It is common practice for all forex and CFD brokers to offer traders several account types to choose from, depending on their prior trading experience and available deposit amount. PBN Capital states that it offers several accounts, but does not have any section on their website outlining these account types, along with their minimum deposit requirements and specific trading conditions. In fact, there is no mention throughout their entire website of what type of trading conditions PBN Capital offers. As you can imagine, this is an immediate red flag that shows lack of transparency and unprofessionalism.
It appears that the minimum deposit to begin trading with PBN Capital is $250, which is the most common amount required from most brokers.
Despite not having any section for the regular account types, PBN Capital does have sections in which they explain the demo account offered and the Islamic accounts for traders of the Islamic faith.
Islamic accounts, otherwise known as swap-free accounts, were developed specially for customers of the Islamic faith. These are entirely swap-free accounts which have the ability of holding all trading positions for an infinite amount of time with no extra fees payed.
To start trading on an Islamic account with PBN Capital, you first need to create a regular account and then contact customer support with the request.
Demo accounts are completely free and allow users to practice their trades entirely risk-free through virtual money. This is the perfect solution for complete beginners, who may not feel comfortable investing any money until they get a first taste of the experience and how it works.
Even experienced traders like to make use of demo accounts, which give them the ability to quickly test the platform before deciding whether to invest in this broker or not.
PBN Capital claims to have several demo accounts available for users to practice their skills and test the platform.