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

ebrokerhouse Account Types Explained

ebrokerhouse offers several account types tailored to meet the diverse needs of traders, from beginners to experienced professionals. Below is a detailed overview of each account type available.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Access to a wide range of trading instruments, including forex, commodities, and indices.
• Target User Profile: Beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads starting from 1 pip, commission-free trading.
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools and analytics, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard account.
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading to comply with Islamic finance principles.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to the Standard account.
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds, access to all trading tools.
• Target User Profile: Beginners looking to practice trading strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Detailed ebrokerhouse Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Suitable for beginners.

• Access to a variety of instruments.

• ECN Account:

• Tight spreads and low commissions.

• Ideal for scalping and high-frequency trading.

• Direct access to market liquidity.

• Pro Account:

• Advanced trading tools and analytics.

• No commission fees.

• Priority support for traders.

• Islamic Account:

• Complies with Islamic finance principles.

• No swap fees.

• Accessible to all trading instruments.

• Demo Account:

• Risk-free trading environment.

• Practice without financial commitment.

• Access to all trading tools.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit requirement.

• Commission fees can add up for frequent traders.

• Pro Account:

• Higher initial investment needed.

• May not be suitable for casual traders.

• Islamic Account:

• Limited to specific trading instruments.

• Not available for all account types.

• Demo Account:

• Virtual funds only; no real trading experience.

• Limited duration for practice.

ebrokerhouse Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: ebrokerhouse may have restrictions based on the trader's country of residence.
• Prohibited Countries: Specific countries may be restricted from opening accounts; check ebrokerhouse's terms for details.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license).
• Proof of residence (utility bill or bank statement).
• Additional Documentation for Professional Accounts: May require additional financial documents or proof of trading experience.

KYC/AML Compliance Procedures

ebrokerhouse adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all traders to verify their identity and provide necessary documentation.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step ebrokerhouse Account Opening Guide

Registration Process

1. Visit Website: Go to the ebrokerhouse homepage.
2. Click Registration: Locate and click on the registration button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
6. Document Upload: Upload the required identity verification documents.
7. Account Verification: Wait for the confirmation email regarding your account status.
8. Fund Your Account: Deposit the minimum required amount to start trading.
9. Start Trading: Access your account and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a more streamlined design for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are in the correct format and within size limits.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

Most accounts are approved within 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

To change your account type, contact ebrokerhouse customer support for guidance on the process and any additional requirements.

ebrokerhouse Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments and tools available in live accounts.
• Benefits: Allows traders to practice strategies without financial risk.

How to Open a Demo Account

1. Visit the ebrokerhouse website.
2. Click on the demo account registration link.
3. Fill out the required information.
4. Receive login credentials for the demo account.

Demo Account Limitations

• Limited duration for use, typically 30 days.
• Virtual funds only; cannot be converted to real money.

Virtual Balance Amount

Demo accounts usually come with a virtual balance of $100,000 for practice trading.

Demo vs Live Account Differences

While demo accounts simulate real trading conditions, they do not involve actual financial transactions or emotional factors associated with live trading.

Duration/Expiry of Demo Accounts

Demo accounts typically expire after 30 days of inactivity, but users can request extensions if needed.

ebrokerhouse Islamic Account Details

Swap-Free/Islamic Account Availability

ebrokerhouse offers Islamic accounts that comply with Sharia law, allowing traders to engage in trading without incurring swap fees.

Eligibility Requirements

To qualify for an Islamic account, traders must declare their adherence to Islamic finance principles.

Differences from Standard Accounts

Islamic accounts do not incur swap fees, making them suitable for Muslim traders who cannot engage in interest-bearing transactions.

How to Apply for Islamic Account

Traders can apply for an Islamic account during the registration process by selecting the Islamic account option.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions or limitations on certain instruments; traders should review these before opening an account.

FAQs – ebrokerhouse Account Types & Opening

1. What account types does ebrokerhouse offer？

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

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

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.

1. How long does ebrokerhouse account verification take？

• Verification typically takes 1-3 business days.

1. Does ebrokerhouse offer demo accounts？

• Yes, ebrokerhouse provides demo accounts for practice trading.

1. Can I have multiple account types with ebrokerhouse？

• Yes, traders can open multiple account types.

1. Does ebrokerhouse offer Islamic/swap-free accounts？

• Yes, ebrokerhouse offers Islamic accounts that are swap-free.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can change your account type by contacting customer support.