enmacc Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: enmacc Account Types Overview
enmacc Account Types Explained
Enmacc offers various account types tailored to meet the diverse needs of traders in the energy and environmental commodities markets. Below is a detailed overview of each account type:
1. Standard Account
- Minimum Deposit Requirement: €1,000
- Spread/Commission Structure: Variable spreads starting from 1.0 pips
- Leverage Options: Up to 1:30
- Key Features:
- Access to all trading instruments
- Basic trading tools and resources
- Target User Profile: Beginners and intermediate traders
- Trading Instruments Available: Power, gas, Guarantees of Origin, emissions allowances
2. ECN Account
- Minimum Deposit Requirement: €5,000
- Spread/Commission Structure: Low spreads from 0.1 pips, with a commission of €5 per lot
- Leverage Options: Up to 1:100
- Key Features:
- Direct market access
- Advanced trading tools
- Target User Profile: Experienced traders and professionals
- Trading Instruments Available: All instruments available in the Standard account
3. Pro Account
- Minimum Deposit Requirement: €10,000
- Spread/Commission Structure: Spreads from 0.0 pips, commission varies
- Leverage Options: Up to 1:200
- Key Features:
- Enhanced trading conditions
- Priority customer support
- Target User Profile: Professional and institutional traders
- Trading Instruments Available: All instruments available in the ECN account
4. Islamic Account
- Minimum Deposit Requirement: €1,000
- Spread/Commission Structure: Similar to Standard account, swap-free
- Leverage Options: Up to 1:30
- Key Features:
- Complies with Sharia law
- No swap fees
- Target User Profile: Muslim traders seeking compliant trading options
- Trading Instruments Available: All instruments available in the Standard account
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Same as Standard account
- Leverage Options: Same as Standard account
- Key Features:
- Practice trading without risk
- Access to all trading tools
- Target User Profile: Beginners and traders looking to test strategies
- Trading Instruments Available: All instruments available in the Standard account
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
Part 2: enmacc Account Features Comparison
Detailed enmacc Account Features
The following table compares the features across different enmacc account types:
Advantages of Each Account Type
- Standard Account:
- Low minimum deposit
- Suitable for beginners
- Access to all trading instruments
- ECN Account:
- Lower spreads
- Direct market access
- Suitable for high-frequency trading
- Pro Account:
- Best trading conditions
- Priority support
- Suitable for institutional traders
- Islamic Account:
- Compliant with Sharia law
- No swap fees
- Suitable for Muslim traders
- Demo Account:
- Risk-free trading environment
- Full access to trading tools
- Ideal for strategy testing
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:
- Very high minimum deposit
- Not suitable for casual traders
- Islamic Account:
- Limited to standard features
- Not available for all trading instruments
- Demo Account:
- Virtual funds only
- Limited duration for practice
Part 3: enmacc Account Opening Requirements
enmacc Account Registration Requirements
To open an enmacc account, the following eligibility criteria must be met:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of EU countries and select others.
- Prohibited Countries: Countries under international sanctions may be restricted.
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID card)
- Proof of address (utility bill or bank statement)
- Proof of Residence Requirements: Recent documents showing your name and address.
- Additional Documentation for Professional Accounts: Business registration documents, financial statements, and proof of trading experience.
KYC/AML Compliance Procedures
Enmacc follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to ensure compliance with regulations. This includes verifying the identity of all clients and monitoring transactions for suspicious activity.
Verification Time Frames
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Part 4: enmacc Account Opening Process
Step-by-Step enmacc Account Opening Guide
- Visit the Website: Go to the enmacc homepage.
- Click Registration: Locate and click on the "Register" button.
- 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: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Once verified, deposit funds into your account.
- 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, although the mobile interface may be more streamlined for ease of use.
Common Registration Issues and Solutions
- Issue: Document upload fails.
- Solution: Ensure documents are in the correct format and within size limits.
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
Account approval typically takes between 1-3 business days, depending on the volume of applications.
How to Upgrade/Downgrade Account Types
To change your account type, contact enmacc customer support and request the desired change. Additional documentation or deposits may be required based on the new account type.
enmacc Demo Account Guide
The enmacc demo account allows traders to practice trading without any financial risk.
Demo Account Features and Benefits
- Access to all trading instruments
- Real-time market conditions
- Full trading tools available
How to Open a Demo Account
- Visit the enmacc website and select the demo account option.
- Fill in the required personal information.
- Receive login credentials to access the demo platform.
Demo Account Limitations
- Virtual balance only; no real trading profits.
- Limited duration for use, typically 30 days.
Virtual Balance Amount
Demo accounts typically come with a virtual balance of €100,000.
Demo vs Live Account Differences
- Demo accounts use virtual funds, while live accounts involve real money.
- Demo accounts may not reflect all trading conditions experienced in live trading.
Duration/Expiry of Demo Accounts
Demo accounts usually expire after 30 days of inactivity.
Part 6: enmacc Islamic Account (if available)
enmacc Islamic Account Details
Enmacc offers an Islamic account option for traders who require a swap-free trading environment.
Swap-free/Islamic Account Availability
- Yes, Islamic accounts are available.
Eligibility Requirements
- Must provide proof of religious adherence to qualify for an Islamic account.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, aligning with Sharia law.
How to Apply for Islamic Account
- During the registration process, select the Islamic account option and provide necessary documentation.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions that differ from standard accounts, including limits on certain trading strategies.
FAQs – enmacc Account Types & Opening
- What account types does enmacc offer?
- Enmacc offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: €1,000, ECN: €5,000, Pro: €10,000, Islamic: €1,000, Demo: N/A.
- How long does enmacc account verification take?
- Verification typically takes 1-3 business days.
- Does enmacc offer demo accounts?
- Yes, enmacc provides demo accounts for practice trading.
- Can I have multiple account types with enmacc?
- Yes, traders can hold multiple account types.
- Does enmacc offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available.
- What documents do I need to open an enmacc account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to change your account type through customer support.
Enmacc accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .