WORLD MARKETS broker Accounts

world markets Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: world markets Account Types Overview

world markets Account Types Explained

The world markets offer various account types to cater to different trading needs and preferences. Below is a detailed overview of the available account types:

Recommended account types by trader level

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

Part 2: world markets Account Features Comparison

Detailed world markets Account Features

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

Advantages and Disadvantages of Each Account Type

Standard Account

• Advantages:
• Low minimum deposit
• User-friendly interface
• Suitable for beginners
• Access to educational resources
• Disadvantages:
• Higher spreads compared to ECN
• Limited features for advanced trading

ECN Account

• Advantages:
• Tight spreads
• Direct market access
• Ideal for scalping
• Lower trading costs for high volume
• Disadvantages:
• Higher minimum deposit
• Commission fees apply

Pro Account

• Advantages:
• Customizable trading conditions
• Dedicated account manager
• Suitable for institutional traders
• Lower overall trading costs
• Disadvantages:
• High minimum deposit
• More complex features may overwhelm beginners

Islamic Account

• Advantages:
• Complies with Sharia law
• No swap fees
• Suitable for Muslim traders
• Disadvantages:
• Limited availability of features compared to other accounts

Demo Account

• Advantages:
• Risk-free trading environment
• Unlimited practice
• Access to all trading instruments
• Disadvantages:
• No emotional involvement
• May not reflect real market conditions

Part 3: world markets Account Opening Requirements

world markets Account Registration Requirements

To open a world markets account, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Availability may vary by country; check with the broker for specific restrictions.
• Prohibited Countries: Certain jurisdictions may be restricted; verify with the broker.
• Identity Verification Documents Needed:
• Government-issued photo ID (passport, driver's license)
• Proof of residence (utility bill, bank statement)
• Additional Documentation for Professional Accounts: May include financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• All applicants must undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which may involve submitting additional documentation and answering security questions.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: world markets Account Opening Process

Step-by-Step world markets Account Opening Guide

1. Visit Website and Click Registration: Navigate to the world markets website and select the account type you wish to open.
2. Personal Information Entry: Fill in your personal details, including name, address, and contact information.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account to be verified by the broker's onboarding team.
7. Fund Your Account: Once approved, deposit funds into your trading account using available payment methods.
8. Start Trading: Log in to your account and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though the mobile interface may have a more streamlined design.

Common Registration Issues and Solutions

• Issue: Document upload errors.

  Solution: Ensure documents are clear and in the correct format.

• Issue: Delays in verification.

  Solution: Contact customer support for assistance.

Average Account Approval Time

• Generally, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• Most brokers allow you to upgrade or downgrade your account type through the account settings section on their website or by contacting customer support.

Part 5: world markets Demo Account Information

world markets Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading instruments available in live accounts.
• Unlimited virtual balance for extensive practice.

How to Open a Demo Account

• Visit the world markets website, select the demo account option, and complete the registration process.

Demo Account Limitations

• May not reflect real market conditions due to lack of emotional involvement and market dynamics.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $100,000, but this can vary by broker.

Demo vs Live Account Differences

• Demo accounts do not involve real money and are used for practice, while live accounts require real funds and involve actual trading risks.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for a specified period, often 30 days, but some brokers may offer extended access.

Part 6: world markets Islamic Account (if available)

world markets Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders who wish to comply with Sharia law, offering a swap-free trading experience.

Eligibility Requirements

• Must provide proof of Muslim faith and request the Islamic account option during registration.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, which are typically charged for overnight positions.

How to Apply for Islamic Account

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

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, such as limitations on certain trading strategies.

FAQs – world markets Account Types & Opening

1. What account types does world markets offer？

• Standard, ECN, Pro, Islamic, and Demo accounts.

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

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: $0.

1. How long does world markets account verification take？

• Typically 1-3 business days.

1. Does world markets offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with world markets？

• Yes, traders can open multiple accounts as per their needs.

1. Does world markets offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for traders who require them.

1. What documents do I need to open a world markets account？

• A government-issued photo ID and proof of residence.

1. Can I change my account type after registration？

• Yes, most brokers allow you to upgrade or downgrade your account type.