Finance Boutique Forex Broker keeps up-to-date with the latest trading account information, including Beginer, Standart, Vip maximum leverage of 1x200, trading varieties, and more
| Account Type | Minimum Deposit | Spread/Commission | Leverage | Target User Profile |
|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | Up to 1:500 | Beginners |
| ECN | $500 | From 0.0 pips + $3 | Up to 1:200 | Advanced Traders |
| Pro | $1,000 | From 0.5 pips | Up to 1:300 | Professional Traders |
| Islamic | $100 | Similar to Standard | Up to 1:500 | Muslim Traders |
| Demo | N/A | Same as Standard | Same as Standard | Beginners/Testing |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:300
Islamic: Up to 1:500
Demo: Same as Standard
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: None
Islamic: None
Demo: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: 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: Instant
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic Account
Swap-free Options: Yes for Islamic Account
Demo Account Features: Virtual trading environment with real market conditions
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to various trading instruments
No commission fees
ECN Account:
Tight spreads
Direct market access
Suitable for scalping strategies
Lower trading costs
Pro Account:
Enhanced trading conditions
Priority customer support
Access to advanced trading tools
Fixed spreads for better predictability
Islamic Account:
Compliance with Islamic law
No swap fees
Same trading conditions as Standard Account
Suitable for Muslim traders
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
Higher minimum deposit
May not be suitable for beginners
Islamic Account:
Limited availability of certain trading instruments
May have restrictions on trading strategies
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Available in most countries, but may be restricted in certain jurisdictions
Prohibited Countries: Specific countries may be prohibited due to regulatory restrictions
Identity Verification Documents Needed:
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 status may be required for Pro and ECN accounts
KYC/AML Compliance Procedures:
All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks as part of the registration process.
Verification Time Frames:
Typically, account verification takes 1-3 business days, depending on the completeness of submitted documents.
Demo Account Features and Benefits:
Access to a virtual trading environment
Practice trading strategies without financial risk
Ability to test trading platforms and tools
How to Open a Demo Account:
Follow the same registration process as for a live account, selecting the demo account option.
Demo Account Limitations:
Limited to virtual funds; cannot withdraw profits
May have a time limit for usage
Virtual Balance Amount: Typically, demo accounts come with a virtual balance of $10,000 or more.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Trading conditions may differ slightly due to market volatility.
Duration/Expiry of Demo Accounts: Demo accounts may expire after 30-90 days, depending on the broker's policy.
Explore broker markets account types: forex/trading accounts with demo access.