Trading widgets offers various account types tailored to different trading needs. Below is a comprehensive 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, CFDs, commodities |
| ECN | $500 | Low spreads from 0.1 pips + commission | Up to 1:100 | Direct market access, faster execution | Advanced traders | Forex, commodities, indices |
| Pro | $1,000 | Fixed spreads from 1.0 pip | Up to 1:200 | Advanced trading tools, priority support | Institutional traders | Forex, stocks, commodities |
| Islamic | $100 | Variable spreads from 1.5 pips | Up to 1:500 | Swap-free trading, compliant with Sharia law | Muslim traders | Forex, CFDs |
| Demo | N/A | N/A | N/A | Virtual trading environment, practice without risk | All levels | Forex, CFDs, commodities |
| Feature | Standard | ECN | Pro | Islamic | Demo |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $100 | N/A |
| Maximum Leverage | 1:500 | 1:100 | 1:200 | 1:500 | N/A |
| Spreads (Typical/Minimum) | 1.5 pips | 0.1 pips + commission | 1.0 pip | 1.5 pips | N/A |
| Commission Fees | None | Yes | None | None | N/A |
| Lot Size | Standard | Mini | Standard | Standard | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | Proprietary | MT4, MT5 | N/A |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-free Options | No | No | No | Yes | N/A |
| Demo Account Features | N/A | N/A | N/A | N/A | Yes |
Standard Account
Advantages:
Low minimum deposit
User-friendly interface
Access to educational resources
Disadvantages:
Higher spreads compared to ECN
Limited advanced features
ECN Account
Advantages:
Low spreads
Direct market access
Faster execution speeds
Disadvantages:
Higher minimum deposit
Commission fees apply
Pro Account
Advantages:
Fixed spreads
Advanced trading tools
Priority customer support
Disadvantages:
High minimum deposit
Not suitable for beginners
Islamic Account
Advantages:
Swap-free trading
Compliant with Sharia law
Disadvantages:
Limited availability of trading instruments
Demo Account
Advantages:
Risk-free trading environment
Practice trading strategies
Disadvantages:
No real money involved
Limited duration of use
Explore broker markets account types: forex/trading accounts with demo access.