4X Market broker Accounts

4x market Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

4x market Account Types Explained

The 4x market offers various account types tailored to different trading styles, risk appetites, and experience levels. Below is an overview of the primary account types available:

1. Standard Trading Account

• Minimum Deposit Requirement: $100 - $1,000
• Spread/Commission Structure: Typically low spreads; commissions may apply depending on the broker.
• Leverage Options: Up to 1:30 for retail traders.
• Key Features: Access to a wide range of currency pairs, advanced trading tools, and educational resources.
• Target User Profile: Suitable for both beginners and experienced traders.
• Trading Instruments Available: Major, minor, and exotic currency pairs.

2. Mini Trading Account

• Minimum Deposit Requirement: $50 - $500
• Spread/Commission Structure: Slightly higher spreads than standard accounts; may have lower commissions.
• Leverage Options: Up to 1:50.
• Key Features: Allows trading in smaller lot sizes (10,000 units).
• Target User Profile: Ideal for novice traders looking to gain experience with lower capital.
• Trading Instruments Available: Major currency pairs and some minors.

3. Micro Trading Account

• Minimum Deposit Requirement: $5 - $100
• Spread/Commission Structure: Higher spreads; typically no commissions.
• Leverage Options: Up to 1:100.
• Key Features: Allows trading in micro lots (1,000 units), making it accessible for beginners.
• Target User Profile: Best for new traders wanting to practice with minimal risk.
• Trading Instruments Available: Limited to major currency pairs.

4. ECN Trading Account

• Minimum Deposit Requirement: $1,000 - $10,000
• Spread/Commission Structure: Very low spreads; commissions apply per trade.
• Leverage Options: Up to 1:100.
• Key Features: Direct market access, faster execution speeds, and lower slippage.
• Target User Profile: Experienced traders and professionals.
• Trading Instruments Available: A wide range of currency pairs, commodities, and indices.

5. Islamic Trading Account

• Minimum Deposit Requirement: Varies by broker.
• Spread/Commission Structure: Similar to standard accounts but without swap fees.
• Leverage Options: Up to 1:30.
• Key Features: Compliant with Islamic finance principles, offering swap-free trading.
• Target User Profile: Muslim traders adhering to Sharia law.
• Trading Instruments Available: Major and minor currency pairs.

6. Demo Trading Account

• Minimum Deposit Requirement: None (virtual funds).
• Spread/Commission Structure: Simulated spreads; no real commissions.
• Leverage Options: Same as live accounts.
• Key Features: Allows traders to practice strategies without financial risk.
• Target User Profile: Beginners and those testing new strategies.
• Trading Instruments Available: Same as live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Micro or Demo Accounts
• Novice Traders: Mini Accounts
• Intermediate Traders: Standard Accounts
• Advanced Traders: ECN Accounts
• Muslim Traders: Islamic Accounts

Detailed 4x market Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100 - $1,000

• Mini: $50 - $500

• Micro: $5 - $100

• ECN: $1,000 - $10,000

• Islamic: Varies

• Demo: None

• Maximum Leverage:

• Standard: Up to 1:30

• Mini: Up to 1:50

• Micro: Up to 1:100

• ECN: Up to 1:100

• Islamic: Up to 1:30

• Demo: Same as live

• Spreads (Typical/Minimum):

• Standard: Low

• Mini: Slightly higher

• Micro: Higher

• ECN: Very low

• Islamic: Similar to Standard

• Demo: Simulated

• Commission Fees:

• Standard: May apply

• Mini: Lower commissions

• Micro: None

• ECN: Per trade

• Islamic: None

• Demo: None

• Lot Size:

• Standard: 100,000 units

• Mini: 10,000 units

• Micro: 1,000 units

• ECN: Varies

• Islamic: Standard

• Demo: Varies

• Available Trading Platforms:

• Standard: MT4, MT5

• Mini: MT4, MT5

• Micro: MT4, MT5

• ECN: Proprietary platforms, MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• Mini: Market

