LEAG broker Accounts

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

Part 1: leag Account Types Explained

leag offers several account types tailored to different trading needs and experiences. Below is a breakdown of the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, access to all trading instruments
• Target User Profile: Beginners and intermediate traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads starting from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, commodities, indices

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads with a commission of $2 per lot
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional and institutional traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account, swap-free
• Leverage Options: Up to 1:500
• Key Features: Complies with Sharia law, no overnight fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Variable spreads similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading without risk, access to all trading tools
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: leag Account Features Comparison

Detailed leag Account Features

Advantages of Each Account Type

• Standard Account:
• User-friendly interface
• Low minimum deposit
• Access to a wide range of instruments
• ECN Account:
• Tight spreads
• Fast execution speeds
• Ideal for scalping
• Pro Account:
• Advanced trading tools
• Priority support
• Suitable for high-volume trading
• Islamic Account:
• Complies with Sharia law
• No overnight fees
• Suitable for Muslim traders
• Demo Account:
• Risk-free trading environment
• Opportunity to practice strategies
• Access to all trading tools

Disadvantages of Each Account Type

• Standard Account:
• Higher spreads compared to ECN
• Limited advanced features
• ECN Account:
• Higher minimum deposit
• Commission fees may add up
• Pro Account:
• High minimum deposit requirement
• Not suitable for beginners
• Islamic Account:
• Limited availability of features
• May not suit all traders
• Demo Account:
• No real profits
• Limited to virtual funds

Part 3: leag Account Registration Requirements

leag Account Registration Requirements

• Eligibility Criteria:
• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Available in most countries, but may have restrictions in certain regions
• Prohibited Countries: Specific countries may be restricted due to regulatory reasons
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license)
• Proof of residence (utility bill or bank statement)
• Additional Documentation for Professional Accounts:
• Financial statements or proof of trading experience may be required
• KYC/AML Compliance Procedures:
• All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations
• Verification Time Frames:
• Account verification typically takes 1-3 business days

Part 4: leag Account Opening Process

Step-by-Step leag Account Opening Guide

1. Visit Website and Click Registration: Go to the official leag website and click on the registration button.
2. Personal Information Entry: Fill in the required personal information, including name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the necessary identity verification documents.
6. Account Verification: Wait for the account to be verified by the leag team.
7. Fund Your Account: Once verified, deposit funds into your account to start trading.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Desktop: Full registration process available with all features.
• Mobile: Streamlined registration process, may have limited features.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and meet size requirements.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: leag Demo Account Information

leag Demo Account Guide

• Demo Account Features and Benefits:
• Practice trading without financial risk
• Access to all trading tools and features
• How to Open a Demo Account:
• Follow the same registration process, selecting the Demo Account option.
• Demo Account Limitations:
• Limited to virtual funds, no real profits can be made.
• Virtual Balance Amount:
• Typically provided with a virtual balance of $100,000.
• Demo vs Live Account Differences:
• Demo accounts use virtual funds; live accounts involve real money.
• Duration/Expiry of Demo Accounts:
• Demo accounts usually expire after 30 days but can be extended upon request.

Part 6: leag Islamic Account Details

leag Islamic Account Details

• Swap-Free/Islamic Account Availability:
• Yes, leag offers Islamic accounts that comply with Sharia law.
• Eligibility Requirements:
• Must be a Muslim trader seeking a swap-free trading environment.
• Differences from Standard Accounts:
• Islamic accounts do not incur overnight fees.
• How to Apply for Islamic Account:
• Select the Islamic account option during the registration process.
• Restrictions or Special Conditions:
• Must adhere to the terms and conditions set by leag for Islamic accounts.

FAQs – leag Account Types & Opening

1. What account types does leag offer？

• leag 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: $100, Demo: N/A.

1. How long does leag account verification take？

• Account verification typically takes 1-3 business days.

1. Does leag offer demo accounts？

• Yes, leag offers demo accounts for practice trading.

1. Can I have multiple account types with leag？

• Yes, you can have multiple account types, but you need to manage them separately.

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

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

1. What documents do I need to open a leag 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 customer support.