enoi broker Accounts

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

Part 1: enoi Account Types Overview

enoi Account Types Explained

enoi offers several account types tailored to different trading needs and levels of experience. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads from 0.0 pips plus a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads starting from 0.5 pips with a commission of $2 per lot
• Leverage Options: Up to 1:300
• Key Features: Advanced trading tools, dedicated account manager
• Target User Profile: Professional traders
• 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 1:500
• Key Features: Swap-free trading in compliance with Sharia law
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:500
• Key Features: Risk-free environment to practice trading
• Target User Profile: Beginners and those testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: enoi Account Features Comparison

Detailed enoi Account Features

When comparing the features across different enoi account types, the following aspects are essential:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.0 pips

• ECN: 0.0 pips

• Pro: 0.5 pips

• Islamic: 1.0 pips

• Demo: 1.0 pips

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: $2 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: 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: Market

• 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 funds for practice

• Access to all trading instruments

• Same trading conditions as live accounts

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners

• Low minimum deposit

• Access to a wide range of instruments

• ECN Account:

• Tight spreads and low commissions

• Fast execution speeds

• Suitable for high-frequency trading

• Pro Account:

• Advanced trading features

• Personalized support

• Competitive trading conditions

• Islamic Account:

• Complies with Sharia law

• No swap fees

• Available for all trading instruments

• Demo Account:

• Risk-free trading environment

• Ideal for strategy testing

• No financial commitment required

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees may add up

• Pro Account:

• Requires a higher initial investment

• Not suitable for beginners

• Islamic Account:

• Limited availability in some regions

• May have restrictions on certain instruments

• Demo Account:

• No real financial gains

• Limited duration for practice

Part 3: enoi Account Opening Requirements

enoi Account Registration Requirements

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

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Not available in certain jurisdictions (specific countries may be prohibited).
• Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
• 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 documents showing current residential address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) procedures, which include verifying identity and residence.
• Anti-Money Laundering (AML) checks are conducted to ensure compliance with financial regulations.

Verification Time Frames

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

Part 4: enoi Account Opening Process

Step-by-Step enoi Account Opening Guide

1. Visit Website and Click Registration: Go to the enoi official website and locate the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on trading needs.
4. Set Trading Preferences: Specify trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for account verification, which may take 1-3 business days.
7. Fund Your Account: Deposit the minimum required amount to activate the account.
8. Start Trading: Once funded, access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor interface differences.
• Mobile users may have a more streamlined experience with fewer steps.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are in the correct format and within size limits.

• Issue: Email verification not received.

• Solution: Check spam/junk folders and ensure the correct email address was provided.

Average Account Approval Time

• The average account approval time is 1-3 business days, depending on the verification process.

How to Upgrade/Downgrade Account Types

• To upgrade or downgrade an account type, contact customer support for assistance and follow their instructions.

Part 5: enoi Demo Account Information

enoi Demo Account Guide

• Demo Account Features and Benefits:

• Access to virtual funds for risk-free trading.

• Ability to practice trading strategies without financial risk.

• Same trading conditions as live accounts.

• How to Open a Demo Account:

• Visit the enoi website and select the demo account option.

• Fill in the registration form and submit.

• Demo Account Limitations:

• Limited duration (typically 30 days).

• No real financial gains can be made.

• Virtual Balance Amount: Typically $100,000 in virtual funds.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts involve real money.

• Trading conditions may vary slightly based on market conditions.

• Duration/Expiry of Demo Accounts: Demo accounts usually expire after 30 days unless extended.

Part 6: enoi Islamic Account Details

enoi Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, enoi offers Islamic accounts that comply with Sharia law.
• Eligibility Requirements: Must be a practicing Muslim and provide relevant documentation if required.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees and may have different trading conditions.
• How to Apply for Islamic Account: Select the Islamic account option during registration or contact customer support.
• Restrictions or Special Conditions: May have limitations on certain trading instruments or account features.

FAQs – enoi Account Types & Opening

1. What account types does enoi offer？

• enoi 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: N/A.

1. How long does enoi account verification take？

• Verification typically takes 1-3 business days.

1. Does enoi offer demo accounts？

• Yes, enoi provides demo accounts for practice trading.

1. Can I have multiple account types with enoi？

• Yes, traders can open multiple account types as needed.

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

• Yes, enoi offers Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, account types can be upgraded or downgraded by contacting customer support.