| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | 1.5 pips | None | 1:30 | Beginners |
| ECN | $500 | Variable | $3/lot | 1:100 | Advanced Traders |
| Pro | $1,000 | 0.5 pips | $2/lot | 1:200 | Professional Traders |
| Islamic | $100 | 1.5 pips | None | 1:30 | Muslim Traders |
| Demo | N/A | Same as Standard | N/A | Same as Standard | All Traders |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:30
ECN: 1:100
Pro: 1:200
Islamic: 1:30
Demo: Same as Standard
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: Variable
Pro: 0.5 pips
Islamic: 1.5 pips
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $3/lot
Pro: $2/lot
Islamic: None
Demo: N/A
Lot Size:
Standard: Micro
ECN: Mini/Standard
Pro: Standard
Islamic: Micro
Demo: Micro
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:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Demo Account Features:
Virtual balance amount: $100,000
Duration/expiry: 30 days (can be extended)
Standard Account:
Easy to open
No commission fees
Suitable for beginners
Basic trading features
ECN Account:
Lower spreads
Direct market access
Suitable for scalping
Advanced trading tools
Pro Account:
Higher leverage options
Lower commission fees
Advanced trading features
Suitable for professional traders
Islamic Account:
Complies with Sharia law
No interest fees
Suitable for Muslim traders
Same features as Standard account
Demo Account:
Risk-free trading
Practice strategies
Access to all trading instruments
No financial commitment
Standard Account:
Higher spreads compared to ECN
Limited features for advanced trading
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Requires a higher minimum deposit
More complex for beginners
Islamic Account:
Limited availability for non-Muslim traders
Same spreads as Standard account
Demo Account:
Virtual funds only
Limited duration
Eligibility Criteria:
Age Requirements: Minimum age of 18 years
Geographic Restrictions: Available in most countries; check specific restrictions
Prohibited Countries: Countries under international sanctions
Identity Verification Documents Needed:
Government-issued ID (passport or national ID)
Proof of address (utility bill or bank statement)
Proof of Residence Requirements:
Recent utility bill or bank statement with your name and address
Additional Documentation for Professional Accounts:
Proof of income or trading experience may be required
KYC/AML Compliance Procedures:
Complete identity verification process
Submit required documents for review
Verification Time Frames:
Typically 1-3 business days for account verification
Desktop vs Mobile Registration Differences:
The registration process is similar on both platforms, but mobile may have additional security features.
Common Registration Issues and Solutions:
Issue: Document not accepted. Solution: Ensure documents are clear and meet requirements.
Issue: Verification delay. Solution: Contact customer support for assistance.
Average Account Approval Time: 1-3 business days
How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.
Demo Account Features and Benefits:
Access to all trading instruments
Practice trading strategies without risk
Virtual funds of $100,000
How to Open a Demo Account:
Follow the same registration process and select the Demo account option.
Demo Account Limitations:
Limited duration of 30 days
Virtual funds only
Virtual Balance Amount: $100,000
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts require real money.
Duration/Expiry of Demo Accounts: 30 days, with the option to extend.
Explore broker markets account types: forex/trading accounts with demo access.