| Account Type | Minimum Deposit | Spread | Commission | Leverage | Key Features |
|---|---|---|---|---|---|
| Standard | $100 | From 1.5 pips | None | Up to 1:500 | User-friendly, suitable for beginners |
| ECN | $500 | From 0.0 pips | $3/lot | Up to 1:200 | Direct market access, faster execution |
| Pro | $1,000 | From 1.0 pips | $2/lot | Up to 1:400 | Advanced tools, priority support |
| Islamic | $100 | Similar to Standard | None | Up to 1:500 | Swap-free, compliant with Sharia |
| Demo | Virtual funds | Similar to Standard | None | Up to 1:500 | Risk-free practice |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:400
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.0 pips
Pro: 1.0 pips
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Micro, Mini, Standard
Islamic: Micro, Mini, Standard
Demo: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic Account
Swap-Free Options: Available for Islamic Account
Demo Account Features: Virtual trading environment with real market conditions
Standard Account:
Easy to use for beginners
No commission fees
High leverage options
ECN Account:
Tight spreads
Direct market access
Suitable for high-frequency trading
Pro Account:
Advanced trading tools
Lower commission fees
Priority customer support
Islamic Account:
Complies with Sharia law
No swap fees
Suitable for Muslim traders
Demo Account:
Risk-free trading
Practice strategies without financial risk
Access to all trading instruments
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit requirement
Commission fees can add up
Pro Account:
Higher minimum deposit requirement
May be complex for beginners
Islamic Account:
Limited availability of features compared to other accounts
Demo Account:
No real financial gains
Limited duration for practice
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Available in most countries; check specific restrictions
Prohibited Countries: Specific countries may be restricted; check the website for details
Identity Verification Documents Needed:
Government-issued ID (passport, national ID)
Proof of residence (utility bill, bank statement)
Proof of Residence Requirements:
Recent documents showing your name and address
Additional Documentation for Professional Accounts:
Proof of trading experience or financial status may be required
KYC/AML Compliance Procedures:
Complete identity verification and submit required documents
Verification Time Frames:
Typically within 1-3 business days, depending on document submission
Demo Account Features and Benefits:
Access to virtual funds for practice
Real market conditions for trading experience
No financial risk involved
How to Open a Demo Account:
Follow the same registration process and select the Demo Account option.
Demo Account Limitations:
Limited duration (usually 30 days)
Virtual funds only, no real profits
Virtual Balance Amount: Typically $10,000 in virtual funds
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money trading.
Duration/Expiry of Demo Accounts: Usually valid for 30 days, after which you may need to reapply.
Explore broker markets account types: forex/trading accounts with demo access.