| Account Type | Minimum Deposit | Spread | Commission | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $100 | From 1.0 pips | None | Up to 1:500 | Beginners |
| ECN | $500 | From 0.0 pips | $2 per side | Up to 1:200 | Experienced Traders |
| Pro | $1,000 | From 0.5 pips | $3 per side | Up to 1:300 | Professional Traders |
| Islamic | $100 | Similar to Standard | None (swap-free) | Up to 1:500 | Muslim Traders |
| Demo | Virtual funds | Same as Standard | None | Same as Standard | Beginners & Testers |
Minimum Deposit:
Standard: $100
ECN: $500
Pro: $1,000
Islamic: $100
Demo: Virtual funds
Maximum Leverage:
Standard: Up to 1:500
ECN: Up to 1:200
Pro: Up to 1:300
Islamic: Up to 1:500
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: From 0.0 pips
Pro: From 0.5 pips
Islamic: Similar to Standard
Commission Fees:
Standard: None
ECN: $2 per side
Pro: $3 per side
Islamic: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Micro, Mini, Standard
Pro: Micro, Mini, Standard
Islamic: Micro, Mini, Standard
Available Trading Platforms:
All accounts: MT4, MT5, Proprietary platform
Execution Type:
Standard: Market
ECN: ECN
Pro: Market
Islamic: Market
Islamic Account Availability: Yes, for Standard and Islamic accounts
Swap-Free Options: Available for Islamic accounts
Demo Account Features:
Virtual balance, access to all instruments, same trading conditions as live accounts
Standard Account:
Low minimum deposit
User-friendly for beginners
Access to all trading instruments
ECN Account:
Tight spreads
Direct market access
Ideal for scalping
Pro Account:
Advanced trading tools
Priority support
Competitive spreads
Islamic Account:
Compliant with Sharia law
No swap fees
Accessible to Muslim traders
Demo Account:
Risk-free trading
Practice strategies
No financial commitment
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees may add to trading costs
Pro Account:
High minimum deposit
More complex for beginners
Islamic Account:
Limited availability for non-Muslim traders
May have fewer features than Pro accounts
Demo Account:
Virtual funds only
Limited time for practice
Eligibility Criteria:
Age Requirements: Minimum age of 18
Geographic Restrictions: Available in most countries, specific restrictions may apply
Prohibited Countries: Countries under international sanctions
Identity Verification Documents Needed:
Government-issued ID (passport or national ID)
Proof of residence (utility bill or bank statement)
Proof of Residence Requirements:
Document must be recent (not older than 3 months)
Additional Documentation for Professional Accounts:
Financial statements or proof of trading experience may be required
KYC/AML Compliance Procedures:
Verification of identity and address to comply with regulations
Verification Time Frames:
Typically 1-3 business days, depending on the completeness of submitted documents
Issue: Document upload failure
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 trading environment
Ability to practice strategies without financial commitment
How to Open a Demo Account:
Select the demo account option during the registration process.
Demo Account Limitations:
Limited to virtual funds only; cannot withdraw or transfer funds.
Virtual Balance Amount:
Typically $100,000 in virtual funds.
Demo vs Live Account Differences:
Demo accounts use virtual funds; live accounts involve real money.
Duration/Expiry of Demo Accounts:
Demo accounts may remain active for a limited time, usually 30 days.
Swap-Free/Islamic Account Availability:
Yes, available for Standard and Islamic accounts.
Eligibility Requirements:
Must be a Muslim trader seeking compliance with Sharia law.
Differences from Standard Accounts:
No swap fees charged on overnight positions.
How to Apply for Islamic Account:
Select the Islamic account option during registration.
Restrictions or Special Conditions:
Must comply with Islamic finance principles.
Explore broker markets account types: forex/trading accounts with demo access.