a future offers a variety of account types tailored to different trading needs and preferences. Below is an overview of the available account types:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard Account | $1,000 | Variable spreads, low commissions | Up to 1:500 | User-friendly platform, educational resources | Beginners | Forex, commodities, indices |
| ECN Account | $1,000 | Low spreads, commission per trade | Up to 1:200 | Direct market access, fast execution | Experienced traders | Forex, commodities, indices |
| Pro Account | $5,000 | Tight spreads, lower commissions | Up to 1:100 | Advanced trading tools, priority support | Professional traders | Forex, commodities, indices, futures |
| Islamic Account | $1,000 | Variable spreads, no swap fees | Up to 1:500 | Compliant with Sharia law | Muslim traders | Forex, commodities, indices |
| Demo Account | N/A | N/A | N/A | Virtual trading environment, practice tools | All levels | Forex, commodities, indices |
The following table compares features across different a future account types:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $1,000 | $1,000 | $5,000 | $1,000 | N/A |
| Maximum Leverage | 1:500 | 1:200 | 1:100 | 1:500 | N/A |
| Spreads | Variable | Low | Tight | Variable | N/A |
| Commission Fees | Low | Per trade | Lower | None | N/A |
| Lot Size | Standard | Micro, Mini, Standard | Standard | Standard | N/A |
| Available Platforms | MT4, MT5 | MT4, MT5 | Proprietary | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | N/A |
| Swap-Free Options | No | No | No | Yes | N/A |
| Demo Account Features | No | No | No | No | Yes |
Standard Account:
User-friendly interface
Educational resources available
Good for beginners
Low initial deposit
ECN Account:
Direct market access
Lower spreads
Fast execution speeds
Suitable for scalping strategies
Pro Account:
Advanced trading tools
Lower commission costs
Priority customer support
Ideal for high-volume traders
Islamic Account:
Compliant with Sharia law
No swap fees
Same trading instruments as standard accounts
Flexible trading options
Demo Account:
Risk-free trading environment
Practice trading strategies
Access to all trading instruments
Unlimited duration for practice
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Requires higher trading knowledge
Commission fees can add up
Pro Account:
Higher minimum deposit
Not suitable for beginners
Islamic Account:
Limited to specific trading instruments
May have restrictions on trading strategies
Demo Account:
No real money involved
Limited to practice only
Issue: Document upload fails.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification takes longer than expected.
Solution: Contact customer support for assistance.
Demo account features and benefits: The demo account allows users to practice trading without financial risk, providing access to all trading instruments and educational resources.
How to open a demo account: Users can register for a demo account directly on the a future website by selecting the demo option during the registration process.
Demo account limitations: The demo account may have limitations on certain features compared to live accounts, such as withdrawal capabilities.
Virtual balance amount: Typically, demo accounts come with a virtual balance of $100,000 to practice trading.
Demo vs live account differences: Live accounts involve real money and actual trading conditions, while demo accounts are purely for practice.
Duration/expiry of demo accounts: Demo accounts usually remain active for a set period, often 30 days, but may be extended based on the brokers policy.
Swap-free/Islamic account availability: Yes, a future offers Islamic accounts that comply with Sharia law.
Eligibility requirements: Applicants must declare their need for an Islamic account and provide necessary documentation.
Differences from standard accounts: Islamic accounts do not incur swap fees and may have specific trading conditions.
How to apply for Islamic account: Users can select the Islamic account option during the registration process or contact customer support for assistance.
Restrictions or special conditions: Islamic accounts may have limitations on certain trading strategies, such as those involving interest.
Explore broker markets account types: forex/trading accounts with demo access.