enercity broker Accounts

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

Part 1: enercity Account Types Overview

enercity Account Types Explained

Enercity offers a variety of account types tailored to different trading needs and preferences. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: €100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips
• Leverage Options: Up to 1:30 for retail clients
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: €500
• Spread/Commission Structure: Low spreads starting from 0.1 pips plus commission
• Leverage Options: Up to 1:100
• Key Features: Direct market access, lower trading costs
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: €1,000
• Spread/Commission Structure: Tight spreads with lower commission fees
• Leverage Options: Up to 1:200
• Key Features: Advanced trading tools and analytics
• Target User Profile: Professional traders and institutions
• 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 1:30
• Key Features: Swap-free trading compliant with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically €10,000)
• Spread/Commission Structure: Same as live accounts
• Leverage Options: Same as live accounts
• Key Features: Risk-free trading environment, practice strategies
• 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/Professional: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: enercity Account Features Comparison

Detailed enercity Account Features

When comparing the features of enercity account types, consider the following aspects:

• Minimum Deposit

• Standard: €100

• ECN: €500

• Pro: €1,000

• Islamic: €100

• Demo: Virtual funds

• Maximum Leverage

• Standard: Up to 1:30

• ECN: Up to 1:100

• Pro: Up to 1:200

• Islamic: Up to 1:30

• Demo: Same as live accounts

• Spreads (Typical/Minimum)

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: Tight spreads

• Islamic: Similar to Standard

• Commission Fees

• Standard: None

• ECN: Yes, based on trading volume

• Pro: Lower than ECN

• Islamic: None

• Lot Size (Micro/Mini/Standard)

• Standard: Mini and Standard

• ECN: Micro, Mini, and Standard

• Pro: Micro, Mini, and Standard

• Islamic: Mini and 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

• 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

• All account types offer demo accounts with virtual funds to practice trading.

Advantages of Each Account Type

• Standard Account:

• User-friendly interface

• No commission fees

• Suitable for beginners

• ECN Account:

• Low spreads

• Direct market access

• Ideal for scalpers

• Pro Account:

• Advanced trading tools

• Lower commission rates

• Suitable for professional traders

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Available for all trading instruments

• Demo Account:

• Risk-free environment

• Practice without financial commitment

• Access to all trading features

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Requires higher minimum deposit

• Commission fees can add up

• Pro Account:

• High minimum deposit requirement

• More complex for beginners

• Islamic Account:

• Limited to Muslim traders

• May have restrictions on certain trading strategies

• Demo Account:

• Limited duration

• Virtual trading may not reflect live market conditions

Part 3: enercity Account Opening Requirements

enercity Account Registration Requirements

To open an enercity account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents in most countries, but specific restrictions may apply.
• Prohibited Countries: Residents from certain jurisdictions may be restricted (specific countries 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: Must provide documentation showing current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

Enercity adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address before trading.

Verification Time Frames

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

Part 4: enercity Account Opening Process

Step-by-Step enercity Account Opening Guide

1. Visit Website and Click Registration: Go to the enercity homepage and click on the registration link.
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 identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount 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, with mobile registration optimized for ease of use.

Common Registration Issues and Solutions

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

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

Account types can be changed by contacting customer support and providing any necessary documentation for the new account type.

Part 5: enercity Demo Account Information

enercity Demo Account Guide

Enercity offers a demo account that allows traders to practice without financial risk.

• Demo Account Features and Benefits:
• Access to all trading instruments
• Virtual funds for trading
• Ability to test strategies in real market conditions

How to Open a Demo Account

To open a demo account, simply select the demo option during the registration process and follow the prompts.

Demo Account Limitations

Demo accounts may have time limits or restrictions on certain features compared to live accounts.

Virtual Balance Amount

Typically, demo accounts start with a virtual balance of €10,000.

Demo vs Live Account Differences

Demo accounts use virtual funds and may not reflect real market conditions, while live accounts involve real money and actual market dynamics.

Duration/Expiry of Demo Accounts

Demo accounts usually remain active for a limited time, often 30 days, after which they may expire unless converted to a live account.

Part 6: enercity Islamic Account (if available)

enercity Islamic Account Details

Enercity offers Islamic accounts that comply with Sharia law.

• Swap-Free/Islamic Account Availability: Yes, available for all account types.
• Eligibility Requirements: Must be a Muslim trader.
• Differences from Standard Accounts: No swap fees applied.
• How to Apply for Islamic Account: Select the Islamic account option during registration or request it through customer support.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles.

FAQs – enercity Account Types & Opening

1. What account types does enercity offer？

• Enercity 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 funds.

1. How long does enercity account verification take？

• Verification typically takes 1-3 business days.

1. Does enercity offer demo accounts？

• Yes, enercity provides demo accounts for practice trading.

1. Can I have multiple account types with enercity？

• Yes, clients can hold multiple account types.

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

• Yes, Islamic accounts are available.

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

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

1. Can I change my account type after registration？

• Yes, account types can be changed by contacting customer support.