energie Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: energie Account Types Overview
energie Account Types Explained
energie offers a variety of account types tailored to different trading needs and expertise levels. Below is a comprehensive overview of the available account types:
- Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.0 pips
- Leverage Options: Up to 1:500
- Key Features: Access to all trading instruments, educational resources, and customer support.
- Target User Profile: Beginners and intermediate traders.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
- ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads from 0.0 pips with a commission of $5 per lot.
- Leverage Options: Up to 1:200
- Key Features: Direct market access, faster execution speeds, and lower spreads.
- Target User Profile: Advanced traders and scalpers.
- Trading Instruments Available: Forex, commodities, and indices.
- Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Fixed spreads starting from 0.5 pips with a commission of $3 per lot.
- Leverage Options: Up to 1:100
- Key Features: Tailored services for professional traders, advanced trading tools, and dedicated account manager.
- Target User Profile: Professional traders and institutions.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
- Islamic Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Similar to Standard Account with no swap fees.
- Leverage Options: Up to 1:500
- Key Features: Complies with Sharia law, no interest on overnight positions.
- Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
- Demo Account
- Minimum Deposit Requirement: Virtual funds (typically $10,000)
- Spread/Commission Structure: Same as Standard Account.
- Leverage Options: Up to 1:500
- Key Features: Risk-free trading environment to practice strategies and familiarize with the trading platform.
- Target User Profile: Beginners and those testing new strategies.
- Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginner: Standard Account, Demo Account
- Intermediate: Standard Account, Islamic Account
- Advanced: ECN Account
- Professional: Pro Account
Part 2: energie Account Features Comparison
Detailed energie Account Features
When comparing the features of different energie account types, the following aspects are crucial:
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: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard Account
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Standard
Islamic: 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: Instant
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 typically $10,000, full access to trading instruments, and no time limit for practice.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
Access to educational resources
Suitable for beginners
ECN Account:
Lower spreads
Direct market access
Ideal for scalpers
Pro Account:
Tailored services
Advanced trading tools
Dedicated support
Islamic Account:
No swap fees
Complies with Islamic finance principles
Suitable for Muslim traders
Demo Account:
Risk-free environment
Practice trading strategies
Familiarization with the platform
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
High minimum deposit
Not suitable for beginners
Islamic Account:
Limited to Muslim traders
May have fewer features than Standard Account
Demo Account:
Virtual funds only
Limited to practice, not real trading experience
Part 3: energie Account Opening Requirements
energie Account Registration Requirements
To open an energie account, the following eligibility criteria must be met:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available in most countries, but specific restrictions may apply.
- Prohibited Countries: Countries under international sanctions may be restricted.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID)
- Proof of address (utility bill or bank statement)
- Proof of Residence Requirements: Recent documents showing the address.
- Additional Documentation for Professional Accounts: May require proof of trading experience or financial statements.
KYC/AML Compliance Procedures
- All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and prevent fraud.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Part 4: energie Account Opening Process
Step-by-Step energie Account Opening Guide
- Visit Website and Click Registration: Go to the energie website and select the registration option.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that suits your trading needs.
- Set Trading Preferences: Indicate your trading preferences and risk tolerance.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds into your account to start trading.
- Start Trading: Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile, but the mobile interface may have fewer features.
Common Registration Issues and Solutions
- Issue: Document not accepted.
- Solution: Ensure documents are clear and meet the requirements.
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- The average account approval time is between 1-3 business days, depending on document verification.
How to Upgrade/Downgrade Account Types
- Account types can be changed by submitting a request through the client portal or contacting customer support.
energie Demo Account Guide
-
Demo Account Features and Benefits:
Allows traders to practice without financial risk.
Access to all trading instruments and features available in live accounts.
How to Open a Demo Account:
Visit the energie website and select the demo account option.
Fill in the required information and create your demo account.
Demo Account Limitations:
Limited to virtual funds and cannot be used for real trading.
Virtual Balance Amount:
Typically set at $10,000 for practice purposes.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money and trading risks.
Duration/Expiry of Demo Accounts:
Demo accounts may have an expiry period, typically lasting 30 days, but can often be extended.
Part 6: energie Islamic Account Details
energie Islamic Account Details
-
Swap-Free/Islamic Account Availability:
Available for all account types (Standard, ECN, Pro).
Eligibility Requirements:
Must be a Muslim trader seeking compliance with Islamic finance principles.
Differences from Standard Accounts:
No swap fees applied for overnight positions.
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; no interest-based transactions.
FAQs – energie Account Types & Opening
- What account types does energie offer?
- energie offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual funds.
- How long does energie account verification take?
- Verification typically takes 1-3 business days.
- Does energie offer demo accounts?
- Yes, energie offers demo accounts for practice trading.
- Can I have multiple account types with energie?
- Yes, clients can open multiple account types.
- Does energie offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available for all account types.
- What documents do I need to open a energie account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, account types can be upgraded or downgraded upon request.
Energie accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .