Meta Million broker Accounts

meta million Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: meta million Account Types Overview

meta million Account Types Explained

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

Recommended Account Types by Trader Level

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

Part 2: meta million Account Features Comparison

Detailed meta million Account Features

When comparing the features across different account types, the following aspects are crucial:

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly interface
• Access to a wide range of instruments
• Disadvantages:
• Higher spreads compared to ECN and Pro accounts
• Limited advanced trading tools

ECN Account

• Advantages:
• Low spreads
• Direct market access
• Faster execution speeds
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Tight spreads and lower commission
• Advanced trading tools
• Priority customer support
• Disadvantages:
• High minimum deposit
• More suited for experienced traders

Islamic Account

• Advantages:
• Complies with Sharia law
• No swap fees
• Disadvantages:
• Limited to specific trading instruments

Demo Account

• Advantages:
• Risk-free environment for practice
• Access to all instruments
• Disadvantages:
• No real trading experience
• Limited duration (typically 30 days)

Part 3: meta million Account Opening Requirements

meta million Account Registration Requirements

To open a meta million account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Some countries may be restricted; check the website for specific details.
• Prohibited Countries: Countries under sanctions or with strict trading regulations may be prohibited.
• Identity Verification Documents Needed:
• Government-issued ID (passport or driver's license)
• Proof of residence (utility bill or bank statement)
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial statements.

KYC/AML Compliance Procedures

• All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which include identity verification and source of funds.

Verification Time Frames

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

Part 4: meta million Account Opening Process

Step-by-Step meta million Account Opening Guide

1. Visit Website and Click Registration: Go to the official meta million website and click on the registration button.
2. Personal Information Entry: Fill out the registration form with personal details such as name, email, and phone number.
3. Choose Account Type: Select the preferred account type (Standard, ECN, Pro, Islamic, Demo).
4. Set Trading Preferences: Indicate trading preferences and risk tolerance.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Once verified, fund your account using available payment methods.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the required specifications.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Account type changes can be requested through customer support, with specific requirements depending on the new account type.

Part 5: meta million Demo Account Information

meta million Demo Account Guide

Demo Account Features and Benefits

• The demo account allows users to practice trading without financial risk, using virtual funds.

How to Open a Demo Account

• Follow the same registration process as for live accounts, selecting the demo account option.

Demo Account Limitations

• The demo account may have a limited duration (typically 30 days) and may not provide access to all features available in live accounts.

Virtual Balance Amount

• Users typically receive a virtual balance of $10,000 to practice trading.

Demo vs Live Account Differences

• Demo accounts use virtual funds and do not involve real trading, while live accounts involve actual financial transactions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but users may be able to request an extension.

Part 6: meta million Islamic Account Details

meta million Islamic Account Details

Swap-free/Islamic Account Availability

• Meta million offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.

Eligibility Requirements

• Must be a Muslim trader and provide documentation to verify eligibility.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different trading conditions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limited leverage options.

FAQs – meta million Account Types & Opening

1. What account types does meta million offer？

• Meta million 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 meta million account verification take？

• Verification typically takes 1-3 business days.

1. Does meta million offer demo accounts？

• Yes, meta million provides demo accounts for practice trading.

1. Can I have multiple account types with meta million？

• Yes, traders can have multiple account types.

1. Does meta million offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

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

1. Can I change my account type after registration？

• Yes, account type changes can be requested through customer support.