Eclipse Macro offers several account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type available:
| Account Type | Minimum Deposit | Spread (Min) | Commission | Leverage | Target User |
|---|---|---|---|---|---|
| Standard | $100 | 1.0 pips | None | 1:500 | Beginners |
| ECN | $500 | 0.0 pips | $5/lot | 1:200 | Experienced |
| Pro | $1,000 | 0.5 pips | $3/lot | 1:300 | Professionals |
| Islamic | $500 | 1.0 pips | None | 1:500 | Muslim Traders |
| Demo | N/A | 1.0 pips | None | 1:500 | All Traders |
The features of the eclipse macro account types vary significantly, catering to different trading styles and preferences. Below is a comparison of key features across the account types:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.0 pips
ECN: 0.0 pips
Pro: 0.5 pips
Islamic: 1.0 pips
Demo: 1.0 pips
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:
All accounts: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: No
ECN: No
Pro: No
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: No
ECN: No
Pro: No
Islamic: Yes
Demo: No
Demo Account Features:
Virtual funds for practice
Access to all trading instruments
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to a variety of instruments
ECN Account:
Tight spreads and low commissions
Direct market access
Suitable for high-frequency trading
Pro Account:
Advanced trading tools
Lower commission rates
Ideal for professional traders
Islamic Account:
Complies with Sharia law
No swap fees
Available for all trading instruments
Demo Account:
Risk-free trading environment
Ideal for practice and strategy testing
No financial commitment required
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees can add up
Pro Account:
Higher minimum deposit
More suited for experienced traders
Islamic Account:
Limited availability for non-Muslim traders
May have fewer features compared to other accounts
Demo Account:
Virtual funds may not reflect real trading conditions
Limited time for practice may lead to unrealistic expectations
To open an account with eclipse macro, prospective traders must meet certain eligibility criteria:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to traders in most countries, but specific restrictions may apply.
Prohibited Countries: Countries under international sanctions or restrictions may be prohibited.
Identity Verification Documents Needed:
Government-issued ID (passport or drivers license)
Proof of residence (utility bill or bank statement)
Proof of Residence Requirements:
Recent utility bill or bank statement showing the applicant's name and address.
Additional Documentation for Professional Accounts:
Proof of trading experience or financial qualifications may be required.
KYC/AML Compliance Procedures:
All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of the documentation provided.
The registration process for opening an eclipse macro account is straightforward. Follow these steps:
Issue: Document upload failure.
Solution: Ensure documents are clear and in the correct format (PDF, JPG).
Issue: Email verification not received.
Solution: Check spam/junk folders or request a new verification email.
The demo account offered by eclipse macro provides a risk-free environment for traders to practice their strategies.
Demo Account Features and Benefits:
Access to all trading instruments available in live accounts.
Virtual funds to simulate real trading conditions without financial risk.
How to Open a Demo Account:
Follow the same registration process as for live accounts but select the demo account option.
Demo Account Limitations:
Limited to virtual funds and may have a time limit for usage.
Virtual Balance Amount:
Typically starts with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts require real money deposits.
Duration/Expiry of Demo Accounts:
Demo accounts usually remain active for 30 days but can be extended based on the broker's policies.
Eclipse macro provides an Islamic account option for traders who require compliance with Sharia law.
Swap-Free/Islamic Account Availability:
Islamic accounts are available and do not incur swap fees.
Eligibility Requirements:
Traders must declare their need for an Islamic account during registration.
Differences from Standard Accounts:
Islamic accounts do not have swap fees, making them compliant with Islamic finance principles.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions:
Islamic accounts may have specific terms regarding trading conditions and available instruments.
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