EISL broker Accounts

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

Part 1: eisl Account Types Overview

eisl Account Types Explained

EISL offers several account types tailored to different trading needs and experience levels. Below are the primary account types available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips, $5 commission per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, ideal for scalping.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips, $3 commission per lot.
• Leverage Options: Up to 1:300.
• Key Features: Advanced trading tools, 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, no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Complies with Sharia law, no interest charges.
• Target User Profile: Muslim traders seeking compliant trading options.
• 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: Risk-free trading environment, practice trading strategies.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: eisl Account Features Comparison

Detailed eisl Account Features

Minimum Deposit

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

Maximum Leverage

• Standard Account: 1:500
• ECN Account: 1:200
• Pro Account: 1:300
• Islamic Account: 1:500
• Demo Account: 1:500

Spreads (Typical/Minimum)

• Standard Account: 1.5 pips
• ECN Account: 0.1 pips
• Pro Account: 0.5 pips
• Islamic Account: 1.5 pips
• Demo Account: Similar to Standard Account

Commission Fees

• Standard Account: None
• ECN Account: $5 per lot
• Pro Account: $3 per lot
• Islamic Account: None
• Demo Account: N/A

Lot Size

• Standard Account: Standard lots
• ECN Account: Micro, mini, standard lots
• Pro Account: Micro, mini, standard lots
• Islamic Account: Standard lots
• Demo Account: Standard lots

Available Trading Platforms

• Standard Account: MT4, MT5
• ECN Account: MT4, MT5
• Pro Account: MT4, MT5
• Islamic Account: MT4, MT5
• Demo Account: MT4, MT5

Execution Type

• Standard Account: Market execution
• ECN Account: ECN execution
• Pro Account: Market execution
• Islamic Account: Market execution
• Demo Account: Market execution

Islamic Account Availability

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: N/A

Swap-Free Options

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: N/A

Demo Account Features

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: Yes

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• Low minimum deposit.

• No commission fees.

• ECN Account:

• Tight spreads for scalping.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Advanced trading tools.

• Lower commission fees.

• Priority customer support.

• Islamic Account:

• Complies with Sharia law.

• No interest charges.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free environment.

• Practice trading strategies.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may reduce profitability.

• Pro Account:

• Higher minimum deposit.

• May not be suitable for casual traders.

• Islamic Account:

• Limited availability of certain trading instruments.

• May have restrictions compared to standard accounts.

• Demo Account:

• No real money trading.

• Limited to virtual funds.

Part 3: eisl Account Opening Requirements

eisl Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Available in most countries, but specific regions may be restricted.
• Prohibited Countries: Not specified in the sources.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, national ID).
• Proof of Residence: Utility bill or bank statement with the applicant's name and address.

Additional Documentation for Professional Accounts

• Professional Account Documentation: May require additional financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• EISL follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations to verify the identity of its clients.

Verification Time Frames

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

Part 4: eisl Account Opening Process

Step-by-Step eisl Account Opening Guide

1. Visit Website and Click Registration: Go to the official EISL website and find the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Specify trading preferences such as leverage and account currency.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Once approved, deposit funds into your account to start trading.
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 limited features.

Common Registration Issues and Solutions

• Issue: Not receiving the verification email.

• Solution: Check spam folders or ensure the email address entered is correct.

• Issue: Difficulty uploading documents.

• Solution: Ensure documents are in the correct format and size.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: eisl Demo Account Information

eisl Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to all trading instruments available in live accounts.
• Allows traders to test strategies without financial risk.

How to Open a Demo Account

• Visit the EISL website and select the demo account option.
• Fill in the required information and create a demo account.

Demo Account Limitations

• Limited to virtual funds, no real money involved.
• May have a time limit on usage.

Virtual Balance Amount

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

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.
• Demo accounts may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity.

Part 6: eisl Islamic Account Details

eisl Islamic Account Details

Swap-Free/Islamic Account Availability

• EISL offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a practicing Muslim to apply for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur 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 limitations on certain trading instruments or strategies.

FAQs – eisl Account Types & Opening

1. What account types does eisl offer？

• EISL 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 eisl account verification take？

• Account verification typically takes 1-3 business days.

1. Does eisl offer demo accounts？

• Yes, EISL provides demo accounts for practice trading.

1. Can I have multiple account types with eisl？

• Yes, clients can open multiple account types.

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

• Yes, EISL offers Islamic accounts that comply with Sharia law.

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

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

1. Can I change my account type after registration？

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