AMC broker Accounts

amc Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: amc Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission
• Leverage Options: Up to 1:500
• Key Features: Basic trading options, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.1 pips, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for scalping
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 1 pip, commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:200
• Key Features: Compliant with Sharia law, no interest fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Practice trading with virtual funds, access to all trading instruments
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Advanced Traders: ECN Account
• Professional Traders: Pro Account
• Muslim Traders: Islamic Account

Part 2: Detailed amc Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:200

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.1 pips

• Pro: 1 pip

• Islamic: Variable

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Lot Size:

• Standard: Micro/Standard

• ECN: Micro/Standard

• Pro: Mini/Standard

• Islamic: Micro/Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: Market

• Islamic: Market

• Islamic Account Availability:

• All account types except Demo

• Swap-Free Options:

• Available for Islamic accounts

• Demo Account Features:

• Virtual balance, access to all instruments, no time limit specified

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• Suitable for beginners

• ECN Account:

• Tight spreads

• Direct market access

• Ideal for scalping

• Pro Account:

• Enhanced trading conditions

• Priority customer support

• Suitable for serious traders

• Islamic Account:

• Compliant with Sharia law

• No interest fees

• Flexible trading options

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• High minimum deposit

• Commission fees apply

• Islamic Account:

• Limited availability

• May have higher spreads

Part 3: amc Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries, but specific restrictions may apply
• Prohibited Countries: Countries under international sanctions
• Identity Verification Documents Needed: Government-issued ID, proof of address
• Proof of Residence Requirements: Utility bill or bank statement
• Additional Documentation for Professional Accounts: Proof of trading experience or financial status

KYC/AML Compliance Procedures

• All applicants must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks to verify identity and prevent fraud.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: Step-by-Step amc Account Opening Guide

Registration Process

1. Visit the Website: Navigate to the official amc trading platform.
2. Click Registration: Locate and click the registration button.
3. Personal Information Entry: Fill out the required personal details.
4. Choose Account Type: Select the desired account type from the options provided.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload the necessary identification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the required minimum to activate your account.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload errors
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Account types can be changed by contacting customer support and following their instructions for the upgrade or downgrade process.

Part 5: amc Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, virtual funds for practice, no risk involved.
• Benefits: Ideal for beginners to practice trading strategies without financial risk.

How to Open a Demo Account

• Follow the same registration steps as for a live account but select the demo account option.

Demo Account Limitations

• Limited to virtual funds; cannot withdraw or transfer funds.

Virtual Balance Amount

• Typically, demo accounts offer a virtual balance of $100,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits and involve real market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts may remain active for a specified period, often up to 30 days, but can sometimes be extended.

Part 6: amc Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

• Must provide documentation confirming Muslim status or intent to trade in compliance with Islamic finance principles.

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, such as limits on certain instruments or trading strategies.

FAQs – amc Account Types & Opening

1. What account types does amc offer？

• amc offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.

1. How long does amc account verification take？

• Verification typically takes 1-3 business days.

1. Does amc offer demo accounts？

• Yes, amc provides demo accounts for practice trading.

1. Can I have multiple account types with amc？

• Yes, you can have multiple account types, subject to the broker's policies.

1. Does amc offer Islamic/swap-free accounts？

• Yes, amc offers Islamic accounts that are compliant with Sharia law.

1. What documents do I need to open a amc account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.