BeGold broker Accounts

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

Part 1: begold Account Types Overview

begold Account Types Explained

BeGold offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type:

1. Standard Account

• Minimum Deposit: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pip
• Leverage Options: Up to 1:100
• Key Features: Ideal for beginners, access to all trading instruments
• Target User Profile: Beginner traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit: $500
• Spread/Commission Structure: Raw spreads from 0.0 pips plus commission
• Leverage Options: Up to 1:200
• Key Features: Direct market access, lower spreads, suitable for scalping
• Target User Profile: Advanced traders
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit: $5,000
• Spread/Commission Structure: Fixed spreads from 0.5 pips, lower commissions
• Leverage Options: Up to 1:300
• Key Features: Enhanced trading conditions for professional traders
• Target User Profile: Institutional traders
• Trading Instruments Available: Forex, commodities, indices, and more

1. Islamic Account

• Minimum Deposit: $100
• Spread/Commission Structure: Similar to Standard Account but swap-free
• Leverage Options: Up to 1:100
• Key Features: Complies with Sharia law, no interest charges
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit: Virtual balance (typically $10,000)
• Spread/Commission Structure: Same as Standard Account
• Leverage Options: Up to 1:100
• Key Features: Practice trading without risk, access to all instruments
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Part 2: begold Account Features Comparison

Detailed begold Account Features

When comparing the features across different begold account types, the following aspects are crucial:

• Minimum Deposit: Varies from $100 for Standard and Islamic accounts to $5,000 for Pro accounts.
• Maximum Leverage: Ranges from 1:100 for Standard and Islamic accounts to 1:300 for Pro accounts.
• Spreads:
• Standard: From 1.0 pip
• ECN: From 0.0 pips
• Pro: From 0.5 pips
• Islamic: Similar to Standard
• Commission Fees:
• ECN accounts incur a commission on trades, while Standard and Islamic accounts do not.
• Pro accounts have lower commissions compared to ECN.
• Lot Size:
• Standard and Islamic accounts allow micro and mini lots.
• ECN and Pro accounts support standard lots.
• Available Trading Platforms: All accounts support MT4 and MT5.
• Execution Type:
• Standard and Islamic accounts offer market execution.
• ECN accounts provide direct market access.
• Islamic Account Availability: Available for Standard and Islamic account types.
• Swap-free Options: Offered in Islamic accounts.
• Demo Account Features:
• Virtual balance typically around $10,000.
• Same trading conditions as Standard accounts.
• Advantages of Each Account Type:
• Standard: Low minimum deposit, user-friendly.
• ECN: Tight spreads, suitable for scalping.
• Pro: Enhanced features for professionals, lower costs.
• Islamic: No interest charges, compliant with Sharia law.
• Demo: Risk-free environment for practice.
• Disadvantages of Each Account Type:
• Standard: Higher spreads compared to ECN.
• ECN: Requires higher minimum deposit, commissions apply.
• Pro: High minimum deposit, complex for beginners.
• Islamic: Limited to specific trading conditions.
• Demo: Limited duration and no real profits.

Part 3: begold Account Opening Requirements

begold Account Registration Requirements

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

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of most countries, but specific countries may be restricted.
• Prohibited Countries: Countries under international sanctions or those with specific trading restrictions.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement)
• Proof of Residence Requirements: Recent documents showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require 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.
• Verification Time Frames: Typically, account verification takes 1-3 business days.

Part 4: begold Account Opening Process

Step-by-Step begold Account Opening Guide

1. Visit Website and Click Registration: Go to the BeGold homepage and select the registration option.
2. Personal Information Entry: Fill out the required personal details, including name, email, and phone number.
3. Choose Account Type: Select the desired account type (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the necessary identity verification documents.
6. Account Verification: Wait for the account to be verified by the BeGold team.
7. Fund Your Account: Once verified, deposit funds into your account using the available payment methods.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Document Rejection: Ensure documents are clear and meet the specified requirements.
• Verification Delays: Contact customer support if verification exceeds the expected timeframe.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: begold Demo Account Information

begold Demo Account Guide

• Demo Account Features and Benefits:
• Allows traders to practice without financial risk.
• Access to all trading instruments available in live accounts.
• How to Open a Demo Account:
• Follow the same registration process and select the demo account option.
• Demo Account Limitations:
• Limited duration, typically expires after 30 days.
• Virtual Balance Amount: Usually set at $10,000 for practice.
• Demo vs Live Account Differences:
• Demo accounts use virtual funds, while live accounts require real money.
• Duration/Expiry of Demo Accounts:
• Generally, demo accounts are valid for 30 days unless extended.

Part 6: begold Islamic Account (if available)

begold Islamic Account Details

• Swap-free/Islamic Account Availability: Yes, available for Standard and Islamic account types.
• Eligibility Requirements: Must be a practicing Muslim.
• Differences from Standard Accounts: No interest charges applied to overnight positions.
• How to Apply for Islamic Account: Select the Islamic account option during registration.
• Restrictions or Special Conditions: Must comply with Sharia law; no trading in prohibited instruments.

FAQs – begold Account Types & Opening

1. What account types does begold offer？

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

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

• Standard: $100, ECN: $500, Pro: $5,000, Islamic: $100, Demo: Virtual balance.

1. How long does begold account verification take？

• Account verification typically takes 1-3 business days.

1. Does begold offer demo accounts？

• Yes, BeGold provides demo accounts for practice trading.

1. Can I have multiple account types with begold？

• Yes, you can open multiple account types.

1. Does begold offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

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

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

1. Can I change my account type after registration？

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