Exinity offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target Users |
|---|---|---|---|---|---|
| Standard | $20 | From 1.0 pips | None | Up to 1:2000 | Beginners |
| Pro | $500 | From 0.0 pips | $3 per lot | Up to 1:500 | Advanced traders |
| ECN | $1000 | From 0.0 pips | $6 per lot | Up to 1:200 | Professional traders |
| Islamic | $100 | Similar to Standard | None | Up to 1:2000 | Muslim traders |
| Demo | Virtual funds | Same as Standard | None | Same as Standard | Beginners and testers |
When comparing the features of different exinity account types, consider the following aspects:
Minimum Deposit:
Standard: $20
Pro: $500
ECN: $1000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: Up to 1:2000
Pro: Up to 1:500
ECN: Up to 1:200
Islamic: Up to 1:2000
Spreads (Typical/Minimum):
Standard: From 1.0 pips
Pro: From 0.0 pips
ECN: From 0.0 pips
Islamic: Similar to Standard
Commission Fees:
Standard: None
Pro: $3 per lot
ECN: $6 per lot
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
Pro: Mini, Standard
ECN: Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
All accounts: MT4, MT5
Execution Type:
Standard: Market Execution
Pro: Market Execution
ECN: ECN Execution
Islamic: Market Execution
Islamic Account Availability:
Yes for Islamic Account only.
Swap-Free Options:
Available for Islamic Account.
Demo Account Features:
Virtual trading environment with real market conditions.
Standard Account:
Low minimum deposit.
User-friendly for beginners.
No commissions.
Pro Account:
Tight spreads.
Advanced trading tools.
Suitable for experienced traders.
ECN Account:
Direct market access.
Low latency execution.
Ideal for high-frequency trading.
Islamic Account:
Complies with Sharia law.
No swap fees.
Accessible to Muslim traders.
Demo Account:
Risk-free trading environment.
Practice strategies without financial risk.
Access to all trading instruments.
Standard Account:
Higher spreads compared to ECN.
Limited advanced features.
Pro Account:
Higher minimum deposit.
Commissions apply.
ECN Account:
Higher minimum deposit.
Commissions can add to trading costs.
Islamic Account:
Limited to specific trading conditions.
May have restrictions on certain instruments.
Demo Account:
Virtual funds do not reflect real trading conditions.
Limited duration for practice.
To open an account with exinity, the following eligibility criteria must be met:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries, but specific regions may be restricted.
Prohibited Countries: Countries under sanctions or with strict trading regulations may be restricted.
Identity Verification Documents Needed:
Government-issued ID (passport, national ID).
Proof of address (utility bill, bank statement).
Proof of Residence Requirements: Recent documents showing your name and address.
Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.
Issue: Document rejection.
Solution: Ensure documents are clear and meet the specified requirements.
Issue: Delays in verification.
Solution: Contact customer support for status updates.
Demo Account Features and Benefits:
Access to real market conditions without financial risk.
Practice trading strategies and familiarize with the trading platform.
How to Open a Demo Account:
Follow the same registration process, selecting the demo account option.
Demo Account Limitations:
Limited duration (typically 30 days).
Virtual funds may not reflect real market conditions.
Virtual Balance Amount:
Usually set at $10,000 for practice.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30 days unless extended.
Explore broker markets account types: forex/trading accounts with demo access.