Trading Instruments Available: Forex, commodities, indices, and stocks
2. ECN Account
- Minimum Deposit Requirement: PKR 50,000
- Spread/Commission Structure: Tight spreads starting from 0.0 pips plus a commission
- Leverage Options: Up to 1:200
- Key Features:
- Direct market access
- Ideal for high-frequency trading
- Target User Profile: Advanced and professional traders
- Trading Instruments Available: Forex, commodities, indices
3. Pro Account
- Minimum Deposit Requirement: PKR 100,000
- Spread/Commission Structure: Competitive spreads with lower commissions
- Leverage Options: Up to 1:200
- Key Features:
- Enhanced trading conditions
- Suitable for institutional clients
- Target User Profile: Institutional and professional traders
- Trading Instruments Available: Forex, commodities, indices, and stocks
4. Islamic Account
- Minimum Deposit Requirement: PKR 10,000
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:100
- Key Features:
- Swap-free trading conditions
- Compliant with Islamic finance principles
- Target User Profile: Muslim traders
- Trading Instruments Available: Forex, commodities, indices, and stocks
5. Demo Account
- Minimum Deposit Requirement: Virtual balance provided
- Spread/Commission Structure: Similar to Standard Account
- Leverage Options: Up to 1:100
- Key Features:
- Risk-free trading environment
- Ideal for practice and strategy testing
- Target User Profile: All traders, especially beginners
- Trading Instruments Available: Forex, commodities, indices, and stocks
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginner: Standard Account, Demo Account
- Intermediate: Standard Account, Islamic Account
- Advanced: ECN Account
- Professional: Pro Account
Detailed yasir mahmood Account Features
Comparison of Features Across Different Account Types
-
Minimum Deposit:
Standard: PKR 10,000
ECN: PKR 50,000
Pro: PKR 100,000
Islamic: PKR 10,000
Demo: Virtual balance
Maximum Leverage:
Standard: 1:100
ECN: 1:200
Pro: 1:200
Islamic: 1:100
Demo: 1:100
Spreads:
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: Competitive
Islamic: Similar to Standard
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: Yes (based on trading volume)
Pro: Lower than Standard
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: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: Not applicable
Demo Account Features:
Virtual balance for practice
Access to all trading instruments
Time-limited access (typically 30 days)
Advantages and Disadvantages of Each Account Type
Standard Account
- Advantages:
- Low minimum deposit
- User-friendly for beginners
- Access to various trading instruments
- Disadvantages:
- Higher spreads compared to ECN
- Limited leverage for advanced traders
ECN Account
- Advantages:
- Tight spreads
- Direct market access
- Suitable for high-frequency trading
- Disadvantages:
- Higher minimum deposit
- Commission fees may apply
Pro Account
- Advantages:
- Enhanced trading conditions
- Lower commission fees
- Suitable for institutional clients
- Disadvantages:
- High minimum deposit requirement
- May not be suitable for beginners
Islamic Account
- Advantages:
- Complies with Islamic finance principles
- Swap-free trading
- Low minimum deposit
- Disadvantages:
- Limited availability of certain features
Demo Account
- Advantages:
- Risk-free trading environment
- Ideal for practice and strategy testing
- Access to all trading instruments
- Disadvantages:
- Virtual balance may not reflect real market conditions
- Time-limited access
yasir mahmood Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of Pakistan and select international locations.
- Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
- Identity Verification Documents Needed:
- National ID card (CNIC/SNIC/NICOP)
- Proof of residence (utility bill, bank statement)
- Proof of Residence Requirements: Must provide a document showing the current address.
- Additional Documentation for Professional Accounts: May require business registration documents or proof of trading experience.
KYC/AML Compliance Procedures
- Clients must complete Know Your Customer (KYC) verification to comply with Anti-Money Laundering (AML) regulations.
- Verification includes submitting identity and address proof documents.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Step-by-Step yasir mahmood Account Opening Guide
Registration Process
- Visit Website: Go to the official Yasir Mahmood website.
- Click Registration: Find and click on the registration button.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic).
- Set Trading Preferences: Specify trading preferences and leverage options.
- Document Upload: Upload required identity verification documents.
- Account Verification: Wait for the broker to verify the submitted documents.
- Fund Your Account: Deposit the minimum required amount to activate the account.
- Start Trading: Once the account is funded and verified, 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 for ease of use.
Common Registration Issues and Solutions
- Issue: Document upload fails.
- Solution: Ensure documents are in the correct format and size (JPEG, PNG, max 400KB).
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- The average time for account approval is between 1-3 business days, depending on the verification process.
How to Upgrade/Downgrade Account Types
- Clients can request to change their account type by contacting customer support or through their account management portal.
yasir mahmood Demo Account Guide
Demo Account Features and Benefits
- The demo account allows traders to practice without risking real money.
- It provides access to all trading instruments available in live accounts.
How to Open a Demo Account
- Visit the Yasir Mahmood website and select the demo account option.
- Complete the registration form and follow the prompts to set up the demo account.
Demo Account Limitations
- The demo account is typically time-limited (e.g., 30 days).
- It may not provide access to all features available in live accounts.
Virtual Balance Amount
- The demo account usually comes with a virtual balance (e.g., PKR 1,000,000) for practice trading.
Demo vs Live Account Differences
- Demo accounts do not involve real money transactions, while live accounts require actual funds.
- Market conditions in demo accounts may not fully replicate live trading experiences.
Duration/Expiry of Demo Accounts
- Demo accounts typically expire after 30 days, but this may vary based on the broker's policies.
yasir mahmood Islamic Account Details
Swap-Free/Islamic Account Availability
- Yasir Mahmood offers Islamic accounts that comply with Shariah law, allowing traders to engage in swap-free trading.
Eligibility Requirements
- Traders must declare their Islamic status and provide necessary documentation to qualify for an Islamic account.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, making them suitable for Muslim traders.
How to Apply for Islamic Account
- Clients can apply for an Islamic account during the registration process or request a conversion from their existing account type.
Restrictions or Special Conditions
- Islamic accounts may have specific conditions regarding trading instruments and leverage options.
FAQs – yasir mahmood Account Types & Opening
- What account types does yasir mahmood offer?
- Yasir Mahmood offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: PKR 10,000, ECN: PKR 50,000, Pro: PKR 100,000, Islamic: PKR 10,000, Demo: Virtual balance.
- How long does yasir mahmood account verification take?
- Verification typically takes 1-3 business days.
- Does yasir mahmood offer demo accounts?
- Yes, Yasir Mahmood offers demo accounts for practice trading.
- Can I have multiple account types with yasir mahmood?
- Yes, clients can open multiple account types.
- Does yasir mahmood offer Islamic/swap-free accounts?
- Yes, Yasir Mahmood offers Islamic accounts that are swap-free.
- What documents do I need to open a yasir mahmood account?
- Required documents include a national ID card and proof of residence.
- Can I change my account type after registration?
- Yes, clients can request to upgrade or downgrade their account types.
Yasir Mahmood accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .