Agosi offers several 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 | €500 | Variable spreads from 1.0 pips | Up to 1:30 | Basic trading features, suitable for beginners | Beginner | Forex, commodities, indices |
| ECN | €1,000 | Low spreads from 0.0 pips + commission | Up to 1:100 | Direct market access, lower trading costs | Advanced | Forex, commodities, cryptocurrencies |
| Pro | €5,000 | Custom spreads based on volume | Up to 1:200 | Tailored services for institutional clients | Institutional | Forex, commodities, indices, cryptocurrencies |
| Islamic | €1,000 | Variable spreads from 1.0 pips | Up to 1:30 | Swap-free account, 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 features of the various agosi account types are compared below:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | €500 | €1,000 | €5,000 | €1,000 | N/A |
| Maximum Leverage | 1:30 | 1:100 | 1:200 | 1:30 | N/A |
| Spreads (Typical/Minimum) | 1.0 pips | 0.0 pips + commission | Custom spreads | 1.0 pips | N/A |
| Commission Fees | None | Yes | Yes | None | N/A |
| Lot Size | Standard | Micro/Mini/Standard | Standard | Standard | N/A |
| Available Trading 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 | N/A | N/A | N/A | N/A | Virtual funds for practice |
Standard Account
Advantages:
Low minimum deposit
Suitable for beginners
No commission fees
Disadvantages:
Higher spreads compared to ECN
Limited leverage options
ECN Account
Advantages:
Low spreads
Direct market access
Suitable for scalpers
Disadvantages:
Higher minimum deposit
Commission fees apply
Pro Account
Advantages:
Tailored services for professionals
Higher leverage options
Custom spreads based on trading volume
Disadvantages:
High minimum deposit
May not be suitable for casual traders
Islamic Account
Advantages:
Compliant with Sharia law
No swap fees
Disadvantages:
Limited to Muslim traders
Higher minimum deposit
Demo Account
Advantages:
Risk-free trading environment
Practice with virtual funds
Disadvantages:
Limited to practice only
No real market exposure
To open an account with Agosi, the following eligibility criteria must be met:
Age Requirements:
Must be at least 18 years old.
Geographic Restrictions:
Availability may vary by country. Check the Agosi website for specific restrictions.
Prohibited Countries:
Specific countries may be restricted from opening accounts. Refer to the Agosi website for the latest information.
Identity Verification Documents Needed:
A valid government-issued ID (passport or national ID card).
Proof of address (utility bill or bank statement).
Proof of Residence Requirements:
Recent documents showing your name and address.
Additional Documentation for Professional Accounts:
Business registration documents and proof of trading experience may be required.
Agosi follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify the identity of its clients. This includes document verification and potential interviews.
The verification process 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, although the mobile interface may have a simplified layout.
Typically, account approval takes between 1 to 3 business days.
Account type changes can be requested through the customer support portal or directly from the account management section of the Agosi website.
Demo Account Features and Benefits:
Access to real-time market data.
Practice trading strategies without financial risk.
Virtual funds available for trading.
How to Open a Demo Account:
Follow the registration steps outlined above, selecting the demo account option.
Demo Account Limitations:
Limited to virtual trading; no real profits can be made.
Virtual Balance Amount:
Typically, demo accounts are funded with a virtual balance of €10,000 or more.
Demo vs Live Account Differences:
Demo accounts simulate trading conditions but do not reflect real market emotions or risks.
Duration/Expiry of Demo Accounts:
Demo accounts usually remain active for a limited time, often 30 days, but can be extended based on the broker's policies.
Swap-Free/Islamic Account Availability:
Agosi offers an Islamic account option that is compliant with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees, making them suitable for long-term trading.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions:
Islamic accounts may have specific trading conditions that differ from standard accounts.
Explore broker markets account types: forex/trading accounts with demo access.