Worldwide Express offers several account types tailored to different trading needs. Below are the available account types:
| Account Type | Minimum Deposit | Spread/Commission Structure | Leverage Options | Key Features | Target User Profile | Trading Instruments Available |
|---|---|---|---|---|---|---|
| Standard | $100 | Variable spreads | Up to 1:500 | Basic features, access to all instruments | Beginners | Forex, CFDs, commodities |
| ECN | $500 | Low spreads + commission | Up to 1:200 | Direct market access, lower spreads | Intermediate to advanced traders | Forex, commodities, indices |
| Pro | $1,000 | Fixed spreads | Up to 1:100 | Advanced trading tools, priority support | Advanced traders | Forex, CFDs, commodities |
| Islamic | $500 | Variable spreads | Up to 1:500 | Swap-free trading | Muslim traders | Forex, CFDs |
| Demo | N/A | N/A | N/A | Practice trading without risk | All levels | Forex, CFDs |
The following table compares features across different account types:
| Feature | Standard Account | ECN Account | Pro Account | Islamic Account | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 | $500 | N/A |
| Maximum Leverage | 1:500 | 1:200 | 1:100 | 1:500 | N/A |
| Spreads (Typical/Minimum) | Variable | Low | Fixed | Variable | N/A |
| Commission Fees | None | Yes | None | None | N/A |
| Lot Size | Micro | Mini/Standard | Standard | Micro | N/A |
| Available Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Execution Type | Market | ECN | Market | Market | N/A |
| Islamic Account Availability | No | No | No | Yes | N/A |
| 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
Access to all trading instruments
User-friendly for beginners
Disadvantages:
Higher spreads compared to ECN
Limited advanced features
ECN Account
Advantages:
Lower spreads
Direct market access
Suitable for scalping
Disadvantages:
Higher minimum deposit
Commission fees apply
Pro Account
Advantages:
Fixed spreads for better predictability
Advanced trading tools
Priority customer support
Disadvantages:
Higher minimum deposit
Limited leverage
Islamic Account
Advantages:
Swap-free trading
Same features as Standard Account
Disadvantages:
Higher minimum deposit than Standard Account
Demo Account
Advantages:
Risk-free trading environment
Access to all trading instruments
Disadvantages:
Limited to virtual funds
No real profits
Explore broker markets account types: forex/trading accounts with demo access.