M-markets broker Accounts

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

m markets Account Types Explained

m markets offers several account types tailored to different trading needs and profiles. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: USD 50
• Spread/Commission Structure: Low spread
• Leverage Options: Up to 1:2000
• Key Features:
• Access to MetaTrader 4 & 5
• Stop Out Level: 30%
• Target User Profile: Suitable for beginners and regular traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: USD 1,000
• Spread/Commission Structure: Ultra-low spread starting at USD 1
• Leverage Options: Up to 1:2000
• Key Features:
• Access to MetaTrader 4 & 5
• Stop Out Level: 30%
• Target User Profile: Advanced traders looking for professional-grade trading.
• Trading Instruments Available: Forex, commodities, indices.

3. Prime Account

• Minimum Deposit Requirement: USD 100
• Spread/Commission Structure: Extra-low spread
• Leverage Options: Up to 1:2000
• Key Features:
• Access to MetaTrader 4 & 5
• Stop Out Level: 30%
• Target User Profile: High-volume traders.
• Trading Instruments Available: Forex, commodities, indices.

4. Islamic Account

• Minimum Deposit Requirement: Typically aligned with the standard account.
• Spread/Commission Structure: Similar to standard accounts but swap-free.
• Leverage Options: Up to 1:2000
• Key Features:
• Adheres to Sharia law
• Access to MetaTrader 4 & 5
• Target User Profile: Traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Not applicable (virtual funds).
• Spread/Commission Structure: Simulated market conditions.
• Leverage Options: Up to 1:2000
• Key Features:
• Full access to trading platforms
• Ideal for practice and strategy testing.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate: Prime Account
• Advanced: ECN Account, Islamic Account

Detailed m markets Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: USD 50

• ECN: USD 1,000

• Prime: USD 100

• Islamic: USD 50

• Demo: N/A

• Maximum Leverage:

• All accounts: Up to 1:2000

• Spreads (Typical/Minimum):

• Standard: Low

• ECN: Ultra-low starting at USD 1

• Prime: Extra-low

• Islamic: Similar to standard accounts

• Commission Fees:

• Standard: None

• ECN: Commission applies

• Prime: Commission applies

• Islamic: None

• Lot Size:

• Standard: Standard lots

• ECN: Micro/mini/standard lots

• Prime: Micro/mini/standard lots

• Islamic: Standard lots

• Available Trading Platforms:

• All accounts: MetaTrader 4 & 5

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Prime: Market execution

• Islamic: Market execution

• Islamic Account Availability:

• Yes, for Islamic accounts.

• Swap-free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Virtual funds for practice, full access to trading tools.

Advantages of Each Account Type

• Standard Account:

• Low entry barrier

• User-friendly for beginners

• Access to essential trading tools

• ECN Account:

• Tight spreads for cost-effective trading

• Suitable for high-frequency trading

• Direct market access

• Prime Account:

• Competitive spreads for high-volume traders

• Flexible trading conditions

• Access to advanced trading tools

• Islamic Account:

• Compliance with Islamic finance principles

• No swap fees

• Access to all trading instruments

• Demo Account:

• Risk-free trading environment

• Ideal for learning and strategy testing

• No financial commitment required

Disadvantages of Each Account Type

• Standard Account:

• Limited features compared to ECN and Prime accounts

• Higher spreads than ECN accounts

• ECN Account:

• Higher minimum deposit requirement

• Commission fees may apply

• Prime Account:

• Requires a higher deposit than standard accounts

• May not be suitable for casual traders

• Islamic Account:

• Limited to traders seeking swap-free options

• May have fewer promotional offers

• Demo Account:

• No real financial gains

• Limited duration for practice

m markets Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Services may not be available in certain countries (specific countries not listed).
• Prohibited Countries: Not specified in the sources.

Identity Verification Documents Needed

• Government-issued ID (passport or national ID).
• Proof of residence (utility bill or bank statement).

Additional Documentation for Professional Accounts

• Financial statements or proof of income may be required.

KYC/AML Compliance Procedures

• m markets adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and address.

Verification Time Frames

• Account verification typically takes 1-3 business days.

Step-by-Step m markets Account Opening Guide

Detailed Registration Process

1. Visit the Website and Click Registration: Go to the m markets website and find the registration button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, etc.).
4. Set Trading Preferences: Specify trading preferences and leverage options.
5. Document Upload: Upload required identification and proof of residence.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds using available payment methods.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile may have app-specific features.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

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

m markets Demo Account Guide

Demo Account Features and Benefits

• Features: Access to all trading instruments and platforms without financial risk.
• Benefits: Ideal for practicing trading strategies and familiarizing with the trading platform.

How to Open a Demo Account

• Follow the same registration steps, selecting the demo account option.

Demo Account Limitations

• Limited duration for use (specific duration not provided).

Virtual Balance Amount

• The virtual balance amount is typically set by the platform (not specified).

Demo vs Live Account Differences

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

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a certain period of inactivity (specific duration not provided).

m markets Islamic Account Details

Swap-free/Islamic Account Availability

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

Eligibility Requirements

• Standard account eligibility applies.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Specific conditions may apply, such as limited promotional offers.

FAQs – m markets Account Types & Opening

1. What account types does m markets offer？

• m markets offers Standard, ECN, Prime, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: USD 50, ECN: USD 1,000, Prime: USD 100, Islamic: USD 50, Demo: N/A.

1. How long does m markets account verification take？

• Account verification typically takes 1-3 business days.

1. Does m markets offer demo accounts？

• Yes, m markets offers demo accounts for practice trading.

1. Can I have multiple account types with m markets？

• Yes, you can have multiple account types.

1. Does m markets offer Islamic/swap-free accounts？

• Yes, m markets offers Islamic accounts that are swap-free.

1. What documents do I need to open a m markets 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.