ETAS broker Accounts

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

etas Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spread starting from 1.5 pips
• Leverage Options: Up to 1:500
• Key Features: Ideal for beginners, access to all trading instruments, user-friendly platform.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Low spreads starting from 0.1 pips plus a commission of $5 per lot.
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds, suitable for scalpers.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips with a commission of $3 per lot.
• Leverage Options: Up to 1:100
• Key Features: Enhanced trading conditions, priority support, advanced trading tools.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

• Minimum Deposit: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts but without swap fees.
• Leverage Options: Up to 1:200
• 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: Virtual funds (typically $10,000)
• Spread/Commission Structure: Same as the Standard account.
• Leverage Options: Same as the Standard account.
• Key Features: Risk-free trading environment, practice strategies, and familiarize with the platform.
• Target User Profile: Beginners and those testing new strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed etas Account Features

Features Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: Virtual funds

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:100

• Islamic: Up to 1:200

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.0 pips

• Islamic: Similar to Standard

• 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: Mini, 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: ECN

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo Account Features:

• Virtual balance amount: Typically $10,000

• Duration/expiry: Usually 30 days

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• User-friendly interface

• Access to all trading instruments

• ECN Account:

• Low spreads

• Direct market access

• Ideal for scalping strategies

• Pro Account:

• Best trading conditions

• Priority customer support

• Advanced trading tools

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment

• Practice trading strategies

• Familiarize with the trading platform

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees can add up

• Pro Account:

• Requires a significant initial investment

• More complex trading tools may overwhelm beginners

• Islamic Account:

• Limited availability of trading instruments

• Higher minimum deposit than Standard

• Demo Account:

• Limited duration

• No real financial gain

etas Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions or with specific regulatory restrictions may be prohibited.
• Identity Verification Documents Needed: Valid government-issued ID (passport, driver's license).
• Proof of Residence Requirements: Utility bill, bank statement, or official document showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the volume of applications and the accuracy of submitted documents.

Step-by-Step etas Account Opening Guide

etas Account Opening Process

1. Visit Website and Click Registration: Navigate to the etas official website and select the account registration option.
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 your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identity verification documents and proof of residence.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your trading account.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience through a dedicated app.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the required format.
• Issue: Delays in verification.
• Solution: Contact customer support for updates.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Users can request to change their account type through the customer support portal or account management section once logged in.

etas Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to all trading instruments available in live accounts.
• Ideal for testing strategies without financial risk.

How to Open a Demo Account

• Visit the etas website and select the demo account option.
• Fill in the required personal information and create a demo account.

Demo Account Limitations

• Limited duration (usually 30 days).
• Virtual funds only, no real trading.

Virtual Balance Amount

• Typically set at $10,000 for practice trading.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Demo accounts do not reflect real market conditions, such as slippage or spreads.

Duration/Expiry of Demo Accounts

• Most demo accounts expire after 30 days but may be extendable upon request.

etas Islamic Account Details

Islamic Account Availability

• etas offers a swap-free Islamic account option for Muslim traders.

Eligibility Requirements

• Must be a practicing Muslim and provide documentation if required.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees for overnight positions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide any necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions and limitations compared to standard accounts.

FAQs – etas Account Types & Opening

1. What account types does etas offer？

• etas 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: $500, Demo: Virtual funds.

1. How long does etas account verification take？

• Account verification typically takes 1-3 business days.

1. Does etas offer demo accounts？

• Yes, etas offers demo accounts with virtual funds for practice.

1. Can I have multiple account types with etas？

• Yes, users can have multiple account types.

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

• Yes, etas offers Islamic accounts that comply with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.