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Rating Index

Pros

Established brokerage with a long history since 1995, providing a sense of reliability.
Recently acquired by CFI Financial Group, which may enhance its service offerings and market presence.
Offers a range of services including online trading, trading statement generation, and trading news.

Cons

As a newly acquired entity, there may be transitional challenges affecting service continuity and customer experience.
Limited brand recognition compared to larger global brokers, which could impact trust for new clients.
The Egyptian market is still developing in terms of modern trading infrastructure, which may hinder the trading experience.

El MAHROUSA broker Accounts

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

Part 1: el mahrousa Account Types Explained

Available Account Types

  1. Standard Account
  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.5 pips
  • Leverage Options: Up to 1:200
  • Key Features: Basic trading features suitable for beginners
  • Target User Profile: Beginner traders
  • Trading Instruments Available: Forex, commodities, indices
  1. ECN Account
  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads from 0.1 pips with a commission of $5 per lot
  • Leverage Options: Up to 1:100
  • Key Features: Direct market access, lower spreads
  • Target User Profile: Intermediate to advanced traders
  • Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
  1. Pro Account
  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Fixed spreads starting from 1 pip
  • Leverage Options: Up to 1:300
  • Key Features: Advanced trading tools and features
  • Target User Profile: Professional 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 1:200
  • Key Features: Swap-free account compliant with Islamic law
  • Target User Profile: Muslim traders
  • Trading Instruments Available: Forex, commodities, indices
  1. Demo Account
  • Minimum Deposit Requirement: Virtual balance (typically $10,000)
  • Spread/Commission Structure: Same as Standard Account
  • Leverage Options: Same as Standard Account
  • Key Features: Risk-free environment to practice trading
  • Target User Profile: All traders, especially beginners
  • Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Account Type Minimum Deposit Spread/Commission Leverage Target User Profile
Standard $100 From 1.5 pips Up to 1:200 Beginners
ECN $500 From 0.1 pips + $5/lot Up to 1:100 Intermediate/Advanced
Pro $1,000 From 1 pip Up to 1:300 Professionals
Islamic $100 Similar to Standard Up to 1:200 Muslim traders
Demo Virtual balance Same as Standard Same as Standard All traders

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

Part 2: Detailed el mahrousa Account Features

Feature Comparison Across Account Types

  • Minimum Deposit:

  • Standard: $100

  • ECN: $500

  • Pro: $1,000

  • Islamic: $100

  • Demo: Virtual balance

  • Maximum Leverage:

  • Standard: 1:200

  • ECN: 1:100

  • Pro: 1:300

  • Islamic: 1:200

  • Spreads (Typical/Minimum):

  • Standard: From 1.5 pips

  • ECN: From 0.1 pips

  • Pro: From 1 pip

  • Islamic: Similar to Standard

  • Commission Fees:

  • Standard: None

  • ECN: $5 per lot

  • Pro: None

  • Islamic: None

  • Lot Size:

  • Standard: Micro (0.01)

  • ECN: Mini (0.1)

  • Pro: Standard (1)

  • Islamic: Micro (0.01)

  • Available Trading Platforms:

  • Standard: MT4

  • ECN: MT4, MT5

  • Pro: MT4, MT5

  • Islamic: MT4

  • Execution Type:

  • Standard: Market

  • ECN: ECN

  • Pro: Instant

  • Islamic: Market

  • Islamic Account Availability:

  • Standard: Yes

  • ECN: Yes

  • Pro: Yes

  • Islamic: Yes

  • Swap-Free Options:

  • All accounts available as swap-free

  • Demo Account Features:

  • Virtual balance, access to all trading instruments

Advantages of Each Account Type

  • Standard Account:

  • Low minimum deposit

  • User-friendly interface

  • Suitable for beginners

  • ECN Account:

  • Lower spreads

  • Direct market access

  • Ideal for scalpers

  • Pro Account:

  • Advanced trading tools

  • Higher leverage options

  • Fixed spreads for better predictability

  • Islamic Account:

  • Compliant with Islamic finance principles

  • No swap fees

  • Available for all trading instruments

  • Demo Account:

  • Risk-free trading environment

  • Practice with virtual funds

  • Access to all trading features

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN

  • Limited advanced features

  • ECN Account:

  • Higher minimum deposit

  • Commission fees may add up

  • Pro Account:

  • High minimum deposit requirement

  • Not suitable for beginners

  • Islamic Account:

  • Limited availability in some regions

  • May have fewer features than other accounts

  • Demo Account:

  • Limited time access

  • No real financial commitment

Part 3: el mahrousa Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old
  • Geographic Restrictions: Not available in certain countries (specific countries not listed)
  • Prohibited Countries: Specific countries may be restricted (not listed)

Identity Verification Documents Needed

  • Government-issued ID (passport or national ID)
  • Proof of residence (utility bill or bank statement)

Additional Documentation for Professional Accounts

  • Business registration documents (if applicable)
  • Financial statements (if required)

KYC/AML Compliance Procedures

  • Complete identity verification
  • Submit required documents for review

Verification Time Frames

  • Typically takes 1-3 business days for account verification

Part 4: Step-by-Step el mahrousa Account Opening Guide

Detailed Step-by-Step Registration Process

  1. Visit Website and Click Registration: Go to the official el mahrousa website.
  2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload the required identity verification documents.
  6. Account Verification: Wait for the verification process to complete.
  7. Fund Your Account: Deposit the minimum required amount to activate your account.
  8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both platforms, but mobile users may have a simplified interface.

Common Registration Issues and Solutions

  • Issue: Document upload failure

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

  • Issue: Verification delays

  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Typically 1-3 business days after document submission.

How to Upgrade/Downgrade Account Types

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

Part 5: el mahrousa Demo Account Guide

Demo Account Features and Benefits

  • Access to all trading instruments
  • Risk-free environment with virtual funds
  • Practice trading strategies without financial risk

How to Open a Demo Account

  • Follow the same registration process as for a live account, selecting the demo option.

Demo Account Limitations

  • Limited time access (usually 30 days)
  • Virtual funds cannot be withdrawn

Virtual Balance Amount

  • Typically set at $10,000 for practice trading.

Demo vs Live Account Differences

  • Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

  • Demo accounts typically expire after 30 days of inactivity.

Part 6: el mahrousa Islamic Account Details

Swap-Free/Islamic Account Availability

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

Eligibility Requirements

  • Must be a practicing Muslim.
  • Standard verification documents required.

Differences from Standard Accounts

  • Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

  • Select the Islamic account option during the registration process.

Restrictions or Special Conditions

  • Islamic accounts may have specific trading conditions, such as limited leverage.

FAQs – el mahrousa Account Types & Opening

  1. What account types does el mahrousa offer?
  • el mahrousa 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: Virtual balance.
  1. How long does el mahrousa account verification take?
  • Verification typically takes 1-3 business days.
  1. Does el mahrousa offer demo accounts?
  • Yes, el mahrousa provides demo accounts for practice trading.
  1. Can I have multiple account types with el mahrousa?
  • Yes, traders can open multiple account types.
  1. Does el mahrousa offer Islamic/swap-free accounts?
  • Yes, Islamic accounts are available.
  1. What documents do I need to open a el mahrousa 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.

El MAHROUSA accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
El MAHROUSA Account