POE Market broker Accounts

poe market Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: poe market Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Basic trading tools, access to all trading instruments
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads (from 0.0 pips) with a commission of $5 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution speeds
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, indices

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips with a lower commission
• Leverage Options: Up to 1:400
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Swap-free trading
• Target User Profile: Traders requiring Sharia-compliant accounts
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard Account
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds, access to all trading instruments
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: Detailed poe market Account Features

Feature Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.5 pips

• Islamic: Similar to Standard

• Demo: Similar to Standard

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: Lower commission

• Islamic: None

• Demo: 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: Instant

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual funds for practice

• Access to all trading instruments

• No risk involved

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• Suitable for beginners

• Access to all instruments

• ECN Account:

• Low spreads

• Direct market access

• Ideal for scalping

• Pro Account:

• Advanced trading tools

• Lower commission structure

• Priority support

• Islamic Account:

• Compliance with Sharia law

• Swap-free trading

• Low minimum deposit

• Demo Account:

• Risk-free environment

• Practice trading strategies

• Familiarize with trading platforms

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:

• High minimum deposit

• Not suitable for beginners

• Islamic Account:

• Limited to specific trading instruments

• May have restrictions on certain trades

• Demo Account:

• No real profits

• Limited to virtual funds

Part 3: poe market Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old
• Geographic Restrictions: Varies by country; check local regulations
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance
• Identity Verification Documents Needed:
• Government-issued ID (passport, driver's license)
• Proof of identity (utility bill, bank statement)
• Proof of Residence Requirements: Recent utility bill or bank statement showing your name and address
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience

KYC/AML Compliance Procedures

• Complete identity verification
• Submit required documents
• Compliance with anti-money laundering regulations

Verification Time Frames

• Typically takes 1-3 business days, depending on the volume of applications and document completeness.

Part 4: Step-by-Step poe market Account Opening Guide

Registration Process

1. Visit Website and Click Registration: Go to the official poe market website.
2. Personal Information Entry: Fill out your personal details including name, email, and phone number.
3. Choose Account Type: Select the account type you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify your trading preferences such as leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence 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 account and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but the mobile version may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document upload failure
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Generally, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

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

Part 5: poe market Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk
• Access to all trading instruments
• Familiarize with trading platforms and tools

How to Open a Demo Account

• Select the demo account option during the registration process on the website.

Demo Account Limitations

• Virtual funds only
• No real profits can be made

Virtual Balance Amount

• Typically offers a virtual balance of $100,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days, but this may vary by broker.

Part 6: poe market Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, the Islamic account is available for traders seeking Sharia-compliant options.

Eligibility Requirements

• Must meet the standard account opening requirements.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must adhere to Sharia law in trading practices.

FAQs – poe market Account Types & Opening

1. What account types does poe market 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 poe market account verification take？

• Typically 1-3 business days.

1. Does poe market offer demo accounts？

• Yes, a demo account is available for practice.

1. Can I have multiple account types with poe market？

• Yes, you can open multiple account types.

1. Does poe market offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

• Government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through account settings.