EN-n Forex Broker keeps up-to-date with the latest trading account information, including Opti Invest, Trader, Trader+ maximum leverage of 1:100, trading varieties, and more
When considering trading with en n, its essential to understand the various account types available. Each account type caters to different trading needs and preferences. Below is a comprehensive overview of the account types offered by en n:
| Account Type | Minimum Deposit | Spread Type | Commission | Leverage | Key Features |
|---|---|---|---|---|---|
| Standard | $100 | Fixed | None | 1:500 | User-friendly, all instruments |
| ECN | $500 | Variable | $3/lot | 1:200 | Direct market access, low spreads |
| Pro | $1,000 | Variable | $2/lot | 1:100 | Enhanced conditions, priority support |
| Islamic | $100 | Fixed | None | 1:500 | Sharia-compliant, no swap fees |
| Demo | Virtual funds | Fixed | None | 1:500 | Risk-free practice environment |
When choosing an account type with en n, its crucial to compare the features across different accounts. Below are the key features to consider:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.1 pips
Pro: 0.0 pips
Islamic: Same as Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: 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:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Swap-Free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: N/A
Demo: N/A
Demo Account Features:
Virtual balance of $10,000
Full access to trading instruments
No time limit on practice
Standard Account:
Easy to use for beginners.
No commission fees.
Access to all trading instruments.
ECN Account:
Lower spreads for high-frequency trading.
Direct access to the market.
Ideal for scalpers.
Pro Account:
Enhanced trading conditions.
Priority customer support.
Suitable for professional traders.
Islamic Account:
Complies with Sharia law.
No swap fees.
Available for all trading instruments.
Demo Account:
Risk-free trading environment.
Practice strategies without financial risk.
Access to all trading features.
Standard Account:
Higher spreads compared to ECN.
Limited features for advanced traders.
ECN Account:
Requires a higher minimum deposit.
Commission fees may add up for frequent traders.
Pro Account:
Higher minimum deposit requirement.
Commission fees apply.
Islamic Account:
Limited to specific trading conditions.
May not be suitable for all traders.
Demo Account:
No real financial gains.
Limited to virtual trading only.
Before opening an account with en n, ensure you meet the following eligibility criteria:
en n adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity before trading.
Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.
To open an account with en n, follow these steps:
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.
Issue: Document upload errors.
Solution: Ensure documents are clear and in the correct format.
Issue: Delayed verification.
Solution: Contact customer support for assistance.
Typically, account approval takes between 1 to 3 business days, depending on the verification process.
To change your account type, contact en n customer support to request an upgrade or downgrade, and follow their instructions.
The demo account offered by en n provides a risk-free environment for traders to practice their strategies.
Demo Account Features and Benefits:
Access to all trading instruments.
Virtual balance of $10,000 to practice trading.
No time limit on usage.
How to Open a Demo Account:
Visit the en n website and select the demo account option.
Fill in the required information and create your account.
Demo Account Limitations:
No real financial gains.
Limited to virtual trading only.
Virtual Balance Amount: Typically $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Live accounts may incur trading fees and commissions.
Duration/Expiry of Demo Accounts: Demo accounts usually do not expire, allowing traders to practice indefinitely.
en n offers Islamic accounts that comply with Sharia law.
Explore broker markets account types: forex/trading accounts with demo access.