European Markets broker Accounts

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

Part 1: european markets Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit: €50
• Spread/Commission Structure: Spreads from 1.0 pips, no commission.
• Leverage Options: Up to 1:1000.
• Key Features: Suitable for beginners, easy to use.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Raw Spread Account

• Minimum Deposit: €500
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $7 per lot.
• Leverage Options: Up to 1:1000.
• Key Features: Ideal for advanced traders seeking lower spreads.
• Target User Profile: Experienced traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit: €1,000
• Spread/Commission Structure: Variable spreads, commission applies.
• Leverage Options: Up to 1:500.
• Key Features: Direct market access, lower latency.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Islamic Account

• Minimum Deposit: €500
• Spread/Commission Structure: Similar to Standard or Raw Spread accounts, but swap-free.
• Leverage Options: Up to 1:1000.
• Key Features: Complies with Sharia law, no interest fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit: Virtual funds (usually €10,000).
• Spread/Commission Structure: Same as live accounts.
• Leverage Options: Same as live accounts.
• Key Features: Practice trading without risk, access to all trading instruments.
• Target User Profile: New traders wanting to practice.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: Detailed european markets Account Features

Features Comparison Across Different Account Types

• Minimum Deposit:

• Standard: €50

• Raw Spread: €500

• ECN: €1,000

• Islamic: €500

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:1000

• Raw Spread: 1:1000

• ECN: 1:500

• Islamic: 1:1000

• Demo: Same as live accounts

• Spreads:

• Standard: From 1.0 pips

• Raw Spread: From 0.0 pips

• ECN: Variable

• Islamic: Similar to Standard

• Demo: Same as live accounts

• Commission Fees:

• Standard: None

• Raw Spread: $7 per lot

• ECN: Yes

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• Raw Spread: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• Raw Spread: MT4, MT5

• ECN: Proprietary, MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• Raw Spread: ECN

• ECN: ECN

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• Raw Spread: Yes

• ECN: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: Yes

• Raw Spread: Yes

• ECN: Yes

• Islamic: Yes

• Demo: N/A

• Demo Account Features:

• Virtual trading environment, access to all instruments, same trading conditions as live accounts.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commissions.

• User-friendly interface.

• Raw Spread Account:

• Tight spreads.

• Suitable for scalping.

• No hidden fees.

• ECN Account:

• Direct market access.

• Lower latency.

• Ideal for high-frequency trading.

• Islamic Account:

• Complies with Sharia law.

• No interest fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading.

• Practice strategies.

• Familiarize with the trading platform.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to Raw Spread.

• Limited features for advanced traders.

• Raw Spread Account:

• Higher minimum deposit.

• Commission fees can add up.

• ECN Account:

• Higher minimum deposit.

• May have additional fees.

• Islamic Account:

• Limited availability in some regions.

• May have restrictions on trading certain instruments.

• Demo Account:

• No real money involved.

• Limited time for practice.

Part 3: european markets Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of EU countries.
• Prohibited Countries: Specific countries may be restricted based on local regulations.

Identity Verification Documents Needed

• Proof of Identity: Passport or government-issued ID.
• Proof of Residence: Recent utility bill or bank statement showing your name and address.

Additional Documentation for Professional Accounts

• Business Registration Documents: If applying as a corporate entity.
• Financial Statements: May be required for high-value accounts.

KYC/AML Compliance Procedures

• All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to verify identity and source of funds.

Verification Time Frames

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

Part 4: Step-by-Step european markets Account Opening Guide

Detailed Step-by-Step Registration Process

1. Visit Website: Go to the official european markets website.
2. Click Registration: Find and click the "Open Account" button.
3. Personal Information Entry: Fill in your personal details including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to start trading.
9. Start Trading: Log in to your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but the mobile interface may have fewer options visible at once.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the required format.
• Issue: Verification takes too long.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings section to request an upgrade or downgrade.

Part 5: european markets Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments.
• Practice trading strategies without financial risk.
• Real-time market conditions.

How to Open a Demo Account

• Follow the same registration process as for a live account, selecting "Demo Account" during the account type selection.

Demo Account Limitations

• Limited to virtual funds.
• Time restrictions may apply based on the broker's policies.

Virtual Balance Amount

• Typically, demo accounts are funded with €10,000 in virtual currency.

Demo vs Live Account Differences

• Demo accounts do not involve real money and may have limited features compared to live accounts.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, but this can vary by broker.

Part 6: european markets Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available and comply with Sharia law.

Eligibility Requirements

• Must be a practicing Muslim.
• Verification of religious status may be required.

Differences from Standard Accounts

• No swap fees applied.
• May have different trading conditions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Certain trading instruments may be restricted to comply with Islamic law.

FAQs – european markets Account Types & Opening

1. What account types does european markets offer？

• European markets offers Standard, Raw Spread, ECN, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: €50, Raw Spread: €500, ECN: €1,000, Islamic: €500, Demo: Virtual funds.

1. How long does european markets account verification take？

• Verification typically takes 1-3 business days.

1. Does european markets offer demo accounts？

• Yes, european markets provides demo accounts for practice trading.

1. Can I have multiple account types with european markets？

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

1. Does european markets offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available and comply with Sharia law.

1. What documents do I need to open a european markets 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 your account settings.