Euroxx broker Accounts

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

euroxx Account Types Explained

Euroxx offers a variety of account types tailored to meet the needs of different traders, from beginners to experienced professionals. Below is a detailed overview of each account type available through Euroxx.

1. Standard Account

• Minimum Deposit Requirement: €100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips.
• Leverage Options: Up to 1:30 for retail clients.
• Key Features: Access to a wide range of trading instruments, including forex, commodities, and indices.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: €500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips with a commission of €3 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: €1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a commission of €2 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Advanced trading tools, priority customer support, and tailored services.
• Target User Profile: Professional traders and institutional clients.
• Trading Instruments Available: Extensive range including forex, commodities, indices, and stocks.

4. Islamic Account

• Minimum Deposit Requirement: €500
• Spread/Commission Structure: Similar to the Standard or Pro Account, but swap-free.
• Leverage Options: Up to 1:30.
• Key Features: Complies with Sharia law, no interest fees.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of €10,000.
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Up to 1:30.
• Key Features: Risk-free trading environment to practice strategies.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Same as Standard Account.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed euroxx Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Suitable for beginners.

• Access to educational resources.

• ECN Account:

• Tight spreads.

• Faster execution speeds.

• Ideal for scalping and high-frequency trading.

• Pro Account:

• Advanced trading features.

• Lower commission costs.

• Tailored support for professional traders.

• Islamic Account:

• Complies with Islamic finance principles.

• No interest charges.

• Same features as Standard or Pro accounts.

• 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 apply.

• Pro Account:

• Requires a higher initial investment.

• More complex features may overwhelm beginners.

• Islamic Account:

• Limited to specific trading conditions.

• May not be available for all instruments.

• Demo Account:

• Virtual funds may not reflect real trading conditions.

• Limited duration for practice.

euroxx Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but not available in certain jurisdictions (specific countries may be prohibited).
• Prohibited Countries: Specific countries may be restricted; check Euroxx's website for the latest list.
• Identity Verification Documents Needed: Valid government-issued ID (passport or national ID card).
• Proof of Residence Requirements: Recent utility bill or bank statement showing your name and address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• Euroxx adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. All clients must provide necessary documentation for verification.

Verification Time Frames

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

Step-by-Step euroxx Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the Euroxx website and select the "Open an Account" option.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your preferred trading settings and leverage options.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for Euroxx to verify your documents.
7. Fund Your Account: Once verified, deposit funds into your account using your preferred payment method.
8. 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 the mobile interface may have a simplified layout for easier navigation.

Common Registration Issues and Solutions

• Issue: Document upload fails.

• Solution: Ensure documents are clear and in the correct format (PDF, JPEG).

• Issue: Account verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Most accounts are approved within 1 to 3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

• To change your account type, contact Euroxx customer support to request an upgrade or downgrade, providing any necessary documentation.

euroxx Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice without financial risk, using virtual funds to simulate real trading conditions.

How to Open a Demo Account

• Visit the Euroxx website and select the option to open a demo account. Follow the registration steps similar to opening a live account.

Demo Account Limitations

• The demo account may have a limited duration (typically 30 days) and may not offer all the features available in live accounts.

Virtual Balance Amount

• The demo account typically provides a virtual balance of €10,000.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money trading. Market conditions may also differ.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but users may have the option to renew.

euroxx Islamic Account Details

Swap-Free/Islamic Account Availability

• Euroxx offers an Islamic account option that is compliant with Sharia law, allowing trading without interest charges.

Eligibility Requirements

• Traders must declare their need for an Islamic account and provide necessary documentation.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, but they may have similar spreads and commissions as Standard or Pro accounts.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, including limitations on certain instruments.

FAQs – euroxx Account Types & Opening

1. What account types does euroxx offer？

• Euroxx 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: €0.

1. How long does euroxx account verification take？

• Verification typically takes 1 to 3 business days.

1. Does euroxx offer demo accounts？

• Yes, Euroxx provides a demo account with a virtual balance.

1. Can I have multiple account types with euroxx？

• Yes, you can hold multiple account types, subject to Euroxx's policies.

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

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

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

• A valid 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.