Account Opening

The Account Opening category evaluates how easy, fast, and accessible it is to open and start using a trading account with the broker.

Sub-Factor Weight
Minimum deposit and accessibility 25%
Registration and KYC speed 30%
Account type variety 25%
Mobile account access 20%
Account Opening Score = Minimum Deposit Score × 25% + Registration and KYC Score × 30% + Account Type Variety Score × 25% + Mobile Account Access Score × 20%

Minimum Deposit and Accessibility

Minimum Deposit Requirement Score
or less 5
–0 4
1–0 3
1–,000 2
More than ,000 or unclear minimum deposit 1

Registration and KYC Speed

Account Opening Speed Score
Fast digital registration and verification, usually completed within 1 business day 5
Mostly digital process, usually completed within 1–2 business days 4
Standard process with some manual steps or delays 3
Slow or complicated process 2
Very slow, unclear, or difficult account opening process 1

Account Type Variety

Account Type Variety Score
Five or more account types are available, such as standard, raw spread, Islamic, demo, professional, copy trading, or cent accounts 5
At least three account types are available, such as standard, raw spread, Islamic, demo, professional, or copy trading accounts 4
Two account types are available and their minimum deposit, pricing model, and platform access are disclosed 3
Only one live account type is available, or account-type conditions require extra verification 2
Account types, pricing model, minimum deposit, or platform access are not disclosed before registration 1

Mobile Account Access

Mobile Account Access Score
Mobile access supports registration, document upload, deposits, withdrawals, account settings, and support access 5
Mobile access supports at least three account functions, such as registration, document upload, deposits, withdrawals, account settings, or support access 4
Mobile access supports at least two account functions, such as 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 not available, not disclosed, or cannot be verified 1