Levmet broker Accounts

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

Part 1: levmet Account Types Explained

Available Account Types

Levmet offers several account types tailored to various trading needs and experience levels:

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commissions.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly platform, access to educational resources.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Spreads from 0.1 pips, commission of $7 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, faster execution.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips, commission of $5 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Enhanced trading conditions, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

1. Islamic Account

• Minimum Deposit: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free.
• Leverage Options: Up to 1:200.
• Key Features: Complies with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities.

1. Demo Account

• Minimum Deposit: Virtual balance of $10,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free environment for practice, access to all trading instruments.
• Target User Profile: Beginners looking to practice trading.
• Trading Instruments Available: Forex, commodities, indices.

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: levmet Account Features Comparison

Detailed levmet Account Features

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• User-friendly interface.

• Access to educational resources.

• ECN Account:

• Tight spreads and low commissions.

• Faster execution speeds.

• Direct access to the market.

• Pro Account:

• Best trading conditions.

• Priority customer support.

• Suitable for high-volume trading.

• Islamic Account:

• Complies with Islamic finance principles.

• No interest charges.

• Demo Account:

• Risk-free trading environment.

• Practice with virtual funds.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited features for advanced traders.

• ECN Account:

• Higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• Requires a significant initial investment.

• More complex for beginners.

• Islamic Account:

• Limited to specific trading conditions.

• Higher minimum deposit than Standard.

• Demo Account:

• No real money trading experience.

• Limited duration for practice.

Part 3: levmet Account Registration Requirements

levmet Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Not available in certain countries (specific countries not listed).

• Prohibited Countries: Specific countries may be restricted based on local regulations.

• 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 trading experience or financial status may be required.

• KYC/AML Compliance Procedures:

• All users must undergo Know Your Customer (KYC) checks.

• Anti-Money Laundering (AML) compliance is strictly enforced.

• Verification Time Frames:

• Typically, account verification takes 1-3 business days.

Part 4: levmet Account Opening Process

Step-by-Step levmet Account Opening Guide

1. Visit Website and Click Registration: Go to the Levmet website and find the registration button.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to start trading.
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 fewer options visible at once.

Common Registration Issues and Solutions

• Issue: Documents not accepted.

• Solution: Ensure documents are clear, recent, and meet the specified requirements.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Account approval typically takes between 1 to 3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

• Users can request to change account types through the customer support portal or directly in their account settings.

Part 5: levmet Demo Account Information

levmet Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments.

• Virtual balance to practice trading strategies without risk.

• How to Open a Demo Account:

• Follow the same registration process but select the demo account option.

• Demo Account Limitations:

• Limited to a virtual balance and may expire after a certain period.

• Virtual Balance Amount:

• Typically starts with a virtual balance of $10,000.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds, while live accounts involve real money trading.

• Duration/Expiry of Demo Accounts:

• Demo accounts may have a set expiry period, often ranging from 30 to 90 days.

Part 6: levmet Islamic Account Details

levmet Islamic Account Details

• Swap-free/Islamic Account Availability:

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

• Eligibility Requirements:

• Must provide documentation confirming the need for an Islamic account.

• Differences from Standard Accounts:

• Islamic accounts do not incur swap fees for overnight positions.

• How to Apply for Islamic Account:

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

• Restrictions or Special Conditions:

• Islamic accounts may have specific trading conditions and limitations.

FAQs – levmet Account Types & Opening

1. What account types does levmet offer？

• Levmet 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 levmet account verification take？

• Verification typically takes 1-3 business days.

1. Does levmet offer demo accounts？

• Yes, Levmet offers demo accounts for practice trading.

1. Can I have multiple account types with levmet？

• Yes, users can hold multiple account types.

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

• Yes, Levmet provides Islamic accounts that are swap-free.

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

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, account types can be changed by requesting through customer support.