YIHUI broker Accounts

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

yihui Account Types Explained

Yihui offers several account types tailored to meet the needs of different traders. Below is a comprehensive 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 interface; 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: Tight spreads starting from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; lower spreads; suitable for high-frequency trading.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions; priority support; advanced trading tools.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

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 swap fees; available for all trading instruments.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000).
• Spread/Commission Structure: Similar to Standard account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment; practice strategies without financial risk.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Advanced Traders: ECN Account
• Professional Traders: Pro Account
• Muslim Traders: Islamic Account
• Testing Strategies: Demo Account

Detailed yihui Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit.
• No commission fees.
• Access to educational resources.
• ECN Account:
• Tight spreads.
• Direct market access.
• Suitable for high-frequency trading.
• Pro Account:
• Enhanced trading conditions.
• Priority customer support.
• Advanced trading tools.
• Islamic Account:
• Compliance with Sharia law.
• No swap fees.
• Available for all instruments.
• Demo Account:
• Risk-free trading.
• Practice without financial risk.
• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN.
• Limited advanced features.
• ECN Account:
• Higher minimum deposit.
• Commission fees apply.
• Pro Account:
• Highest minimum deposit requirement.
• Commission fees apply.
• Islamic Account:
• Limited to specific trading instruments.
• Higher minimum deposit than Standard.
• Demo Account:
• Virtual funds only.
• Limited duration for practice.

yihui Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders in most countries; specific restrictions may apply.
• 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).
• Proof of Residence Requirements: Must show current address; documents should not be older than three months.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• Yihui adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address.

Verification Time Frames

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

Step-by-Step yihui Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the official yihui 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, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Once funded, you can begin trading on the platform.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile version may have a more streamlined interface for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the required format (PDF, JPEG).
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• The average approval time is 1-3 business days, depending on the documentation provided.

How to Upgrade/Downgrade Account Types

• Traders can contact customer support to request an upgrade or downgrade of their account type, subject to the new account's minimum deposit requirements.

yihui Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice trading strategies without any financial risk, using a virtual balance.

How to Open a Demo Account

• Visit the yihui website and select the demo account option; fill in the required information to create an account.

Demo Account Limitations

• The demo account may have a limited duration, typically expiring after 30 days.

Virtual Balance Amount

• The virtual balance is usually set at $10,000, allowing users to simulate trading conditions.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account requires real money deposits and involves actual trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity or upon reaching the designated trial period.

yihui Islamic Account Details

Swap-Free/Islamic Account Availability

• Yihui offers an Islamic account that complies with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

• Traders must provide documentation confirming their eligibility for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different trading conditions.

How to Apply for Islamic Account

• Traders can select the Islamic account option during the registration process or request it through customer support.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions or restrictions on certain instruments.

FAQs – yihui Account Types & Opening

1. What account types does yihui offer？

• Yihui 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 yihui account verification take？

• Verification typically takes 1-3 business days.

1. Does yihui offer demo accounts？

• Yes, yihui offers demo accounts for practice trading.

1. Can I have multiple account types with yihui？

• Yes, traders can open multiple account types.

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

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

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

• A government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.