Business
License
| Account Type | Minimum Deposit | Spread (Typical) | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | None | 1:500 | Beginners |
| ECN | $500 | From 0.1 pips | $5/lot | 1:200 | Advanced Traders |
| Pro | $1,000 | From 0.5 pips | $3/lot | 1:300 | Professional Traders |
| Islamic | $500 | Similar to Standard | None | 1:200 | Muslim Traders |
| Demo | N/A | Same as Standard | None | 1:500 | Beginners |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $500
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:300
Islamic: 1:200
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.0 pips
ECN: 0.1 pips
Pro: 0.5 pips
Islamic: Similar to Standard
Demo: Same as Standard
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Demo: None
Lot Size:
Standard: Micro
ECN: Mini/Standard
Pro: Mini/Standard
Islamic: Mini/Standard
Demo: Micro
Available Trading Platforms:
Standard: MT4
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4
Demo: MT4
Execution Type:
Standard: Market
ECN: ECN
Pro: Instant
Islamic: Market
Demo: Market
Islamic Account Availability: Yes for Islamic Account
Swap-Free Options: Yes for Islamic Account
Demo Account Features: Available for all users
Standard Account:
Low minimum deposit
User-friendly interface
Access to basic trading tools
Suitable for beginners
ECN Account:
Low spreads
Direct market access
Fast execution speeds
Ideal for scalpers
Pro Account:
Advanced trading tools
Priority support
Competitive spreads
Suitable for professionals
Islamic Account:
No overnight interest
Complies with Sharia law
Flexible trading options
Suitable for Muslim traders
Demo Account:
Risk-free trading
Practice with virtual funds
Access to all trading instruments
Ideal for testing strategies
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees apply
Pro Account:
High minimum deposit
Not suitable for beginners
Islamic Account:
Limited availability
May have higher spreads
Demo Account:
No real profit
Limited duration
Eligibility Criteria:
Age Requirements: Must be at least 18 years old
Geographic Restrictions: Available to residents of most countries
Prohibited Countries: Specific countries may be restricted based on regulatory compliance
Identity Verification Documents Needed: Government-issued ID (passport or national ID)
Proof of Residence Requirements: Utility bill or bank statement with current address
Additional Documentation for Professional Accounts: Proof of trading experience or financial status may be required
KYC/AML Compliance Procedures:
All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Verification Time Frames:
Account verification typically takes 1-3 business days.
Demo Account Features and Benefits:
Practice trading without financial risk
Access to all trading instruments and features
Ideal for beginners to learn trading strategies
How to Open a Demo Account: Registration can be done through the miyazaki website, typically requiring basic personal information.
Demo Account Limitations: Limited duration (usually 30-90 days) and no real profits can be made.
Virtual Balance Amount: Typically provided with a virtual balance of $10,000 or more.
Demo vs Live Account Differences: Demo accounts use virtual funds, while live accounts involve real money and trading risks.
Duration/Expiry of Demo Accounts: Demo accounts usually expire after a set period unless extended by the broker.
Explore broker markets account types: forex/trading accounts with demo access.