YD broker Accounts

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

Part 1: yd Account Types Overview

yd Account Types Explained

Yandex Direct (yd) offers several account types tailored to different trading needs and user profiles. 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
• Leverage Options: Up to 1:100
• Key Features: Basic trading tools, access to major currency pairs, and standard execution.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips + lower commission
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, dedicated account manager, and priority support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Comprehensive range including forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but without swap fees.
• Leverage Options: Up to 1:200
• Key Features: Compliant with Sharia law, no swap fees, and access to all trading instruments.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000)
• Spread/Commission Structure: Same as live accounts.
• Leverage Options: Same as live accounts.
• Key Features: Risk-free trading environment, practice strategies, and access to all trading tools.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: Same as live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Professional Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice Traders: Demo Account

Part 2: yd Account Features Comparison

Detailed yd Account Features

When considering yd account types, it is essential to compare their features comprehensively:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: Virtual balance

• Maximum Leverage:

• Standard: Up to 1:100

• ECN: Up to 1:200

• Pro: Up to 1:300

• Islamic: Up to 1:200

• Demo: Same as live accounts

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard/ECN

• Demo: Same as live accounts

• Commission Fees:

• Standard: None

• ECN: Yes, based on trade volume

• Pro: Lower than ECN

• 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, proprietary platform

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: ECN

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance for practice

• Access to all trading tools

• No time limit (varies by broker)

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to essential trading tools

• ECN Account:

• Tight spreads for cost-effective trading

• Direct market access for better execution

• Suitable for high-frequency trading

• Pro Account:

• Advanced tools and features

• Lower commission fees for high-volume traders

• Dedicated account management

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Access to all trading instruments

• Demo Account:

• Risk-free environment for practice

• Ability to test strategies without financial risk

• Familiarization with trading platforms

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 for small trades

• Pro Account:

• Requires significant capital to start

• More complex features may overwhelm beginners

• Islamic Account:

• Limited availability for non-Muslim traders

• May have similar features to standard accounts

• Demo Account:

• Virtual trading may not reflect real market conditions

• Limited duration or expiry in some cases

Part 3: yd Account Opening Requirements

yd Account Registration Requirements

To open an yd account, you must meet specific eligibility criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check local regulations.
• Prohibited Countries: Certain countries may be restricted; consult yd's terms for specifics.
• Identity Verification Documents Needed:
• Government-issued ID (passport, drivers license)
• Social Security Number (for U.S. residents)
• Proof of Residence Requirements: Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts: Business registration documents, if applicable.

KYC/AML Compliance Procedures

• yd adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all users to verify their identity and address before account approval.

Verification Time Frames

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

Part 4: yd Account Opening Process

Step-by-Step yd Account Opening Guide

1. Visit Website and Click Registration: Go to the yd official website and locate the registration button.
2. Personal Information Entry: Fill in your personal details, including name, address, and contact information.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed by yd.
7. Fund Your Account: Once verified, deposit funds into your account to start trading.
8. Start Trading: Access the trading platform and begin your trading activities.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though mobile users may have a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through their account settings or by contacting customer support.

Part 5: yd Demo Account Information

yd Demo Account Guide

• Demo Account Features and Benefits:

• Risk-free trading environment to practice strategies.

• Access to all trading tools available in live accounts.

• How to Open a Demo Account:

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

• Fill in the required personal information and submit.

• Demo Account Limitations:

• Virtual balance may not reflect real market conditions.

• Time limits may apply based on broker policies.

• Virtual Balance Amount:

• Typically set at $10,000 for practice.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts involve real money.

• Emotional factors in trading are absent in demo accounts.

• Duration/Expiry of Demo Accounts:

• Varies by broker; some may offer unlimited duration, while others may expire after a set period.

Part 6: yd Islamic Account (if available)

yd Islamic Account Details

• Swap-Free/Islamic Account Availability:

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

• Eligibility Requirements:

• Must be a Muslim trader seeking compliant trading options.

• Differences from Standard Accounts:

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

• How to Apply for Islamic Account:

• Select the Islamic account option during the registration process.

• Restrictions or Special Conditions:

• Must adhere to Islamic finance principles; consult yd for specific terms.

FAQs – yd Account Types & Opening

1. What account types does yd offer？

• yd 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: Virtual balance.

1. How long does yd account verification take？

• Verification typically takes 1-3 business days.

1. Does yd offer demo accounts？

• Yes, yd provides demo accounts for practice trading.

1. Can I have multiple account types with yd？

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

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

• Yes, yd offers Islamic accounts compliant with Sharia law.

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