DMA Broker broker Accounts

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

dma broker Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: $10
• Spread/Commission Structure: From 0.3 pips, zero commission
• Leverage Options: Up to 1:500
• Key Features: Ideal for beginners, user-friendly platform
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, CFDs, commodities

1. ECN Account

• Minimum Deposit: $25,000
• Spread/Commission Structure: Raw spreads, $6.50 per round turn lot
• Leverage Options: Up to 200:1
• Key Features: Direct market access, low slippage
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, metals, indices, commodities

1. Pro Account

• Minimum Deposit: $50,000
• Spread/Commission Structure: Variable spreads, commission-based
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority execution
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, CFDs, futures

1. Islamic Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Similar to standard accounts, swap-free
• Leverage Options: Up to 1:500
• Key Features: Complies with Sharia law, no interest charges
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, CFDs

1. Demo Account

• Minimum Deposit: Virtual balance (typically $10,000)
• Spread/Commission Structure: Same as standard accounts
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to all instruments
• Target User Profile: All trader levels
• Trading Instruments Available: Forex, CFDs, commodities

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Detailed dma broker Account Features

Account Features Comparison

• Minimum Deposit:

• Standard: $10

• ECN: $25,000

• Pro: $50,000

• Islamic: $1,000

• Demo: $0

• Maximum Leverage:

• Standard: 1:500

• ECN: 200:1

• Pro: 1:100

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 0.3 pips

• ECN: Raw spreads

• Pro: Variable

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: Zero

• ECN: $6.50 per round turn lot

• Pro: Commission-based

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro (0.01)

• ECN: Standard (1.0)

• Pro: Standard (1.0)

• Islamic: Micro (0.01)

• Demo: Micro (0.01)

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: Proprietary platform, MT4

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: Instant

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Yes for Islamic accounts, no for others.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual trading with real market conditions.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly interface

• Ideal for beginners

• ECN Account:

• Direct market access

• Lower transaction costs

• Suitable for high-frequency trading

• Pro Account:

• Advanced trading tools

• Priority execution

• Tailored for professional traders

• Islamic Account:

• Compliant with Sharia law

• No interest charges

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading

• Practice with virtual funds

• Access to all trading instruments

Disadvantages of Each Account Type

• Standard Account:

• Limited features for advanced trading

• Higher spreads compared to ECN

• ECN Account:

• High minimum deposit

• Commission fees may apply

• Pro Account:

• Very high minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited to Muslim traders

• May have fewer features than standard accounts

• Demo Account:

• Limited duration

• No real profit potential

dma broker Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Varies by broker; check specific terms.
• Prohibited Countries: Certain jurisdictions may be restricted; verify with the broker.

Identity Verification Documents Needed

• Government-issued ID (passport, drivers license)
• Proof of residence (utility bill, bank statement)

Additional Documentation for Professional Accounts

• Financial statements
• Proof of trading experience

KYC/AML Compliance Procedures

• Complete identity verification
• Submit required documents for review

Verification Time Frames

• Typically takes 1-3 business days, depending on the broker.

Step-by-Step dma broker Account Opening Guide

Registration Process

1. Visit Website: Navigate to the dma broker's official site.
2. Click Registration: Locate and click on the "Open Account" button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify trading preferences and leverage options.
6. Document Upload: Upload required verification documents.
7. Account Verification: Wait for the broker to verify your account.
8. Fund Your Account: Deposit funds to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Desktop registration may offer a more comprehensive view of account types.
• Mobile registration may be streamlined for quick access.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet size requirements.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Generally, 1-3 business days for standard accounts.

How to Upgrade/Downgrade Account Types

• Contact customer support or access account settings to request changes.

dma broker Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Follow the same registration process as for a live account but select "Demo Account."

Demo Account Limitations

• Limited duration (typically 30 days).
• Virtual funds only, no real profits.

Virtual Balance Amount

• Usually set at $10,000 for practice.

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts do.

Duration/Expiry of Demo Accounts

• Typically expires after 30 days of inactivity.

dma broker Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, Islamic accounts are available.

Eligibility Requirements

• Must be a practicing Muslim.

Differences from Standard Accounts

• No interest charges applied.

How to Apply for Islamic Account

• Select Islamic account option during registration or contact support.

Restrictions or Special Conditions

• Must comply with Sharia law; trading conditions may vary.

FAQs – dma broker Account Types & Opening

1. What account types does dma broker offer？

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

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

• Standard: $10, ECN: $25,000, Pro: $50,000, Islamic: $1,000, Demo: $0.

1. How long does dma broker account verification take？

• Typically 1-3 business days.

1. Does dma broker offer demo accounts？

• Yes, demo accounts are available for practice trading.

1. Can I have multiple account types with dma broker？

• Yes, you can hold multiple account types.

1. Does dma broker offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, by contacting customer support or through account settings.