EED broker Accounts

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

Part 1: eed Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading tools, access to all trading instruments
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.1 pips, commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 0.5 pips, commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority customer service
• Target User Profile: Experienced traders
• Trading Instruments Available: Forex, commodities, indices, stocks

1. Islamic Account

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

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds, access to all trading instruments
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: eed Account Features Comparison

Detailed eed Account Features

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Available for Standard and Islamic accounts

• Swap-Free Options:

• Available for Islamic accounts

• Demo Account Features:

• Virtual balance, access to all trading instruments, practice trading

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly for beginners

• Access to all trading instruments

• ECN Account:

• Tight spreads

• Direct market access

• Fast execution speeds

• Pro Account:

• Enhanced trading conditions

• Lower commission fees

• Priority customer support

• Islamic Account:

• Complies with Islamic law

• No swap fees

• Available for all trading instruments

• Demo Account:

• Risk-free trading

• Practice strategies

• Access to all features of live accounts

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Higher minimum deposit

• Limited to experienced traders

• Islamic Account:

• May have limited features compared to other accounts

• Demo Account:

• Virtual funds only

• Limited duration for practice

Part 3: eed Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries; check specific restrictions
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Must provide a document showing current address
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

Verification Time Frames

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

Part 4: eed Account Opening Process

Step-by-Step eed Account Opening Guide

1. Visit Website and Click Registration: Go to the eed trading platform website.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account to be verified by the eed team.
7. Fund Your Account: Deposit funds into your account using preferred payment methods.
8. 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, but the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Account approval typically takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Users can request an upgrade or downgrade through the account settings or by contacting customer support.

Part 5: eed Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, practice trading strategies, and use of virtual funds.
• Benefits: Risk-free environment to learn trading without financial exposure.

How to Open a Demo Account

• Visit the eed website, select the demo account option, and follow the registration steps similar to opening a live account.

Demo Account Limitations

• Limited duration (usually 30-90 days) and virtual funds only.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

• Demo accounts use virtual funds and do not involve real financial risks, while live accounts involve actual trading with real money.

Duration/Expiry of Demo Accounts

• Demo accounts generally expire after 30-90 days of inactivity.

Part 6: eed Islamic Account Details

Swap-Free/Islamic Account Availability

• eed offers Islamic accounts that comply with Sharia law, allowing for swap-free trading.

Eligibility Requirements

• Must be a practicing Muslim and provide relevant documentation if required.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different trading conditions.

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 trading conditions or limits on certain instruments.

FAQs – eed Account Types & Opening

1. What account types does eed offer？

• eed 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 eed account verification take？

• Verification typically takes 1-3 business days.

1. Does eed offer demo accounts？

• Yes, eed offers demo accounts for practice trading.

1. Can I have multiple account types with eed？

• Yes, users can have multiple accounts as per their trading needs.

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

• Yes, eed provides Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type.