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

Part 1: meta trades Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.2 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading features suitable for beginners, access to all trading instruments.
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0 pips + commission of $3.5 per side
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, ideal for high-frequency trading.
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, indices.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads with lower commission fees
• Leverage Options: Up to 1:400
• Key Features: Enhanced trading conditions, priority customer support.
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, and CFDs.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account but without swap fees
• Leverage Options: Up to 1:500
• Key Features: Complies with Sharia law, no interest fees.
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Same as Standard Account
• Key Features: Practice trading without risk, full access to trading features.
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginner: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Testing Strategies: Demo Account

Part 2: Detailed meta trades Account Features

Features Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:500

• ECN: Up to 1:200

• Pro: Up to 1:400

• Islamic: Up to 1:500

• Spreads:

• Standard: Variable from 1.2 pips

• ECN: Raw spreads from 0 pips

• Pro: Competitive spreads

• Islamic: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $3.5 per side

• Pro: Lower fees

• Islamic: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, 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: Yes for Islamic Account only.

• Swap-Free Options: Available for Islamic Account.

• Demo Account Features: Full access to trading features with virtual funds.

Advantages and Disadvantages of Each Account Type

Standard Account:

• Advantages:
• Low minimum deposit
• No commission fees
• Suitable for beginners
• Disadvantages:
• Higher spreads compared to ECN
• Limited advanced features

ECN Account:

• Advantages:
• Raw spreads
• Direct market access
• Ideal for high-frequency trading
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account:

• Advantages:
• Competitive trading conditions
• Priority support
• Suitable for professionals
• Disadvantages:
• High minimum deposit
• May not be suitable for beginners

Islamic Account:

• Advantages:
• Complies with Sharia law
• No swap fees
• Same features as Standard Account
• Disadvantages:
• Limited to Muslim traders

Demo Account:

• Advantages:
• Risk-free trading
• Full access to features
• Ideal for practice
• Disadvantages:
• No real profits
• Limited duration

Part 3: meta trades Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; specific restrictions may apply.
• Prohibited Countries: Not available for residents of the USA, Canada, and certain other countries.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, drivers license).
• Proof of Residence: Utility bill or bank statement with your name and address.

Additional Documentation for Professional Accounts

• Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• All clients must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Verification Time Frames

• Account verification typically takes 1-3 business days.

Part 4: Step-by-Step meta trades Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the official meta trades website and click on the "Open Account" button.
2. Personal Information Entry: Fill out the registration form with your personal details (name, email, phone number).
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify your trading preferences, including leverage and account currency.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the broker to verify your documents (1-3 business days).
7. Fund Your Account: Once verified, deposit funds into your trading account.
8. Start Trading: Download the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile registration may have fewer options for document uploads.

Common Registration Issues and Solutions

• Issue: Document upload failure.

  Solution: Ensure documents are clear and in the correct format (JPEG, PDF).

• Issue: Account verification delays.

  Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically 1-3 business days for standard accounts.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account management section to request an upgrade or downgrade.

Part 5: meta trades Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Access to all trading features available in live accounts.

How to Open a Demo Account

• Follow the same registration steps as for a live account but select "Demo Account" during the account type selection.

Demo Account Limitations

• Limited duration (usually 30 days) and no real profits.

Virtual Balance Amount

• Typically starts with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds; live accounts involve real money.

Duration/Expiry of Demo Accounts

• Demo accounts may expire after 30 days of inactivity.

Part 6: meta trades Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, Islamic accounts are available.

Eligibility Requirements

• Must be a practicing Muslim.

Differences from Standard Accounts

• No swap fees applied.

How to Apply for Islamic Account

• Select "Islamic Account" during the registration process.

Restrictions or Special Conditions

• Must comply with Sharia law.

FAQs – meta trades Account Types & Opening

1. What account types does meta trades offer？

• 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 trades account verification take？

• Typically 1-3 business days.

1. Does meta trades offer demo accounts？

• Yes, demo accounts are available for practice trading.

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

• Yes, you can open multiple account types.

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

• Yes, Islamic accounts are available.

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

• Proof of identity and proof of residence.

1. Can I change my account type after registration？

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