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