Manbo broker Accounts

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

Part 1: manbo Account Types Overview

manbo Account Types Explained

manbo offers several account types tailored to different trading needs and experience levels. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips, $5 commission per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, faster execution, suitable for scalpers.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips, $3 commission per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions, advanced trading tools.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

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

1. Demo Account

• Minimum Deposit Requirement: Virtual funds of $10,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment, practice strategies.
• 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 or Demo Account.
• Intermediate Traders: ECN Account.
• Advanced Traders: Pro Account.
• Muslim Traders: Islamic Account.

Part 2: manbo Account Features Comparison

Detailed manbo Account Features

The following features are compared across different manbo account types:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual $10,000

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.1 pips

• Pro: 0.5 pips

• Islamic: 1.5 pips

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Lot Size:

• Standard: 1.0 lot

• ECN: 0.1 lot

• Pro: 0.1 lot

• Islamic: 1.0 lot

• Available Trading Platforms:

• Standard: MT4

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Swap-Free Options:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo Account Features:

• Virtual balance of $10,000, same trading conditions as Standard Account.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• Suitable for beginners.

• ECN Account:

• Tight spreads.

• Fast execution.

• Ideal for scalping.

• Pro Account:

• Enhanced trading conditions.

• Lower commission fees.

• Suitable for high-volume traders.

• Islamic Account:

• Compliant with Sharia law.

• No interest charges.

• Available for all trading instruments.

• Demo Account:

• Risk-free environment.

• Practice trading strategies.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees apply.

• Pro Account:

• Higher minimum deposit.

• Commission fees apply.

• Islamic Account:

• Limited to swap-free trading.

• May have restrictions on certain trading strategies.

• Demo Account:

• Limited duration (expiry).

• No real profits can be made.

Part 3: manbo Account Opening Requirements

manbo Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but specific restrictions may apply.
• Prohibited Countries: Countries under international sanctions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport or national ID).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures:

• All accounts must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
• Verification of identity and address is mandatory.

Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: manbo Account Opening Process

Step-by-Step manbo Account Opening Guide

1. Visit Website and Click Registration: Navigate to the manbo website and select the registration option.
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 be completed by the manbo team.
7. Fund Your Account: Once verified, deposit funds into your account using the available payment methods.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences:

• The registration process is similar on both platforms, but mobile users may experience a more streamlined interface.

Common Registration Issues and Solutions:

• Issue: Document upload fails.
• 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:

• Users can request changes through their account dashboard or by contacting customer support.

Part 5: manbo Demo Account Information

manbo Demo Account Guide

Demo Account Features and Benefits:

• Provides a virtual trading environment with $10,000 in virtual funds.
• Allows traders to practice strategies without financial risk.

How to Open a Demo Account:

• Select the demo account option during the registration process and follow the prompts.

Demo Account Limitations:

• Limited duration; typically expires after 30 days of inactivity.

Virtual Balance Amount:

• Users receive a virtual balance of $10,000.

Demo vs Live Account Differences:

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

Duration/Expiry of Demo Accounts:

• Demo accounts generally expire after 30 days of inactivity.

Part 6: manbo Islamic Account Details

manbo Islamic Account Details

Swap-Free/Islamic Account Availability:

• manbo offers Islamic accounts that comply with Sharia law.

Eligibility Requirements:

• Must be a practicing Muslim.
• Must provide documentation confirming eligibility.

Differences from Standard Accounts:

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account:

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

Restrictions or Special Conditions:

• Islamic accounts may have specific trading conditions and restrictions on certain instruments.

FAQs – manbo Account Types & Opening

1. What account types does manbo offer？

• manbo 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: Virtual $10,000.

1. How long does manbo account verification take？

• Account verification typically takes 1-3 business days.

1. Does manbo offer demo accounts？

• Yes, manbo provides demo accounts with virtual funds for practice.

1. Can I have multiple account types with manbo？

• Yes, traders can open multiple account types as needed.

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

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

1. What documents do I need to open a manbo 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 change your account type through customer support.