macroinvestment offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads, no commission | Up to 1:500 | Basic features, access to all instruments | Beginners | Forex, commodities, indices |
| ECN | $500 | Tight spreads, commission per trade | Up to 1:200 | Direct market access, lower spreads | Advanced traders | Forex, commodities, cryptocurrencies |
| Pro | $1,000 | Low spreads, commission per trade | Up to 1:100 | Advanced trading tools, priority execution | Professional traders | Forex, commodities, indices, stocks |
| Islamic | $100 | Variable spreads, no commission | Up to 1:500 | Swap-free trading, compliant with Sharia law | Muslim traders | Forex, commodities, indices |
| Demo | N/A | N/A | N/A | Practice trading without risk | All levels | Forex, commodities, indices |
The following table compares key features across different macroinvestment account types:
| Feature | Standard | ECN | Pro | Islamic | Demo |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $100 | N/A |
| Maximum Leverage | 1:500 | 1:200 | 1:100 | 1:500 | N/A |
| Spreads (Typical/Minimum) | Variable | Tight | Low | Variable | N/A |
| Commission Fees | None | Yes | Yes | None | N/A |
| Lot Size | Standard | Standard | Standard | Standard | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | No | No | No | No | Yes |
Standard Account
Advantages: Low minimum deposit, no commission fees, suitable for beginners.
Disadvantages: Higher spreads compared to ECN and Pro accounts.
ECN Account
Advantages: Tight spreads, direct market access, suitable for scalping.
Disadvantages: Higher minimum deposit, commission fees apply.
Pro Account
Advantages: Advanced trading tools, low spreads, priority execution.
Disadvantages: Higher minimum deposit, commission fees apply.
Islamic Account
Advantages: Compliant with Sharia law, no swap fees.
Disadvantages: Limited to Muslim traders.
Demo Account
Advantages: Risk-free trading, practice environment.
Disadvantages: Limited to virtual trading, no real profits.
To open a macroinvestment account, the following eligibility criteria must be met:
Demo Account Features and Benefits:
Practice trading without financial risk.
Access to real-time market data and trading tools.
How to Open a Demo Account:
Follow the same registration steps as for a live account, selecting "Demo" as the account type.
Demo Account Limitations:
Limited to virtual trading; no real profits can be made.
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.
Duration/Expiry of Demo Accounts:
Demo accounts may expire after a set period, usually 30 days, but can often be renewed.
Swap-Free/Islamic Account Availability:
Yes, macroinvestment offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
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 and provide necessary documentation.
Restrictions or Special Conditions:
Must adhere to Islamic trading principles; no interest-based transactions.
Explore broker markets account types: forex/trading accounts with demo access.