LINZ AG broker Accounts

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

linz ag Account Types Explained

Linz AG offers a variety of account types tailored to meet the needs of different traders. Below is a comprehensive overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: €100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:30.
• Key Features: Suitable for beginners; access to all trading instruments.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: €500
• Spread/Commission Structure: Raw spreads starting from 0.1 pips; commission of €3 per lot.
• Leverage Options: Up to 1:100.
• Key Features: Direct market access; faster execution speeds.
• Target User Profile: Intermediate to advanced traders.
• 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; commission of €2 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Advanced trading tools; priority customer support.
• Target User Profile: Experienced traders and professionals.
• Trading Instruments Available: Forex, commodities, indices, stocks.

4. Islamic Account

• Minimum Deposit Requirement: €500
• Spread/Commission Structure: Similar to the Standard Account; no swap fees.
• Leverage Options: Up to 1:30.
• Key Features: Compliant with Sharia law; no interest on overnight positions.
• Target User Profile: Traders seeking Sharia-compliant trading.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of €10,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:30.
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: All levels, especially beginners.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed linz ag Account Features

Account Features Comparison

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• User-friendly for beginners.

• ECN Account:

• Tight spreads for better pricing.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Advanced trading tools.

• Lower commission fees.

• Priority customer support.

• Islamic Account:

• Compliant with Islamic finance principles.

• No overnight interest fees.

• Demo Account:

• Risk-free trading environment.

• Access to all trading instruments.

• Ideal for testing strategies.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees may reduce profitability.

• Pro Account:

• Higher minimum deposit requirement.

• May not be suitable for beginners.

• Islamic Account:

• Limited to specific trading conditions.

• Demo Account:

• No real monetary gain.

• Limited duration for practice.

linz ag Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries; check specific country eligibility.
• Prohibited Countries: Countries under sanctions or restrictions may not be eligible.
• Identity Verification Documents Needed: Valid government-issued ID (passport or national ID).
• Proof of Residence Requirements: Utility bill or bank statement dated within the last three months.
• Additional Documentation for Professional Accounts: Proof of trading experience or financial status may be required.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) checks.
• Anti-Money Laundering (AML) policies are strictly enforced.

Verification Time Frames

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

Step-by-Step linz ag Account Opening Guide

Registration Process

1. Visit Website: Go to the linz ag official website.
2. Click Registration: Locate and click on the registration button.
3. Personal Information Entry: Fill in your personal details including name, email, and phone number.
4. Choose Account Type: Select the account type that suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences and risk tolerance.
6. Document Upload: Upload required identity verification and proof of residence documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit the minimum required amount to activate your account.
9. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience with fewer steps.

Common Registration Issues and Solutions

• Issue: Documents not accepted.
• Solution: Ensure documents are clear and meet the specified requirements.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Most accounts are approved within 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings section to request an upgrade or downgrade.

linz ag Demo Account Guide

Demo Account Features and Benefits

• Provides a virtual balance for risk-free trading.
• Access to all trading instruments available on live accounts.
• Ideal for practicing trading strategies without financial risk.

How to Open a Demo Account

• Visit the linz ag website and select the demo account option.
• Fill in the required personal information and create a username and password.

Demo Account Limitations

• The demo account may have a limited duration, typically 30 days.
• Virtual balance may not be transferable to a live account.

Virtual Balance Amount

• Demo accounts usually come with a virtual balance of €10,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts require actual funds.
• Execution speeds may differ due to market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after 30 days of inactivity.

linz ag Islamic Account Details

Swap-Free/Islamic Account Availability

• Linz AG offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Applicants must indicate their need for a swap-free account during registration.

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 account registration process.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions; check with customer support for details.

FAQs – linz ag Account Types & Opening

1. What account types does linz ag offer？

• Linz AG 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 linz ag account verification take？

• Account verification typically takes 1-3 business days.

1. Does linz ag offer demo accounts？

• Yes, linz ag offers demo accounts with a virtual balance for practice.

1. Can I have multiple account types with linz ag？

• Yes, you can open multiple account types as per your trading needs.

1. Does linz ag offer Islamic/swap-free accounts？

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

1. What documents do I need to open a linz ag 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 your account settings.