mark e offers a variety of account types tailored to different trading needs and preferences. Below is a detailed overview of each account type available:
| Account Type | Minimum Deposit | Spread (pips) | Commission | Leverage | Target User |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 | None | Up to 1:500 | Beginners |
| ECN | $500 | From 0.0 | $3/lot | Up to 1:200 | Advanced |
| Pro | $1,000 | From 0.5 | $2/lot | Up to 1:400 | Professionals |
| Islamic | $500 | Similar to Standard | None | Up to 1:200 | Muslim Traders |
| Demo | N/A | Same as Standard | N/A | Up to 1:500 | Beginners |
When comparing the features of mark e accounts, the following aspects are critical:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:400
Islamic: 1:200
Demo: 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $3 per lot
Pro: $2 per lot
Islamic: None
Demo: N/A
Lot Size:
Standard: Micro, Mini, Standard
ECN: Standard
Pro: Standard
Islamic: Standard
Demo: Micro, Mini, Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: No
ECN: No
Pro: No
Islamic: Yes
Demo: No
Swap-Free Options:
Standard: No
ECN: No
Pro: No
Islamic: Yes
Demo: No
Demo Account Features:
Virtual funds for practice, access to all trading instruments.
Standard Account:
Low minimum deposit.
User-friendly interface.
Access to a wide range of instruments.
ECN Account:
Tight spreads for cost-effective trading.
Direct market access.
Ideal for high-frequency trading.
Pro Account:
Advanced trading tools.
Lower commission fees for high-volume traders.
Priority support.
Islamic Account:
Complies with Sharia law.
No interest charges.
Suitable for Muslim traders.
Demo Account:
Risk-free trading environment.
Practice strategies without financial risk.
Access to all trading instruments.
Standard Account:
Higher spreads compared to ECN.
ECN Account:
Requires a higher minimum deposit.
Commission fees may add up for frequent traders.
Pro Account:
Higher minimum deposit.
Not suitable for beginners.
Islamic Account:
Limited availability compared to other accounts.
Demo Account:
Virtual funds do not reflect real market conditions.
Limited duration for practice.
To open a mark e account, the following eligibility criteria must be met:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available in most countries; however, specific countries may be restricted.
Prohibited Countries: Countries under international sanctions or restrictions may not be eligible.
Identity Verification Documents Needed:
Government-issued ID (passport or driver's license).
Social Security Number (for U.S. residents).
Proof of Residence Requirements:
Utility bill or bank statement showing your name and address.
Additional Documentation for Professional Accounts:
Proof of trading experience or qualifications may be required for Pro accounts.
mark e adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address during the registration process.
Account verification typically takes between 1 to 3 business days, depending on the completeness of the submitted documents.
To register for a mark e account, follow these steps:
The registration process is similar on both desktop and mobile platforms, although the mobile interface may have a simplified layout for ease of use.
Issue: Document upload fails.
Solution: Ensure documents are in the correct format and within size limits.
Issue: Verification delays.
Solution: Contact customer support for assistance.
The average account approval time is between 1 to 3 business days, depending on the completeness of the application.
To change your account type, contact mark e customer support for guidance on the process and any additional requirements.
The demo account offered by mark e provides traders with a risk-free environment to practice their trading strategies.
Demo Account Features and Benefits:
Access to all trading instruments.
Virtual funds to simulate real trading conditions.
No financial risk involved.
How to Open a Demo Account:
Visit the mark e website and select the demo account option.
Fill in the registration form with your details.
Receive access to the demo account via email.
Demo Account Limitations:
Limited duration; typically expires after 30 days.
Virtual balance may not be replenished after depletion.
Virtual Balance Amount:
Usually set at $10,000 or more in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Market conditions may differ slightly due to liquidity and execution speed.
Duration/Expiry of Demo Accounts:
Demo accounts typically last for 30 days but may be extended upon request.
mark e offers Islamic accounts that comply with Sharia law, ensuring no interest is charged.
Explore broker markets account types: forex/trading accounts with demo access.