earthport Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: earthport Account Types Overview
earthport Account Types Explained
Earthport offers several account types tailored to meet the diverse needs of its clients. Below is a detailed overview of the available account types:
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Islamic Traders: Islamic Account
- Practice: Demo Account
Part 2: earthport Account Features Comparison
Detailed earthport Account Features
Advantages and Disadvantages of Each Account Type
Standard Account
- Advantages:
- Low minimum deposit
- User-friendly platform
- Access to educational resources
- Disadvantages:
- Higher spreads compared to ECN
- Limited leverage options
ECN Account
- Advantages:
- Low spreads
- Direct market access
- Faster execution times
- Disadvantages:
- Higher minimum deposit
- Commission fees apply
Pro Account
- Advantages:
- Fixed spreads provide predictability
- Tailored services
- Disadvantages:
- Higher minimum deposit
- Limited leverage options
Islamic Account
- Advantages:
- Compliant with Sharia law
- Swap-free trading
- Disadvantages:
- Higher minimum deposit
- Limited availability of trading instruments
Part 3: earthport Account Opening Requirements
earthport Account Registration Requirements
To open an account with Earthport, the following eligibility criteria and documentation are required:
Eligibility Criteria:
Minimum age: 18 years
Geographic restrictions may apply; check specific country regulations
Prohibited countries include those under international sanctions
Identity Verification Documents Needed:
Government-issued photo ID (e.g., passport, national ID)
Proof of residence (e.g., utility bill, bank statement)
Additional Documentation for Professional Accounts:
Business registration documents (if applicable)
Proof of income or financial statements
KYC/AML Compliance Procedures:
Earthport adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification before account approval.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Part 4: earthport Account Opening Process
Step-by-Step earthport Account Opening Guide
- Visit the Website: Go to the Earthport website and click on the registration button.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the account to be verified by Earthports compliance team.
- Fund Your Account: Once approved, deposit funds into your account using the available payment methods.
- Start Trading: Access the trading platform and begin trading.
- Desktop vs Mobile Registration Differences: The registration process is similar on both desktop and mobile platforms, with mobile offering a more streamlined interface.
- Common Registration Issues and Solutions: Issues may include document rejection due to poor quality; ensure all documents are clear and legible.
- Average Account Approval Time: Generally, accounts are approved within 1-3 business days.
- How to Upgrade/Downgrade Account Types: Contact customer support to request changes to your account type.
earthport Demo Account Guide
- Demo Account Features and Benefits: The demo account allows users to practice trading with virtual funds, providing a risk-free environment to learn trading strategies.
- How to Open a Demo Account: Register on the Earthport website and select the demo account option during the registration process.
- Demo Account Limitations: The demo account may have a limited duration and virtual balance compared to live accounts.
- Virtual Balance Amount: Typically, demo accounts come with a virtual balance of $10,000.
- Demo vs Live Account Differences: The demo account does not involve real money, while live accounts require actual funds and carry real risks.
- Duration/Expiry of Demo Accounts: Demo accounts usually expire after 30 days of inactivity.
Part 6: earthport Islamic Account Details
earthport Islamic Account Details
- Swap-Free/Islamic Account Availability: Earthport offers an Islamic account that complies with Sharia law, allowing traders to engage in trading without incurring swaps.
- Eligibility Requirements: Traders must provide proof of their Muslim faith to qualify for the Islamic account.
- Differences from Standard Accounts: Islamic accounts do not incur swap fees, making them suitable for long-term positions.
- How to Apply for Islamic Account: During the registration process, select the Islamic account option and provide necessary documentation.
- Restrictions or Special Conditions: Islamic accounts may have specific trading conditions, such as limited leverage.
FAQs – earthport Account Types & Opening
- What account types does earthport offer?
- Earthport offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500.
- How long does earthport account verification take?
- Account verification typically takes 1-3 business days.
- Does earthport offer demo accounts?
- Yes, earthport provides demo accounts for practice trading.
- Can I have multiple account types with earthport?
- Yes, traders can open multiple account types.
- Does earthport offer Islamic/swap-free accounts?
- Yes, earthport offers Islamic accounts that are swap-free.
- What documents do I need to open a earthport account?
- A government-issued photo ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to change your account type by contacting customer support.
Earthport accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .