Mebuki broker Accounts

mebuki Account Types Overview

mebuki Account Types Explained

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

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: Ideal for beginners, user-friendly interface, access to educational resources.
• Target User Profile: Beginner traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.1 pips with a commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, suitable for high-frequency trading.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Fixed spreads starting from 1 pip, commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions, priority customer support, advanced trading tools.
• Target User Profile: Professional traders.
• Trading Instruments Available: Forex, commodities, indices, and stocks.

4. Islamic Account

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

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Simulated trading conditions.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free environment, practice trading strategies, access to all trading instruments.
• Target User Profile: All levels, especially beginners.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: mebuki Account Features Comparison

Detailed mebuki Account Features

Minimum Deposit

• Standard Account: $100
• ECN Account: $500
• Pro Account: $1,000
• Islamic Account: $100
• Demo Account: N/A

Maximum Leverage

• Standard Account: Up to 1:500
• ECN Account: Up to 1:200
• Pro Account: Up to 1:300
• Islamic Account: Up to 1:500
• Demo Account: Up to 1:500

Spreads (Typical/Minimum)

• Standard Account: From 1.5 pips
• ECN Account: From 0.1 pips
• Pro Account: From 1 pip
• Islamic Account: Same as Standard
• Demo Account: Simulated conditions

Commission Fees

• Standard Account: None
• ECN Account: $5 per lot
• Pro Account: $3 per lot
• Islamic Account: None
• Demo Account: N/A

Lot Size

• Standard Account: Standard lots
• ECN Account: Micro, mini, and standard lots
• Pro Account: Standard lots
• Islamic Account: Standard lots
• Demo Account: Standard lots

Available Trading Platforms

• Standard Account: MT4, MT5
• ECN Account: MT4, MT5
• Pro Account: MT4, MT5
• Islamic Account: MT4, MT5
• Demo Account: MT4, MT5

Execution Type

• Standard Account: Market execution
• ECN Account: ECN execution
• Pro Account: Market execution
• Islamic Account: Market execution
• Demo Account: Market execution

Islamic Account Availability

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: N/A

Swap-Free Options

• Standard Account: Yes
• ECN Account: Yes
• Pro Account: Yes
• Islamic Account: Yes
• Demo Account: N/A

Demo Account Features

• Standard Account: N/A
• ECN Account: N/A
• Pro Account: N/A
• Islamic Account: N/A
• Demo Account: Virtual balance, access to all instruments.

Advantages of Each Account Type

• Standard Account:
• Low minimum deposit
• User-friendly for beginners
• Access to educational resources
• ECN Account:
• Tight spreads
• Direct market access
• Suitable for scalping
• Pro Account:
• Enhanced trading conditions
• Priority support
• Advanced tools available
• Islamic Account:
• Compliant with Sharia law
• No interest fees
• Available for all instruments
• Demo Account:
• Risk-free trading environment
• Practice strategies
• Access to all trading tools

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 specific trading conditions
• Demo Account:
• Virtual funds only
• Limited duration

Part 3: mebuki Account Opening Requirements

mebuki 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: Specific countries may be restricted based on regulatory compliance.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, national ID).
• Proof of Residence: Utility bill, bank statement, or government document showing your name and address.

Additional Documentation for Professional Accounts

• Professional Account Holders: May need to provide proof of trading experience or financial status.

KYC/AML Compliance Procedures

• Mebuki adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification before account activation.

Verification Time Frames

• Verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: mebuki Account Opening Process

Step-by-Step mebuki Account Opening Guide

1. Visit Website and Click Registration: Go to the Mebuki website and click on the registration button.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from Standard, ECN, Pro, Islamic, or Demo.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading platform.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to start trading.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure documents are clear and legible before uploading.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days after document submission.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type, providing any necessary documentation.

Part 5: mebuki Demo Account Information

mebuki Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment.
• Access to all trading instruments.
• Ability to practice trading strategies without financial risk.

How to Open a Demo Account

• Follow the same registration process as for a live account, selecting the Demo Account option.

Demo Account Limitations

• Limited to virtual funds; cannot withdraw or transfer funds.
• May have a time limit on usage.

Virtual Balance Amount

• Typically offers a virtual balance of $10,000 or similar for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.
• Live accounts incur real trading costs (spreads and commissions).

Duration/Expiry of Demo Accounts

• Demo accounts may expire after a set period, typically 30 days, but can often be renewed.

Part 6: mebuki Islamic Account Details

mebuki Islamic Account Details

Swap-Free/Islamic Account Availability

• Mebuki offers Islamic accounts that comply with Sharia law, ensuring no interest fees are charged.

Eligibility Requirements

• Must be a Muslim trader seeking a compliant trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, while standard accounts may have overnight financing costs.

How to Apply for Islamic Account

• Select the Islamic Account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

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

FAQs – mebuki Account Types & Opening

1. What account types does mebuki offer？

• Mebuki 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: N/A.

1. How long does mebuki account verification take？

• Verification typically takes 1-3 business days.

1. Does mebuki offer demo accounts？

• Yes, Mebuki offers demo accounts for practice trading.

1. Can I have multiple account types with mebuki？

• Yes, traders can hold multiple account types.

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

• Yes, Mebuki provides Islamic accounts compliant with Sharia law.

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

• A government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.