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Account Types

What is an Online
Trading Account?

An online trading account allows you to buy and sell financial instruments such as forex, stocks, and commodities through a trading platform like MetaTrader 4 or MetaTrader 5.

Instead of going through a traditional broker manually, you can execute trades instantly from your desktop or mobile device. In simple terms, A trading account is your gateway to the financial markets.

Open an Online Trading Account

Start trading global markets with a simple and secure online trading account. Whether you're new to forex trading or looking for better trading conditions, MH Markets provides flexible account types, powerful platforms, and fast execution to support your journey. 

You can trade forex, commodities, indices, and more using MT4 or MT5 with account options designed for beginners through to professional traders. 

  • Quick account setup 

  • Low minimum deposit options

  • Access to global markets

  • Demo account available for practice

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Trade with confidence using an account built for your experience level

MH Markets offers flexible trading account types designed for forex traders of all experience levels. Whether you are a beginner seeking simple trading conditions or a professional trader requiring ECN execution with raw spreads, our account types are designed to support different strategies and risk profiles. 

Why Trade with MH Markets 

How to Choose the Right Trading Account

Not sure which account type is right for you? Here’s a simple way to decide: 

  • New to trading?

    Start with the Standard Account for simple pricing and lower entry requirements 

  • Trading regularly?

    Choose the Prime Account for tighter spreads without commission 

  • Experienced or high-volume trader?

    Go with the ECN Account for raw spreads and direct market access 

  • Just exploring?

    Use a Demo Account to practice without real money 

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Choose Your Account in Seconds

Match your trading style to the right account type

Trader Type AccountKey Features 
Complete Beginner New to trading, building foundational knowledge Standard$1,Low minimum deposit, no per-trade commission. Straightforward cost structure — easier to understand fees while learning. Losses can still exceed your deposit; ensure you understand the risks before trading. 
Regular Retail TraderTrades consistently, seeking improved cost efficiency PrimeTighter spreads than Standard, no per-trade commission. Potentially reduces transaction costs for active traders. Past cost savings do not guarantee future profitability; suitability depends on your individual risk profile. 
High-Volume Trader Executes large or frequent positions regularly ECN Competitively tight spreads with a fixed commission per trade. Designed for traders where overall transaction costs matter most at volume. High-volume trading amplifies both potential gains and losses. May not be appropriate for all investors. 
Strategy TesterExploring the platform before committing real fundsDemo Simulated environment using virtual funds. Familiarize yourself with the platform and test strategies without real financial exposure. Note: demo conditions may differ from live markets; demo results do not indicate live trading outcomes. 

Compare MH Markets’ Trading Accounts

Side-by-side breakdown of account specifications

Standard

  • Minimum Deposit $50
  • SpreadFrom 0.8 pips
  • CommissionNo
  • ExecutionMarket
  • PlatformsMT4 / MT5
  • LeverageUp to 1:2000*
  • Stop Out Level30%

Prime

  • Minimum Deposit $100
  • SpreadFrom 0.5 pips
  • CommissionNo
  • ExecutionMarket
  • PlatformsMT4 / MT5
  • LeverageUp to 1:2000*
  • Stop Out Level30%

ECN

  • Minimum Deposit $1,000
  • SpreadFrom 0.0 pips
  • CommissionYes (per trade)
  • ExecutionExecution ECN (Direct Liquidity)
  • PlatformsMT4 / MT5
  • LeverageLeverage Up to 1:2000*
  • Stop Out Level30%

*Leverage is subject to regulatory limits and individual account conditions. Higher leverage increases both potential returns and potential losses.

Start Trading in 3 Simple Steps

  • Decorative glow effectregister_dark

    Register

    Complete the Registration Process to Create your Account

    What You Can Expect
    • Fast and hassle-free registration process
    • Personal data protection
  • Decorative glow effectdeposit_dark

    Deposit

    Login to your Live Account and Add Funds

    What You Can Expect
    • Multiple secure payment methods with no hidden fees
    • Instant deposits to get started right away
  • Decorative glow effecttrade_dark

    Trade

    Access the Global Financial Markets Through our Online Trading Platform

    What You Can Expect
    • Access advanced trading tools on MetaTrader 4/MetaTrader 5

Trading Conditions Overview 

Spreads are variable depending on market volatility 

Execution speed may vary during high-impact news 

Leverage up to 1:2000 available on all accounts 

Margin requirements depend on instrument type 

Frequently Asked Questions

Can I change my account type later?

You cannot directly change your account type, but you can open a new account with a different type using the same name and email address.

What is the best account for beginners?

The Standard Account is the best choice for beginners, thanks to its low minimum deposit and straightforward trading conditions.

Do all accounts support MT4 and MT5?

Yes, every account type is fully compatible with both MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Is there a demo account?

Absolutely. You can practice risk-free with a free demo account before moving to live trading.

What is an ECN Account?

An ECN (Electronic Communication Network) account connects you directly to liquidity providers, offering raw spreads and transparent commission-based pricing. It’s designed for professional traders who need tighter spreads, faster execution, and true market pricing.

What is the difference between ECN and Standard accounts?

The main differences are spreads, minimum deposit, and commissions. The Standard Account has a wider spread, but a much lower minimum deposit and no trading commissions. The ECN Account offers tighter spreads and direct market access but requires a higher minimum deposit and charges a commission per trade.

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