Pro Market broker Accounts

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

Part 1: pro market Account Types Overview

pro market Account Types Explained

When considering trading with pro market, understanding the various account types is crucial for aligning your trading strategy with the right features. Below are the primary account types available:

1. Standard Account

• Minimum Deposit Requirement: Varies by broker, typically around $100.
• Spread/Commission Structure: Zero-commission trading with floating spreads.
• Leverage Options: Up to 1:1000.
• Key Features: Suitable for all traders, fast execution, and access to a wide range of instruments.
• Target User Profile: Beginners to intermediate traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

• Minimum Deposit Requirement: Generally $200.
• Spread/Commission Structure: Raw spreads with a small commission per trade.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, and faster execution.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and indices.

3. Pro Account

• Minimum Deposit Requirement: Usually $500 or more.
• Spread/Commission Structure: Ultra-low spreads with minimal commission.
• Leverage Options: Up to 1:500.
• Key Features: Institutional-grade trading conditions, deeper liquidity, and premium execution.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, and indices.

4. Islamic Account

• Minimum Deposit Requirement: Typically the same as standard accounts.
• Spread/Commission Structure: Similar to standard accounts but swap-free.
• Leverage Options: Up to 1:500.
• Key Features: Designed for Muslim traders adhering to Sharia law.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Simulated trading conditions.
• Leverage Options: Typically the same as live accounts.
• Key Features: Practice trading without financial risk.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Same as live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: pro market Account Features Comparison

Detailed pro market Account Features

When comparing the features of different pro market account types, consider the following:

• Minimum Deposit:

• Standard: $100

• ECN: $200

• Pro: $500

• Islamic: Same as Standard

• Demo: N/A

• Maximum Leverage:

• Standard: Up to 1:1000

• ECN: Up to 1:200

• Pro: Up to 1:500

• Islamic: Up to 1:500

• Demo: Typically the same as live accounts

• Spreads (Typical/Minimum):

• Standard: Floating spreads

• ECN: Raw spreads

• Pro: Ultra-low spreads

• Islamic: Floating spreads

• Demo: Simulated spreads

• Commission Fees:

• Standard: None

• ECN: Small commission per trade

• Pro: Minimal commission

• Islamic: None

• Demo: N/A

• Lot Size (Micro/Mini/Standard):

• Standard: Micro-lots available

• ECN: Micro-lots available

• Pro: Standard lots

• Islamic: Micro-lots available

• Demo: Micro-lots available

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market execution

• ECN: ECN execution

• Pro: Market execution

• Islamic: Market execution

• Demo: Simulated execution

• Islamic Account Availability: Yes for Islamic accounts.

• Swap-Free Options: Available for Islamic accounts.

• Demo Account Features: Virtual trading with no financial risk.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• Suitable for all trading styles

• Access to a wide range of instruments

• ECN Account:

• Direct market access

• Lower trading costs

• Ideal for scalpers

• Faster execution

• Pro Account:

• Institutional-grade conditions

• Ultra-low spreads

• Suitable for high-volume trading

• Access to deeper liquidity

• Islamic Account:

• Complies with Sharia law

• Swap-free trading

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading experience

• Ideal for practice and strategy testing

• Access to the same features as live accounts

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN and Pro accounts

• Limited features for advanced traders

• ECN Account:

• Requires a higher minimum deposit

• Small commission fees may apply

• Pro Account:

• Higher minimum deposit requirement

• Not suitable for beginners

• Islamic Account:

• Limited availability based on broker

• May have fewer features compared to standard accounts

• Demo Account:

• No real financial gain

• May not replicate live trading conditions

Part 3: pro market Account Opening Requirements

pro market Account Registration Requirements

To open a pro market account, you must meet the following eligibility criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Varies by broker; some may restrict residents from certain countries.
• Prohibited Countries: Specific countries may be prohibited based on regulatory compliance.
• Identity Verification Documents Needed: Government-issued ID (passport or driver's license).
• Proof of Residence Requirements: Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts: Proof of trading experience or financial status may be required.

KYC/AML Compliance Procedures

• Complete identity verification (KYC).
• Submit required documentation for AML compliance.
• Verification of the source of funds may be necessary.

Verification Time Frames

• Typically, account verification can take anywhere from a few hours to several days, depending on the broker's processing speed.

Part 4: pro market Account Opening Process

Step-by-Step pro market Account Opening Guide

1. Visit Website and Click Registration: Go to the pro market official website and click on "Open Live Account" or "Register Now."
2. Personal Information Entry: Fill in your full name, email address, phone number, and country of residence.
3. Choose Account Type: Select the account type that suits your trading needs (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Choose your preferred trading platform and leverage options.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the broker to verify your account; this may take a few hours to days.
7. Fund Your Account: Deposit the minimum required amount to start trading.
8. Start Trading: Once your account is funded and verified, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is generally similar on both desktop and mobile platforms, though mobile apps may have streamlined interfaces.

Common Registration Issues and Solutions

• Issue: Document upload errors.
• Solution: Ensure documents are clear and meet the broker's requirements.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Account approval can take from a few hours to several days, depending on the broker's verification process.

How to Upgrade/Downgrade Account Types

• Most brokers allow you to upgrade or downgrade your account type through your account settings or by contacting customer support.

Part 5: pro market Demo Account Information

pro market Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Access to the same trading platforms and instruments as live accounts.
• Ideal for testing strategies and familiarizing with the trading environment.

How to Open a Demo Account

• Visit the broker's website and select "Open Demo Account."
• Fill out the required personal information.
• Choose your preferred trading platform and leverage.
• Start trading with virtual funds.

Demo Account Limitations

• Limited duration (typically 30 days to 90 days).
• No real financial gains from trading.

Virtual Balance Amount

• Usually provided with a virtual balance ranging from $10,000 to $100,000, depending on the broker.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money.
• Emotional factors in live trading can differ significantly from demo trading.

Duration/Expiry of Demo Accounts

• Demo accounts typically expire after a set period, often between 30 to 90 days, depending on the broker's policies.

Part 6: pro market Islamic Account (if available)

pro market Islamic Account Details

Swap-Free/Islamic Account Availability

• Many brokers offer Islamic accounts that comply with Sharia law, allowing Muslim traders to engage in trading without incurring interest.

Eligibility Requirements

• Must be a practicing Muslim.
• May require additional documentation to verify eligibility.

Differences from Standard Accounts

• Islamic accounts are typically swap-free, meaning no overnight interest is charged or earned.

How to Apply for Islamic Account

• During the account registration process, select the option for an Islamic account or contact customer support for assistance.

Restrictions or Special Conditions

• Some brokers may have specific conditions or limitations on trading instruments available in Islamic accounts.

FAQs – pro market Account Types & Opening

1. What account types does pro market offer？

• pro market offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $200, Pro: $500, Islamic: Same as Standard, Demo: N/A.

1. How long does pro market account verification take？

• Verification can take from a few hours to several days.

1. Does pro market offer demo accounts？

• Yes, pro market provides demo accounts for practice trading.

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

• Yes, many brokers allow you to hold multiple account types.

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

• Yes, Islamic accounts are available for Muslim traders.

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

• A government-issued ID and proof of residence are typically required.

1. Can I change my account type after registration？

• Yes, you can usually upgrade or downgrade your account type through your account settings or by contacting customer support.