teramusu offers several account types tailored to meet the diverse needs of traders. Below is a detailed overview of each account type available:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads from 1.5 pips | Up to 1:500 | User-friendly interface, access to educational resources | Beginners | Forex, commodities, indices |
| ECN | $500 | Low spreads starting from 0.1 pips + commission | Up to 1:200 | Direct market access, faster execution | Advanced traders | Forex, commodities, cryptocurrencies |
| Pro | $1,000 | Fixed spreads from 1.0 pips | Up to 1:100 | Tailored for institutional clients, advanced trading tools | Institutional | Forex, commodities, indices, stocks |
| Islamic | $500 | Variable spreads from 1.5 pips | Up to 1:500 | Swap-free trading, compliant with Sharia law | Muslim traders | Forex, commodities, indices |
| Demo | N/A | N/A | N/A | Practice trading without risk, access to all trading instruments | All levels | Forex, commodities, indices |
The following table compares the features across different teramusu account types:
| Feature | Standard | ECN | Pro | Islamic | Demo |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $500 | N/A |
| Maximum Leverage | Up to 1:500 | Up to 1:200 | Up to 1:100 | Up to 1:500 | N/A |
| Spreads | 1.5 pips | 0.1 pips + commission | 1.0 pips | 1.5 pips | N/A |
| Commission Fees | None | Yes (variable) | None | None | N/A |
| Lot Size | Standard | Micro, Mini, Standard | Mini, Standard | Standard | N/A |
| Trading Platforms | MT4, MT5 | MT4, MT5 | Proprietary | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | Market |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | N/A | N/A | N/A | N/A | Full access to instruments |
To open a teramusu account, the following eligibility criteria must be met:
Demo Account Features and Benefits:
Access to all trading instruments
Risk-free environment to practice trading strategies
Full functionality of the trading platform
How to Open a Demo Account:
Follow the same registration steps but select the demo account option.
Demo Account Limitations:
Limited duration (usually 30 days)
Virtual funds only, no real money involved
Virtual Balance Amount:
Typically starts with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Market conditions may differ in a demo environment.
Duration/Expiry of Demo Accounts:
Demo accounts generally expire after 30 days of inactivity.
Swap-Free/Islamic Account Availability:
Yes, teramusu offers Islamic accounts that comply with Sharia law.
Eligibility Requirements:
Must be a Muslim trader.
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 Islamic trading principles.
Explore broker markets account types: forex/trading accounts with demo access.