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:
| Account Type | Minimum Deposit | Spread Type | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | Variable | None | 1:500 | Beginners |
| ECN | $500 | Raw | $5/lot | 1:200 | Advanced traders |
| Pro | $1,000 | Fixed | $3/lot | 1:100 | Professional traders |
| Islamic | $100 | Variable | None | 1:500 | Muslim traders |
| Demo | Virtual funds | Variable | None | 1:500 | Beginners |
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.
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
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
To open an energie account, the following eligibility criteria must be met:
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.
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.
Explore broker markets account types: forex/trading accounts with demo access.