| Account Type | Minimum Deposit | Spread Type | Leverage | Target User Profile |
|---|---|---|---|---|
| Standard | $100 | Variable | 1:500 | Beginner |
| ECN | $500 | Raw | 1:200 | Advanced |
| Pro | $1,000 | Fixed | 1:300 | Institutional |
| Islamic | $100 | Variable | 1:500 | Muslim |
| Demo | N/A | Same as Standard | Same as Standard | All levels |
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to various trading instruments
ECN Account:
Tight spreads
Direct market access
Ideal for scalpers and high-frequency traders
Pro Account:
Advanced trading tools
Fixed spreads
Suitable for institutional clients
Islamic Account:
Compliant with Islamic finance
No swap fees
Flexible trading options
Demo Account:
Risk-free trading environment
Practice strategies without financial risk
Access to full trading features
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees can add up
Pro Account:
High minimum deposit
May not be suitable for casual traders
Islamic Account:
Limited to Islamic finance principles
May have fewer features than standard accounts
Demo Account:
No real monetary gains
Limited duration
Demo Account Features and Benefits:
Access to full trading features without financial risk.
Ideal for testing strategies and familiarizing with the platform.
How to Open a Demo Account:
Select the demo account option on the registration page and follow the prompts.
Demo Account Limitations:
Limited duration (usually 30 days) and virtual funds.
Virtual Balance Amount:
Typically $100,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money trading.
Duration/Expiry of Demo Accounts:
Usually 30 days, with the possibility of extension.
Swap-Free/Islamic Account Availability:
Yes, available for all account types.
Eligibility Requirements:
Must adhere to Islamic finance principles.
Differences from Standard Accounts:
No swap fees; otherwise similar features.
How to Apply for Islamic Account:
Select the Islamic account option during registration.
Restrictions or Special Conditions:
Must comply with Islamic finance regulations.
Explore broker markets account types: forex/trading accounts with demo access.