BGC Account Type

　　BGC offers two main types of accounts tailored to meet the unique needs of its clientele:

• BGC Trader:
• Account Type: Institutional
• Minimum Deposit: $20,000
• Leverage: Up to 40:1 for Forex; varies for other assets.
• Spread: Variable and negotiable, indicative spreads range from 1-3 pips for major currency pairs.
• Commission: Negotiated per transaction, providing flexibility based on the notional value of trades.
• Demo Account: No demo account available for BGC Trader.
• E-commerce Solutions:
• Account Type: Varies by product
• Fees: Typically transaction-based or usage-dependent, making them cost-effective for clients seeking targeted solutions.
• Minimum Deposit: $20,000
• Trading Tools: Includes compression tools and risk management systems.

　　

BGC Broker Account Opening Process

　　To open an account with BGC, follow these steps:

• Visit BGC's Official Website: Access the website to find accurate and up-to-date information about account opening procedures.
• Navigate to the Account Opening Section: Locate the section specifically dedicated to account opening.
• Choose the Desired Account Type: Select either BGC Trader or E-commerce Solutions based on your trading needs.
• Complete the Online Application Form: Fill out the application form with accurate personal details, financial information, and trading preferences.
• Submit Required Documentation: Upload necessary documents for account verification, which may include proof of identity, address, and financial statements.
• Await Verification and Approval: After submission, BGC will review and verify your information. Upon successful verification, you will receive instructions on funding and accessing your trading platform.

　　These processes ensure that clients can access specialized trading solutions tailored to their investment strategies.

　　Source: WikiFX

　　Source: WikiBit