Xpert Markets broker Accounts

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

xpert markets Account Types Explained

Xpert Markets offers a variety of account types tailored to different trading needs and experience levels. Below is an overview of the available account types, including their features, minimum deposit requirements, and target user profiles.

Available Account Types

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: Access to all major trading instruments, educational resources, and customer support.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips + commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower trading costs, and faster execution.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Pro Account

• Minimum Deposit: $1,000
• Spread/Commission Structure: Competitive spreads with lower commission fees.
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer support, and dedicated account manager.
• Target User Profile: Professional and institutional traders.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to Standard Account but swap-free.
• Leverage Options: Up to 1:500
• Key Features: Complies with Sharia law, no swap fees.
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

1. Demo Account

• Minimum Deposit: N/A (virtual funds)
• Spread/Commission Structure: Similar to Standard Account.
• Leverage Options: Up to 1:500
• Key Features: Practice trading with virtual funds, access to trading tools, and educational resources.
• Target User Profile: Beginners and traders looking to test strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed xpert markets Account Features

Comparison of Features Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Suitable for beginners.

• Access to educational resources.

• ECN Account:

• Lower trading costs.

• Direct market access.

• Fast execution speeds.

• Pro Account:

• Personalized support.

• Advanced trading tools.

• Lower commission fees.

• Islamic Account:

• Complies with Sharia law.

• No swap fees.

• Flexible trading options.

• Demo Account:

• Risk-free trading environment.

• Practice with virtual funds.

• Access to all trading tools.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Higher minimum deposit.

• Commission fees may apply.

• Pro Account:

• High minimum deposit requirement.

• Not suitable for casual traders.

• Islamic Account:

• Limited availability of advanced features.

• May not suit all trading styles.

• Demo Account:

• No real money involved.

• Limited to virtual trading experience.

xpert markets Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to traders in most countries, but specific restrictions may apply.
• Prohibited Countries: Residents of certain countries may be restricted from opening accounts (specific countries not listed).
• Identity Verification Documents Needed: Government-issued ID (passport or driver's license).
• Proof of Residence Requirements: Utility bill or bank statement showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.

KYC/AML Compliance Procedures

• Xpert Markets adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring users to verify their identity and address before trading.

Verification Time Frames

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

Step-by-Step xpert markets Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the Xpert Markets official website and click on the "Sign Up" button.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify 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 Xpert Markets team.
7. Fund Your Account: Deposit funds into your account using available payment methods.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

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

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and meet the required specifications.
• Issue: Email verification not received.
• Solution: Check spam/junk folders or request a new verification email.

Average Account Approval Time

• The average account approval time is 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Account upgrades or downgrades can be requested through the account management section on the Xpert Markets platform, subject to verification of new account requirements.

xpert markets Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice trading strategies without financial risk, using virtual funds to simulate real trading conditions.

How to Open a Demo Account

• Visit the Xpert Markets website and select the option to open a demo account. Fill in the required information and follow the prompts to create your account.

Demo Account Limitations

• The demo account may have limitations on the duration of use and the amount of virtual funds available.

Virtual Balance Amount

• The demo account typically starts with a virtual balance of $10,000, allowing traders to practice various strategies.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money and actual market conditions.

Duration/Expiry of Demo Accounts

• Demo accounts generally remain active for a limited time (e.g., 30 days) unless extended by the broker.

xpert markets Islamic Account Details

Swap-Free/Islamic Account Availability

• Xpert Markets offers an Islamic account option that is swap-free, complying with Sharia law.

Eligibility Requirements

• Traders must indicate their preference for an Islamic account during registration and may need to provide documentation confirming their eligibility.

Differences from Standard Accounts

• The Islamic account does not incur swap fees, making it suitable for Muslim traders.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

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

FAQs – xpert markets Account Types & Opening

1. What account types does xpert markets offer？

• Xpert Markets offers 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: N/A.

1. How long does xpert markets account verification take？

• Verification typically takes 1-3 business days.

1. Does xpert markets offer demo accounts？

• Yes, Xpert Markets provides demo accounts for practice trading.

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

• Yes, traders can open multiple accounts, subject to the broker's terms.

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

• Yes, Xpert Markets offers Islamic accounts that are swap-free.

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

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

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through account management.