EQUITY WORLD broker Accounts

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

Part 1: equity world Account Types Overview

equity world Account Types Explained

Equity World offers a variety of account types tailored to different trading needs and preferences. Below are the main account types available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission
• Leverage Options: Up to 1:500
• Key Features: Suitable for beginners, access to various trading instruments, user-friendly interface
• Target User Profile: Beginners
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0 pips, commission of $6 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, ideal for high-frequency traders
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1 pip, commission of $3 per lot
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions, priority support, advanced trading tools
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account, no swap fees
• Leverage Options: Up to 1:500
• Key Features: Compliant with Sharia law, no interest on overnight positions
• 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: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and experienced traders wanting to test strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: equity world Account Features Comparison

Detailed equity world Account Features

Comparison of Features Across Different Account Types

• 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: From 1.5 pips

• ECN: From 0 pips

• Pro: From 1 pip

• Islamic: From 1.5 pips

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $6 per lot

• Pro: $3 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, 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: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance: $10,000

• Duration: Unlimited until inactive

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• User-friendly for beginners
• Access to a wide range of instruments
• ECN Account:
• Low spreads for high-frequency trading
• Direct market access
• Ideal for scalpers
• Pro Account:
• Enhanced trading conditions
• Priority customer support
• Advanced trading tools
• Islamic Account:
• Compliant with Sharia law
• No overnight interest fees
• Suitable for Muslim traders
• Demo Account:
• Risk-free trading environment
• Practice strategies without financial risk
• Unlimited access until inactive

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 for frequent traders
• Pro Account:
• Higher minimum deposit
• May not be suitable for casual traders
• Islamic Account:
• Limited to Muslim traders
• May have restrictions on certain trading strategies
• Demo Account:
• No real financial gains
• May not fully replicate live trading conditions

Part 3: equity world Account Opening Requirements

equity world Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders globally, but specific countries may be restricted.
• Prohibited Countries: Countries under sanctions or with strict trading regulations may be prohibited.

Identity Verification Documents Needed

• Primary Documents:
• Government-issued ID (passport or national ID)
• Proof of residence (utility bill or bank statement)

Additional Documentation for Professional Accounts

• Proof of income or financial statements may be required for Pro accounts.

KYC/AML Compliance Procedures

• All applicants must complete a Know Your Customer (KYC) process, which includes verifying identity and residence.
• Anti-Money Laundering (AML) checks are also conducted.

Verification Time Frames

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

Part 4: equity world Account Opening Process

Step-by-Step equity world Account Opening Guide

1. Visit Website and Click Registration:

• Go to the official Equity World website and click on the "Open Account" button.

1. Personal Information Entry:

• Fill in your personal details, including name, email, and phone number.

1. Choose Account Type:

• Select the account type that suits your trading needs.

1. Set Trading Preferences:

• Specify your trading preferences, including leverage and trading platform.

1. Document Upload:

• Upload the required identity verification documents.

1. Account Verification:

• Wait for the account to be verified by the Equity World team.

1. Fund Your Account:

• Once approved, deposit funds into your account to start trading.

1. 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, but mobile may have simplified steps.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure documents are clear and in the correct format.

• Issue: Delayed verification.

• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: equity world Demo Account Information

equity world Demo Account Guide

Demo Account Features and Benefits

• Practice trading with virtual funds.
• Access to all trading instruments available in live accounts.
• No financial risk involved.

How to Open a Demo Account

• Select the demo account option during the registration process and follow the prompts.

Demo Account Limitations

• Virtual funds are not real and cannot be withdrawn.
• May not fully replicate live trading conditions.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money, while live accounts require actual funds for trading.

Duration/Expiry of Demo Accounts

• Demo accounts remain active until they are inactive for a prolonged period.

Part 6: equity world Islamic Account Details

equity world Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who require compliance with Sharia law.

Eligibility Requirements

• Traders must declare their need for an Islamic account during registration.

Differences from Standard Accounts

• Islamic accounts do not incur overnight swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account

• Select the Islamic account option during the account registration process.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions that differ from standard accounts.

FAQs – equity world Account Types & Opening

1. What account types does equity world offer？

• Equity World 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 equity world account verification take？

• Verification typically takes 1-3 business days.

1. Does equity world offer demo accounts？

• Yes, Equity World offers demo accounts for practice trading.

1. Can I have multiple account types with equity world？

• Yes, traders can have multiple account types.

1. Does equity world offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for traders who require them.

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

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

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.