Account Opening
Account Opening measures how straightforward it is to become an active client, from minimum deposit accessibility and registration speed to account choice and mobile account management.
| Assessment Factor | Overall Weight |
|---|---|
| Minimum deposit and accessibility | 25% |
| Registration and KYC speed | 30% |
| Account type variety | 25% |
| Mobile account access | 20% |
Minimum Deposit & Accessibility
| Minimum Deposit | Points |
|---|---|
| $50 or less | 5 |
| $51–$200 | 4 |
| $201–$500 | 3 |
| $501–$1,000 | 2 |
| More than $1,000, or the minimum deposit is not clearly stated | 1 |
Registration & KYC Speed
| Registration / KYC Speed | Points |
|---|---|
| Streamlined digital registration and verification, usually completed within 1 business day | 5 |
| Predominantly digital process, usually completed within 1–2 business days | 4 |
| Conventional process with some manual steps or delays | 3 |
| Slow or unnecessarily complex process | 2 |
| Very slow, poorly explained, or difficult account-opening process | 1 |
Account Choice
| Account Choice | Points |
|---|---|
| At least five account types are offered, including standard, raw spread, Islamic, demo, professional, copy trading, or cent accounts | 5 |
| At least three account types are offered, including standard, raw spread, Islamic, demo, professional, or copy trading accounts | 4 |
| Two account types are offered and their minimum deposit, pricing model, and platform access are disclosed | 3 |
| Only one live account type is offered, or account-type conditions require extra verification | 2 |
| Account types, pricing model, minimum deposit, or platform access are not published before registration | 1 |
Mobile Account Management
| Mobile Account Capability | Points |
|---|---|
| Mobile access supports registration, document upload, deposits, withdrawals, account settings, and support access | 5 |
| Mobile access supports at least three account functions, including registration, document upload, deposits, withdrawals, account settings, or support access | 4 |
| Mobile access supports at least two account functions, including login, account viewing, deposits, withdrawals, or support access | 3 |
| Mobile access supports only login or account viewing, with funding, document upload, or account changes requiring desktop or web access | 2 |
| Mobile account access is unavailable, undisclosed, or cannot be independently confirmed | 1 |