AGN offers several account types tailored to meet the needs of different traders. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads, no commission | Up to 1:500 | User-friendly interface, suitable for beginners | Beginners | Forex, commodities, indices |
| ECN | $500 | Low spreads, commission applies | Up to 1:200 | Direct market access, faster execution | Advanced traders | Forex, commodities, indices |
| Pro | $1,000 | Tight spreads, commission applies | Up to 1:100 | Advanced trading tools, professional support | Institutional traders | Forex, commodities, indices |
| Islamic | $100 | Variable spreads, no commission | Up to 1:500 | Swap-free, compliant with Sharia law | Muslim traders | Forex, commodities, indices |
| Demo | N/A | N/A | N/A | Practice trading without risk | All levels | Forex, commodities, indices |
The following table compares the features across different account types:
| Feature | Standard | ECN | Pro | Islamic | Demo |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $100 | N/A |
| Maximum Leverage | 1:500 | 1:200 | 1:100 | 1:500 | N/A |
| Spreads | Variable | Low | Tight | Variable | N/A |
| Commission Fees | None | Yes | Yes | None | N/A |
| Lot Size | Standard | Micro/Standard | Standard | Standard | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | ECN | Market | N/A |
| Islamic Account Availability | Yes | Yes | Yes | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | N/A | N/A | N/A | N/A | Virtual trading balance, practice environment |
To open an account with AGN, the following eligibility criteria must be met:
AGN follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify the identity of its clients.
Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.
The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a simplified layout.
Solution: Ensure files are in the correct format and within size limits.
Solution: Contact customer support for assistance.
Most accounts are approved within 1 to 3 business days, depending on the verification process.
To change your account type, contact AGN's customer support for guidance on the process.
AGN offers Islamic accounts that comply with Sharia law, allowing Muslim traders to participate without incurring swap fees.
To qualify for an Islamic account, traders must declare their religious beliefs and provide necessary documentation.
Islamic accounts do not incur swap fees and may have different trading conditions compared to standard accounts.
Select the Islamic account option during the registration process or contact customer support for assistance.
Islamic accounts may have specific trading conditions that differ from standard accounts, such as limitations on certain trading strategies.
What account types does agn offer?
AGN offers Standard, ECN, Pro, Islamic, and Demo accounts.
What is the minimum deposit for each account type?
How long does agn account verification take?
Verification typically takes 1 to 3 business days.
Does agn offer demo accounts?
Yes, AGN offers demo accounts for practice trading.
Can I have multiple account types with agn?
Yes, traders can open multiple account types.
Does agn offer Islamic/swap-free accounts?
Yes, AGN provides Islamic accounts that are compliant with Sharia law.
What documents do I need to open a agn account?
A government-issued ID and proof of residence are required.
Can I change my account type after registration?
Yes, you can change your account type by contacting customer support.
Explore broker markets account types: forex/trading accounts with demo access.