ebh Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: ebh Account Types Overview
ebh Account Types Explained
EBH offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type available:
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
- All Levels: Demo Account
Part 2: ebh Account Features Comparison
Detailed ebh Account Features
When comparing features across different account types, the following aspects are essential:
- Minimum Deposit: Ranges from $100 for Standard and Islamic accounts to $1,000 for Pro accounts.
- Maximum Leverage: All account types offer leverage up to 1:30.
- Spreads:
- Standard: Variable spreads
- ECN: Low spreads plus commission
- Pro: Tight spreads plus commission
- Islamic: Variable spreads
- Commission Fees: Applicable for ECN and Pro accounts.
- Lot Size:
- Standard: Micro (0.01)
- ECN: Mini (0.1)
- Pro: Standard (1.0)
- Islamic: Micro (0.01)
- Available Trading Platforms: MT4 and MT5 for all account types.
- Execution Type:
- Standard: Market
- ECN: Instant
- Pro: Market
- Islamic: Market
- Islamic Account Availability: Yes, available for Muslim traders.
- Swap-Free Options: Offered in Islamic accounts.
- Demo Account Features: Available for practice trading with virtual funds.
Advantages and Disadvantages of Each Account Type
Standard Account:
- Advantages:
- Low minimum deposit
- User-friendly for beginners
- Access to a wide range of instruments
- Disadvantages:
- Higher spreads compared to ECN and Pro accounts
ECN Account:
- Advantages:
- Direct market access
- Lower spreads
- Suitable for high-frequency trading
- Disadvantages:
- Higher minimum deposit
- Commission fees apply
Pro Account:
- Advantages:
- Tight spreads
- Advanced trading tools available
- Higher leverage options
- Disadvantages:
- High minimum deposit
- Commission fees apply
Islamic Account:
- Advantages:
- Compliant with Sharia law
- Swap-free trading
- Disadvantages:
- Limited availability for non-Muslim traders
Demo Account:
- Advantages:
- Risk-free trading environment
- Practice with real market conditions
- Disadvantages:
- Limited duration and virtual funds
Part 3: ebh Account Opening Requirements
ebh Account Registration Requirements
To open an account with EBH, potential traders must meet the following eligibility criteria:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: EBH may have limitations based on the trader's country of residence.
- Prohibited Countries: Traders from certain countries may not be eligible; check EBH's website for the latest list.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID)
- Proof of residence (utility bill or bank statement)
- Additional Documentation for Professional Accounts: May include financial statements or proof of trading experience.
KYC/AML Compliance Procedures
EBH adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all users to verify their identity and provide necessary documentation.
Verification Time Frames
Account verification typically takes between 1 to 3 business days, depending on the completeness of submitted documents.
Part 4: ebh Account Opening Process
Step-by-Step ebh Account Opening Guide
- Visit Website: Go to the EBH official website.
- Click Registration: Locate and click the registration button.
- Personal Information Entry: Fill in personal details such as name, email, and phone number.
- Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic).
- Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
- Document Upload: Upload required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to start trading.
- 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 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
Typically, account approval takes 1 to 3 business days, depending on the completeness of the application.
How to Upgrade/Downgrade Account Types
Traders can request to upgrade or downgrade their account type through the customer support portal or by contacting their account manager.
ebh Demo Account Guide
The demo account allows traders to practice trading without financial risk. Key features include:
- Features and Benefits: Access to real market conditions, practice trading strategies, and familiarize with the trading platform.
- How to Open a Demo Account: Follow the same registration process but select the demo account option.
- Demo Account Limitations: Limited duration and virtual balance.
- Virtual Balance Amount: Typically $10,000 in virtual funds.
- Demo vs Live Account Differences: Demo accounts have no financial risk, while live accounts involve real money trading.
- Duration/Expiry of Demo Accounts: Demo accounts usually expire after 30 days but can be renewed.
Part 6: ebh Islamic Account Details
ebh Islamic Account Details
EBH offers Islamic accounts that comply with Sharia law. Key details include:
- Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
- Eligibility Requirements: Must provide proof of Muslim faith.
- Differences from Standard Accounts: No swap fees applied.
- How to Apply for Islamic Account: Select the Islamic account option during registration.
- Restrictions or Special Conditions: Must adhere to Islamic trading principles.
FAQs – ebh Account Types & Opening
- What account types does ebh offer?
- EBH 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: $100, Demo: Free.
- How long does ebh account verification take?
- Verification typically takes 1 to 3 business days.
- Does ebh offer demo accounts?
- Yes, EBH provides demo accounts for practice trading.
- Can I have multiple account types with ebh?
- Yes, traders can open multiple account types.
- Does ebh offer Islamic/swap-free accounts?
- Yes, EBH offers Islamic accounts compliant with Sharia law.
- What documents do I need to open an ebh account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type.
EBH accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .