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

Part 1: markets global Account Types Overview

markets global Account Types Explained

1. Standard Account

• Minimum Deposit Requirement: $50
• Spread/Commission Structure: Spreads from 1.5 pips, $0 commissions per lot
• Leverage Options: Up to 1:500
• Key Features: Personal account assistant, USD in base currency available
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, CFDs, commodities

2. ECN Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.0 pips, $3.5 commissions per lot
• Leverage Options: Up to 1:500
• Key Features: Direct market access, low latency execution
• Target User Profile: Advanced traders and scalpers
• Trading Instruments Available: Forex, indices, commodities

3. Pro Account

• Minimum Deposit Requirement: $10,000
• Spread/Commission Structure: Spreads from 0.0 pips, $8 commissions per lot
• Leverage Options: Up to 1:500
• Key Features: Dedicated account manager, tailored trading solutions
• Target User Profile: Professional and institutional traders
• Trading Instruments Available: Forex, indices, commodities, cryptocurrencies

4. Islamic Account

• Minimum Deposit Requirement: $50
• Spread/Commission Structure: Similar to Standard account, but without swap fees
• Leverage Options: Up to 1:500
• Key Features: Compliant with Sharia law, swap-free trading
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, CFDs, commodities

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard account
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds, access to all trading platforms
• Target User Profile: Beginners testing strategies
• Trading Instruments Available: Forex, CFDs, commodities

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice Traders: Demo Account

Part 2: markets global Account Features Comparison

Detailed markets global Account Features

• Minimum Deposit:

• Standard: $50

• ECN: $1,000

• Pro: $10,000

• Islamic: $50

• Demo: N/A

• Maximum Leverage:

• All accounts offer leverage up to 1:500.

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.0 pips

• Pro: 0.0 pips

• Islamic: 1.5 pips

• Demo: Similar to Standard

• Commission Fees:

• Standard: $0

• ECN: $3.5 per lot

• Pro: $8 per lot

• Islamic: $0

• Demo: $0

• Lot Size (Micro/Mini/Standard):

• All accounts support micro lot trading (0.01 lots).

• Available Trading Platforms:

• MetaTrader 4 (MT4)

• MetaTrader 5 (MT5)

• Proprietary platforms (if available)

• Execution Type:

• Standard: Market execution

• ECN: Direct market execution

• Pro: Market execution

• Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Access to all trading instruments and platforms with virtual funds.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commissions

• Personal account assistant

• ECN Account:

• Tight spreads

• Direct market access

• Suitable for scalping

• Pro Account:

• Tailored solutions

• Dedicated support

• High liquidity

• Islamic Account:

• Compliant with Sharia law

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading

• Practice strategies

• Access to all features

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited features for advanced traders

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• Very high minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited to specific trading strategies

• May have fewer features than Standard accounts

• Demo Account:

• Virtual funds only

• Limited to practice, not real trading

Part 3: markets global Account Opening Requirements

markets global Account Registration Requirements

• Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.

• Geographic Restrictions: Varies by broker; check specific terms.

• Prohibited Countries: Countries under sanctions or restrictions may be prohibited.

• Identity Verification Documents Needed:

• Government-issued ID (passport or driver's license)

• 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:

• Complete identity verification to comply with regulations.

• Verification Time Frames:

• Typically 1-3 business days, depending on the broker's processes.

Part 4: markets global Account Opening Process

Step-by-Step markets global Account Opening Guide

1. Visit Website and Click Registration: Navigate to the broker's website and select the account registration option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on trading needs.
4. Set Trading Preferences: Indicate trading preferences and risk tolerance.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the broker to verify your documents.
7. Fund Your Account: Deposit funds using the available payment methods.
8. Start Trading: Access the trading platform and begin trading.

• Desktop vs Mobile Registration Differences:

• Mobile registration may have a simplified process but generally follows the same steps.

• Common Registration Issues and Solutions:

• Issues with document verification can often be resolved by providing clearer images or additional documentation.

• Average Account Approval Time:

• Typically between 1-3 business days.

• How to Upgrade/Downgrade Account Types:

• Contact customer support to request changes to your account type.

Part 5: markets global Demo Account Information

markets global Demo Account Guide

• Demo Account Features and Benefits:

• Practice trading without financial risk.

• Access to all trading instruments and platforms.

• How to Open a Demo Account:

• Visit the broker's website and select the demo account option.

• Demo Account Limitations:

• Limited to virtual funds; cannot be used for real trading.

• Virtual Balance Amount:

• Typically provided with a set amount (e.g., $10,000 virtual funds).

• 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 (e.g., 30 days) or remain active until the user decides to close them.

Part 6: markets global Islamic Account Details

markets global Islamic Account Details

• Swap-Free/Islamic Account Availability:

• Available for Standard and Islamic accounts.

• Eligibility Requirements:

• Must be a practicing Muslim adhering to Sharia law.

• Differences from Standard Accounts:

• No swap fees applied for overnight positions.

• How to Apply for Islamic Account:

• Indicate the request for an Islamic account during the registration process.

• Restrictions or Special Conditions:

• Must comply with Islamic trading principles.

FAQs – markets global Account Types & Opening

1. What account types does markets global offer？

• markets global offers Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $50, ECN: $1,000, Pro: $10,000, Islamic: $50, Demo: N/A.

1. How long does markets global account verification take？

• Verification typically takes 1-3 business days.

1. Does markets global offer demo accounts？

• Yes, markets global provides demo accounts for practice trading.

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

• Yes, traders can hold multiple account types.

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

• Yes, Islamic accounts are available.

1. What documents do I need to open a markets global account？

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can request changes through customer support.