Marquette Partners offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of the available account types:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $500 | Variable spreads, commissions apply | Up to 1:100 | Basic features, suitable for beginners | Beginners | Forex, commodities, indices |
| ECN | $1,000 | Tight spreads, commission per trade | Up to 1:200 | Direct market access, low latency | Advanced traders | Forex, commodities, indices |
| Pro | $5,000 | Low spreads, lower commission rates | Up to 1:500 | Advanced trading tools, dedicated support | Professional traders | Forex, commodities, indices, cryptocurrencies |
| Islamic | $1,000 | Variable spreads, no swap fees | Up to 1:200 | 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 |
When comparing the features across different account types, the following aspects are important:
| Feature | Standard | ECN | Pro | Islamic | Demo |
|---|---|---|---|---|---|
| Minimum Deposit | $500 | $1,000 | $5,000 | $1,000 | N/A |
| Maximum Leverage | 1:100 | 1:200 | 1:500 | 1:200 | N/A |
| Spreads (Typical/Minimum) | Variable | Tight | Low | Variable | N/A |
| Commission Fees | Yes | Yes | Lower | No | N/A |
| Lot Size | Standard | Micro/Standard | Standard | Standard | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | Proprietary | 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 | Virtual balance for practice |
Standard Account
ECN Account
Pro Account
Islamic Account
Demo Account
To open an account with Marquette Partners, prospective clients must meet the following eligibility criteria:
Marquette Partners adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to provide necessary documentation for identity verification.
The account verification process typically takes 1-3 business days, depending on the completeness of the submitted documents.
The registration process is similar on both desktop and mobile platforms, though the mobile interface may have slight variations in layout.
Issue: Document upload failure.
Solution: Ensure documents are in the correct format and within size limits.
Issue: Verification delays.
Solution: Contact customer support for updates on the verification status.
Typically, account approval takes between 1-3 business days, depending on the accuracy and completeness of the submitted documentation.
Clients can request to upgrade or downgrade their account types by contacting customer support and providing the necessary documentation for the new account type.
The demo account offered by Marquette Partners provides a risk-free environment for traders to practice their skills.
Demo Account Features and Benefits:
Access to real-time market data
Ability to practice trading strategies without financial risk
Virtual balance for trading
How to Open a Demo Account:
Visit the Marquette Partners website and select the demo account option.
Complete the registration form to create your demo account.
Demo Account Limitations:
Limited to virtual funds
No access to real market conditions
Virtual Balance Amount: Typically provided with a virtual balance of $10,000, though this may vary.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Live accounts may have different spreads and execution speeds.
Duration/Expiry of Demo Accounts: Demo accounts usually remain active for a specified period, often 30 days, unless extended by the broker.
Marquette Partners offers an Islamic account that complies with Sharia law.
Explore broker markets account types: forex/trading accounts with demo access.