China offers various account types tailored to different trading needs and preferences. Below is an overview of the available account types:
| Account Type | Minimum Deposit | Spread Type | Leverage | Target User Profile |
|---|---|---|---|---|
| Standard | Varies | Fixed | Up to 1:100 | Beginners |
| ECN | $1,000+ | Variable | Up to 1:200 | Experienced Traders |
| Pro | $5,000+ | Tight | Up to 1:500 | Professional Traders |
| Islamic | Same as Standard | Swap-free | Up to 1:100 | Muslim Traders |
| Demo | Virtual Funds | Same as live | Same as live | Beginners/Testing |
When comparing the features of various china golden account types, the following aspects are crucial:
Minimum Deposit:
Standard: Varies
ECN: $1,000+
Pro: $5,000+
Islamic: Same as Standard
Demo: Virtual funds
Maximum Leverage:
Standard: Up to 1:100
ECN: Up to 1:200
Pro: Up to 1:500
Islamic: Up to 1:100
Demo: Same as live accounts
Spreads (Typical/Minimum):
Standard: From 1.0 pips
ECN: Variable, often lower than 1.0 pips
Pro: Tight spreads, often below 1.0 pips
Islamic: Similar to Standard or ECN
Demo: Same as live accounts
Commission Fees:
Standard: None
ECN: Per trade commission
Pro: Lower commission rates
Islamic: None
Demo: None
Lot Size:
Standard: Micro, Mini, Standard
ECN: Standard
Pro: Standard
Islamic: Standard
Demo: Standard
Available Trading Platforms:
Standard: MT4, MT5
ECN: MT4, MT5
Pro: MT4, MT5
Islamic: MT4, MT5
Demo: MT4, MT5
Execution Type:
Standard: Market
ECN: Instant
Pro: ECN
Islamic: Market
Demo: Market
Islamic Account Availability:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: No
Swap-free Options:
Standard: Yes
ECN: Yes
Pro: Yes
Islamic: Yes
Demo: N/A
Demo Account Features:
Virtual balance: Typically $10,000
Duration: Usually unlimited but may vary by broker
Standard Account:
Easy to open and manage
Suitable for beginners
Fixed spreads provide predictability
ECN Account:
Lower spreads and faster execution
Direct market access
Ideal for scalping strategies
Pro Account:
High leverage and tight spreads
Advanced trading tools available
Suitable for high-volume traders
Islamic Account:
Complies with Sharia law
No swap fees
Available for all trading instruments
Demo Account:
Risk-free trading environment
Practice with virtual funds
Ideal for testing strategies
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit required
Commission fees can add up
Pro Account:
High minimum deposit
Complex for beginners
Islamic Account:
Limited availability of certain features
May have restrictions on trading strategies
Demo Account:
No real profits can be made
Limited to virtual trading experience
To open a china golden account, the following eligibility criteria must be met:
Demo Account Features and Benefits:
Access to the same trading platform as live accounts.
Ability to practice trading strategies without financial risk.
How to Open a Demo Account:
Visit the bank's website and select the demo account option.
Fill out the registration form and provide necessary details.
Demo Account Limitations:
Limited to virtual funds; no real profits can be made.
May have time restrictions based on the bank's policy.
Virtual Balance Amount:
Typically set at $10,000 for practice purposes.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Trading conditions may differ slightly due to market fluctuations.
Duration/Expiry of Demo Accounts:
Demo accounts may remain active for a limited time, often up to 30 days, but this can vary by provider.
Swap-free/Islamic Account Availability:
Available for all account types, including Standard, ECN, and Pro.
Eligibility Requirements:
Must comply with Islamic finance principles.
Differences from Standard Accounts:
No swap fees applied to overnight positions.
May have different trading conditions.
How to Apply for Islamic Account:
Indicate the desire for an Islamic account during the registration process.
Restrictions or Special Conditions:
Must adhere to Sharia law in trading practices.
Explore broker markets account types: forex/trading accounts with demo access.