Enea broker Accounts

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

enea Account Types Explained

Enea offers a variety of account types tailored to different trading needs and experiences. Below is a comprehensive overview of the available account types:

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: Ideal for beginners, offers access to a wide range of trading instruments.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, suitable for scalping and high-frequency trading.
• Target User Profile: Advanced traders.
• Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions, suitable for professional traders.
• Target User Profile: Experienced traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to the Standard Account but swap-free.
• Leverage Options: Up to 1:200.
• Key Features: Compliant with Islamic finance principles, no swap fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (usually $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Same as Standard Account.
• Key Features: Risk-free environment for practice trading.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed enea Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• User-friendly for beginners.

• ECN Account:

• Tight spreads.

• Direct market access.

• Suitable for scalping.

• Pro Account:

• Enhanced trading conditions.

• Lower commission fees.

• Suitable for high-volume traders.

• Islamic Account:

• Compliant with Islamic finance.

• No swap fees.

• Available for all trading instruments.

• Demo Account:

• Risk-free trading environment.

• Ideal for strategy testing.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited features for advanced trading.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Requires higher initial investment.

• Commission fees can add up.

• Islamic Account:

• Limited availability for some instruments.

• May have higher spreads.

• Demo Account:

• Virtual funds only.

• Limited to practice trading.

enea 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 address (utility bill or bank statement).
• Proof of Residence Requirements: Recent document showing the current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Enea adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to provide necessary documentation for verification.

Verification Time Frames

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

Step-by-Step enea Account Opening Guide

Registration Process

1. Visit the Website: Go to the Enea official website.
2. Click Registration: Locate and click on the registration button.
3. Personal Information Entry: Fill in the required personal details (name, email, phone number).
4. Choose Account Type: Select the desired account type from the options provided.
5. Set Trading Preferences: Indicate trading preferences and leverage options.
6. Document Upload: Upload the necessary identification and proof of residence documents.
7. Account Verification: Wait for the account verification process to complete.
8. Fund Your Account: Deposit funds into your account to start trading.
9. 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, though the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Not receiving verification email.
• Solution: Check spam/junk folders or request a new verification email.
• Issue: Document upload errors.
• Solution: Ensure documents are clear and in the correct format.

Average Account Approval Time

• Account approval typically takes 1-3 business days, contingent on the verification process.

How to Upgrade/Downgrade Account Types

• Users can contact customer support to request an upgrade or downgrade of their account type, subject to the minimum deposit requirements of the desired account.

enea Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments, same trading conditions as live accounts.
• Benefits: Risk-free environment for practice, ability to test strategies without financial risk.

How to Open a Demo Account

• Follow the same registration process as a live account, selecting the demo option during account type selection.

Demo Account Limitations

• Limited to virtual trading; cannot withdraw or transfer virtual profits.

Virtual Balance Amount

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

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts typically remain active for 30 days, after which they may need to be renewed.

enea Islamic Account Details

Swap-free/Islamic Account Availability

• Enea offers swap-free Islamic accounts for traders adhering to Islamic finance principles.

Eligibility Requirements

• Traders must provide documentation confirming their need for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Sharia law.

How to Apply for Islamic Account

• Select the Islamic account option during registration and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limited access to certain instruments.

FAQs – enea Account Types & Opening

1. What account types does enea offer？

• Enea 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: $500, Demo: Virtual balance.

1. How long does enea account verification take？

• Verification typically takes 1-3 business days.

1. Does enea offer demo accounts？

• Yes, Enea offers demo accounts for practice trading.

1. Can I have multiple account types with enea？

• Yes, traders can hold multiple account types.

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

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

1. What documents do I need to open a enea 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.