CGI World broker Accounts

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

cgi world Account Types Explained

Available Account Types

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex pairs, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, ideal for scalpers.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex pairs, cryptocurrencies, commodities.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads starting from 1.0 pip; commission of $3 per lot.
• Leverage Options: Up to 1:400.
• Key Features: Enhanced trading conditions, priority support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex pairs, indices, commodities, stocks.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard Account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law; no interest fees.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex pairs, commodities.

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Simulated trading conditions.
• Leverage Options: Up to 1:500.
• Key Features: Practice trading without risk; access to all trading instruments.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: All available instruments.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed cgi world Account Features

Features Comparison Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:400

• Islamic: 1:500

• Demo: 1:500

• Spreads:

• Standard: 1.5 pips (typical)

• ECN: 0.0 pips (raw)

• Pro: 1.0 pip (competitive)

• Islamic: Similar to Standard

• Demo: Simulated

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account.

• Swap-Free Options: Available for Islamic Account.

• Demo Account Features: Unlimited access to virtual funds for practice.

Advantages and Disadvantages of Each Account Type

• Standard Account:

• Advantages: Low minimum deposit, no commission, user-friendly.

• Disadvantages: Higher spreads compared to ECN.

• ECN Account:

• Advantages: Low spreads, direct market access, suitable for scalping.

• Disadvantages: Higher minimum deposit, commission fees apply.

• Pro Account:

• Advantages: Competitive spreads, priority support, suitable for professionals.

• Disadvantages: High minimum deposit.

• Islamic Account:

• Advantages: No swap fees, compliant with Sharia law.

• Disadvantages: Limited to Muslim traders.

• Demo Account:

• Advantages: Risk-free trading, practice strategies.

• Disadvantages: Limited to virtual funds, not suitable for real trading.

cgi world Account Registration Requirements

Eligibility Criteria

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Available globally; check specific country regulations.
• Prohibited Countries: Not specified; generally excludes countries under sanctions.
• Identity Verification Documents Needed: Government-issued ID (passport or drivers license).
• Proof of Residence Requirements: Utility bill or bank statement with the applicant's name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• Complete identity verification through document submission.
• Address verification through utility bills or bank statements.
• Enhanced due diligence for high-risk clients.

Verification Time Frames

• Typically, account verification takes 1-3 business days, depending on document submission and review.

Step-by-Step cgi world Account Opening Guide

1. Visit Website and Click Registration: Navigate to the cgi world official website and select the registration option.
2. Personal Information Entry: Fill in personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type from the options available.
4. Set Trading Preferences: Indicate trading preferences, including leverage and trading style.
5. Document Upload: Upload required identity verification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your trading account using 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 desktop and mobile platforms, with mobile offering a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure all documents are clear and legible.
• Issue: Delay in verification.
• Solution: Contact customer support for status updates.

Average Account Approval Time

• Account approval typically takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings section to request an upgrade or downgrade.

cgi world Demo Account Guide

Demo Account Features and Benefits

• Access to all trading instruments with virtual funds.
• No risk of losing real money while practicing trading strategies.

How to Open a Demo Account

• Select the demo account option during the registration process and follow the prompts.

Demo Account Limitations

• Limited to virtual trading; cannot be used for real trades.

Virtual Balance Amount

• Typically offers a virtual balance of $100,000 for practice.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for 30 days but can be extended upon request.

cgi world Islamic Account Details

Swap-Free/Islamic Account Availability

• Yes, cgi world offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must be a Muslim trader seeking a swap-free trading environment.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Islamic finance principles.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions; consult the broker for details.

FAQs – cgi world Account Types & Opening

1. What account types does cgi world offer？

• cgi world 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 cgi world account verification take？

• Account verification typically takes 1-3 business days.

1. Does cgi world offer demo accounts？

• Yes, cgi world provides demo accounts for practice trading.

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

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

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

• Yes, cgi world offers Islamic accounts that are compliant with Sharia law.

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

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

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through your account settings.