• Micro: Market

• ECN: ECN

• Islamic: Market

• Demo: Simulated

• Islamic Account Availability:

• Standard: Yes

• Mini: Yes

• Micro: Yes

• ECN: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• Mini: Yes

• Micro: Yes

• ECN: Yes

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance for practice

• Access to all trading instruments

• Time-limited access (typically 30 days)

Advantages and Disadvantages of Each Account Type

Standard Account:

• Advantages:
• Access to a wide range of trading tools.
• Lower spreads.
• Suitable for various trading strategies.
• Disadvantages:
• Higher minimum deposit than micro accounts.
• May have commissions.

Mini Account:

• Advantages:
• Lower minimum deposit.
• Good for learning with real money.
• Disadvantages:
• Higher spreads than standard accounts.

Micro Account:

• Advantages:
• Minimal capital required.
• Ideal for beginners to practice.
• Disadvantages:
• Higher spreads; limited trading instruments.

ECN Account:

• Advantages:
• Direct market access.
• Very low spreads.
• Disadvantages:
• Higher minimum deposit.
• Commissions can add up.

Islamic Account:

• Advantages:
• Compliant with Islamic finance principles.
• No swap fees.
• Disadvantages:
• Limited availability depending on the broker.

Demo Account:

• Advantages:
• Risk-free environment to practice trading.
• Access to all features of live accounts.
• Disadvantages:
• No real money involved; emotional aspects of trading are absent.

4x market Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check with the broker.
• Prohibited Countries: Specific countries may be restricted from opening accounts due to regulatory issues.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, driver's license).
• Proof of Residence: Utility bill, bank statement, or any official document showing your name and address.

Additional Documentation for Professional Accounts

• Financial statements or proof of trading experience may be required for professional accounts.

KYC/AML Compliance Procedures

• Brokers must adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification and documentation.

Verification Time Frames

• Account verification typically takes 24-48 hours, but some brokers may offer instant approval.

Step-by-Step 4x market Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website and Click Registration: Go to the broker's website and find the account registration section.
2. Personal Information Entry: Fill out the application form with your personal details.
3. Choose Account Type: Select the type of account you wish to open.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and risk tolerance.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the broker to verify your documents.
7. Fund Your Account: Deposit funds into your trading account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• Registration processes are generally similar on both platforms, though mobile applications may have simplified forms.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and legible; check file size limits.
• Issue: Delays in verification.
• Solution: Contact customer support for updates.

Average Account Approval Time

• Typically 24-48 hours, depending on the broker's processes.

How to Upgrade/Downgrade Account Types

• Contact customer support or use the broker's platform to request an upgrade or downgrade.

4x market Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Visit the broker's website and select the demo account option; follow the registration process.

Demo Account Limitations

• Limited time access (usually 30 days).
• No real money involved.

Virtual Balance Amount

• Typically, brokers provide a virtual balance ranging from $10,000 to $100,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts involve real money and emotional trading factors.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but some brokers may offer extensions.

4x market Islamic Account Details

Swap-Free/Islamic Account Availability

• Available for all account types, allowing compliance with Islamic finance principles.

Eligibility Requirements

• Must provide documentation confirming adherence to Islamic finance principles.

Differences from Standard Accounts

• No swap fees; otherwise similar features.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support.

Restrictions or Special Conditions

• May have specific trading conditions or limitations on certain instruments.

FAQs – 4x market Account Types & Opening

1. What account types does 4x market offer？

• Standard, Mini, Micro, ECN, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100 - $1,000; Mini: $50 - $500; Micro: $5 - $100; ECN: $1,000 - $10,000; Islamic: Varies; Demo: None.

1. How long does 4x market account verification take？

• Typically 24-48 hours.

1. Does 4x market offer demo accounts？

• Yes, demo accounts are available for practice trading.

1. Can I have multiple account types with 4x market？

• Yes, you can open multiple accounts with different types.

1. Does 4x market offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

1. What documents do I need to open a 4x market account？

• Proof of identity 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.