In the world of forex trading, comfort accounts provide various options tailored to different trading needs and preferences. Below are the primary account types offered by comfort:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Fixed spreads, no commission | Up to 1:500 | User-friendly, suitable for beginners | Beginners | Forex, commodities, indices |
| ECN | $500 | Variable spreads, commission applies | Up to 1:200 | Direct market access, lower spreads | Advanced traders | Forex, cryptocurrencies |
| Pro | $1,000 | Low spreads, commission applies | Up to 1:100 | Advanced trading tools, priority execution | Professional traders | Forex, indices, commodities |
| Islamic | $500 | Fixed spreads, no commission | Up to 1:200 | Swap-free, compliant with Sharia law | Muslim traders | Forex, commodities |
| Demo | None | N/A | N/A | Practice trading without risk | All levels | Forex, commodities, indices |
When comparing the features of comfort account types, several aspects stand out:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $500 | None |
| Maximum Leverage | Up to 1:500 | Up to 1:200 | Up to 1:100 | Up to 1:200 | N/A |
| Spreads | Fixed | Variable | Low | Fixed | 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 | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | No | No | No | No | Yes |
To open a comfort account, traders must meet certain eligibility criteria:
Explore broker markets account types: forex/trading accounts with demo access.