Crest Market offers a variety of account types tailored to different trading needs and expertise levels. Below are the primary account types available:
| Account Type | Minimum Deposit | Spread (pips) | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.5 | None | 1:500 | Beginners |
| ECN | $500 | From 0.0 | $5/lot | 1:200 | Advanced Traders |
| Pro | $1,000 | From 1.0 | $3/lot | 1:300 | Professional Traders |
| Islamic | $100 | Same as Standard | None | 1:500 | Muslim Traders |
| Demo | N/A | Same as Standard | None | 1:500 | Beginners |
When comparing the features of different account types at Crest Market, the following aspects are crucial:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: From 1.5 pips
ECN: From 0.0 pips
Pro: From 1.0 pip
Islamic: Same as Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Demo: 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:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Demo Account Features:
Virtual balance of $100,000
Access to all trading instruments
30-day duration before expiry
Standard Account:
Low minimum deposit
No commission fees
Wide range of instruments
User-friendly for beginners
ECN Account:
Tight spreads
Direct market access
Ideal for high-frequency trading
Transparency in pricing
Pro Account:
Competitive spreads
Lower commission fees
Enhanced trading conditions
Suitable for professional traders
Islamic Account:
Compliance with Islamic trading principles
No swap fees
Access to all trading instruments
Flexible trading conditions
Demo Account:
Risk-free trading environment
Practice with virtual funds
Access to all features of live accounts
Ideal for strategy testing
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees may increase trading costs
Pro Account:
Requires higher initial investment
May not be suitable for casual traders
Islamic Account:
Limited availability of certain features
May have restrictions on certain trading strategies
Demo Account:
Limited duration
No real profit potential
To open an account with Crest Market, the following eligibility criteria must be met:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to residents of most countries; however, specific countries may be restricted.
Prohibited Countries: Countries under international sanctions or with strict trading regulations may be prohibited.
Identity Verification Documents Needed:
Government-issued ID (passport or drivers license)
Proof of address (utility bill or bank statement)
Proof of Residence Requirements: Recent documents showing your name and address.
Additional Documentation for Professional Accounts: May include financial statements or proof of trading experience.
KYC/AML Compliance Procedures: All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames: Typically 1-3 business days, depending on the completeness of the submitted documents.
Demo Account Features and Benefits:
Access to all trading instruments
Virtual balance for risk-free trading
Ideal for practicing strategies
How to Open a Demo Account: Follow the same registration process as for live accounts, selecting the demo option.
Demo Account Limitations: Limited duration of 30 days.
Virtual Balance Amount: Typically $100,000 in virtual funds.
Demo vs Live Account Differences: Demo accounts do not involve real money and have a set expiry.
Duration/Expiry of Demo Accounts: Demo accounts expire after 30 days unless extended.
Explore broker markets account types: forex/trading accounts with demo access.