Polenergia offers several account types tailored to different trading needs and levels of experience. Below are the available account types:
| Account Type | Minimum Deposit | Spread (Starting) | Commission | Leverage | Key Features |
|---|---|---|---|---|---|
| Standard | $100 | 1.5 pips | None | 1:500 | Beginner-friendly |
| ECN | $500 | 0.1 pips | $5/lot | 1:200 | Direct market access |
| Pro | $1,000 | 0.5 pips | $3/lot | 1:100 | Advanced tools and support |
| Islamic | $100 | 1.5 pips | None | 1:500 | Swap-free, Sharia-compliant |
| Demo | N/A | Similar to Std | N/A | 1:500 | Risk-free practice environment |
When comparing the features of polenergia account types, consider the following aspects:
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: N/A
Maximum Leverage:
Standard: 1:500
ECN: 1:200
Pro: 1:100
Islamic: 1:500
Demo: 1:500
Spreads (Typical/Minimum):
Standard: 1.5 pips
ECN: 0.1 pips
Pro: 0.5 pips
Islamic: 1.5 pips
Demo: Similar to Standard
Commission Fees:
Standard: None
ECN: $5 per lot
Pro: $3 per lot
Islamic: None
Demo: N/A
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:
All account types support MT4 and MT5.
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Demo: Market
Islamic Account Availability:
Available for Standard and Islamic accounts.
Swap-Free Options:
Available for Islamic accounts.
Demo Account Features:
Virtual balance for practice trading.
Standard Account:
Low minimum deposit.
No commission fees.
Suitable for beginners.
ECN Account:
Tight spreads.
Direct market access.
Ideal for scalping.
Pro Account:
Advanced trading tools.
Priority support.
Lower commission rates.
Islamic Account:
Complies with Sharia law.
No swap fees.
Suitable for Muslim traders.
Demo Account:
Risk-free trading.
Practice with virtual funds.
Access to all trading instruments.
Standard Account:
Higher spreads compared to ECN.
ECN Account:
Higher minimum deposit.
Commission fees apply.
Pro Account:
High minimum deposit.
Limited leverage.
Islamic Account:
Limited availability of features compared to other accounts.
Demo Account:
Limited duration; may expire.
No real profits.
To open a polenergia account, the following eligibility criteria must be met:
Issue: Document upload fails.
Solution: Ensure documents are clear and in the correct format.
Issue: Verification delays.
Solution: Contact customer support for assistance.
Demo Account Features and Benefits:
Access to all trading instruments.
Risk-free environment to practice trading strategies.
How to Open a Demo Account:
Select the demo account option during the registration process.
Demo Account Limitations:
Limited duration; may expire after a set period.
Virtual Balance Amount:
Typically provides a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts use real money.
Duration/Expiry of Demo Accounts:
Demo accounts usually last for 30 days but may vary based on the broker's policy.
Swap-Free/Islamic Account Availability:
Islamic accounts are available for Standard and Islamic account types.
Eligibility Requirements:
Must be a Muslim trader adhering to Sharia law.
Differences from Standard Accounts:
No swap fees; otherwise similar features.
How to Apply for Islamic Account:
Select the Islamic account option during registration or contact support.
Restrictions or Special Conditions:
Must comply with Sharia law; no interest-based transactions.
Explore broker markets account types: forex/trading accounts with demo access.